Heliogen, Inc. Announces Fourth Quarter and Full Year 2023 Financial and Operational Results; Appoints New CFO
Heliogen, Inc. ("Heliogen") (OTCQX:HLGN), a leading provider of AI-enabled concentrating solar energy technology, today provided its fourth quarter and full year 2023 financial and operational results and announced the appointment of its new Chief Financial Officer.
Financial and Operational Highlights
2.0 gigawatts ("GW") in opportunity pipeline, an increase of nearly 1.2 GW since August 2023
Demonstrated third-party validation of the effectiveness of Heliogen's proprietary control system at Sandia National Laboratories' National Solar Thermal Test Facility, validating software's role in enhancing solar plant efficiency and interoperability, paving the way for commercialization thr