Press Release: AP News


Press

May 22, 2026

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News & Events

May 22, 2026

Press Release: Yahoo Finance
Today, REPS announced a $23.6M equity financing round to scale its Road Energy Production System, a patented “road power plant” that converts vehicle traffic into electrical energy.


May 22, 2026

Cleantech REPS gets $23.6M to turn road traffic into clean electricity at scale
Every day, enormous amounts of energy are lost through motion, pressure, and vibration. On roads, that loss is constant, predictable, and concentrated in the same places over and over again: entrances, exits, curves, speed-limited zones, loading areas, and any point where heavy vehicles naturally slow down. REPS was built to recover that wasted mechanical energy and convert it into clean electricity at scale, using infrastructure that already exists.


