[4][5] The company's assets were purchased out of bankruptcy by Doosan Fuel Cell America, Inc.[6][7] ClearEdge Power, Inc. was founded in 2003 as Quantum Leap Technology by Ed Davis and[8][9] after Brett Vinsant and Ed Davis created the company's fuel cell in their garages in Hillsboro, Oregon.

[20][21] In February 2010, a fuel cell was installed at a Hillsboro Fire Department station; local dignitaries included Congressman David Wu.

[22][23][24] ClearEdge backed one of the bills, which would increase the federal tax credit for installing a fuel cell at a residence to be same as for businesses.

ClearEdge signed a $40 million deal in June 2010 to supply 800 fuel cells to Korean based LS Industrial Systems over a three-year period.

[10] ClearEdge was awarded a $2.8 million federal Department of Energy grant that would allow them to provide 38 fuel cells to ten different organizations including a grocery store and community college.

[29] They raised $73.5 million in private equity funding in August 2011 to help expand sales to Europe and South Korea.

[2] In December 2012, ClearEdge reached an agreement with United Technologies Corp. to buy its fuel cell business, UTC Power.

[34] The former UTC unit in Connecticut was then closed without warning in April 2014 as the company weighed filing for bankruptcy protection.