Breakthrough Energy

GRAPHYTE ANNOUNCES WORLD'S FIRST PERMANENT, AFFORDABLE, AND SCALABLE CARBON REMOVAL SOLUTION

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星期一, 十一月 13, 2023

Carbon, Biomass, Climate change, Engineering, Carbon dioxide, IPCC, CO2, Breakthrough Energy, Farmer, Photosynthesis, Face, Coal, Renewable energy

MEMPHIS, Tenn., Nov. 13, 2023 /PRNewswire/ -- Graphyte, a startup backed by Breakthrough Energy Ventures, today announced a new carbon dioxide removal approach that is permanent, affordable, and immediately scalable. "Carbon Casting" is the first technology that can permanently remove billions of tons of carbon dioxide (CO2) for 1,000+ years at under $100/ton.

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"Carbon Casting" is the first technology that can permanently remove billions of tons of carbon dioxide (CO2) for 1,000+ years at under $100/ton.
Graphyte developed the Carbon Casting technology to address the need for scalable carbon removal in order to change the trajectory of climate change.
Today, the world produces less than 0.001% of the needed carbon removal because many existing technologies face significant obstacles.
Graphyte seamlessly fuses nature's ability to capture carbon with the reliability and durability of engineering, setting a new standard for optimal carbon dioxide removal.

Ørsted partners with Breakthrough Energy Catalyst, the European Commission, and the European Investment Bank for FlagshipONE

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星期四, 十二月 14, 2023

Energi, Climate, Carbon, Government, European Investment Bank, Private sector, Renewable energy, InvestEU, EIB, Civil service commission, BofA Securities, European Commission, Breakthrough Energy, Water, COP28, Partnership, Electricity, Oil

Ørsted partners with Breakthrough Energy Catalyst, the European Commission, and the European Investment Bank for FlagshipONE

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Ørsted partners with Breakthrough Energy Catalyst, the European Commission, and the European Investment Bank for FlagshipONE
Today, at COP28, Ørsted announced that the EU-Catalyst Partnership, which consists of the European Commission, Breakthrough Energy Catalyst, and the European Investment Bank, has vowed to support Ørsted’s FlagshipONE project, highlighting the innovative nature of this project and its potential to contribute to the decarbonisation of shipping.
FlagshipONE is Europe’s largest e-methanol plant and is currently the world’s strongest proof point that carbon-neutral shipping is possible.
Breakthrough Energy Catalyst is a first-of-its-kind model, bringing together government partners and leading organisations from across the private sector to fund and scale emerging climate technologies.
Breakthrough Energy Catalyst will acquire a 15 % equity interest in FlagshipONE and provide a grant to the project, subject to the fulfilment of funding conditions.

Airloom Energy, Inc. Appoints Neal Rickner as Chief Executive Officer

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星期四, 十一月 2, 2023

Airloom Energy , an energy company revolutionizing utility-scale wind energy generation, today announced the appointment of Neal Rickner as Chief Executive Officer.

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Airloom Energy , an energy company revolutionizing utility-scale wind energy generation, today announced the appointment of Neal Rickner as Chief Executive Officer.
He spent nearly a decade at Google and Google[x] leading teams, most notably serving as the Chief Operating Officer of Makani , a next-generation wind-turbine company owned by Alphabet and Shell.
Rickner is also a decorated veteran of the U.S. Marines, serving as an F-18 pilot and Forward Air Controller for over 12 years.
In contrast, the typical Airloom runs 30-foot blades along a lightweight track with a total height of 80 feet.

Novel Farms Co-founders Named as Breakthrough Energy Fellows

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星期一, 十月 16, 2023

Nieves Martinez Marshall , CEO and Co-founder, and Michelle Lu , CSO and Co-founder of Novel Farms were named as Fellows, working in the cultivated meat industry.

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Nieves Martinez Marshall , CEO and Co-founder, and Michelle Lu , CSO and Co-founder of Novel Farms were named as Fellows, working in the cultivated meat industry.
Novel Farms leverages a novel microbial fermentation approach to create a scaffolding platform that can significantly reduce cultivated meat production costs.
The Breakthrough Energy Fellows (BE Fellows) program provides the world’s best and brightest innovators with crucial resources, including research funding, mentorship, education, and access to the extensive Breakthrough Energy network.
"Building a clean energy future requires constant innovation and new ideas, so I’m thrilled to welcome our third cohort of Fellows whose groundbreaking work around the world unlock new possibilities, " said Ashley Grosh, Vice President of Breakthrough Energy Fellows.

Newlab’s Inaugural New Climate Futures Event Convened More than 1,000 Attendees to Advance Real-World Outcomes for Local and Global Climate Goals

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星期四, 十月 5, 2023

Newlab , a platform for deep tech startups, recently hosted its inaugural Climate Week event, New Climate Futures , at its Brooklyn Navy Yard flagship location.

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Newlab , a platform for deep tech startups, recently hosted its inaugural Climate Week event, New Climate Futures , at its Brooklyn Navy Yard flagship location.
By convening startups, industry leaders, corporate entities, and policymakers, Newlab facilitated connections and critical knowledge sharing for building and scaling climate solutions.
Attendees from organizations like Breakthrough Energy Ventures, The Nature Conservancy, The U.S. Department of Energy, Amazon, Mitsubishi Heavy Industries and more were present to push solutions forward.
Newlab will be hosting New Climate Futures again in 2024 during Climate Week.

Stoke Space Announces $100 Million in New Investment

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星期四, 十月 5, 2023

DALLAS, Oct. 5, 2023 /PRNewswire/ -- Stoke Space, the rocket company building the world's most efficient fully and rapidly reusable rocket, announced today $100 million in new Series B investment to drive continued growth and innovation. This investment more than doubles the company's total funding, which now sits at $175 million. The company also announced the official name of its first rocket: Nova.

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Investment to Fund Further Development of its Fully Reusable Rocket and New Construction at Launch Complex 14 at Cape Canaveral Space Force Station, Fla.
DALLAS, Oct. 5, 2023 /PRNewswire/ -- Stoke Space, the rocket company building the world's most efficient fully and rapidly reusable rocket, announced today $100 million in new Series B investment to drive continued growth and innovation.
This investment more than doubles the company's total funding, which now sits at $175 million.
"This new round of funding is a huge vote of confidence in our team," said Andy Lapsa, CEO and Co-Founder, Stoke Space.
Stoke has been granted dedicated use of Launch Complex 14 by the US Space Force for its orbital flights.

Business leaders from Microsoft, Salesforce and LinkedIn among the speakers at VDS2023

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星期三, 十月 4, 2023

As well as serving as a nexus for entrepreneurs, startups, corporations, and investors, VDS2023 will also feature speakers from leading national and international venture capital firms.

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As well as serving as a nexus for entrepreneurs, startups, corporations, and investors, VDS2023 will also feature speakers from leading national and international venture capital firms.
Valencia Digital Summit 2023 promises to delve deep into the major societal challenges of our era through its carefully curated programme.
Embracing the theme of 'Building the Good Future', this summit will bring together global economic and tech leaders to address pressing issues that are shaping the world's path toward a more promising future.
The main topics of discussion will be artificial intelligence, mobility, sustainability, longevity, the future of work, and the role of women in tech.

Electric Hydrogen Raises $380 Million to Transform the Economics of Green Hydrogen Production

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星期二, 十月 3, 2023

Green hydrogen is needed for decarbonizing vital industrial processes such as fertilizer production, steelmaking, base chemicals and many others.

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Green hydrogen is needed for decarbonizing vital industrial processes such as fertilizer production, steelmaking, base chemicals and many others.
Until now, switching from fossil-based sources to renewable green hydrogen has been too costly to be implemented at scale.
Electric Hydrogen’s 100MW green hydrogen systems use advanced technology that could significantly reduce production costs.
Electric Hydrogen manufactures, delivers and commissions the world’s most powerful electrolyzers for critical industries to produce the lowest cost green hydrogen.

Mattiq Develops Portfolio of Novel Catalysts to Solve Key Materials Challenge in the Global Scale-Up of Clean Hydrogen

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星期二, 十月 3, 2023

Mattiq , the clean chemistry company, announced today the development of a portfolio of novel, highly durable alternatives to iridium, a rare and costly element critical to clean hydrogen production.

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Mattiq , the clean chemistry company, announced today the development of a portfolio of novel, highly durable alternatives to iridium, a rare and costly element critical to clean hydrogen production.
Each alternative has the potential to meet or exceed that material’s performance, but with a much lower cost and greater availability.
However, PEM electrolyzers rely on iridium oxide catalysts, straining the supply chain of one of the rarest naturally-occurring elements on Earth.
Iridium’s limited supply and high cost has stirred debate in the planning of infrastructure, such as hydrogen hubs, to meet future demand for clean hydrogen.

GeologicAI Announces $10M in Additional Funding from Export Development Canada to Accelerate Global Expansion of Its Rock Analytics Platform

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星期一, 九月 25, 2023

This investment will accelerate global deployment of GeologicAI's fleet of AI-powered robot geologists to support the exploration and extraction of the critical minerals required for the energy transition.

Key Points:

This investment will accelerate global deployment of GeologicAI's fleet of AI-powered robot geologists to support the exploration and extraction of the critical minerals required for the energy transition.
Our financing will help support GeologicAI’s ongoing global expansion and deployment of its innovative technology.”
GeologicAI’s technology combines hardware, software, and advanced machine learning into an integrated digital rock analytics platform.
The company's cloud-based digital rock viewing and analysis software gives geologists worldwide instant access to high-resolution AI-enhanced digital rock twins and automated digital geoscience workflows.
GeologicAI is already working with some of the world’s leading mining and exploration companies and is excited to leverage the EDC funding to accelerate its global expansion.