Liquid Wind, a Swedish start-up, recently launched their second crowdfunding campaign and have already raised 1 million SEK, demonstrating the ongoing commitment to supporting sustainable solutions.
Liquid Wind, in partnership with their consortium, will convert waste CO2 and renewable electricity into carbon neutral fuel, eMethanol. The funding will enable Liquid Wind to accelerate their momentum in bringing eMethanol to market at scale and reducing transport carbon emissions.
Liquid Wind are developing their first commercial-scale eMethanol facility in Sweden and plan to establish six facilities by 2030 before expanding internationally. The project is supported by the expertise and technology of Axpo, COWI, Carbon Clean Solutions, Haldor Topsoe, Nel Hydrogen and Siemens. Each facility will produce 45 000 t of fuel which, by replacing fossil fuels, will enable a reduction in CO2 emissions of 90 000 tpy. The design for the facility is well underway and funds will be used to support engineering and permitting work leading up to financial close of the facility in 2021. The eMethanol will be commercially available from 2023.
Read the article online at: https://www.energyglobal.com/other-renewables/06052020/liquid-wind-set-to-produce-emethanol/