This business paves the way for large-scale production of bioLNG and e-fuels. The approach involves the cultivation of seaweed in ponds along desert shores, which is then converted into biogas and further upgraded. This innovative process holds the key to decarbonizing combustion engines in challenging-to-address sectors like shipping and aviation.
The scalable solution not only transforms seaweed into valuable bioLNG and e-fuels but also plays a crucial role in mitigating the environmental impact of traditionally hard-to-abate industries.
SECTOR: Renewable Energies
TICKET SIZE: $5 000 000-$10 000 000
FINANCE TYPE: Grant or equity to buy hardware, contract specialist studies, and secure the services of the current team, which is bootstrapping
LOCATION: South Africa
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