Published by Todd Bush on March 7, 2023
The non-equity dilutive program is designed to help mature startups accelerate decarbonization at scale
March 06, 2023 01:08 PM Eastern Standard Time
SAN FRANCISCO--(BUSINESS WIRE)--CFEX, Inc. announced today that it has been selected as one of the 15 startups that will participate in the Amazon Web Services (AWS) Clean Energy Accelerator 3.0, a high-pace, non-equity dilutive accelerator designed to facilitate collaborations with mature startups developing breakthrough clean energy technologies. The program is focused on fostering innovation and rapid growth of clean energy technology, which is needed to address the global climate crisis.
>> In Other News: Aker Carbon Capture Awarded Pre-FEED from Statkraft in Norway
“The ground-breaking innovations, products and solutions displayed in the previous Clean Energy Accelerator programs have offered an inspiring glimpse into the energy systems of the future, and chart a path towards accelerating decarbonization at scale,” said Howard Gefen, General Manager of Energy and Utilities, AWS. “We’re pleased to welcome CFEX into the Clean Energy Accelerator 3.0, and work together to take on one of the greatest challenges of our generation.”
“We are excited to join the AWS Clean Energy Accelerator and work towards overcoming clean energy and decarbonization challenges,” said Jian Zhang, Co-Founder and CEO of CFEX. “Through this program we can help define and shape the future of clean energy innovation.”
Primary focus areas of the AWS Clean Energy Accelerator 3.0 include: advanced materials; carbon capture, utility and storage; economic hydrogen generation, transport, and use; energy storage; grid modernization; energy security and reliance.
The program is designed to spur co-innovation through energy collaborations, and is centered on the needs of mature startups from across the globe. Through the program, industry and thought leaders will mentor startups on topics like energy, digital competency, investment, public policy, innovation, and advanced research. Leading energy organizations will work with selected startups on addressing clean energy and decarbonization challenges, while AWS provides guidance in accelerating experimentation, expanding automation, and delivering deep insights by leveraging the cloud.
The AWS Clean Energy Accelerator 3.0 will include 12 weeks of virtual and in-person programming, kicking off in Seattle in April. The program will have an expanded reach and scope, which includes international exchange sprints to foster tech innovation hubs around the world, including one in the UAE, in collaboration with Masdar City. The Clean Energy Accelerator 3.0 will culminate with the Innovation Showcase that will be held at the 2023 United Nations Climate Change Conference (COP 28) next November in Dubai. The event will include CEA startups showcasing their clean energy technology innovations, and highlights on the latest CEA-driven clean energy technology pilot programs. Click here to pre-register for the Clean Energy Accelerator Innovation Showcase and receive the latest program updates.
Learn more about the AWS Clean Energy Accelerator at: www.aws.amazon.com/energy/clean-energy-accelerator.
About CFEX, Inc.
CFEX partners with enterprises worldwide to enable them to efficiently and scalably decarbonize their businesses. The company’s Carbon Free Energy Cloud application suite helps these organizations track Scope 2 emissions, plan mitigation strategies and streamline the operations of Carbon Free Energy procurements to mitigate their Scope 2 emissions. CFEX is the trademark of CFEX, Inc., For more information, visit www.CFEX.cloud.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🌊 NYK Partners With Climeworks to Remove CO₂ Through Diverse Carbon Removal Solutions 🛠️ First Public Hydrogen (FPH2) Appoints Ernesto Medrano to Board of Directors 💡 Kinetics Ac...
Inside This Issue 📊 Trading Carbon Right: Why Credit Quality Matters More Than Ever ☀️ SunHydrogen Contracts The Process Group for Front-End Engineering Design of 25m2 Renewable Hydrogen Pilot Pla...
Inside This Issue 🏆 Tri-gen Receives U.S. Department of Energy 2025 Better Project Award ⚡ HyOrc Corporation Unveils Modular Hydrogen Power for a Failing Grid 🌳 Everland in Partnership with BNP Pa...
Statkraft Stops New Development of Green Hydrogen Projects
Statkraft has decided to stop new development of green hydrogen due to increased uncertainty in the market. Parts of the portfolio will be matured before seeking investors to realise the projects. ...
Exxon Agrees to Supply Japan's Marubeni With Low-Carbon Ammonia
Exxon Mobil has signed a long-term agreement to supply 250,000 metric tons of low-carbon ammonia annually to Japanese trading house Marubeni, the U.S. oil producer said on Wednesday, representing E...
Elcogen and Casale SA Collaborate to Drive Innovation in Green Ammonia and Sustainable Energy
Tallinn, ESTONIA, May 07, 2025 (GLOBE NEWSWIRE) -- Elcogen, a leading European manufacturer of technology that enables the efficient production of affordable green hydrogen and emission-free electr...
Synagro and Partners to Test Commercial-Scale High Temperature Pyrolysis Pilot for PFAS Destruction, Syngas Recovery and Biochar Production CHAR Technologies Ltd. ("CHAR Tech" or the "Company") (T...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.