Published by Todd Bush on January 31, 2024
HOUSTON, Jan. 30, 2024 /PRNewswire/ -- Houston-based Solidec Inc., a developer of novel electrolyzers for carbon capture and chemical production, has been selected by Chevron Technology Ventures (CTV) to participate in its Catalyst Program™. This program will support the development and prototyping of Solidec's platform of electrolyzers that capture carbon and generate chemicals using only air, water, and electricity.
Launched by Chevron in 2017, the Catalyst Program™ supports and accelerates development of early-stage companies with innovative technologies that are beneficial to the energy sector. Selection into the Catalyst Program marks a pivotal step for Solidec, which was founded in 2023 based on research conducted in Professor Haotian Wang's lab at Rice University's Chemical and Biomolecular Engineering Department.
"It is an honor and privilege to be part of CTV's Catalyst Program," said Ryan DuChanois, CEO and Co-Founder of Solidec. "We are pleased to have Chevron's support as we look to fulfill our mission of reversing decades of emissions while producing chemicals and fuels of the future."
Solidec is building a platform of electrolyzers with the ability to capture gaseous molecules (carbon dioxide or oxygen) and convert them into valuable products using renewable energy. Their novel electrolyzer design, which has been published in the journals Nature and Science, allows for simultaneous production of multiple high-purity products from one reactor with the potential to substantially reduce capital cost and energy consumption.
Solidec is developing an electrolyzer platform with the ability to capture gaseous molecules, such as carbon dioxide and oxygen, and convert them into crucial chemicals and fuels. For more information, please reach out to us at [email protected] or visit our website at www.solidec.com.
>> In Company Spotlight: Chevron
Chevron Technology Ventures identifies and invests in externally developed technologies and new business solutions with the potential to enhance the way Chevron produces and delivers affordable, reliable, and ever-cleaner energy. CTV has more than two decades of being the primary on-ramp for external innovation into Chevron. For more information: https://www.chevron.com/technology/technology-ventures
SOURCE Solidec
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside this Issue 🌍 HIF Global Signs Collaboration Agreement with Airbus for Sustainable Aviation Fuels 🔋 Exxonmobil Signs Carbon Capture Agreement With CF Industries in Mississippi 🚧 After Year...
I've been monitoring the climatetech and decarbonization startups this year, and here’s what I learned. International Energy Agency (IEA) expects global clean energy investment to hit $2 trillion ...
Inside this Issue 🌱 FuelPositive: Completes On-Farm Commissioning of the First Scalable Green Ammonia Production System and Announces New Manitoba-Based Partnerships 🌍 A New Era for Clean Energy: ...
Siemens Energy Wins Contract for Large-scale Hydrogen Project From German Utility EWE
[**Siemens Energy**](https://www.siemens-energy.com/) **has been awarded a contract to supply a 280-megawatt electrolysis system by German utility EWE. The plant in the German city of Emden is expe...
Shell to Build 100-megawatt Renewable Hydrogen Electrolyser in Germany
COLOGNE/WESSELING, GERMANY – [Shell Deutschland GmbH](https://www.shell.de) (**Shell**) has taken a Final Investment Decision (FID) to progress REFHYNE II, a 100-megawatt renewable proton-exchange ...
After Years of Controversy, Illinois State Pauses CO2 Pipeline Construction, for Now
**New safety requirements for carbon dioxide pipelines as well as a temporary ban on their construction are now in effect after Gov. JB Pritzker on Thursday signed a bill that passed the General As...
Exxonmobil Signs Carbon Capture Agreement With CF Industries in Mississippi
* We’ll remove up to 500,000 metric tons of CO2 annually from CF Industries’ site in Yazoo City. * It’s the latest sign of our leadership in CCS, a proven emissions solution. * ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.