Associated tags: ION, CO2, Carbon, Primary energy, Lithium, KES, Shoemaking, CCUS, Transport, Process design, Science, Calpine, EPC, SK, SK Inc., Extractive metallurgy, Workforce, Energy, State, Climate change
Locations: COLORADO, AUSTRALIA, ASIA, CALIFORNIA
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Greens and Left Alliance Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., announced a lead investment in ION Clean Energy (ION), a Boulder-based technology company that provides post-combustion point-source capture technology through its third-generation ICE-31 liquid amine system.
Key Points:
- Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., announced a lead investment in ION Clean Energy (ION), a Boulder-based technology company that provides post-combustion point-source capture technology through its third-generation ICE-31 liquid amine system.
- The capital raised will continue to fund ION’s organizational growth and commercial deployment of its ICE-31 liquid amine carbon capture technology for hard-to-abate emissions.
- We believe collaborations like this are essential to our efforts to grow carbon capture on a global scale.”
“We have truly special solvent technology.
- “This capital allows us to accelerate the commercial deployment of our carbon capture technology.”
This investment in ION expands Chevron’s technology portfolio to include conventional amine-based capture technology while complementing an existing portfolio of CCUS technologies.
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EPC ION Clean Energy (ION) announces it has raised $45 million from Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., who is leading the round, and Carbon Direct Capital.
Key Points:
- ION Clean Energy (ION) announces it has raised $45 million from Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., who is leading the round, and Carbon Direct Capital.
- ION is a Boulder-based technology company that provides post-combustion point-source capture technology through its third-generation ICE-31 liquid amine system.
- The capital raised will continue to fund ION’s organizational growth and commercial deployment of its ICE-31 liquid amine carbon capture technology for hard-to-abate emissions.
- “This capital allows us to accelerate the commercial deployment of our carbon capture technology.”
CIBC Capital Markets served as the exclusive financial advisor to ION for the raise.
Retrieved on:
Tuesday, September 19, 2023
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Extractive metallurgy,
Energy BOULDER, Colo., Sept. 19, 2023 /PRNewswire/ -- ION Clean Energy and Technology Centre Mongstad (TCM) have come to terms on an agreement to bring ION's groundbreaking ICE-31 solvent technology to TCM for further validation of the technology's performance over parametric and steady-state testing that will demonstrate the ION solvent's remarkable stability and prove that there is no significant solvent degradation as the technology is scaled up.
Key Points:
- Boulder, Colorado-based ION Clean Energy returns to the world's largest and most advanced carbon capture test facility as it prepares for commercialization of transformational ICE-31 solvent with revolutionary stability.
- BOULDER, Colo., Sept. 19, 2023 /PRNewswire/ -- ION Clean Energy and Technology Centre Mongstad (TCM) have come to terms on an agreement to bring ION's groundbreaking ICE-31 solvent technology to TCM for further validation of the technology's performance over parametric and steady-state testing that will demonstrate the ION solvent's remarkable stability and prove that there is no significant solvent degradation as the technology is scaled up.
- Additionally, ION will gather valuable process data and increase its knowledge of how the technology performs in greater detail than previously possible.
- Both the US Department of Energy (DOE), Office of Fossil Energy and Carbon Management and The Norwegian Ministry for Petroleum and Energy make great contributions to mitigating climate change and are supportive of ION's technology.
Carbon,
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Calpine,
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Fine chemical,
Lithium BOULDER, Colo., June 20, 2023 /PRNewswire/ -- Late last year, ION and Koch Engineered Solutions LLC joined forces in a partnership to optimize plant design in a variety of industries, bringing together ION's world class carbon capture technologies with subject matter experts from KES companies including Koch-Glitsch - a world leader in mass transfer equipment, Optimized Process Designs – a top EPC firm and Koch Specialty Plant Services – a leader in onsite vessel fabrication and equipment installation. Together, the partnership brings together all the technology and capabilities needed to make CO2 capture a more energy-efficient and cost-effective option.
Key Points:
- Boulder, Colorado-based ION Clean Energy launches new website and logo on the heels of announcing 3 key strategic partnerships.
- Together, the partnership brings together all the technology and capabilities needed to make CO2 capture a more energy-efficient and cost-effective option.
- Colorado-based ION Clean Energy launches new website and logo on the heels of announcing 3 key strategic partnerships.
- Opportunities continue to come our way as word of our technology continues to spread via these important relationships," said Buz Brown, CEO of ION Clean Energy.
