The U.S. Department of Energy (DOE) awarded $3.2 million to Solar MEAD, a joint project headed by CEMEX, Sandia National Laboratories and Synhelion. The project aims to replace the use of fossil fuels with concentrated solar thermal (CST) energy in clinker production.
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Through its Carbon Storage Assurance Facility Enterprise (CarbonSAFE) initiative, the U.S. Department of Energy awarded $8.9 million in funding to Heidelberg Materials North America to study the subsurface geology suitable for carbon dioxide storage at its Mitchell, Ind., cement plant.
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Sublime Systems, a developer of technology to produce decarbonized cement, closed a $40 million Series A funding round, led by Lowercarbon Capital with participation from existing and new investors.
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Chevron New Energies, a division of Chevron USA, is the lead investor in Svante’s Series E fundraising round, which raised $318 million to accelerate the manufacturing of the latter’s carbon capture technology.
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CEMEX and CEMEX Ventures, its corporate venture capital and open innovation unit, were among investors that participated in Synhelion’s latest financing round. The clean energy company raised CHF 22 million ($23.6 million).
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The U.S. Department of Energy awarded CEMEX USA and non-profit research institute RTI International a $3.7-million cooperative agreement to help fund a carbon capture study at CEMEX’s Balcones cement plant in New Braunfels, Texas.
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Climate tech company Carbon Re, which is building state-of-the-art AI to decarbonize energy-intensive industries, raised £4.2 million ($4.8 million) seed funding to scale up development and deployment of its novel technology.
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The Department of Energy (DOE) awarded Pasadena, Calif.-based Heliogen $4.1 million to demonstrate a concentrated solar-thermal power (CSP) process for heating limestone to 950°C, which could reduce the carbon emissions in portland cement production.
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Researchers at the University of Illinois Chicago (UIC) and their collaborators received two federal grant awards to support investigating new methods to reduce carbon dioxide emissions from cement manufacturing.
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Brimstone Energy, a startup aiming to commercialize carbon-negative cement, received $55 million in a Series A funding round, co-led by Bill Gates’ Breakthrough Energy Ventures and DCVC.
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