Cemex and Synhelion report prospective scaling of a high-temperature process to industrially-viable levels, where solar energy supplants fossil fuel combustion. This marks a significant milestone in the companies’ journey toward the world’s first fully solar-powered cement plant.
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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.
Read MoreCEMEX and CEMEX Ventures were also among investors that participated in Synhelion’s latest financing round. The clean energy company raised CHF 22 million ($23.6 million). The proceeds of the investment round will accelerate Synhelion’s growth and support the scaling and commercialization of its unique and validated technology. In addition to the important funding, the invaluable and extensive know-how and 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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In a significant step toward developing fully solar-driven cement plants, CEMEX and Synhelion have successfully produced the world’s first solar clinker.
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CEMEX and Switzerland-based Synhelion developed an innovative technology that undertakes the elimination of the carbon footprint in cement by using solar energy to drive the manufacturing process.
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