Monday, October 7, 2024

MIT’s 15 Climate Tech Companies to Watch 2024

MIT Technology Review has issued a list of 15 Climate Tech Companies to Watch.


No matter what your industry, you will find at least one company of interest to you on this list.

View the list at https://www.technologyreview.com/2024/10/03/1104910/15-climate-tech-companies/. If you subscribe to the Technology Review, you will be able to see MIT’s description of the company and their assessment of why it is a company to watch.

TIP: Subscribe to MIT Technology Review (https://www.technologyreview.com/). You will benefit from its in depth analyses of innovative technologies.  You also will have full access to their annual lists of innovators and innovations to watch.

For your convenience, I have listed the 15 companies named on the list, along with a paragraph about each company.

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LanzaJet
Aviation Fuels
https://www.lanzajet.com/
LanzaJet was formed through the contributions of our investors LanzaTech, Suncor, Mitsui, along with support from All Nippon Airways and the US Department of Energy (DOE). We continue to accelerate our growth through new partnerships and have since welcomed additional investment and support from British Airways, Shell, Microsoft, Breakthrough Energy, Southwest Airlines, Groupe ADP, and MUFG.

Pano AI
Wildfire Detection
https://www.pano.ai/
Pano Rapid Detect is a connected, intelligent platform for fire professionals that helps them to detect threats, confirm fires, and disseminate information to responders, faster than ever before.Pano Rapid Detect speeds response time by empowering detection specialists with enhanced visual equipment and rapid data analysis, supported by AI. Specialists have a single, unified view combining ultra-high-definition cameras, geo satellite data, field sensors, legacy cameras, emergency alerts, and other data feeds — as well as the ability to share everything in real-time with their extended team. Altogether, this makes it possible to quickly identify and contain devastating wildfires, protecting lives, property, and our forests.

Solugen
Chemicals
https://solugen.com/
Verza360® is a series of multifunctional, organic acid-based chelating agents that optimize performance, lower total cost of operation, and boost your bottom line. Seamlessly integrating into existing formulations, Verza360 is a proven solution to tackle longstanding challenges in oil and gas systems.

Ceibo
Mining
https://www.ceibo.tech/
Ceibo’s technologies aim for cleaner operations and help recover copper with existing mine site infrastructure. Our innovations are designed for easy integration into operations to support increased production while reducing water use and environmental impacts.

Rondo Energy
Energy Storage
https://rondo.com/
From calcining to cogeneration, from food processing to fuel production, Rondo’s Heat Battery is compatible with 90 percent of industrial processes and power needs. Our modular units are designed to serve the unique capacity and temperature requirements of each facility, and the output is configurable to customers’ specifications. (Aramco is a corporate investor)

Rumin8
Food & Agriculture
https://rumin8.com/
Scientists have discovered a solution for enteric methane in rangeland plants and red seaweed, with trials revealing reductions of emissions from cattle. With the cost, complexity and environmental impact involved in ocean-based seaweed cultivation, Rumin8 saw an opportunity to reproduce the target compound from the plant rather than mass producing the plant itself.

BYD
Electric Vehicles
https://www.byd.com/us
Founded in 1995, BYD is a leading technology company devoted to leveraging innovations for a better life. With more than 27 years of expertise, BYD has established itself as an industry leader in electronics, automotives, renewable energy, and rail transit. As a global leader with more than 30 industrial parks across 6 continents, BYD's zero-emission solutions, focused on energy generation and storage, are expansive and widely applicable

First Solar
Renewable Energy
https://www.firstsolar.com/
First Solar, Inc. is a publicly traded American manufacturer of solar panels, and provider of utility-scale PV power plants, supporting services that include finance, construction, maintenance and end-of-life panel recycling.

Electric Hydrogen
Hydrogen
https://eh2.com/
Green hydrogen has historically been inhibited by the high cost of electrolyzers. Hydrogen is the most abundant element in the universe. When produced using electrolyzers, devices that split water with renewable electricity, hydrogen is a no emissions replacement for fossil fuels. Electric Hydrogen was founded to make green hydrogen cost-competitive. We took a fresh approach to the design and scale of electrolyzers. We build a “stack” of electrolysis “cells” that produces hydrogen at a transformational low cost versus today’s available technology.

Pivot Bio
Food & Agriculture
https://www.pivotbio.com/
Perhaps no pursuit is more noble than that of a farmer. Producing the food, fuel and products we depend on is all in a day’s work for farm families worldwide. Pivot Bio is dedicated to supporting farmers with products that optimize crop production through specifically timed and placed nitrogen delivery. Together, we are working toward a future that is more efficient, profitable, predictable, safe and sustainable for farmers and the planet.

Kairos Power
Nuclear Fission
https://kairospower.com/
The Kairos Power FHR (KP-FHR) is a novel advanced reactor technology that leverages TRISO fuel in pebble form combined with a low-pressure fluoride salt coolant. The technology uses an efficient and flexible steam cycle to convert heat from fission into electricity and to complement renewable energy sources.

Form Energy
Energy Storage
https://formenergy.com/
To run the grid reliably and affordably, we need new cost-effective technologies capable of storing electricity for multiple days. In pursuit of this, we have reinvented and optimized the iron-air battery for the electric grid. The active components of our iron-air battery system are some of the safest, cheapest, and most abundant materials on the planet — low-cost iron, water, and air. Iron-air batteries are the best solution to balance the multi-day variability of renewable energy due to their extremely low cost, safety, durability, and global scalability. Our first commercial product using our iron-air technology is optimized to store electricity for 100 hours at system costs competitive with legacy power plants. This product is our first step to building a more reliable, resilient and secure electric grid: making low-cost clean energy available when and where it’s needed, even during multiple days of extreme weather, grid outages, or periods of low generation.

Gogoro
Electric Vehicles
https://www.gogoro.com/
Gogoro Inc. is a Taiwanese company that developed a battery-swapping refueling platform for urban electric two-wheel scooters, mopeds and motorcycles. It also develops its own line of electric scooters and offers its own vehicle innovations to vehicle maker partners like Hero, Yamaha, Aeon Motor, PGO, eReady, and eMOVING. Gogoro also operates GoShare, a rideshare service, in Taiwan and Ishigaki Island in Japan. Gogoro Smartscooter, the first consumer product from Gogoro, was revealed at the Consumer Electronics Show (CES) in Las Vegas in January 2015. Along with the scooter, Gogoro announced a battery-swapping network under the name Gogoro Energy Network.

Sublime Systems
Cement
https://sublime-systems.com/
Today’s portland cement is made by cooking limestone, sand, and clay in massive fossil-fueled 1450°C kilns. This results in a tremendous amount of CO₂: on average 0.9 tonnes per tonne of OPC in the USA. About half of this CO₂ is released from limestone, which is ~50% by weight CO₂, as it decomposes in the kiln to form reactive lime. The other half of the CO₂ emissions is from the fossil fuel (often bituminous coal) needed to reach 1450°C, the temperature required to form the crystal structure characteristic of OPC. This temperature is currently impossible to electrify efficiently. We skip both emissions sources, instead using the elegance of electrochemistry to extract reactive calcium (Sublime Lime™) and silicates from abundant raw materials that are then blended into a final Sublime Cement™. Our cement’s crystal structure is different than the OPC produced in a fiery kiln, but its performance and hardened phase in concrete are the same.

Sun King
Renewable Energy
https://sunking.com/
We design, distribute, install, and finance solar energy solutions for those who cannot access or afford traditional electrical grid connections. The energy needs of consumers in Africa and Asia are diverse. From cost-effective and durable lamps to powerful home and business energy systems as well as modern entertainment and energy storage systems, Sun King's broad array of products unlock a higher quality of life.

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Jean Steinhardt served as Librarian, Aramco Americas (https://americas.aramco.com/ ), Engineering Division, for 13 years. He now heads Jean Steinhardt Consulting LLC, producing the same high quality research that he performed for Aramco.

Follow Jean’s blog at: http://desulf.blogspot.com/ for continuing tips on effective online research
Email Jean at jstoneheart@gmail.com with questions on research, training, or anything else

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