Swedish power-to-fuel company Liquid Wind has successfully raised over SEK 2.7m (€258,000) through crowdfunding to support the development of carbon neutral fuel facilities and accelerate the transition from fossil fuels.
The company produces liquid, carbon neutral fuel, eMethanol, from captured carbon dioxide and green hydrogen, and has already attracted the interest of multiple large logistics and transportation companies.
Companies such as Halfor Topsoe, Siemens, Nel Hydrogen and Carbon Clean Solutions have also teamed together to support the sustainable fuels project.
Claes Fredriksson, CEO and Founder of Liquid Wind commented, “The world needs much more sustainable fuel. Governments and corporations are making strong commitments to reduce carbon emissions, but we need access to viable alternatives to make that happen.”
... to continue reading you must be subscribed
