financetom
Business
financetom
/
Business
/
Bloom Energy and Chart Industries enter carbon capture partnership
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Bloom Energy and Chart Industries enter carbon capture partnership
Feb 13, 2025 8:32 AM

Feb 13 (Reuters) - Fuel-cell maker Bloom Energy ( BE )

and equipment manufacturer Chart Industries ( GTLS ) said on

Thursday they have entered into a carbon capture partnership to

generate near zero-carbon power using natural gas and fuel

cells.

The companies said they plan on providing easily

deployable power solutions that meet emission targets for

customers such as data centers and manufacturers.

As part of the deal, Chart Industries ( GTLS ) will use its

carbon capture technology to process the high-purity carbon

dioxide that is a byproduct of Bloom Energy's ( BE ) processes.

The cost-effective process, a crucial strategy in

reducing greenhouse gases, captures high-purity CO2, and

repurposes it for industrial applications or to be securely

stored.

Bloom Energy ( BE ) said its fuel cell technology produces CO2

rich stream with a higher concentration of the gas, which

simplifies and reduces the cost of the capture process.

CO2 utilization offers a short-term mitigation to

climate change, especially in areas where carbon storage

infrastructure is not available.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Copyright 2023-2026 - www.financetom.com All Rights Reserved