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Baker Hughes Invests in Bio-methanation Tech. Electrochaea (M&A)
Baker Hughes , Electrochaea
Date: 2021-06-30
Houston-headquartered energy technology firm Baker Hughe is reporting an investment in Muncih-based Electrochaea, a growth stage bio-methanation technology company. Baker Hughes will take a roughly 15 pct stake in the company and enhance its broader carbon capture and utilization (CCU) portfolio and provide an integrated solution for customers across the CO2 value chain to enable the production of low carbon synthetic natural gas (SNG) from captured CO 2 and green hydrogen, helping meet demand for cleaner fuels.

Electrochaea's patented bio-methanation process is an accessible, highly-efficient, scalable and complementary technology to the Baker Hughes CCU portfolio. The two companies will join efforts to accelerate the scale up and industrialization of the technology, and they will develop the commercialization of an innovative integrated CCU solution to transform CO 2 emissions into clean SNG.

Electrochaea is planning to deploy its technology with partners to produce more than 15 billion cubic feet per year of renewable SNG by 2025. Industrial-scale pilot plants have operated in the U.S., Switzerland and Denmark, according to the company. (Source: BakerHughes, PR, 28 June, 2021) Contact: Baker Hughes, Jud Bailey, Inv. Rel., 281-809-9088, www.bakerhughes.com; Electrochaea, Mich Hein, CEO, www.electrochaea.com

More Low-Carbon Energy News Baker Hughes ,  Electrochaea,  synthetic natural gas,  Green hydrogen ,  


Methane Tech. Specialist Opens N.Amer. Subsidiary (Ind. Report)
Electrochaea
Date: 2020-10-21
Munich, Germany-headquartered renewable methane technology provider Electrochaea GmbH reports the opening of its U.S. subsidiary, Electrochaea Corporation, in Sacramento to develop commercial opportunities and partnerships in the United States, Canada and Mexico.

Electrochaea offers a climate-friendly solution to store wind and solar generated electricity and recycle CO2 in the form of renewable methane -- a substitute for fossil fuels and major advancement in transitioning to a clean energy economy.

Over the past six years, Electrochaea developed renewable methane from the lab to industrial-scale pilot plants in Denmark and Switzerland, feeding the national gas grids. In 2019 the company opened a third pilot plant at the U.S. DOE National Renewable Energy Laboratory (NREL) in Golden, Colorado, with support from SoCalGas. The company also has renewable methane projects under development in the U.S. (Source: Electrochaea Corporation , PR, Oct., 2020) Contact: Electrochaea Corporation, Mich Hein, CEO, Beth Bray US Communications Director, (773) 241-4948, beth.bray@electrochaea.com, www.electrochaea.com

More Low-Carbon Energy News Electrochaea,  Methane,  

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