Carbon dioxide removal from the atmosphere has long been a costly endeavour. However, Greenlyte, a pioneering start-up based in Essen, Germany, is on a mission to change that narrative. With a recent influx of ten million euros in investment, the company is poised to significantly reduce the cost of CO2 capture, making it an economically viable solution for combating climate change.
Greenlyte Carbon Technologies specialises in Direct Air Capture (DAC) technologies, which involve extracting CO2 directly from the air. These technologies are deemed essential by climate scientists to mitigate global warming effectively. Unlike traditional methods that rely on costly infrastructure and energy-intensive processes, Greenlyte’s approach offers a more affordable and sustainable alternative.
Florian Hildebrand, the founder of Greenlyte, envisions a future where CO2 removal costs as little as 80 euros per ton by 2050. This ambitious goal is supported by the company’s innovative elektrochemische Verfahren (electrochemical process), which operates similarly to a Sodastream. Air is brought into contact with a liquid solution, extracting CO2 molecules, which can then be separated and utilized for various applications, including the production of green hydrogen.
Greenlyte’s commitment to technological innovation and efficiency sets them apart in the rapidly growing carbon capture market. By leveraging their unique DAC process, the company aims to scale up operations, with plans to filter one billion tons of CO2 annually by 2050. This scale of CO2 removal has the potential to make a significant impact on global carbon emissions and contribute to a more sustainable future.
The company’s founding team, comprised of experienced entrepreneurs and leading researchers in the field, brings a wealth of expertise to the table. With their headquarters strategically located in Essen, surrounded by key players in the chemical and energy sectors, Greenlyte is well-positioned to drive innovation and collaboration in the fight against climate change.
Source
So soll das Filtern von CO2 bezahlbar werden [This should make filtering CO2 affordable], Handelsblatt, 2024-03-07
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