Khaled bin Mohamed bin Zayed chairs meeting of Executive Committee of ADNOC Board of Directors bignewsnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bignewsnetwork.com Daily Mail and Mail on Sunday newspapers.
ABU DHABI, 11th May, 2023 (WAM) ADNOC today launched a global competition to find innovations that will reshape the global energy landscape. The Decarbonisation Technology Challenge is being supported by Amazon Web Services (AWS), bp, Hub71, and the Net Zero Technology Centre.The competition was launched at UAE Climate Tech Forum in Abu Dhabi, where over 1,000 global policymakers, innovators, and industrial leaders met to drive technological solutions for decarbonisation.Ten finalists will be invited to pitch their innovations to a panel of judges in December.
Finnish technology firm Wartsila has invested a further €1mn ($1.2mn) in Finnish CO
2 direct air capture firm Soletair Power Oy, it said on March 2, following up on its €500,000 investment in 2019. This latest investment enables Soletair Power to further its global sales efforts and to scale up the manufacturing of its CO
2 capture solution for building ventilation, Wartsila said. The investment enhances Wartsila’s position at the forefront of decarbonisation technology, and the capture and utilisation development of CO
2.
Soletair has developed a solution for capturing CO
2 from buildings, which can be used in creating synthetic renewable fuel, and for various other purposes. The technology is the first in the world with building integration, Wartsila said.