Shell GameChanger Accelerator powered by NREL (GCxN), an accelerator co-run by oil and gas supplier Shell and US Department of Energy’s National Renewable Energy Laboratory, has selected three participants.
US-headquartered Air Company, which is developing a technology that transforms carbon dioxide into alcohols, fragrances and other consumer products, joined Versogen, the hydroxide exchange membrane producer formerly known as W7Energy, in the scheme’s fourth batch.
Ionomr Innovations, a Canada-based company working on ion-exchange membranes and polymers for electrochemical products, filled out the cohort. Each of the three which will get up to $250,000 in non-dilutive financing and research support to develop clean technology for commercial use.
Haibin Xu, Shell’s GCxN programme manager, said: “GCxN’s fourth cohort will help prove that electrochemistry technologies can replace carbon-intensive legacy processes.
“As renewable energy costs continue to drop, cross-industry initiatives and partnerships will prove that it is possible to cost-effectively scale these technology applications and achieve real-world impact.”
