Phoenix BioPower has been selected, as a 100 global solution at the 4th Mission Innovation Ministerial meeting in Vancouver, Canada. Phoenix BioPower was nominated was nominated by the Swedish Government. Each of the 100 solutions was selected for having a climate mitigation potential of more than 10 megatonnes CO2e or having strategic importance for 1.5 °C compatible strategies.
-We are naturally thrilled and very proud of the recognition from Mission Innovation and thankful for the nomination by the Swedish Government to the list of top 100 solutions. This is another testament to that we are on the right track in providing plannable renewable power for a global market that can make a significant difference for the climate, comments Henrik Båge, CEO.
The list of 100 solutions for the 4th Mission innovation can be found here: Mission Innovation
Mission Innovation (MI) was created by leading governments and launched in conjunction with Breakthrough Energy where many of the world’s most prominent billionaires join together. A new solution framework is now gathering the best of the best solutions for mitigating climate change, using accelerator nominations and winners in earlier competitions and initiatives. The aim is to bring investors and key users of innovative solutions (such as cities and large companies) together with policy makers to see how such solutions can not only grow, but grow exponentially.
In Feruary 2019, Phoenix BioPower was granted 2.95 MSEK in support from The Swedish Energy Agency. The grant is related to a project for business development, parnter recruitment and funding strategy.
The project will run 2018 through 2020 with the purpose of facilitating and accelerating the coompanys business development activities in parallel with its technology development.
The BTC technology under development at Phoenix BioPower is both capital and competence intense and for that reason partners for the technology development and industrialization is necessary. This project aims to adress this need in order fo facilitate the succesful developement and commercialization of the BTC technology globally. Total budget for the project is SEK 6.5 MSEK.
This week we signed the lease for the power plant at KTH Campus on Tuesday and on Thursday we started moving in and begun setting up our test rig!
We now have access to approx 280 m2 of floor area over 3 floors. A maximum ceiling height of 14 m and all the power and heat we can imagine! It also has a very tall chimney, more than 40m high!
Today marks a milestone in our company's history, our first employee!!
Chunguang Zhou, Chun for short, will be responsible for our gasification development and for beginning the build of our test lab at the power plant at KTH Campus.
We are happy to announce that Prof Oliver Paschereit at TU Belin has joined the company as co-founder. Oliver has been involved in the development of the BTC and TopCycle technologies for many years and we are thrilled that he has chosen to join in on this venture.
Oliver brings decades of gas turbine development experience and will be responsible for the combustion development for the process, working in close cooperation with TU Berlin and the Institute for Fluid Dynamics and Technical Acoustics. Oliver will share his time between Phoenix and TU Berlin as of September 2018.
We are happy to announce that Phoenix BioPower has received 9.6 MSEK in support from the Swedish Energy Agency for Phase 1 in the BTC development program.
This is a key milestone in our journey to high efficiency biopower, giving us a stable platform to develop the core technologies from over the next year. We will have the privilege to execute this work together with KTH, Swerea, TU Berlin and Akademiska Hus, combining their expertise with critical input from our Reference Group of Stockholms Exergi, Svenska Kraftnät, Tekniska Verken och Sveaskog.
Curious? Get in touch!
The Phoenix BioPower team
Phoenix BioPower has received 1.9 MSEK in funding from the Swedish Energy Agency, Energimyndigheten, for maintaining and developing the patent portfolio. Phoenix BioPower will also draft a comprehensive patent strategy together with its patent advisors at Prospero.
Phoenix BioPowers patent portfolio consists of 6 patent families, with 15 global applications, 9 approvals and 6 pending.
"We appreciate the strong support for the BTC technology shown by the Swedish Energy Agency" comments CTO Michael Bartlett.
For more information, contact the company.
Henrik Båge, Co-Founder, pitched at Ecosummit Stockholm 2017 on September 12.
Watch the pitch here: