Aymium Secures $210 Million for World’s First Continuous Biocarbon Facility in California

Environment + Energy Leader
June 24, 2024
Category: Carbon, Climate & Bioenergy
Region: United States, US West

Aymium, an innovator in renewable biocarbon solutions, has successfully secured $210 million in financing to build a new biocarbon production facility in Williams, California. Upon completion in 2025, the facility will be the world’s first large-scale, continuous operation dedicated to replacing coal with advanced biocarbon for power generation. The switch from coal to Aymium’s biocarbon is expected to cut greenhouse gas emissions by over 500,000 metric tons annually, which equates to removing more than 120,000 cars from the road each year. …In 2022, Aymium and Steel Dynamics formed SDI Biocarbon Solutions to develop a biocarbon production facility in Mississippi, which is set to become operational later this year. This initiative is poised to reduce Steel Dynamics’ Scope 1 emissions by up to 25% by replacing fossil fuels with renewable biocarbon in their steelmaking process. …Aymium’s biocarbon product is produced through an innovative non-combustion process, and is the only commercially demonstrated carbon-negative alternative to coal in power generation

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