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Joule named in Cleantech 100 for liquid fuel

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Hydrocarbon Engineering,

Joule, the pioneer of liquid fuels from recycled CO2, has announced it was named to the prestigious 2015 Global Cleantech 100 produced by Cleantech Group, whose mission is to connect corporate to sustainable innovation through its i3 Connect platform and global events.

The Global Cleantech 100 represents the most innovative and promising ideas in clean technology. Featuring companies that are best positioned to solve tomorrow’s clean technology challenges, the Global Cleantech 100 is a comprehensive list of private companies with the highest potential to make the most significant market impact.

Joule has developed groundbreaking pathways for large scale fuel production directly or indirectly from any CO2 stream. In 2015, Joule produced fuels from its groundbreaking Helioculture™ technology at ever increasing productivity levels at the end-to-end demonstration facility in Hobbs, New Mexico, and achieved record breaking productivity levels for both ethanol and diesel products in its lab facilities in Bedford, Massachussets.

Additionally, Joule acquired Red Rock Biofuels, in a deal that finalised in early 2016, to accelerate the commercialisation of ultra-low carbon fuels, adding a near term commercial capability to produce drop-in, renewable diesel and jet fuel.

“It is a great honour and validation of Joule’s ultra-low carbon fuel technologies to be recognised in the Global Cleantech 100 among other innovative clean technology companies,” said Brian Baynes, CEO of Joule. “As record-breaking global temperatures in 2015 show that the world urgently needs to increase its focus on mitigating climate change, the Joule team remains focused on commercialising low-carbon fuels to ensure security of sustainable fuel supply and to help decarbonise the transportation sector globally.”

The Global Cleantech 100 list is collated by combining proprietary Cleantech Group research data with weighted qualitative judgments of hundreds of nominations, and specific inputs from a global 100 person expert panel. To qualify for the list, companies must be independent, for profit, clean technology companies that are not listed on any major stock exchange.

Adapted from press release by Francesca Brindle

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