Team CarbonCure
New York – Canadian company CarbonCure Technologies has been named one of 10 finalists in the global $20 million NRG COSIA Carbon XPRIZE for its technology that profitably converts carbon dioxide (CO2) into stronger and greener concrete.
CarbonCure’s XPRIZE team, led by its executive vice president Jennifer Wagner, is the only female-led team remaining in the competition. The team consists of leaders across the industry value chain, including cement and concrete producer Cementos Argos S.A., concrete producers Thomas Concrete and BURNCO Rock Products, industrial gas company Praxair, Inc., carbon capture innovator Sustainable Energy Solutions, engineering specialists Kline Consulting LLC, as well as many members of the design and construction community.
The Carbon XPRIZE challenges competitors to convert CO2 emissions into valuable products. CarbonCure has been named one of five finalists in the Wyoming Track, which will focus on demonstrating technologies at a coal power plant in Gillette, Wyoming.
The 10 finalists each receive $500,000 and will move on to the third and final round of the competition, where each will demonstrate its technology over a two-year period. Canada leads all nations with four teams in the final round. Three of the finalists hail from the United States, while the remaining teams represent India, China, and the United Kingdom. One grand prize winner from each track will be announced in March 2020 and will receive $7.5 million USD in prize money.
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“It’s an honor to be recognized as one of the finalists in the global Carbon XPRIZE,” says Robert Niven, CEO and founder of CarbonCure. “The XPRIZE competition challenges the world to reimagine CO2 as a valuable commodity and drives innovators to scale solutions faster to realize the potential $1 trillion market and 7 gigatonne CO2 reduction opportunity by 2030.”
