Key Takeaways:
- Exclusive Provider Agreement: Vow ASA has been selected as the exclusive provider for large-scale Carbon Refinery® projects set to commence in the Caribbean in 2024.
- Partnership with Circon Energy and ReCO2: The agreements are with Circon Energy LLC and its sister company ReCO2, LLC, focusing on advanced development projects.
- Deployment of Vow’s Equipment: The first project will utilize 19 lines of Vow’s technology to process feedstocks into low-carbon fuels and other products with zero direct emissions.
- Anticipated Purchase Order: A purchase order from ReCO2 is expected in the first quarter of 2024, following the completion of engineering and design works.
- CEO’s Perspective: Henrik Badin, CEO of Vow ASA, is impressed with Circon and ReCO2’s commitment to the circular economy and energy transition, highlighting the role of Vow’s CHE pyrolysis reactor in these projects.
Vow ASA Pioneering Sustainable Energy Solutions
A Milestone in Waste-to-Energy Conversion
Vow ASA’s collaboration with Circon Energy and ReCO2 marks a groundbreaking approach to sustainable energy production. This venture will transform organic components from various waste sources, including municipal solid wastes and agricultural byproducts, into valuable, environmentally friendly resources like biochar and low-carbon fuels.
Aligning with Global Sustainability Goals
The initiative aligns with global efforts to reduce carbon footprints and promote the circular economy. The Carbon Refinery® projects, driven by Vow’s technology, are poised to become a model for sustainable waste management and energy production, demonstrating a scalable solution for environmental challenges.
