German startup secures $62M for ‘carbon negative’ biogas power plants

Quick Summary:

From nuclear fusion to escooters, he covers the length and breadth of Europe's clean tech ecosystem.

Reverion — spun-off from the Technical University of Munich in 2022 — will use the fresh funds to begin serial production of its power plants as it races to fulfill over $100mn in pre-orders.

By producing much more power from the same amount of waste, Reverion’s plants boost profits for the increasing numbers of farmers and industries that sell bioenergy to the grid.

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Article Details

Author / Journalist: Siôn Geschwindt

Category: Technology

Markets: NetherlandsGermanyJapanSouth Africa

Topics: Investors and funding Sustainability Startups and technology

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-13 @ 07:00:25 (1 days ago)

News Timezone: GMT +1:00

News Source URL: thenextweb.com

Language: English

Article Length: 711 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Next Web

News ID: 22491897

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About The Next Web

Main Topics: Technology

Official Website: thenextweb.com

Year Established: 2006

Headquarters: Netherlands

News Last Updated: 1 days ago

Coverage Areas: Netherlands

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Publication Timezone: GMT +1:00

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Publisher ID: #13

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