Emissions Control, Strategic Development, Wartsila

Wärtsilä invests in power to X startup Soletair

Energy technology group Wärtsilä is to provide €500,000 ($565,000) in seed funding to Soletair Power, a Finland-based startup operating in the field of power-to-X.

Soletair Power has developed a concept to improve air quality in buildings by capturing carbon dioxide and converting it to synthetic renewable fuel.

“As an energy systems integrator, Wärtsilä understands, designs, optimises, builds and serves complex power systems enabling our customers to create sustainable energy for the future,” said Matti Rautkivi, Director for Strategy and Business Development in Wärtsilä’s Energy Business.

“To achieve this, we build strategic partnerships, innovate with startup companies, and actively recruit new talent to strengthen and support our expertise in new business areas. Our funding for Soletair Power Oy is a concrete example of this philosophy, and it takes us one step closer to a 100 per cent renewable world.”

While hydrogen can be produced from renewable energy sources, the Soletair Power concept captures the CO2 from the air and utilises synthesis to combine these into hydrocarbons suitable for synthetic renewable fuel.

Wärtsilä said that it sees “great value in the Soletair Power concept” and will provide global support in the development and commercialisation of the technology.
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Power to X technology will be a key focus at both POWERGEN Asia and POWERGEN Europe.