A Californian company called Heliogen is launching a new venture that could help replace fossil fuels.
With Bill Gates as one of the backers Heliogen is launching a new venture that could help replace fossil fuels. The company is launching a new venture with a new system that aims to turn sunlight into a source of heat exceeding 1,000C.
Heliogen is the first company to invent a system to concentrate sunlight to reach temperatures that are high enough to power heavy industry without carbon emissions.
If they could reach temperatures of 1,500C to split hydrogen particles from water it will create a fossil-free gas to heat and to power homes and businesses and provide fuel for cars.
Bill Gross, the chief executive and founder of Heliogen said the company represents a technological leap forward in tackling the emissions from industry and transport that make up 75% of the world’s carbon footprint.
The system uses software to align a large array of mirrors to reflect sunlight to a target, creating a source of heat almost three times as intense as previous commercial solar systems.
Who’d thought that cement is the third largest source of emissions after coal and oil. Industrial processes like those used to make cement, steel and other materials are responsible for more than a fifth of all emissions.
With the increasing developments in the world the production of cement will continue to boom.
If allowed to grow without limits it will impact significantly on the Paris agreement targets, which aims to limit rising temperatures to 1.5C above pre-industrial limits.
The new technology can generate the high temperatures needed to manufacture cement without producing greenhouse gases.
Along with Bill Gates, other early investors are the venture capital company Neotribe and Nant Capital owned by Patrick Soon-Shiong.
Bill Gates said he was pleased to be an initial backed of a “promising development in the quest to one day replace fossil fuel”.
For more information on Heliogen