Interim report Q3 2022: C-Green’s pipeline continues to grow
C-Green’s pipeline continues to grow, now with more than 80 leads, 30 of which are under memorandums of understanding, including several in the Middle East and North America. We continue to strengthen our presence in the United States through participation in trade fairs and numerous meetings with potential investors and customers.
Our access to the North American market was further enhanced by winning the 2022 Innovate Nordics Green Award from Ernst & Young and the Swedish American Chamber of Commerce in New York.
The recent market trend in increased investment in biogas production by actors like BP and Shell could prove very positive for C-Green. The biogas value chain is a perfect match for us. Our biorefinery converts biogas digestate into hydrochar and HTC water, which when returned to the biogas plant increases its methane production. The hydrochar and the excess heat from our biorefinery can contribute to powering the biogas plant. The new cooperation with Estonian Cell, Estonia’s largest biogas plant and part of the Heinzel group, will demonstrate the ways our technology has a synergistic effect on biogas production.