🎉 Congratulations, Reverion! We at #BayFOR, as a #eencanhelp partner, are very proud to have successfully supported Reverion in acquiring this #InnovationFund grant! We wish them all the best for the realisation of this ambitious project!
🚀 Major Milestone for Reverion! We are proud to announce that Reverion will receive funding from the European Innovation Fund, implemented by the CINEA - European Climate, Infrastructure and Environment Executive Agency, with €19.5 million to scale up production. The project, titled RESILIENCE, is a key step in expanding our production facility in Eresing to meet the strong demand for our high-efficiency, flexible power plants powered by reversible Solid Oxide Cells. Our containerized plants achieve an electrical efficiency of up to 80%, far surpassing conventional systems, and can quickly switch between power generation and energy storage to meet grid demands. This flexibility, combined with the ability to capture and store CO₂ during power production from biogas, positions our technology as a game-changer for decarbonizing the energy sector. With this project, we aim to increase annual production capacity to meet high market demand and support the rollout of our groundbreaking technology across Europe. This expansion will also create new jobs and boost the local supply chain. The RESILIENCE project will gradually ramp up production of Reverion units, which will save millions of tons of CO₂ emissions by 2035, contributing to Europe's ambitious climate neutrality goals. With more than 20,000 operational biogas plants in Europe, we see tremendous potential for retrofitting with our technology, supporting Europe's target to reduce greenhouse gas emissions by 55% by 2030. The future of sustainable energy is here, and we are thrilled to embark on this exciting transition! 🌱 #Reverion #InnovFund #ClimatePositivePower