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Reading: Hydryx Gains €2.5 Million to Utilize Landfill Methane in Europe
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COINTURK FINANCE > Business > Hydryx Gains €2.5 Million to Utilize Landfill Methane in Europe
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Hydryx Gains €2.5 Million to Utilize Landfill Methane in Europe

Overview

  • Hydryx secures €2.5 million funding for European methane capture.

  • Methane capture from landfills aims to produce green energy sustainably.

  • Hydryx plans European expansion of its methane-to-energy technology.

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Pioneering a solution in methane treatment, Hydryx, a Dutch startup, has captured attention with its recent funding. This Amsterdam-based company seeks to tackle methane emissions from landfills, which are significantly potent in climate impact. By transforming methane into renewable energy, Hydryx positions itself to mitigate emissions across Europe. The company’s unique approach not only addresses climate concerns but also presents an opportunity for energy production, setting the stage for a potentially impactful expansion.

Contents
What challenges does Hydryx address?How does Hydryx convert landfills to energy?

In 2024, Hydryx made headlines with its partnership with local initiatives in Amsterdam, focusing predominantly on methane capture from municipal waste sites. This previous endeavor highlighted its commitment to reducing emissions locally, laying the foundation for broader European aspirations. The recent funding marks a significant scale-up from its initial €350,000, reflecting an increased confidence in its technology and mission.

What challenges does Hydryx address?

Methane, a greenhouse gas more harmful than carbon dioxide, is a noteworthy contributor to global warming, yet often underutilized. Landfills are major sources of methane, overshadowing emissions from aviation and shipping. Despite its potential as a renewable resource, this gas often goes uncollected due to existing extraction system inefficiencies across Europe. Hydryx aims to change this perspective through their advanced capture systems.

How does Hydryx convert landfills to energy?

Formed by Anthonie Jacobson and Joren Tangelder, Hydryx innovates by capturing methane efficiently and converting it into green electricity. This transformation not only reduces landfill emissions but also supplies a new energy stream. The firm has partnered with companies such as Renewi for pilot projects, proving increased energy yields from enhanced gas capture.

Hydryx’s automated systems replace manual operations, preventing methane leaks and increasing gas capture efficiency. This innovation represents a viable business model: landfill operators can profit from selling captured methane as energy, negating the stereotype of sustainability as mere cost.

Highlighting the significance of the investment, Marcel Smits commented,

“Hydryx presents the most cost-effective climate solution I’ve encountered.”

Commenting on the use of funds, CEO Anthonie Jacobson added,

“This investment is pivotal in cutting down emissions across Europe when it’s most crucial.”

This financial boost will enable further research and development, optimizing Hydryx’s systems for wider deployment. Expansion across the European market will potentially secure Hydryx’s role as a leader in the renewable energy sector derived from landfill methane.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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