Advanced Ionics has been selected as 1 of 5 businesses to participate in Repsol’s Entrepreneurs Business Fund program.
The program received 420 proposals from 69 countries. With a focus on reducing emissions in industry and natural solutions for reducing carbon footprints. Technologies included, carbon capture, use and storage (CCUS), hydrogen and biofuels use and production, application of digitization, and artificial intelligence.
Projects will receive financial support, advice from Repsol experts and a team of professional mentors with extensive experience and knowledge of the energy sector and business management.
Businesses will have the opportunity to validate their technology in a real environment. Through pilot tests in Repsol’s facilities and industrial plants. Or to carry out proofs of concept in the Repsol Technology Lab, the company’s technology and research center.
Fundacion Repsol has been supporting entrepreneurship with a focus on new technologies in the energy field for 11 years and is a recognized and effective initiative to promote the development of the most innovative solutions, thus helping to accelerate the energy transition.
Read more about the announcement in this article.