Pennsaco Technologies, LLC (a US-based green hydrogen and advanced carbon capture and recycling technology company) has agreed with Net Zero Carbon Solutions, LLC (a US-based net-zero carbon technology solutions provider to the oil and gas industry) to deploy Pennsaco’s technology in Latin America.
Under the terms of the MoU, Net Zero Carbon Solutions will lead business development, and Pennsaco Technologies will provide carbon-negative technology solutions to Net Zero Carbon Solutions clients. The partners will deploy, develop, build and maintain commercial-scale waste to green hydrogen, renewable electricity, and biochar facilities in Latin America.
Robert Kelly, CEO of Pennsaco Technologies, said, “This partnership will provide state of the art waste-to-renewable energy plants and decarbonisation solutions to the oil and gas industry and beyond.”
Walter Arias, Net Zero Carbon Solutions Director, said, “Pennsaco’s unique technology has proven to be a key factor for achieving Net Zero Carbon Solutions’ goals of effectively mitigating climate change and the greenhouse gas crisis..”
Pennsaco Technologies deploys patented advanced carbon recycling and thermal conversion technology to produce the lowest cost carbon-negative green hydrogen, renewable electricity, and high-value carbon sequestration and offset products from waste. The technology is optimised to produce clean, green, high purity streams of hydrogen from biomass, plastic, and municipal solid waste.