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Our member Greenlyte Carbon Technologies signed a strategic landmark agreement with MB Energy, one of Europe’s leading independent fuel traders. The agreement covers the purchase of e-methanol from Greenlyte’s LiquidSolar™ facility in Marl, Germany, and includes advanced offtake intentions for future projects.

The collaboration aims at deploying Greenlyte’s LiquidSolar™ technology at industrial and mobility hubs across Europe and beyond.

CEO and co-founder of Greenlyte, Florian Hildebrand, commented, “We are thrilled that MB Energy is supporting us as an early adopter, placing their trust in our technology. Together, we’re working to develop an energy supply model that reduces reliance on fossil fuels and that will be scaled globally to meet industrial demands.”

The announcement comes days after our member secured multi-million euro grant funding from the European Union and Ministerium für Wirtschaft, Industrie, Klimaschutz und Energie des Landes NRW for the LiquidSolar™ Methanol plant in Evonik’s chemical park in Marl.

Greenlyte is one of the leading European energy start-ups, reshaping the global energy landscape with its fully electric, patent-protected LiquidSolar™ system, which enables scalable, cost-competitive production of essential feedstocks for e-Methanol, e-Diesel, and Sustainable Aviation Fuel (eSAF). By 2050, our member aims to capture 100 million tonnes of CO₂ annually.

Read the full press release here.