UK climate tech business Levidian Nanosystems has secured its first long-term customer agreement with Abu Dhabi-based Zero Carbon Ventures, Kallanish reports.
The estimated £700 million ($866.3m) deal will see Zero Carbon Ventures deploying 500 LOOP50 systems in the UAE over the next five years. The patented LOOP technology developed in Cambridge cracks methane into green hydrogen and graphene using plasma technology.
The by-products of the device can eith…
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