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Funding update: Registration opens for the $20M XPRIZE

In collaboration with NRG and Canada’s Oil Sands Innovation Alliance, the nonprofit XPRIZE has begun accepting applications from individuals and teams with projects that will help turn carbon from a liability into an asset.

In a series of rounds, teams will be whittled down as they attempt to use new technologies to convert CO2 from an actual coal-fired or natural gas plant into valuable products.

Instead of a silver bullet approach, XPRIZE believes in developing an ecosystem of technologies that will work together to mitigate and convert carbon. XPRIZE sees this competition as a chance to prove that carbon technologies can work, be economically viable and, in turn, stimulate further investment into similar innovations.

ABO would love to see algae-based solutions among the winners, so click here to learn more and then register here. Registration closes in April.

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