Yuanchu becomes the only China region's Top 20 winner of the XPRIZE CARBON REMOVAL grandIssuing time:2024-05-14 13:36 On May 8th, 2024 (local time in the United States), the XPRIZE Carbon Removal competition officially announced the listof the top 20 finalists. Yuanchu Technology stood out from 1325 outstanding companies and research teams worldwide, becoming theonly Chinese technology team to enter the finals, earning the chance to competefor the grand prize. This four-year global competition is aimedat tackling the biggest threat facing humanity – fighting climate change andrebalancing Earth’s carbon cycle. It offers a $100 million prize funded by theMusk Foundation to innovators who can create and demonstrate solutions thatdirectly remove carbon dioxide from the atmosphere or ocean, and then sequesterit durably and sustainably. The competition supports the removal ofatmospheric and oceanic carbon dioxide on a continuous and scalable basisthrough four pathways: Rock, Air, Land, and Ocean. Top 20 Finalists: ii ----Air, Direct Air Capture(DAC) 1.Airhive ----- UK 2.Heirloom----US 3.Octavia Carbon---Kenya 4.Project Hajar (44.01 & Air Capture)---Oman and US 5.Skyrenu----Canada ----Rocks 6.Arca-----Canada 7.Lithos----US 8.Mati------US 9.Silicate---Ireland 10.UNDO----UK 11.Yuanchu---China ----Land 12.Climate Robotics--US 13.Mash Makes-------Denmark 14.Net Zero-----------France 15.Takachar-----------India 16.Vaulted Deep------US ----Ocean 17.Captura---US 18.Ebb--------US 19.Kelp Blue--Netherlands 20.Planetary--Canada XPRIZE Carbon Removal is funded by the MuskFoundation. Learn more and get involved at xprize.org/carbonremoval. About XPRIZE XPRIZE is an established global leader indesigning, launching, and executing large-scale competitions to solvehumanity's greatest challenges. Our unique model democratizes innovation byincentivizing crowd-sourced, scientifically viable solutions to create a moreequitable and abundant future for all. Donate, learn more, or join a team at xprize.org. About the Musk Foundation The Musk Foundation creates grants made insupport of: renewable energy research and advocacy; human space explorationresearch and advocacy; pediatric research; science and engineering education;and development of safe artificial intelligence to benefit humanity. |