Our Finalists

These are the selected finalists of the New Energy Challenge 2025.

Finalists 2025

  • AirMyne

    United States

    Finalist — AirMyne is developing a scalable DAC technology designed for efficient CO₂ capture and regeneration. The system uses an aqueous alkaline solution to capture atmospheric CO₂. Low-grade steam is used to release pure CO₂ for storage or utilization, while regenerating the capture solution. The process uses widely available components, reducing cost and supply chain risk.

  • Ammobia

    United States

    Finalist — Ammobia is developing Haber Bosch 2.0 - an innovative, low cost and flexible process for producing clean ammonia from green hydrogen and air. By harnessing the latest advances in materials science and catalysis, Ammobia’s technology enables the production of clean ammonia at low cost.

  • Ceramic Cells

    China

    Finalist — Ceramic Cells is developing a cutting-edge technology SOEC-CH4 for on-site low-cost production of clean hydrogen using electricity, steam, and bio-methane fuels. The SOEC-CH4 technology will enable the production of affordable green hydrogen at very low costs. With continuous improvement of the stack structure and BOP system, Ceramic Cells aims to reduce electricity consumption and operating temperature, to reduce the operating cost of SAF production.

  • Hadean Energy

    Australia

    Finalist — Hadean Energy is commercialising a breakthrough tubular Solid Oxide Electrolyser that produces green hydrogen and syngas for e-fuels using 30% less electricity than conventional alkaline and PEM electrolysers. It also delivers lower upfront and operating costs compared to other high-temperature electrolysers.

  • Hymonic

    The Netherlands

    Finalist — Hymonic is developing modular, turnkey technology for producing high-purity hydrogen through ammonia cracking. At the core of the technology is a proprietary, cost-effective reactor and a nickel-based catalyst that operates efficiently at 650°C – offering a lower-cost alternative to conventional ruthenium catalysts.

  • KC8 Capture Technologies

    Australia

    Finalist — KC8 Capture Technologies is commercialising a carbon capture platform based on potassium carbonate, known as UNO MK3™. The system uses a safe, non-toxic solvent capable of capturing up to 95% of CO₂, with lower capital and lower operating costs compared to traditional amine-based technologies.

  • Lydian

    United States

    Finalist — Lydian is developing technology that converts captured CO₂, water, and renewable electricity into a sustainable, drop-in alternative for conventional jet fuel. The process aims to reduce lifecycle greenhouse gas emissions by up to 95% compared to fossil-based alternatives.

  • Spiritus

    United States

    Finalist — Spiritus has developed a high-performance solid amine sorbent made from mass-produced precursors, eliminating the need for inert supports. Its advanced polymer structure delivers high CO₂ capacity and rapid uptake under direct air capture (DAC) conditions. The sorbent passively captures CO₂ and requires only low-temperature steam or hot water for desorption. Designed for durability and scalability, it offers an energy-efficient solution for large-scale carbon removal.

  • SunGreenH2

    Singapore

    Finalist — SunGreenH2 is developing next-generation anion exchange membrane (AEM) electrolysers featuring PGM-free electrodes, which help reduce capital costs and lower energy consumption by up to 20%. These modular systems are designed to integrate with renewable energy sources and can scale from off-grid to industrial applications. This technology supports the production of affordable green hydrogen for use in energy storage, decarbonisation, and mobility.

  • Swan-H

    France

    Finalist — Swan-H is developing an innovative electrolytic process for ammonia production that operates at room temperature and atmospheric pressure. Using a patented boron-mediated technology, the system enables efficient ammonia production even when powered by intermittent renewable energy sources such as solar or wind.

  • Yuanchu Technology

    China

    Finalist — Yuanchu is advancing carbon capture and utilisation through an accelerated natural mineralisation process, engineered for industrial scalability. Their technology leverages chemical engineering to convert CO₂ into carbon-negative calcium carbonate using industrial byproducts such as carbide and steel slag or calcium- and magnesium-rich ores. The Direct Air Mineralization (DAM) process captures CO₂ directly from ambient air in a single step – without prior concentration. The resulting calcium carbonate can be used in construction materials, while also generating carbon credits and contributing to reduced Scope 3 emissions and improved ESG performance.

  • WASE

    United Kingdom

    Finalist — WASE provides turnkey waste-to-energy solutions that convert organic waste into clean water and carbon-neutral biogas (RNG) directly onsite, helping waste producers reduce costs and generate revenue, typically achieving ROI within 3-5 years. Its patented Electro-Methanogenesis technology enhances anaerobic digestion – accelerating the process up to 10 times, increasing methane yield by 30%, and removing 30% more organics, all while reducing system footprint by up to 70%. Modular, factory-built reactors allow for rapid deployment.

Other shortlisted participants 2025

  • Arculus Solutions

    United States

    Participant — Arculus provides an internal aluminium/aluminium oxide coating for oil and gas pipelines, applied using the SputterPig™ robotic system. This coating reduces friction, which can improve flow efficiency and lower operational costs. It also extends pipeline service life. The coating enables the safe transport of CO₂ and hydrogen by blocking hydrogen permeation and enabling self-healing of microcracks. These properties help mitigate hydrogen embrittlement and support the adaptation of existing pipeline infrastructure for decarbonisation efforts.

  • CYTOK

    Germany

    Participant — CYTOK develops catalytic methanation reactors based on the Sabatier process, scalable up to the megawatt range. The company also develops emission-free combustion systems for the renewable methane it produces. These decentralised energy solutions operate entirely on self-generated power, utilising surplus energy to produce hydrogen, which is subsequently converted into methane through power-to-gas technology.

  • DeCarbon Tech

    China

    Participant — DeCarbon Technology is developing a Direct Air Capture (DAC) system designed to combine high CO₂ capture efficiency with low energy consumption. The system uses solid amine adsorbents in porous structures to capture CO₂ from air. Sorbent regeneration is powered by low-grade waste heat – operating below 100°C – significantly reducing energy demands. Once captured, the CO₂ is permanently sequestered through mineralisation, reacting with industrial waste to form stable carbonates.

  • Ecolectro

    United States

    Participant — Ecolectro has developed affordable, scalable Anion Exchange Membrane (AEM) electrolysers that reduce the need for scarce metals and toxic chemicals. By operating efficiently in alkaline conditions, the technology replaces costly, scarce materials like iridium, titanium, and PFAS with stainless steel and non-precious metal catalysts.

  • Electrochaea

    Germany

    Participant — Electrochaea has developed a bio-methanation technology that uses a proprietary biocatalyst to convert CO₂ and H₂ into renewable methane in a highly productive and flexible manner. This patented process operates within a bioreactor, enabling high-efficiency e-methane production at 65°C and 10 bar pressure.

  • HGenium

    United States

    Participant — HGenium scales and commercialises novel thermochemical water splitting technologies with integrated direct air capture (DAC) to produce green hydrogen and capture CO₂. The approach aims to offer a scalable and cost-effective pathway for combined hydrogen production and carbon removal.

  • Hydrogen Innovation

    Singapore

    Participant — Hydrogen Innovation is developing Anion Exchange Membrane (AEM) electrolysers for low-cost, decentralised green hydrogen production. The electrolysers use nickel-based, non-precious metal catalysts and proprietary membranes, eliminating reliance on iridium and platinum. A custom stack design helps to improve efficiency and reduce costs.

  • Meloon

    Germany

    Participant — Meloon is developing a graphene oxide membrane for post-combustion CO₂ capture directly from industrial flue gas. The membrane operates mechanically – without solvents or degradation – and functions as a molecular sieve with CO₂-selective pores. Its ultra-thin, durable structure enables high flux separation at low pressure, maintaining performance under harsh conditions while reducing energy consumption compared to traditional solvent- or polymer-based systems.

  • Naco Technologies

    Latvia

    Participant — Naco Technologies has developed a proprietary High-Speed Magnetron Sputtering (HMS) technology, enabling the production of advanced nano-coatings tailored to the demands of green hydrogen production and other low-carbon energy systems.

  • NitroFix

    Israel

    Participant — NitroFix is developing proprietary electrolyser cell structures, with an strong focus on catalysts and cell components. By facilitating the reaction of water and air within the electrolyser, the system produces green ammonia at low voltage, ensuring low power consumption. This technology integrates advancements in electrolyser design, engineering, and materials science

  • Nium

    United Kingdom

    Participant — Nium has developed a nano-catalyst designed to reduce the energy requirements and emissions associated with ammonia production, compared to traditional fossil-fuel-based methods. The system uses renewable hydrogen to decentralise production, lowering costs and reducing supply chain risks. This approach could make ammonia more accessible to a wider range of industries aiming to reduce their environmental impact.

  • Oxylus Energy

    United States

    Participant — Oxylus Energy’s "zero-gap" electrolyser directs captured CO₂ over a proprietary catalyst while purified water flows through the anode. Under applied voltage, CO₂ and protons combine across a specialised membrane to produce e-methanol. The modular design allows the electrolyser cells to be stacked to various scales and integrated into existing fuel supply chains.

  • SeaO2

    The Netherlands

    Participant — SeaO2 is developing a cost-efficient electrochemical Direct Ocean Capture solution that leverages the ocean’s natural capacity to remove atmospheric CO₂. Designed for scalability, the system aims to enable carbon removal at the gigaton scale.

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