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NEWS & INSIGHTS | article

Finalists for the Decarbonization Technology Challenge announced

05 October 2023 2 minute read
  • Companies delivering carbon capture, AI, hydrogen, renewables, emissions reduction, and nature-based solutions shortlisted from 650 global applicants
  • 10 challengers to attend December final in the UAE to identify winner of a $1m opportunity with ADNOC
  • The Decarbonization Technology Challenge, launched at UAE Climate Tech forum, is led by ADNOC in collaboration with AWS, bp, Hub71 and Net Zero Technology Centre

ADNOC has today announced the 10 finalists for its global Decarbonization Technology Challenge, launched at the UAE Climate Tech forum in May, to find innovators and pioneering climate technology companies that will reshape the global energy landscape. The companies have been selected from 650 entries from across 50 countries. 

The shortlisted companies specialize in a range of innovations spanning carbon capture, AI, hydrogen, renewables, batteries and nature-based solutions. The finalists are: 

• CCU International, a British company developing a pressure-swing adsorption based carbon capture and utilization technology for industrial facilities
• CO2CirculAir, a Dutch company pioneering the capture of CO2 from the air using natural wind 
• EmiratiCO2 Group, a UAE company specializing in direct air capture coupled with desalination plants for CO2 mineralization 
• Active Surfaces, a United States company producing ultra-light weight flexible solar films for the built environment 
• Desolenator, a Dutch company pioneering a circular solar thermal water desalination system  
• Basetwo AI, a Canadian company using cognitive AI to reduce emissions from downstream oil and gas operations 
• Oxford Flow, a British company producing control and stemless valves to eliminate fugitive emissions 
• Revterra, a United States company producing kinetic batteries to help decarbonize remote operations
• Nunafab Corp, a Canadian company innovating composite pipe technology for safe and efficient hydrogen transportation  
• Oxygenate Bamboo, a UAE company establishing plantations with genetically modified bamboo saplings to maximize CO2 sequestration 

Contestants will pitch their innovations in the UAE in December. The winning company will receive a US $1 million pilot opportunity with ADNOC as well as development support at the state-of-the-art ADNOC Research and Innovation Center (ADRIC). The ADNOC Decarbonization Technology Challenge is supported by Amazon Web Services (AWS), bp, Hub71, and the Net Zero Technology Centre. 

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