Greenearth energy looks to Israeli solar tech to make use of Oz’s vast brown coal resources.
With the climate change tipping point precipitously close, an Israeli-Australian venture will use solar technology to mitigate the greenhouse gases from coal in Australia. Developed at the Weizmann Institute of Science in Israel the new venture will reduce carbon dioxide emissions from the burning of brown coal. The venture has been recently launched in Israel by NewCO2Fuels, a subsidiary of the Australian company Greenearth Energy Ltd. Greenearth has has acquired an exclusive worldwide license for the new solar technology developed by Prof. Jacob Karni from the Weizmann. Karni is considered one of the world’s foremost innovators of solar tech. He was involved in the technology behind Aora, a distributed solar thermal company with plants in Israel and Spain.
Karni’s technology makes use of concentrated solar energy to dissociate carbon dioxide to carbon monoxide and oxygen. This method also makes it possible to dissociate water to hydrogen and oxygen at the same time it dismantles the CO2.
Carbon monoxide and its mixture with hydrogen called Syngas, can then be used as gaseous fuel, for example, in power plants, or converted to liquid fuel such as methanol, which can be stored, transported or used to power motor vehicles.
The method has proved successful in laboratory trials. NewCO2Fuels Ltd. is now building a solar reactor for the conversion of CO2 on an industrial scale. Part of the development is being performed in collaboration with the Canadian Institute for the Energies and Applied Research at the Weizmann Institute of Science.
Greenearth Energy expects the new Israeli-Australian venture to help harness the vast brown coal, also called lignite, resources in the State of Victoria in south-eastern Australia, whose use has been limited until now by the high CO2 emission content from this type of coal. The possibility of converting CO2 to fuel in a clean and efficient manner will turn brown coal into a source of environmentally friendly fuel.
Greenearth is listed on the Australian Stock Exchange with the stock code of GER.