Manufacturing all of the items that we consume on a daily basis from the food we eat to the clothes we wear requires a tremendous amount of heat. That heat today is generated by burning fossil fuels in industrial processes, accounting for about 20-30% of all fuel burned worldwide. And that demand is only projected to grow.
Skyven Technologies' energy-as-a-service solution funds and de-risks industrial projects to reduce carbon emissions caused by process heat. Their tech-forward business model aligns its revenue stream with their customers’ environmental and operational goals, delivering savings from $200k–$5M annually.