Greenlyte receives millions in funding for eMethanol plant

Greenlyte is developing an innovative direct air capture technology to convert CO₂ into eMethanol. The new plant should enable a commercial breakthrough.

Essen, 4 March 2025 - Essen-based climate tech startup Greenlyte Carbon Technologies has received millions in funding from the NRW program "Produktives.NRW", which is co-financed by the state government of North Rhine-Westphalia and the EU. Greenlyte will use these funds to realize its first First-of-a-Kind (FOAK) Direct-Air-Capture (DAC) to eMethanol plant at the Marl Chemical Park - a decisive step towards making renewable liquid energy sources economically viable on an industrial scale.

DAC-2-e-methanol: scalable solution for CO₂ conversion

Greenlyte's new plant will enable a combination of CO₂ removal from air (DAC), hydrogen production and methanol synthesis in a modular and scalable system. With a capacity of up to 1,000 tons of eMethanol per year, the FOAK 1 plant sets new standards in the integration of DAC technologies with synthetic fuel production.

Our mission at Greenlyte is to see CO₂ not as a problem, but as a valuable resource

Florian Hildebrand, CEO of Greenlyte

"Our mission at Greenlyteis to see CO₂ not as a problem, but as a valuable resource - and thus to make sustainable, liquid energy sources economically viable," says Florian Hildebrand, CEO of Greenlyte. "Thanks to this funding, we can bring our technology to market faster and pave the way for commercial use. NRW is not only our start-up location, but also an industrial center for innovations in the field of climate and energy technologies."

Marl Chemical Park as a strategic partner

To implement the project, Greenlyte is working with the Marl Chemical Park, which is providing around 3,000 square meters of space and infrastructure support.

Greenlyte's production plant is a significant contribution to the further development of our site as a hydrogen hub

Thomas Basten, Site Manager Evonik Marl

Other partners and future customers of Greenlyte's eMethanol technology include Mabanaft, Düsseldorf Airport, AMR, Klöckner & Co, IFM, H2UB, EWG as well as the World Economic Forum / Uplink and Third Derivative.

Green technology with global scaling prospects

Greenlyte Carbon Technologies was founded in 2022 with the aim of extracting CO₂ directly from the air, producing green hydrogen and converting it into liquid energy carriers. The start-up has raised over USD 26 million in capital to date, employs more than 50 people and is driving forward its first commercial projects worldwide.

In the long term, Greenlyte wants to increase its CO₂ removal capacity to 0.1 gigatons per year by 2050 - an ambitious step towards energy abundance through renewable sources.