Pennsaco Applied sciences Indicators MOU with Oil & Fuel Business Carbon Seize Consultancy Internet Zero Options to Deploy Inexperienced Hydrogen and Superior Carbon Seize & Recycling Expertise in Latin America
PHILADELPHIA, September 7, 2021 / PRNewswire / – Pennsaco Technologies, LLC, a US-based green hydrogen and advanced carbon capture and recycling company, announced today that it has entered into a letter of intent with Net Zero Carbon Solutions, LLC, a US and Latin America Consulting firm providing carbon free technology solutions to the oil and gas industry to deploy Pennsaco’s technology in Latin America.
Under the terms of the agreement, the companies will work together on the provision, development, construction and maintenance of commercial-scale waste for green hydrogen, renewable electricity and biochar plants Latin America and address trillion dollar markets worldwide. Net Zero Carbon Solutions will lead business development and Pennsaco Technologies will provide carbon negative technology solutions to Net Zero Carbon Solutions customers.
“We are excited to be working with Net Zero Carbon Solutions. They have a world-class professional team with decades of experience in the oil and gas industry. Their in-depth knowledge of the industry’s carbon and waste challenges goes perfectly with the advanced heat conversion technology from Pennsaco Technologies expertise. This partnership will provide state-of-the-art waste incineration and decarbonization solutions to the oil and gas industry and beyond. We look forward to the start and look forward to a long and successful partnership that has significant environmental, social and carbon negative impacts in Latin America and worldwide, “said the CEO of Pennsaco Technologies Robert Kelly.
“Pennsaco’s unique technology has proven to be a key factor in helping Net Zero Carbon Solutions achieve its goals of effectively mitigating climate change and the greenhouse gas crisis. Our commitment to decarbonizing the oil industry from within is solidly backed by our partners’ technologies and we are proud to work with them to accelerate the energy transition called for by the global community, “said Walter arias, Director for Net Zero Carbon Solutions
About Pennsaco Technologies (https://www.pennsaco.com/)
Pennsaco Technologies uses patented advanced carbon recycling and thermal conversion technology to create the most cost-effective carbon-negative green hydrogen, renewable electricity, and high-quality carbon sequestration and offsetting products from waste.
By processing biomass waste, plastic waste and municipal solid waste, Pennsaco Technologies produces low-cost, high-yield carbon negative green hydrogen, renewable electricity, biochar for use in regenerative agriculture and carbon sequestration, and activated charcoal for purifying drinking water. Pennsaco’s technology maximizes social, environmental, and economic impact, with each Pennsaco facility advancing 12 of the 17 United Nations Sustainable Development Goals, creating millions of dollars and hundreds of jobs for the local economy.
Utilizing advanced thermal conversion technology validated by the U.S. Environmental Protection Agency and backed by dozen of patents, Pennsaco provides waste management, renewable energy, and carbon sequestration and offsetting solutions that are tailored to local market needs while maintaining trillions worth of global markets Address dollars. According to Bank of America, green hydrogen is expected to be one $ 11 trillion Market through 2050 and, according to Goldman Sachs, “a golden opportunity for investors”.
About Net Zero Carbon Solutions (https://nzcsolutions.com)
Net Zero Carbon Solutions, LLC, an expert consulting firm based in the United States and Latin America with decades of experience in the global oil and gas industry, offers a range of carbon neutral and carbon negative technology solutions tailored to the industry’s decarbonization needs and net zero carbon goals.
Decarbonising the oil industry from within while accelerating the learning curve in production is a priority for Net Zero Carbon Solutions and acts as a catalyst for the energy transition. Our “Oil to Shale Gas” approach minimizes the carbon footprint by using a low carbon energy source from unconventional shale gas deposits. Net Zero Carbon Solutions is dedicated to minimizing emissions per foot drilled, optimizing the use of the right technology, sustainable asset risk reduction, waste management and electricity / hydrogen generation, electrification and green infrastructure, and innovative 4D storage monitoring sensors for the carbon storage prescribed projects.
Some of the services offered by Net Zero Carbon Solutions include net zero emissions and renewable energy and decarbonization equipment, assessing the suitability of deposits for carbon dioxide and methane storage, geothermal high and medium enthalpy power generation, nature based solutions for carbon mitigation through afforestation and conservation of biodiversity, assessment of the carbon footprint and proposal of roadmaps to reduce emissions.
contacts
Pennsaco Technologies, LLC
Amy McCrae Kessler, Esq., VP
[email protected]
Net Zero Carbon Solutions, LLC
Walter arias, Director
[email protected]
SOURCE Pennsaco Technologies, LLC
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