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ION Clean Energy
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Short description

Developer of solutions containing ionic liquids to capture carbon and other contaminants from gases

Founded in 2008
Founded in

Company type Private Public ()
Company type

Industry Group materials & chemicals

Sector carbon capture usage & storage (ccus)

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters United States United States
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Updated by Cleantech Group on 07/17/2024

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Date Company
09/12/2013

Xcel Energy Xcel Energy

Ion Clean Energy's project to develop a system to capture carbon from power plant emissions will involve test sites including Xcel Energy's Valmont Station in Boulder as well as Great Falls, North Dakota and Sutherland, Nebraska

Confirmed by Xcel Energy

Partnerships
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Date Partner Type
10/22/2024
Koch Engineered Solutions Koch Engineered Solutions
Expansion of joint offering for technology-advantaged post-combustion carbon capture projects
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Confirmed by Koch Engineered Solutions
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IPO INFORMATION

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Date Investors Type Amount
04/04/2024 Chevron New Energies (CNE) Chevron New Energies (CNE) , Carbon Direct Carbon Direct (2)
Post-money valuation of
Funding will be used for technology deployment of its liquid amine carbon capture technology for hard-to-abate emissions.
Seed $45,000,000
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