Carbon Clean, a leader in revolutionising carbon capture solutions, has been named the 7th fastest-growing hardware company in The Sunday Times 100 Tech, which ranks Britain's fastest-growing private technology companies.
Carbon Clean’s commitment to “developing its technology so it can be mass produced and deployed globally” is highlighted, reinforcing the company’s focus on commercialising its modular, columnless CycloneCC solution.
The inaugural Sunday Times 100 Tech ranks Britain’s private technology companies on the sustained growth in their annual revenues, measured over a three-year period. Carbon Clean’s annual sales growth over three years is 124.89%, significantly higher than the impressive average of 87% for companies in the hardware and non-software category.
The Sunday Times 100 Tech highlights the UK’s strong, highly innovative private technology sector at a time when the Government is focused on driving economic growth and job creation. UK Government initiatives such as the Industrial Strategy and National Wealth Fund, are important levers for encouraging investment, particularly in rapidly growing areas such as carbon capture, utilisation and storage (CCUS). The Government’s ambition to make the UK a clean energy superpower was boosted last year with a £21.7bn funding commitment to the CCUS sector and financial close reached for the East Coast Cluster site projects.
Aniruddha Sharma, Chair and CEO of Carbon Clean, said:
“Carbon Clean’s ranking as Britain’s 7th fastest-growing private hardware company highlights the huge potential for the UK to become a global leader in CCUS. Our sustained growth and global expansion is down to our unrelenting focus on innovation and commitment to technical excellence in delivery. We are focused on creating jobs and exporting our specialist skills globally as we commercialise our breakthrough CycloneCC technology so it can be rolled out at scale.”
Carbon Clean is the only CCUS company to be featured in The Sunday Times 100 Tech, which is sponsored by Singer Capital Markets, HSBC Innovation Banking and BDO, the professional services firm.
ENDS
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Email: press@carbonclean.com / carbonclean@kekstcnc.com
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Notes to editors
About Carbon Clean
Carbon Clean is a leader in revolutionising carbon capture solutions for hard-to-abate industries including cement, steel, refineries, and energy from waste. The company’s patented technology significantly reduces the costs of carbon capture when compared to conventional solutions.
Carbon Clean has over a decade of experience in designing, building, and operating industrial carbon capture systems and it has 49 technology references around the world. The company is an innovation leader in the CCUS market, with over 105 active patent assets across 18 patent families covering 30 countries, and has developed a modular technology, CycloneCC, that is vital for scaling industrial carbon capture deployment to achieve global net zero targets.
Headquartered in the UK and with offices in the US, Canada and India, the company has received funding and grant support from the British and US governments and has established partnerships with industry leaders including Chevron and Cemex. It is also an investor in the Swedish eFuel development company, Liquid Wind.
For further information: www.carbonclean.com