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Stock impact report

ESG Clean Energy Announces Positive Test Results of Patented Carbon Capture Water Removal System [Yahoo! Finance]

Camber Energy, Inc. (CEI) 
US:NYSE Investor Relations: ir.camber.energy
Company Research Source: Yahoo! Finance
WEST SPRINGFIELD, Mass., February 22, 2024 BUSINESS WIRE )--ESG Clean Energy, LLC, developers of power generation/carbon capture systems with a nearly Zero Carbon output, announced today that the results from tests of its patented water removal system exceed a water removal rate of over 90 percent. Reaching this level of efficiency in removing water from power generation emissions, enables the lowest-cost and most energy efficient way of capturing carbon. The testing took place this week at ESG's 4MW power generation site in Holyoke. Using calibrated humidity sensors positioned at both the beginning and the end of the exhaust stream, the results exceeded the modeled forecast of 83 percent that was developed during the initial design phase of its carbon capture process. "We knew our design was solid, but we were not expecting to reach this level of efficiency so quickly," said Nick Scuderi, president of ESG Clean Energy, LLC. "And given the fact that we have yet to fully optimize Show less Read more
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