World Energy
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $4.9m | Seed | |
Total Funding | $4.9m |
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EditWorld Energy is a pioneering company in the low carbon solutions sector, dedicated to assisting leading companies in achieving their net zero commitments. With over 25 years of experience, World Energy has been at the forefront of commercializing renewable fuels and was the first to produce sustainable aviation fuel (SAF) on a commercial scale. The company operates in various sectors including sustainable aviation fuel, clean hydrogen, advanced biofuels, and transparent decarbonization services.
World Energy's business model revolves around large-scale investments in sustainable projects, with over $15 billion committed to new initiatives in California, Texas, and Newfoundland. These projects aim to accelerate efforts to achieve net zero emissions. The company serves a diverse range of clients, primarily focusing on industries that face significant challenges in reducing carbon emissions.
Revenue is generated through the production and supply of renewable fuels such as sustainable aviation fuel, renewable diesel, and renewable naphtha. Additionally, World Energy plans to expand its product offerings to include renewable propane and green hydrogen. The company prides itself on maintaining rigorous environmental standards and transparent reporting, with certifications from the Roundtable on Sustainable Biomaterials (RSB) and the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA).
World Energy's commitment to sustainability is further demonstrated by its ambitious greenhouse gas (GHG) emissions reduction targets, which have been accepted by the Science Based Targets Initiative.
Keywords: low carbon solutions, sustainable aviation fuel, clean hydrogen, advanced biofuels, net zero commitments, renewable diesel, renewable naphtha, green hydrogen, environmental standards, decarbonization services.