Greenlyte and MB Energy forge strategic landmark agreement for synthetic methanol

DAC-2-E-Methane: Realizing Carbon Capture Utilization for Energy Storage & Transportation

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‍Essen/Duisburg/Aachen, 25.06.2024. Greenlyte Carbon Technologies, the Institute of Energy and Environmental Process Engineering (LEE) of University of Duisburg-Essen, the Hydrogen and Fuel Cell Center (ZBT) and the Chair of Technical Thermodynamics (LTT) of RWTH Aachen University have joined forces to research the coupling of a Direct Air Capture (DAC) plant with a catalytic methane synthesis. The project will showcase a carbon capture utilization case in the heart of the industrial Ruhr area and is co-funded by the European Union and the state of NRW as part of the EFRE "Energie.IN.NRW" innovation competition.

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Timeline: Q2 2024 - Q2 2027

Essen, Germany, 12th August 2025 – Greenlyte Carbon Technologies GmbH and MB Energy Holding GmbH & Co. KG have signed a strategic landmark agreement covering the offtake of e-methanol from Greenlyte’s LiquidSolar™ facility in Marl as well as advanced offtake intentions for future projects.

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Just days after officially securing multi-million euro funding from the European Union and the federal state of North Rhine-Westphalia for Greenlyte’s LiquidSolar™ Methanol plant, the two companies signed a 7-figure e-methanol offtake term sheet, proving commercial market interest for Greenlyte’s LiquidSolar™ products.

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This agreement not only reinforces MB Energy’s commitment to the partnership with Greenlyte, it also demonstrates their intention to offtake e-fuel from Greenlyte’s future commercial facilities. The collaboration aims at deploying Greenlyte’s LiquidSolar™ technology at industrial and mobility hubs across Europe and beyond.

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MB Energy, established in 1947, has longstanding experience in global fuel logistics, market structuring and trading, making it a critical strategic partner for Greenlyte as they move toward commercial-scale deployment.

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“The strong interest signals that the LiquidSolar™ revolution is coming,” states Florian Hildebrand, CEO and co-founder of Greenlyte. “We are thrilled that MB Energy is supporting us as an early adopter, placing their trust in our technology. Together, we’re working to develop an energy supply model that reduces reliance on fossil fuels and that will be scaled globally to meet industrial demands.”

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“We are excited to see new technologies evolving that aim to increase the availability and affordability of e-fuels, and we are proud to support and contribute to these important developments,” says Oleksandr Siromakha, Head of Sustainable Fuels at MB Energy. “This strategic partnership marks an important step in advancing our commitment to the energy transition. By securing access to e-methanol, we are strengthening our ability to offer lower-emission fuel solutions to our customers. It supports our vision of becoming the preferred independent liquid fuels supplier in our core markets, delivering long-term value through cleaner alternatives,” he continues.

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About Greenlyte Carbon Technologies

Greenlyte is one of Europe’s most pioneering new energy start-ups, on a mission to reshape the global energy landscape. The company has developed LiquidSolar™, a fully electric, patent-protected system that delivers essential feedstocks for e-Methanol, e-Diesel, and Sustainable Aviation Fuel (eSAF), enabling the scalable production of e-fuels at prices competitive with fossil alternatives. Since its founding in September 2022, Greenlyte has secured over €45 million in equity funding and accumulated income and built a team of more than 60 experts. With over 8,000 hours of system operation and 10+ patent families filed, Greenlyte is now working with major industrial partners to develop its first commercial plants. By 2050, the company aims to capture 100 million tonnes of CO₂ annually, establishing itself as a critical pillar of tomorrow’s net-zero energy infrastructure.

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About MB Energy

MB Energy, founded in 1947 and headquartered in Hamburg, is an independent, integrated energy company with operations across Europe, the United States, and Singapore. The company engages in the import, storage, distribution, and marketing of petroleum products, LPG, chemicals, and biofuels. With decades of industry experience and forward-looking approach, MB Energy plays an active role in the global energy landscape and supports the transition to lower emissions fuels through the development and provision of future-oriented alternatives.

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