TULSA,
Okla., Sept. 20, 2023 /PRNewswire/
-- ClearSign Technologies Corporation (Nasdaq: CLIR)
("ClearSign" or the "Company"), an emerging leader in industrial
combustion and sensing technologies that improve energy,
operational efficiency and safety while dramatically reducing
emissions, today announces that it has received collaboration
commitment and additional pledged funding for its 100% Hydrogen
Ultra Low NOx burner project from Southern California Gas
Co.(SoCalGas).
SoCalGas has pledged financial support on top of the SBIR
program Phase 2 Award for $1.6
million from the DOE which was previously announced.
Their support will provide additional funding to the project which
is designed to help decarbonize hard-to-electrify industries and is
entering the commercialization phase. Their support will
include $500,000 to promote the
introduction and field demonstration of our hydrogen capable
ClearSign Core burner technology in Southern California.
"We are extremely pleased to receive this support from the
forward looking team at SoCalGas. We believe our collaboration with
SoCalGas provides not just additional financial support, but also
their engagement with us in moving the energy transition forwards
in Southern California, and making
our ClearSign Core technologies part of the technical portfolio
available to all the industries that SoCalGas serves," said
Jim Deller, Ph.D., Chief
Executive Officer of ClearSign.
"This exciting and innovative project offers a look at how
hydrogen can play a vital role in helping industries in
California start down the path to
net zero through technology that allows the transition to clean
fuels," said Neil Navin, SoCalGas
Chief Clean Fuels Officer. "Investments in clean fuel
technologies like this will be key in providing hard-to-decarbonize
industries the means to reach net zero quickly and affordably."
The goal of this project is to develop ultra-low NOx hydrogen
burner technology, which the Company believes will enable the
adoption of hydrogen fuel for industrial heating, leading to
reductions in the industrial emissions of both carbon dioxide and
nitrogen oxides. Current burners and previous efforts to
decarbonize industrial combustion processes through the utilization
of hydrogen fuel are inhibited by the lack of industrial hydrogen
burners capable of burning pure hydrogen while preventing
additional Nitrogen Oxides (NOx) emissions.
Phase One saw the completion and deployment of a prototype
process burner that successfully integrated hydrogen and hydrogen
blending while maintaining NOx below 5 ppm. Phase Two
will entail scaling up the size of the burner from 2 MMBtu per hour
up to 8 MMBtu per hour and deploying it in real-world, commercial
industrial settings where high heat is required, over the next two
years.
SoCalGas has made clean energy innovations designed to
decarbonize hard-to-electrify sectors a key component of its
efforts to help California achieve
net zero by 2045. To that end, SoCalGas is working to develop
Angeles Link, a proposed green
hydrogen pipeline system that could deliver clean, reliable,
renewable energy to the Los
Angeles region. The project, which could be the nation's
largest green hydrogen pipeline system, is being designed to
support significantly reducing greenhouse gas emissions from
electric generation, industrial processes, heavy-duty trucks, and
other hard-to-electrify sectors of the Southern California economy.
SoCalGas is also working to help the state of California develop a hydrogen blending
standard through pilot projects, to help better understand how
clean fuels like renewable hydrogen could be delivered at scale
through California's existing
natural gas system and to help drive down costs of hydrogen by
scaling up use and building a hydrogen market.
About ClearSign Technologies Corporation
ClearSign Technologies Corporation designs and develops products
and technologies for the purpose of improving key performance
characteristics of industrial and commercial systems,
including operational performance, energy efficiency, emission
reduction, safety and overall cost-effectiveness. Our patented
technologies, embedded in established OEM products as ClearSign
Core™ and ClearSign Eye™ and other sensing configurations,
enhance the performance of combustion systems and fuel safety
systems in a broad range of markets, including the energy (upstream
oil production and down-stream refining), commercial/industrial
boiler, chemical, petrochemical, transport and power industries.
For more information, please visit www.clearsign.com.
About SoCalGas
Headquartered in Los Angeles,
SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers
affordable, reliable, and increasingly renewable gas service to
over 21 million consumers across 24,000 square miles of Central and
Southern California. Gas delivered
through the company's pipelines will continue to play a key role in
California's clean energy
transition—providing electric grid reliability and supporting wind
and solar energy deployment.
SoCalGas' mission is to build the cleanest, safest and most
innovative energy infrastructure company in America. In support of
that mission, SoCalGas aspires to achieve net-zero greenhouse gas
emissions in its operations and delivery of energy by 2045 and to
replacing 20 percent of its traditional natural gas supply to core
customers with renewable natural gas (RNG) by 2030. Renewable
natural gas is made from waste created by landfills and wastewater
treatment plants. SoCalGas is also committed to investing in its
gas delivery infrastructure while keeping bills affordable for
customers. SoCalGas is a subsidiary of Sempra (NYSE: SRE), an
energy infrastructure company based in San Diego.
For more information visit socalgas.com/newsroom or connect with
SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and
Facebook.
Cautionary note on forward-looking statements
All statements in this press release that are not based on
historical fact are "forward-looking statements." You can find many
(but not all) of these statements by looking for words such as
"approximates," "believes," "hopes," "expects," "anticipates,"
"estimates," "projects," "intends," "plans," "would," "should,"
"could," "may," "will" or other similar expressions. While
management has based any forward-looking statements included in
this press release on its current expectations on the Company's
strategy, plans, intentions, performance, or future occurrences or
results, the information on which such expectations were based may
change. These forward-looking statements rely on a number of
assumptions concerning future events and are subject to a number of
risks, uncertainties and other factors, many of which are outside
of our control, that could cause actual results to materially
differ from such statements. Such risks, uncertainties and other
factors include, but are not limited to, the likelihood that we are
able successfully complete the ultra-low NOx hydrogen burner
development project funded by the Phase 2 government grant, general
business and economic conditions, the performance of management and
our employees, our ability to obtain financing, competition,
whether our technology will be accepted and adopted and other
factors identified in our Annual Report on Form 10-K filed with the
Securities and Exchange Commission and available
at www.sec.gov and other factors that are detailed in our
periodic and current reports available for review
at www.sec.gov. Furthermore, we operate in a competitive
environment where new and unanticipated risks may arise.
Accordingly, investors should not place any reliance on
forward-looking statements as a prediction of actual results. We
disclaim any intention to, and, except as may be required by law,
undertake no obligation to, update or revise forward-looking
statements to reflect events or circumstances that subsequently
occur or of which we hereafter become aware.
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SOURCE ClearSign Technologies Corporation
