Project Highlights: - Glanris manufactures patented biocarbon, utilized in water filtration, cement, and soil amendment applications. - Awarded patents in the US, Japan, India, Vietnam, and China, with pending patents in Malaysia and the UAE, enable global deployment. - Expansion in Sacramento Valley includes a rent-free 200,000 sf facility, processing 5 tons/hour of biomass, yielding 20,000 tons of biocarbon and one megawatt of renewable energy annually. - Power Purchase Agreement with the City of Colusa generates $1.3 million yearly, and carbon credits contribute to revenue. - LOIs for off-takes in concrete and soil amendment applications position Glanris to produce over 100,000 tons of biocarbon annually. Project Description: Glanris, a pioneering climate-tech company, focuses on manufacturing sustainable biocarbon with applications in water filtration, cement, and soil amendment. With awarded patents in key markets and global deployment capabilities, Glanris positions itself as a carbon-negative process, aiming for megaton-scale direct sequestration at the lowest cost compared to other methodologies. The expansion into Sacramento Valley, California, signifies a significant step for Glanris. The company receives a rent-free 200,000 sf facility in Colusa, supported by the city. The facility will process 5 tons/hour of raw biomass, generating 20,000 tons of biocarbon annually and one megawatt of renewable energy. This operation aligns with Glanris' commitment to environmental sustainability and its Power Purchase Agreement with the City of Colusa, contributing $1.3 million yearly. The initial biomass processing serves as a foundation for future growth. With approximately 400,000 tons of rice hulls and over 1 million tons of almond and walnut shells produced annually in the area, Glanris envisions scaling up its operations. The plan includes adding more machines to match biomass supply, enhancing power generation capabilities to achieve 3 megawatts, and generating an estimated $3.6 million yearly. In addition to environmental impact, Glanris strategically positions itself for revenue growth. Carbon credits, approximately 40,000 annually, contribute to income. Furthermore, the company secures Letters of Intent (LOIs) for off-takes in concrete and soil amendment applications, projecting a production capacity of over 100,000 tons of biocarbon annually. Glanris's innovative approach not only addresses environmental challenges but also establishes a sustainable business model with significant potential for positive global impact.