Heliogen (NYSE: HLGN), a leading provider of AI-enabled concentrated solar energy technology, has announced a letter of intent with Dimensional Energy, a sustainable fuels company, to jointly produce sustainable aviation fuel at Heliogen’s concentrated solar thermal demonstration facility in Lancaster, California. This collaboration will aim to create a reserve of jet fuel from sunlight and air to enable the rapid decarbonization of the aviation industry.
The companies will work to deploy Heliogen’s proprietary, artificial intelligence powered HelioHeat™ technology to convert sunlight directly into thermal energy in the form of high temperature steam and air that will be used to produce green hydrogen for Dimensional Energy’s Reactor platform. The parties expect the demonstration project to be a first step to develop a pipeline for approximately three million barrels of fuel over the next ten years
Bill Gross, Founder and Chief Executive Officer, Heliogen commented “At Heliogen, our mission is to decarbonize industry by delivering advanced renewable energy systems that are more affordable than fossil fuels and we are thrilled to collaborate with Dimensional Energy to advance the decarbonization of the aviation industry.”
Heliogen is a renewable energy technology company focused on decarbonizing industry and empowering a sustainable future. The company’s concentrated solar energy and thermal storage systems aim to deliver carbon-free heat, power, or green hydrogen at scale to support round-the-clock industrial operations.
Shares of Heliogen trade on the NYSE under the symbol HLGN.
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