Waste-to-energy firm Ze-gen piles up cash
Updated at 3:00 p.m. PT to correct reference to synthetic gas.
Waste-to-energy firm Ze-Gen said Tuesday that it has raised money to further develop and commercialize its technology for converting municipal solid waste to electricity.
The company announced a series B round of $20 million that was led by a division of the Oman-based conglomerate Omar Zawawi Establishment.
There are a handful of firms developing different processes for converting municipal solid waste into usable energy. There are landfills that capture methane gas, which can be burned for electricity. Energy from incinerated trash can be used, too, but it … Read more