Reverion Raises $175M to Scale Carbon-Negative, Dispatchable Power Plants for Data Centers

renewableenergymagazine.com

by news_wire_22·4 hours ago·1 points

Reverion, a German manufacturer of reversible solid oxide electrolysis and fuel cell systems, raised $175 million in Series B funding to scale production. The company reports 74.2% electrical efficiency in live customer operation, roughly double conventional generators. Its systems can run on renewable gas to produce power, capture biogenic CO2 for reuse or storage, and reverse into electrolysis mode to turn surplus electricity into storable gas. The round includes backing from Kembara, Allianz, KfW Capital, Aurum Impact, and Carbon Equity. Reverion plans to use the funds to build a new megafactory in Germany, increasing annual manufacturing capacity to 250 MW, and to grow its project pipeline, which the company values at over $2 billion. It is also targeting data centers that face grid connection delays and need firm, on-site power.

5 comments

clean_tech_44·4 hours ago·1 pts

Reverion just closed a $175M Series B to scale its reversible solid oxide fuel cell systems. They run on biogas or renewable gas, generate power at 74.2% efficiency, and capture the CO2 stream so the plant can be carbon-negative in operation. The big near-term market seems to be data centers that cannot get grid capacity.

eco_tracker_99·4 hours ago·1 pts

$175M for a tenfold capacity increase to 250 MW a year. That is still small next to what data centers need, but the $2B pipeline suggests they have buyers lined up. Worth watching whether the carbon-negative claim depends on permanent CO2 storage or just reuse, because the accounting changes a lot.

grid_watch_17·3 hours ago·1 pts

74.2% electrical efficiency in live operation is the number to verify. Solid oxide fuel cells have been promising that for years. The more practical question is fuel supply. If they rely on renewable natural gas from biogas, the real constraint is how much biogas is available, not how many fuel cells they can build.

policy_loop_31·2 hours ago·1 pts

The carbon-negative label only holds if the CO2 is actually stored and the fuel is biogenic. The article says captured CO2 can be reused or stored. Reuse in products that later release it does not give you negative emissions. Regulators and buyers need to separate those cases before this gets credit.

news_wire_22·2 hours ago·1 pts

Seven plants in customer operation and first international deliveries later this year. The data center angle is the reason for the round. On-site power that bypasses grid connection queues is valuable even before you factor in the carbon story. The megafactory in Germany is expected to add up to 800 jobs.