Nostromo Energy Ltd collaborates with Anheuser-Busch InBev to develop a long-term strategy for its Climate action goals.
FREMONT, CA: Nostromo Energy Ltd has teamed up with Anheuser-Busch InBev to develop a long-term strategy that would help the 100+ accelerator achieve its Climate Action goal.
Nostromo will map out the opportunity and develop a roadmap to implement Nostromo's IceBrick cold-energy storage technology in InBev facilities to help AB InBev accelerate the integration of renewable energy, reduce carbon emissions, and enable the charging of more EVs within the facilities as part of the collaboration. The parties will gather and analyze data on energy use and cooling demands from various facilities in order to assess the potential environmental and economic benefits of the technology, as well as develop tools and methodologies for its widespread adoption.
“Our sustainability goals are ambitious and we know that we don’t have all the answers. We view innovation as a key driver of progress towards our 2025 goals and the UN SDGs. To that end, we collaborate with passionate entrepreneurs, innovators, engineers, investors and scientists who are working to solve some of the world’s most pressing challenges. These partnerships are key to moving us forward. We go further together than alone.” said Maisie Devine, Global Director and Managing Partner of the 100+ Sustainability Accelerator.
The 100+ accelerator was launched in 2018 to help AB InBev meet its ambitious sustainability goals faster. Coca-Cola, Colgate, Palmolive, and Unilever joined the program as full program partners earlier this year to fund and pilot sustainable innovation in their supply chains. The 100+ accelerator has worked with technology startups in 16 countries so far, with more than half of them landing long-term contracts with AB InBev. Out of 1300 applicants, Nostromo was selected as one of 36 companies to participate in the initiative.
“Together, we are striving to supercharge adoption of sustainable solutions by funding and accelerating fantastic innovations that will change the world by making all of our businesses more sustainable at a global scale,” said Carolina Garcia, Global Sustainability, Innovation & Operations.
Boaz Ur, Nostromo Chief Commercial Officer, said, “We are proud to work with a global leader in sustainability innovation as AB InBev, and excited about the partnering opportunities offered by the 100+ program. We welcome the opportunity to work with the world’s greatest corporations and brands who are ready to embrace the vision of turning commercial buildings and manufacturing facilities from burdens on the grid, into energy storage assets. Nostromo’s water based energy storage can truly contribute to these corporations' admirable climate action goals, while reducing costs, adding resilience to the operations and supporting the communities surrounding their facilities.”