Australian startup, Capricorn Power launched an equity crowdfunding campaign for an engine that turns landfill into clean electricity.
Capricorn Power is among a growing wave of Australian startups focusing on renewed optimism in smart energies, following a significant slump in the sector, after the demise of Australia’s carbon tax.
Manufactured in Geelong, the company says the Barton Engine efficiently transforms waste heat into low cost electricity with no emissions and no water use.
Renowned heat engine expert and Chief Technology Officer Dr Noel Barton AM, says the engine represents a quantum leap in converting heat to power in a way that is simple, efficient and scalable.
“If you produce over 3,000 tonnes of organic waste per annum, the Barton Engine could be the perfect sustainable solution for your site. It works with any heat source over 300 degrees Celsius and operates efficiently at a hundred kilowatts up to megawatts,” he says.
Capricorn Power CEO, Mike Hodgkinson says the first commercial product is being created for demonstration in mid 2020.
The crowdfunding will be used to retrofit the Barton Engine prototype with commercial components, register the intellectual property and patent the invention internationally.
Capricorn Power has partnered with Geelong-based engineering firm, Austeng to manufacture the engine.
The company is hosting a roundtable discussion on clean energy as part of its launch.