Grain Ecosystem, the leading platform for developers of waste-to-value projects, has teamed up with Ariel Green to provide enhanced support for carbon removal initiatives such as biochar production, where agricultural and other waste biomass is converted into a carb sequestering soil amendment. While securing feedstock and offtake through long-term contracts is feasible, the conversion process often involves novel steps with limited commercial history, posing a risk. Technology Performance Insurance (TPI) mitigates this risk.
TPI protects project developers and investors from technology failures and helps facilitate funding, construction, successful startup, and profitable operation of clean energy projects. By targeting technology risks, TPI empowers low-cost capital providers, such as banks, to confidently participate in bioconversion projects.
Jason E. Dodier, Co-Founder and CCO of Grain Ecosystem, emphasized that "TPI complements traditional insurance and is most effective in mitigating low-probability, high-impact technology failures that could disrupt or halt a project. Integrating the Ariel Green solution into our Ecosystem and broader knowledge hub is crucial for maximizing success odds for our Grain project developers."
Bioconversion & Hydrogen Lead at Ariel Green, Tad Dritz , highlighted the shared vision by saying: "This partnership is timely and crucial as we advance our mission to finance and build more climate friendly projects. Grain is playing an important role by packaging projects and presenting them to investors. We are excited to collaborate with them and offer a powerful tool that developers can use to complete their projects."
About Grain Ecosystem:
Grain Ecosystem is a digital platform simplifying decarbonization through innovative waste-to-value solutions like biochar. Their platform connects project developers with investors and equipment manufacturers, streamlining the entire process for carbon removal initiatives. Grain handles project origination, funding, certification, setup, evaluation, and profitability calculation, improving transparency and efficiency in the carbon market. By streamlining carbon removal project development, Grain Ecosystem offers a straightforward path to decarbonization.
About Ariel Green:
Ariel Green provides Technology Performance Insurance (TPI) for the clean energy industry, deploying capital through customized long-term and non-cancellable risk management solutions. As a division of Ariel Re, a premier (re)insurance business and underwriters at Lloyd’s, our team is supported by the world’s leading insurance and reinsurance marketplace. Ariel Green brings deep expertise and a collaborative approach to developing insurance products that enable clean energy projects to secure financing, get built and begin operations. Learn more at arielgreen.com.
Ariel Re Contact Information:
Email: marketing@arielre.com
Website: www.arielre.com
Tel: 441-295-5485
