Having considered all the options we have decided to discontinue Circular Energy. Reason is that we have been unable to secure funding for our pilot "Cranberry" project.
Of course our plans for CO2-free power production are of great use during the energy transition. Of course our designs give us a good handle on how to approach the job. We can even, with a degree of certainty, forecast the return on the investment. But we have been unable to convince prospective investors and without them nothing moves. Over the coming weeks we will disentangle things in an orderly fashion. Our thanks go to all team members, members of the advisory board and external contacts for the hard work and support.