FRANKLIN, Tenn., and HOUSTON (Feb. 9, 2021) – Enexor BioEnergy, LLC, of Franklin, Tenn., announced today it has been selected as one of three companies to participate in Halliburton Labs’ clean technology accelerator program, where entrepreneurs, academics and investors come together in a collaborative environment to advance cleaner, affordable energy.
Enexor BioEnergy manufactures an on-site, renewable energy solution to help solve the world’s organic and plastic waste problems. The company’s patented bioenergy system converts almost any organic, plastic or biomass waste in any combination into affordable, renewable power and thermal energy.
This modular system allows for quick deployment and on-site mobilization to most places around the world, and its unique Energy-as-a-Service business model enables immediate customer cost savings and greater environmental sustainability.
“We are seeing tremendous inbound customer demand for Enexor’s renewable energy solution from across the world,” said Lee Jestings, founder and CEO of Enexor BioEnergy. “We are honored to join Halliburton Labs. Their broad global network and deep manufacturing expertise will assist Enexor in meeting its significant worldwide demand while making a significantly positive environmental impact. This is a major step forward in our worldwide launch.”
Established in 2016, Enexor was the only company in the Southeast invited to join Halliburton Labs. Enexor’s product, the Bio-CHP system, is expected to go to market in the spring, with the first installations projected in Q2 of 2021.
“Halliburton Labs is dedicated to advancing clean energy technology by accelerating the growth of innovative, early-stage companies,” said Dale Winger, managing director of Halliburton Labs. “We’re excited to work with the Enexor team to help them achieve global scale with their affordable solution to transform organic and plastic waste into reliable, renewable energy.”
As developed and developing nations continue to struggle with excessive waste, unreliable and increasingly expensive energy costs, and climate change impacts, Enexor’s customer base is significant and growing rapidly, ranging from large commercial and industrial customers to health care and hospitality providers.
Enexor BioEnergy provides on-site, renewable energy solutions to help solve the world’s organic and plastic waste problems. Enexor’s patented bioenergy system derives value from organic and plastic waste by producing 24/7 continuous power and thermal energy for facilities and micro-grids worldwide. Enclosed within a 20-foot custom shipping container, the Bio-CHP systems are designed to be deployable next to a retail store in the United States, hurricane-exposed areas in the Caribbean or a village in Africa. Enexor manufactures its systems at its headquarters in Franklin, Tenn., a Nashville suburb. More at www.enexor.com.
About Halliburton Labs
Halliburton Labs is a collaborative environment where entrepreneurs, academics, investors and industrial labs join to advance cleaner, affordable energy. Located at Halliburton Company’s headquarters in Houston, Texas, Halliburton Labs provides access to world-class facilities, operational expertise, practical mentorship and financing opportunities in a single location to help participants scale their business. Visit the company’s website at https://www.halliburtonlabs.com/. Connect with Halliburton Labs on Twitter, LinkedIn and Instagram. Halliburton Labs is a wholly owned subsidiary of Halliburton Company.