CarbonBank as product offers 2 services; first Long duration Energy Storage for Renewable power producers & Grid Operators and; second Direct Air Carbon Capture for Hard to abate sectors & Historic emitter companies.
Startup Description
Founded in 2021, Bakz4ever is an early stage Climate-tech startup dedicated to work on technologies to fight climate extremes. We humans have failed 1.5 degree target, lets stop this global warming at 2 degree before it gets irreversible. Take responsibility.
Business Model
Our business model has 2 revenue stream for 2 category of target group; first for Renewable projects & Grid operators we provide Energy Storage as a Service (E-SAAS) which increase projects Capacity Utilization factor & helps in load balancing of Nation grid and; second for Hard to abate sectors & Historic emitters we provide our Carbon Removal certificate which we get by capturing CO2 in solid state & put it in Ocean as permanent storage.
Customers
based in
Australia & New Zealand (Oceania), Europe, India, Middle East & North Africa, North America
Business
Modal Type
Enterprise model, with big ticket clients
Type of
Sales
B2B, B2G
Competitors
Pumped Hydro Storage & Battery based providers for Energy Storage & in Carbon Removal we have competitors like Nature based solutions & Engineered Carbon removal startups.
Teams
Parth Verma
Founder
Why did you decide to start this
company?
Physics & Mechanical Engineering.
2 core subject; Heat & Mass transfer and, Refrigeration & Air Conditioning.
HMT and RAC.
We saw Earth's HMT & RAC are in imbalance, this is causing Global warming.
Are all the founders full-time on this
project?
Yes
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