Newlab New Orleans, JERA to grow carbon capture technologies
newlab New Orleans and the Japanese power generation company JERA have partnered to advance next-generation carbon capture technologies targeted at energy-intensive industries in Louisiana and the Gulf Coast. JERA Ventures, the corporate venture capital arm of JERA, is joining a public-private partnership at Newlab’s New Orleans innovation hub, which offers startups lab space and advanced equipment to develop their ideas into marketable products.This collaboration aims to attract and grow companies focused on energy efficiency, carbon management, and port infrastructure.
Newlab plans to open its fifth innovation hub next fall at a repurposed facility near the Mississippi River in New Orleans, following earlier hubs in Detroit and Riyadh. The Newlab network has helped member companies raise over $5.8 billion from venture capital firms. JERA, with notable investments in Louisiana including a planned low-carbon ammonia plant and solar farm, has invested $300 million globally in sustainable energy startups and funds. Both organizations emphasize the critical role of carbon capture in meeting rising global electricity demand while reducing emissions from existing and future gas-fired power sources.
Newlab New Orleans, JERA to grow carbon capture technologies
(The Center Square) – Newlab New Orleans and Japanese power generation company JERA have announced a new partnership aimed at developing next-generation carbon capture technologies for energy-intensive industries in Louisiana and along the Gulf Coast.
JERA Ventures is joining a public-private partnership housed at Newlab’s New Orleans innovation hub, which will provide startups with laboratory space and advanced machinery to turn their ideas into products.
Both said they want to attract and grow companies focused on energy efficiency, carbon management and port infrastructure.
Next fall, New York-based Newlab expects to open its fifth innovation hub at the former Naval Support Activity in a repurposed building located at the intersection of the Intercoastal Industrial Canal and the Mississippi River. Newlab opened innovation hubs in Riyadh, Saudi Arabia in 2025 and Detroit in 2023. Newlab hub member companies have raised more than $5.8 billion from Venture Capital firms.
“As global electricity demand surges, the need for firm, low-carbon power has never been more urgent,” according to Newlab’s LinkedIn page. “Carbon capture will play a critical role in meeting that demand while reducing emissions from existing and future gas-fired power assets.”
LOUISIANA ATTORNEY GENERAL DEMANDS NEW ORLEANS POLICE STOP ENFORCING ‘SANCTUARY’ POLICIES
JERA Ventures, the corporate venture capital arm of JERA, has invested $300 million in startups and venture capital funds around the world with a focus on sustainable energy.
The Japanese energy giant’s business interests in Louisiana include a joint venture with CF Industries in the Blue Point Complex, a planned billion low-carbon ammonia plant in Ascension Parish, a 50% stake in the 300-megawatt Oxbow Solar Farm in Pointe Coupee Parish and a recent $1.5 billion investment in shale gas assets in the Haynesville basin.
" Conservative News Daily does not always share or support the views and opinions expressed here; they are just those of the writer."
*As an Amazon Associate I earn from qualifying purchases
