CEMEX Ventures joins a select group of leading global investors supporting Synhelion.
Since 2020, CEMEX and Synhelion began developing an innovative solar-driven technology that aims to eliminate fossil fuels and the carbon footprint in the clinker manufacturing process.
The United States Department of Housing and Urban Development’s (HUD’s) newly formed Community Development Block Grant Mitigation (CDBG-MIT) program provided Texas GLO with $4.3 billion in funding. The agency has earmarked 70 percent of that funding for resilient water, transportation, environment, and facility infrastructure in communities hardest hit by the 2015/2016 floods and Hurricane Harvey. Like other HUD CDBG programs, a core focus will be on helping low- and moderate-income (LMI) communities with an identified urgency.