Sulzer has signed an agreement with KEZO, Zurich Oberland’s waste utilization service provider, to develop and deliver a licensed carbon capture solution for commercial validation at KEZO’s waste-to-energy plant in Hinwil. The goal is to assess integration feasibility with KEZO’s processes in preparation for its new municipal solid waste incineration plant planned for 2030.
Bayou Bend, a joint venture between Chevron, Equinor, and TotalEnergies SE, is a carbon dioxide (CO₂) transportation and storage project in Southeast Texas. It’s designed to support key regional industries in reducing the carbon intensity of their operations. The goal is for Bayou Bend to serve as a central hub for CO₂ storage in the area.
Alberta’s government is investing $5 million from the industry-led TIER fund to help Deep Sky design, build and operate the world’s first direct air capture innovation and commercialization centre in Innisfail.
CarbonQuest, a leading distributed carbon capture technology provider, and Daroga Power (“Daroga”), a leading developer of power projects in the U.S., today announced their first joint carbon capture-as-a-service financing project in North America, with a goal to offer such service to customers across a variety of sectors ranging from food and beverage operations, commercial and industrial facilities, and utility infrastructure.
PETRONAS CCS Ventures, MISC Berhad (MISC), and Mitsui O.S.K. Lines, Ltd. (MOL) today announced the incorporation of a strategic joint venture. This joint venture will lead the development and act as the ultimate owner of Liquefied Carbon Dioxide (LCO₂) carriers, which are critical for transporting LCO₂ to designated storage sites.
Global energy technology company SLB launched Sequestri™ carbon storage solutions — a comprehensive portfolio of technologies and services for accelerating safer and more economic carbon storage projects. The Sequestri portfolio addresses the unique challenges of long-term carbon storage, providing tailored hardware and digital workflows that improve decision-making across the full carbon storage value chain.
BKV Corporation and Comstock Resources, Inc. announced an exclusive, non-binding agreement for BKV to develop carbon capture, utilization and sequestration projects at two of Comstock’s natural gas processing facilities in its Western Haynesville operating area.
As the CCUS industry faces ongoing uncertainty, with economic challenges and evolving regulatory landscapes, one thing remains clear: The drive for scalable decarbonization is unwavering.
Carbon Direct, in collaboration with Microsoft, announced the release of new criteria for high-quality marine carbon dioxide removal (mCDR), setting a higher standard for social impact, monitoring, durability, and environmental integrity in the rapidly evolving mCDR space.
EFM and Meta have finalized a groundbreaking long-term contract for the delivery of 676,000 nature-based carbon removal credits through 2035. The deal will support the transition of 68,000 acres of forestland to climate-smart management on Washington’s Olympic Peninsula, with the goal of removing more than one million tons of carbon emissions over the next decade.
RHI Magnesita, MCi Carbon, the Austrian Institute of Technology, and the University of Technology Sydney will receive funding for the CCUPScale project, for which Newcastle based cleantech startup MCi Carbon will receive AUD $3.29m.
Capsol Technologies has been awarded an Engineering Services Agreement for a pre-FEED (Front-End Engineering Design) study for the CapsolEoP® (end-of-pipe) carbon capture technology at a cement plant in Europe. The study is for a plant aiming to capture 600,000 tons of CO2 per annum.
UK-based global renewable energy company, Low Carbon, has announced that it has entered into a Power Purchase Agreement (PPA) with Deep Sky, the Quebec-based carbon removal project developer.
Equinor, alongside project partners, has announced financial close after taking a Final Investment Decision (FID) to progress to execution phase on two of the UK’s first carbon capture and storage (CCS) projects in Teesside, the Northern Endurance Partnership and Net Zero Teesside Power.
California Resources Corporation, and its carbon management business, Carbon TerraVault, announced the signing of a Memorandum of Understanding (MOU) with Net Power Inc., to develop Net Power’s ultra-low emission power plants in California.
Carbon capture and removal project developers Return Carbon and Verified Carbon announced “Project Concho,” a pioneering Direct Air Capture (DAC) hub to be built in Tom Green County, Texas.
BluSky Carbon Inc. announced it has initiated a series of informative demonstration events at its AR1 biochar production facility located in Warren, Arkansas. The demo day events have been arranged to host executives and key personnel from specially invited organizations to view BluSky's technology and to provide an opportunity to interact with team members and in-house subject matter experts.
Carbonfuture announced a strategic partnership with Economist Impact. This collaboration will co-create the first-ever Carbon Removal Spotlight at Economist Impact events. Fully integrated into the conference program, the spotlight will focus on advancing corporate action on carbon removal as a core component of net-zero strategies.
Artio has announced it has raised £550k to pioneer insurance solutions for early-stage carbon removal projects through its proprietary risk modelling platform. Artio's insurance products enable investors to confidently back early-stage carbon removal projects by providing risk mitigation from day one.
Holcim has been selected for a new grant from the European Union (EU) Innovation Fund for its breakthrough carbon capture and storage project in Martres-Tolosane, France. This grant for the CarboClearTech project brings the number of Holcim’s large-scale EU-supported carbon capture, utilization and storage (CCUS) projects to seven, advancing the European Green Deal.
Carbon Removal Canada released a new policy report this week, “Procuring with Purpose: Canada’s Opportunity to Shape the Carbon Removal Market.” The report shows how the government can build a robust carbon removal sector in Canada.
Alt Carbon has made history as the first India-headquartered company to receive a prepurchase agreement from the prestigious Frontier, the advance market commitment for carbon removal. The purchase will help support the startup’s Darjeeling Revival Project, a breakthrough initiative that combines innovative carbon removal technologies with the revival of India’s historic tea estates.
The Washington State Department of Commerce announced 46 grants funded by the Washington Climate Commitment Act with additional state funding to boost clean energy technology innovation and support clean energy planning, design and construction projects throughout the state.
Worley has been working with VPI since 2022 to deliver the front-end engineering design for the carbon capture retrofit at the Immingham plant. Under this new contract Worley will support the engineering, procurement, and construction development phase. This will help to prepare for the EPC of the project, pending a final investment decision next year.
The Australian Government is supporting new ways to capture carbon dioxide and put it to use, to help reduce emissions from hard-to-abate industries and advance Australia’s net zero transformation. Through the Carbon Capture Technologies Program, the government is investing $65 million in 7 projects that will use emerging technologies to decarbonize hard-to-abate industrial processes and directly remove carbon dioxide from the atmosphere.
Synergia Energy Limited announced the commencement of a farm out process concerning its Medway Hub Camelot CCS project in the UK. Synergia and its partner, Wintershall Dea, each hold a 50% interest in the CS019 Camelot carbon storage license, with Synergia as designated operator.
ArcelorMittal and partners Mitsubishi Heavy Industries, Ltd., BHP, along with Mitsubishi Development Pty Ltd have successfully started operating a pilot carbon capture unit on the blast furnace off-gas at ArcelorMittal Gent in Belgium. The pilot unit will operate for one to two years to test the feasibility of progress to full-scale deployment of the technology, which would be able to capture a sizeable portion of the Gent site emissions, if successful.
Spiritus, the climate tech company pioneering cost-effective solutions for scalable direct air capture of carbon removal, entered into a memorandum of understanding with Aramco, one of the world’s leading global energy and chemicals companies, and has additionally announced that it received an equity investment in the company in November 2023, from Aramco Ventures.
Q&A with Brooks Wallace, VP, Communications & Marketing at Deep Sky Questions by Danielle Piekarski & Photos by Deep Sky
Transitioning to net-zero emissions presents formidable challenges, particularly in the context of existing energy infrastructure.
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