
Photo: CURA
March 18, 2026
BY CURA
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Aker Solutions has been awarded a front-end engineering and design contract by KN Energies for a CO₂ transshipment terminal in Klaipėda, Lithuania, part of the EU-backed CCS Baltic Consortium. The terminal, designed to handle approximately 2.8 million tonnes of CO₂ per year from Lithuanian and Latvian industrial sources, is targeted for commercial operation in 2030, with a final investment decision planned for 2027.
Svante Technologies and a sustainable packaging company have moved a BECCS project at a southeastern U.S. paper mill into feasibility study, targeting removal of more than 500,000 tonnes of biogenic CO₂ per year with permanent storage planned in the Gulf Coast region.
Kent has been awarded a front-end engineering design contract by EnEarth for the Prinos CO₂ Storage Project in northern Greece, a first-of-its-kind permitted carbon storage facility in the Mediterranean designed to store up to 2.8 million tonnes of CO₂ annually by 2029.
Svante Technologies has acquired Carbon Alpha Corporation, gaining the North Star BECCS project in Saskatchewan — developed alongside the Meadow Lake Tribal Council — along with CO2 pipeline and storage assets, as the company moves to build out a fully integrated carbon management platform in western Canada.
Carbon Direct and C2X have partnered on the Beaver Lake Biofuels project in Louisiana, which will convert forestry residues into low‑carbon biomethanol and store 1 million tonnes of CO₂ per year. The project repurposes a former industrial site, supports local jobs, and has already secured major long‑term commitments—including 3.6 million tonnes of removals for Microsoft. The facility is expected to begin delivery in 2029 and will help meet growing demand for biomethanol in shipping and aviation.