
Accelerate development of next-generation CO2 capture technology under joint development with ExxonMobil // PHOTO: Mitsubishi Heavy Industries
January 23, 2024
BY Mitsubishi Heavy Industries
Advertisement
Advertisement
Australian startup MCi Carbon plans to raise US$50 million to expand its carbon capture technology after opening a demonstration plant in Newcastle. The company's process converts captured CO2 into materials used in construction, positioning it to benefit from growing global demand for carbon reduction solutions.
MIT researchers have identified a new electrochemical approach to carbon capture using N-heterocyclic imine-based sorbents. The technology could reduce the energy demands of carbon capture systems while improving scalability and flexibility, offering a potential pathway toward more efficient carbon dioxide removal and utilization.
Mazda successfully demonstrated onboard CO₂ capture and storage during the Super Taikyu Series 2026, capturing 804 grams of CO₂ over a 24-hour race. The achievement marks a significant step toward practical application of the technology and Mazda’s goal of realizing carbon-negative mobility by 2035.
Holcim has launched CaptureLab, the cement industry's first industrial-scale carbon capture test platform, in Martres-Tolosane, France. The 2,500-square-meter facility uses an open innovation model to allow manufacturers, startups and researchers to test and validate advanced capture technologies in real-world conditions. The platform launches with an initial pilot project in partnership with Air Liquide.
The U.S. Department of Energy has selected the TerraSpark Energy Campus to receive up to $18.5 million in federal funding to support development of a 1.6-gigawatt coal-fired power facility with carbon capture technology in West Virginia. The project is expected to advance engineering and permitting work while supporting energy production, carbon management and job creation.