January 23, 2024
BY Ofgem
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Microsoft’s Climate Innovation Fund has invested in Fortera to scale production of its ReAct™ low-carbon cement, securing rights to procure cement and environmental attribute certificates. The funding supports the construction of Fortera’s first full-scale 400,000 ton-per-year commercial plant.
GE Vernova and Deep Sky announced an agreement to deploy GE Vernova's Direct Air Capture (DAC) technology at Deep Sky Alpha in Alberta, Canada, marking a major step toward commercial-scale carbon removal. The system, scheduled to begin operations in 2026, will capture up to 1,500 tonnes of CO₂.
Aircapture has partnered with AIZAWA Concrete Corporation to launch Japan’s first commercial direct air capture (DAC) installation at AIZAWA’s Fukushima R&D Center. The project will provide a reliable on-site CO₂ supply for permanent mineralization in concrete.
Deep Sky has secured an $11 million bespoke credit facility from Finalta Capital to finance its flagship Alpha carbon removal facility in Alberta. Alpha, the world’s first cross-technology carbon removal site, became North America’s first DAC project to sequester CO₂ underground.
Boral has successfully trialed concrete made with recycled aggregates recarbonated via carbon capture technology from its Berrima cement plant. The pilot, supported by the federal CCUS Development Fund, replaced 50% of natural coarse aggregates with recarbonated recycled materials in a low-carbon mix.