Photo: Boral Limited
September 17, 2025
BY Boral Limited
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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.
Babcock’s LGE business has secured Approval in Principle from Lloyd’s Register for its ecoCPTR® onboard carbon capture system. The technology combines Aqualung’s facilitated transport membrane capture with Babcock’s ecoCO2® system, offering a compact, modular solution for both new and retrofitted vessels.
Capsol Technologies has been awarded a feasibility study for a European Bioenergy with Carbon Capture and Storage (BECCS) project. The biomass-fired combined heat-and-power plant under evaluation could remove more than 200,000 tonnes of CO₂ annually while supplying renewable heat to local communities.
PTTEP has reached a final investment decision on Thailand’s first carbon capture and storage project at the Arthit gas field. With operations expected to start in 2028, the project will capture and store up to 1 million tonnes of CO₂ annually while aligning with the nation’s Net Zero targets.
Latvia’s Prime Minister Evika Siliņa recently visited SCHWENK’s cement plant in Brocēni to see Capsol Technologies’ carbon capture unit in action. The demonstration highlighted CapsolGo®’s ability to efficiently capture CO₂ while integrating seamlessly with existing plant operations.