February 15, 2024
BY Celanese
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Technip Energies and Shell Catalysts & Technologies have signed their global alliance agreement to work exclusively together to deliver a post-combustion amine-based carbon capture solution using Shell’s CANSOLV1 CO2 Capture System.
Cresta Fund Management LLC (Cresta), a Dallas-based private equity firm that invests in low-carbon molecule infrastructure and solutions, announced an investment in Lapis Carbon Solutions (Lapis) through its recently launched Cresta Sustainable Fund II (Sust. Fund II). The new co-investment is expected to accelerate the development of Lapis’ anchor projects and expand the broader pipeline of project opportunities.
1PointFive, a carbon capture, utilization, and sequestration (CCUS) company, announced that Palo Alto Networks purchased 10,000 tons of carbon dioxide removal (CDR) credits over five years enabled by Direct Air Capture (DAC). The agreement demonstrates the increasing adoption of durable carbon removal technologies as a solution to address emissions.
SeaO₂, together with TU Delft, University of Twente, and NERA, has secured €1.64 million in funding from the TKI Energy and Industry program. The project aims to develop a decentralized and fully integrated process for producing sustainable aviation fuel (e-SAF) using seawater, renewable electricity, and captured CO₂.
Carbon Clean announced the official opening of its new Global Innovation Centre (GIC) in Navi Mumbai, India. The GIC will be one of the world’s largest dedicated carbon capture research facilities, spanning 77,121 square feet and housing two carbon capture plants alongside state-of-the-art laboratories for solvent development, analysis, and testing. It will serve as a hub for research, innovation, and technology demonstration.