November 14, 2023
BY CNOOC
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Alt Carbon has made history as the first India-headquartered company to receive a prepurchase agreement from the prestigious Frontier, the advance market commitment for carbon removal. The purchase will help support the startup’s Darjeeling Revival Project, a breakthrough initiative that combines innovative carbon removal technologies with the revival of India’s historic tea estates.
8 Rivers Capital, LLC announced an investment from JX Nippon Oil Exploration Limited, an affiliate company of JX Nippon Oil & Gas Exploration Corporation into 8 Rivers’ proprietary Calcite direct air capture (DAC) solution. This funding will support the deployment of 8 Rivers' Calcite DAC solution as it moves from pilot into commercial project development.
enfinium announced it has successfully launched the UK’s first carbon capture pilot at an energy from waste site. The launch is a milestone for the sector and for enfinium’s plans to deploy Carbon Capture and Storage (CCS) technology across its UK facilities to generate carbon removals at scale and support the UK’s Net Zero target.
enfinium is targeting decarbonization in the waste sector by developing five decarbonization hubs at its facilities across the UK, diverting waste from landfill to generate homegrown energy and doing so in a way that helps to meet net zero targets.
Deep Sky has secured investment from two of Canada’s preeminent financial institutions. National Bank of Canada and BMO have collectively invested $2.5M CAD, demonstrating their support of Deep Sky’s development of carbon removal infrastructure.