Todd Brix, CEO and Co-Founder, OCOchem
October 31, 2024
BY Todd Brix
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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.
Seabound, a UK-based leader in marine carbon capture, has launched a first-of-its-kind onboard carbon capture project in partnership with Hartmann Group ("Hartmann"), InterMaritime Group ("InterMaritime"), and Heidelberg Materials Northern Europe. The captured carbon, bound in limestone and safely stored onboard, will be offloaded at the Port of Brevik, Norway, for use at Heidelberg Materials’ Brevik cement plant.
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.
Frontier has facilitated offtakes with Arbor, a Bioenergy with Carbon Capture and Storage (BECCS) company that uses waste biomass to create clean energy while removing CO2. These offtakes will enable the launch of Arbor’s first commercial facility and test the viability of a new, highly efficient BECCS approach for generating clean electricity and removing CO₂. The facility, located near Lake Charles, LA, is expected to become fully operational in 2028.