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Scotland’s Carbon Capture partners with Iona Capital

November 14, 2023

BY Carbon Capture Scotland

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Deep Sky Secures First-of-its-Kind Financing with Finalta Capital to Advance Carbon Removal in Canada

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By Deep Sky

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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.

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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.

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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.

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Chemists at the University of Copenhagen have developed a method to transform PET plastic waste into a powerful new material for CO₂ capture. The material, called BAETA, can absorb carbon emissions efficiently and be regenerated for reuse, offering a scalable, low-energy alternative to existing capture technologies.

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North Dakota’s Department of Agriculture is inviting grant proposals from ethanol producers under its Low Carbon Fuels Program, aiming to fund capital projects that cut carbon intensity.

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