Deep Sky and TD Bank Group have signed a 10-year agreement under which TD will purchase more than 18,000 verified direct air capture carbon dioxide removal credits. The agreement supports the development of permanent carbon removal infrastructure in Canada and provides TD with Canadian-produced carbon removal credits over the next decade.
Deep Sky and ENGIE have formed a partnership covering carbon credit procurement, joint research and market development, with ENGIE committing to purchase up to 15,000 direct air capture carbon removal credits to support the scaling of durable carbon removal.
Deep Sky has formed a strategic partnership with Sumitomo Mitsui Banking Corporation to accelerate direct air capture and carbon dioxide removal solutions in Japan. The collaboration will focus on commercial pathways, financing models and policy frameworks to help scale durable CDR.
Deep Sky announced the deployment of Airbus’s Direct Air Capture (DAC) technology at its Deep Sky Alpha facility in Innisfail, Alberta. The modular DAC unit, derived from Airbus space life-support systems, removes 250 tons of CO₂ annually using a solid amine-based filtration and energy-recovery process. As part of its role as a carbon-removal project developer, Deep Sky continues to expand its portfolio by partnering with multiple DAC technology providers and operating what it calls the world’s first carbon-removal commercialization center. Supported by significant investments—including a USD $40 million grant from Breakthrough Energy Catalyst and long-term carbon credit purchase agreements with the Royal Bank of Canada and Microsoft—the company aims to scale carbon-removal solutions across Canada.
Deep Sky has selected Manitoba as the location, in Southwestern Manitoba, for its next commercial carbon removal facility, Deep Sky Manitoba.
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.
Deep Sky, in partnership with Quebec-based Skyrenu, has completed North America’s first permanent underground storage of CO₂ captured directly from the atmosphere, a full carbon removal loop achieved at Deep Sky Alpha in Innisfail, Alberta.
ClimeFi announced it has initiated rating coverage on Canadian company Deep Sky – the world’s first technology-agnostic project developer for DAC. Deep Sky Alpha is the first of Deep Sky’s projects to be fully covered by ClimeFi, while rating coverage for Deep Sky One is also underway.
UK-based global renewable energy company, Low Carbon, has announced that it has entered into a Power Purchase Agreement (PPA) with Deep Sky, the Quebec-based carbon removal project developer.
Deep Sky announced that it has secured a USD $40 million grant commitment from Breakthrough Energy Catalyst which will be allocated to the construction of Deep Sky Alpha and its associated research and testing of direct air capture (DAC) technologies.