Canada Growth Fund Inc. and Svante announced a financing commitment of up to US $100 million to accelerate the development and construction of Svante’s commercial carbon capture and removal projects in Canada and the US.

Svante announced that its strategic investor and customer, Delek US, has been selected by the U.S. Department of Energy Office of Clean Energy Demonstrations to negotiate a cost-sharing agreement in support of a large-scale Svante carbon capture pilot project at Delek’s Big Spring refinery in Texas.

Svante Technologies and Storegga announced that they have signed a memorandum of understanding (MoU) to collaborate to deliver integrated carbon capture, utilization, and storage (CCUS) projects around the world.

Svante Technologies Inc., has developed a commercial supply agreement with the world’s largest chemical producer, BASF, to scale up its novel metal-organic framework nanomaterial, CALF-20, for the purpose of its carbon capture filter technology.

Deep Sky has joined forces with Svante Technologies Inc. to evaluate the feasibility of sequestering CO2 in Southern Quebec. Together, the companies will fund research to study the ability to capture, transport, and store CO2.