Climate-tech startup CarbonBlue has announced the completion of a seed funding round to scale up and deploy its groundbreaking water-based Carbon Dioxide Removal technology, bringing the funding raised by the company to $10 million. The financing will allow the company to expand its global operations, scale up its technology and pursue novel integrations with water-utilizing industrial facilities.
The Australian Government is supporting new ways to capture carbon dioxide and put it to use, to help reduce emissions from hard-to-abate industries and advance Australia’s net zero transformation. Through the Carbon Capture Technologies Program, the government is investing $65 million in 7 projects that will use emerging technologies to decarbonize hard-to-abate industrial processes and directly remove carbon dioxide from the atmosphere.
Carbon Capture LLC announced significant progress in its revolutionary carbon capture solution, developed in collaboration with Haydale Graphene Industries plc. Following a successful feasibility study, Carbon Capture has completed a prototype device leveraging Haydale's proprietary plasma functionalized graphene. The study demonstrated the efficacy of capturing carbon dioxide from the atmosphere using this innovative technology.
The Acorn Carbon transport and storage project, a project that aims to capture, transport and safely store CO2 emissions from across Scotland, will be granted £2 million from the Scottish Government.
Air Liquide's large scale CO₂ liquefaction technology, Cryocap™ LQ, has been selected by Stockholm Exergi to contribute to its Bio-Energy Carbon Capture & Storage (BECCS) project. The CO₂ liquefaction solution allows to transport CO₂ over long distances to carbon sinks for permanent storage, contributing to the viability of CCS projects and emergence of a low-carbon industry.
Methanex Corporation and Entropy Inc. have entered into an agreement to invest in a Preliminary Front-End Engineering and Design study for carbon capture, utilization and sequestration (“CCUS”) deployment at Methanex’s Medicine Hat, Alberta facility.
Shell announced the Final Investment Decision for Polaris, a carbon capture project at the Shell Energy and Chemicals Park, Scotford in Alberta, Canada. Polaris is designed to capture approximately 650,000 tons of CO2 annually from the Shell-owned Scotford refinery and chemicals complex.
A team of scientists from Heriot-Watt University is behind a pioneering platform named PrISMa (Process-Informed design of tailor-made Sorbent Materials) which uses advanced simulations and machine learning to find the most cost-effective and sustainable material-capture process combinations prior to implementation.
BlueGreen Water Technologies Raises Millions in Series B Funding to Accelerate Water-Based CO2 Removal at Scale
By BlueGreen Water Technologies
July 17, 2024
BlueGreen Water Technologies announced the successful closing of its Series B2 funding round in the double-digit millions. The round was led by TAU Capital, with support from OurCrowd. BlueGreen will utilize the funding to accelerate its market penetration rehabilitating entire aquatic ecosystems from toxic algal blooms and to continue the development of its carbon dioxide removal business unit.
Aramco has signed definitive agreements to acquire an equity interest in the Jubail-based Blue Hydrogen Industrial Gases Company, a wholly-owned subsidiary of Air Products Qudra. The transaction, which is subject to standard closing conditions, will also include options for Aramco to offtake hydrogen and nitrogen.
CF Industries Holdings, Inc. and POET LLC announced a collaboration to pilot the use of low-carbon ammonia fertilizer to reduce the carbon intensity of corn production and ethanol. Demand for ethanol with a lower carbon intensity is expected to increase significantly to meet low-carbon fuel standards.
TGS announced early access to a comprehensive carbon storage assessment dataset along the Texas and Louisiana Gulf Coast, covering the available General Land Office (GLO) lease blocks. This evaluation will help prospective bidders maximize their bid accuracy, optimize project costs and drive sustainable growth in the CCS sector.
Carbon Engineering announced the purchase of 4.5-acres in the Business Park area of Squamish, British Columbia (B.C.), with plans to build Direct Air Capture research and technology development facilities to complement its existing Innovation Centre in the Oceanfront Squamish area.
Strathcona Resources Ltd. announced a strategic partnership with Canada Growth Fund, a $15 billion arm’s-length public investment vehicle, for the development of carbon capture and sequestration (CCS) infrastructure on Strathcona’s steam-assisted gravity drainage oil sands facilities across Saskatchewan and Alberta.
Nuada announced the opening of its new state-of-the-art facilities in Newtownabbey, Northern Ireland. During the event, guests toured the premises, gaining first-hand insight into Nuada’s exciting achievements, ambitious growth plans and its mission to become a global leader in decarbonizing hard-to-abate industries such as cement and steel.
enfinium has received its first waste delivery by train at its Ferrybridge site in West Yorkshire. This milestone expands the area that enfinium’s Ferrybridge 1 and 2 facilities can receive unrecyclable waste from, reduces road traffic and lowers transport emissions. The trial also highlights the potential for using rail freight to connect the plant to a Carbon Capture and Storage (CCS) cluster, offering an alternative to pipeline connections.
DNV has validated the methodology developed and used by Carbon8, an innovative cleantech company specializing in helping hard-to-abate industries reduce carbon emissions and landfilling of thermal residues. Carbon8’s patented technology permanently captures CO2 at source from hard-to-abate industries and DNV has verified that Carbon8’s methodology satisfies the ISO 14064 part 2 standard.
KC8 Capture Technologies has raised AU $10 million to accelerate the deployment of its technology to critical and hard-to-abate industries. The funding round was led by local and global leaders in energy, construction and chemical manufacturing including Woodside Energy (Woodside), Cemex Ventures (Cemex), and a major petrochemical company.
Value Maritime advances ForestWave sustainability strategy with the supply of two 3MW Filtree Exhaust Gas Cleaning Systems and Carbon Capture units for the general cargo vessels FWN Sea and FWN Sun.
SBM Offshore and Ocean-Power announced the signing of a Memorandum of Understanding with the intent to collaborate on a floating power generation hub with CO2 capture and storage. The purpose of the partnership is to assess the technical feasibility and commercial readiness to collaborate on the concept, exclusive to the Norwegian Continental Shelf and United Kingdom Continental Shelf.
1PointFive announced it has entered into an agreement with Microsoft to sell 500,000 metric tons of carbon dioxide removal (CDR) credits over six years to support Microsoft’s carbon removal strategy. The agreement is the largest single purchase of CDR credits enabled by Direct Air Capture (DAC) to date and highlights the increasing adoption of this climate technology as a solution to help organizations achieve net-zero emissions.
Classification society DNV has published updates to its rules for classification of ships and offshore structures. In addition to rules supporting the development and deployment of decarbonization technologies, the new in-operation class notations seek to bring clarity to the responsibilities of class customers for notations that have a mix of design and operational requirements.
In new research published in ACS Sustainable Chemistry & Engineering, the team developed a technique for ultrafast formation of carbon dioxide hydrates. These unique ice-like materials can bury carbon dioxide in the ocean, preventing it from being released into the atmosphere.
Camber Energy, Inc. shared the most recent announcement from ESG Clean Energy, LLC advising that test results of the recently installed carbon-capture prototype at ESG's facility in Holyoke, MA indicate ESG's patented water removal technology enables at least twice as much carbon to be captured per pound of adsorbent.
Elemental Energies, announced its acquisition of Norway-based Well Management and Consultancy company, Well Expertise AS. The acquisition forms one of the world's largest specialist wells, subsurface and project management companies, boasting more than 230 experts worldwide.
A newly designed catalyst created by U of T Engineering researchers efficiently converts captured carbon into valuable products — even in the presence of a contaminant that degrades the performance of current versions.
Calpine announced that it has executed a cost share agreement with the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations for a full-scale carbon capture demonstration project at its Baytown Energy Center near Houston.
ATCO EnPower announced, that together with partner Shell Canada Limited, the Final Investment Decision (FID) has been made to proceed with the first phase of the Atlas Carbon Storage Hub.
The Iowa Utilities Board (IUB) announced the approval of Summit Carbon Solutions base pipeline project. The project includes 57 ethanol plants across five states.
Nuada's pilot plant has commenced operations, capturing CO2 emissions from the stack of Buzzi Unicem’s cement facility in Monselice, Italy.
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