Elimini, a new US-based business with an ambition to be a leader in carbon removals, has been launched at Climate Week NYC. The company is dedicated to permanently removing carbon from the atmosphere while generating renewable, 24/7 power.
Climeworks has signed an agreement with British Airways to remove some of the airline’s CO₂ emissions, using its Direct Air Capture technology. The partnership is designed to help stimulate and then scale the carbon removal market, vital for reaching global climate targets and helping avoid the worst impacts of climate change.
Crescent Midstream has been selected to work on a project that would develop an integrated CCS project in Lake Charles, Louisiana capable of capturing, transporting, and permanently storing CO2 emitted from an Entergy Louisiana-owned natural gas-fueled power plant. It is expected to capture up to three million tons of CO2 per year that would otherwise be emitted on the Louisiana Gulf Coast.
Baker Hughes, an energy technology company, announced the launch of CarbonEdge™, powered by Cordant™, the first end-to-end, risk-based digital platform for CCUS (carbon capture, utilization, and storage) operations that provides comprehensive support, regulatory reporting, and operational risk management.
Alt Carbon has made history as the first India-headquartered company to receive a prepurchase agreement from the prestigious Frontier, the advance market commitment for carbon removal. The purchase will help support the startup’s Darjeeling Revival Project, a breakthrough initiative that combines innovative carbon removal technologies with the revival of India’s historic tea estates.
8 Rivers Capital, LLC announced an investment from JX Nippon Oil Exploration Limited, an affiliate company of JX Nippon Oil & Gas Exploration Corporation into 8 Rivers’ proprietary Calcite direct air capture (DAC) solution. This funding will support the deployment of 8 Rivers' Calcite DAC solution as it moves from pilot into commercial project development.
enfinium announced it has successfully launched the UK’s first carbon capture pilot at an energy from waste site. The launch is a milestone for the sector and for enfinium’s plans to deploy Carbon Capture and Storage (CCS) technology across its UK facilities to generate carbon removals at scale and support the UK’s Net Zero target.
DOE Announces Commitment Toward $2.4B Wabash Valley Resources Project
September 18, 2024
In a groundbreaking move to bolster American agriculture and improve air quality, the Department of Energy’s (DOE) Loan Programs Office has announced a conditional commitment of a $1.559 billion loan—toward a total investment of $2.4 billion—to Wabash Valley Resources (WVR), a pioneer in low-carbon anhydrous ammonia fertilizer production.
enfinium is targeting decarbonization in the waste sector by developing five decarbonization hubs at its facilities across the UK, diverting waste from landfill to generate homegrown energy and doing so in a way that helps to meet net zero targets.
Deep Sky has secured investment from two of Canada’s preeminent financial institutions. National Bank of Canada and BMO have collectively invested $2.5M CAD, demonstrating their support of Deep Sky’s development of carbon removal infrastructure.
Navajo Transitional Energy Company (NTEC) announced that the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) awarded NTEC $6.55 million in funding for a Front End Engineering Design (FEED) study to evaluate the feasibility of adding carbon capture and storage (CCS) to Four Corners Power Plant (FCPP).
The Washington State Department of Commerce announced 46 grants funded by the Washington Climate Commitment Act with additional state funding to boost clean energy technology innovation and support clean energy planning, design and construction projects throughout the state.
PPL Corporation announced it has executed an agreement with the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) for an award up to $72 million to help fund a groundbreaking carbon dioxide (CO₂) capture research and development project at the company's natural gas combined-cycle generation facility in Louisville, Kentucky.
1PointFive, a wholly owned subsidiary of Occidental, announced that the U.S. Department of Energy’s (DOE) Office of Clean Energy Demonstrations (OCED) will provide up to $500 million to support the development of the South Texas Direct Air Capture (DAC) Hub.
Aquaterra Energy announced the launch of its legacy well re-entry and re-abandonment services along with its new patent-pending Recoverable Abandonment Frame (RAF). The combined solution will address challenges in locating, re-entering and re-abandoning legacy wells that penetrate, or pass through, offshore oil and gas reservoirs or saline aquifers that have been earmarked to be repurposed for carbon dioxide (CO2) or hydrogen storage.
Holocene, alongside the carbon removal team at Google, is sharing the first-of-its-kind, record setting direct air capture (DAC) offtake agreement with the world. A $10 million agreement to deliver $100 per ton carbon removal services in the early 2030s.
Marquis Carbon Capture joins a distinguished group of ethanol biorefineries, associations, and businesses from across Iowa, Illinois, Kansas, Michigan, Missouri, Nebraska, North Carolina, North Dakota, Ohio, South Dakota, Tennessee, Virginia, and Washington, D.C.
Babcock & Wilcox (B&W) announced that it has been awarded a contract to conduct front-end engineering and design (FEED) for Varme Energy Inc.’s planned waste-to-energy with carbon capture and sequestration (CCS) project in Alberta, Canada.
Mantel Capture, Inc. (Mantel), the technology provider of a carbon capture system using molten borates, announced it has raised $30 million in Series A funding co-led by Shell Ventures and Eni Next. The funding will be used to implement a demonstration project at an industrial site and help pave the way for full-scale commercial deployment of Mantel’s high-temperature carbon capture systems.
Harvestone Low Carbon Partners (HCLP) announced that it closed a first-of-its kind tax equity financing with Bank of America. The transaction is associated with HLCP’s wholly owned subsidiary, Blue Flint Ethanol and associated Blue Flint companies, located near Underwood, North Dakota, which together, are generating, capturing, and sequestering biogenic carbon dioxide (CO2).
Oxylus Energy, developer of a novel carbon utilization technology for the production of e-fuels, announced the close of its $4.5 million Series Seed investment co-led by Toyota Ventures and Azolla Ventures with participation from Earth Foundry and Connecticut Innovations. Oxylus' solution is the first low-temperature and low-pressure conversion of carbon dioxide to green methanol, a liquid fuel.
A new, biomass-based material developed by FAMU-FSU (Florida Agricultural and Mechanical University and Florida State University) College of Engineering researchers can be used to repeatedly capture and release carbon dioxide.
Cory has announced a strategic partnership with Shell Catalysts & Technologies and Technip Energies on its planned carbon capture and storage project. Its proposed CCS project will use Shell’s cutting-edge CANSOLV* CO2 Capture System to capture the CO2 emitted at its Riverside 1 and Riverside 2 energy-from-waste plants in Southeast London. Once complete, the project will capture approximately 1.4 million tons of CO2 per year by 2030.
Carbon Reform announced an investment from Cisco Foundation. This strategic investment will help fuel Carbon Reform’s mission to create healthy and energy efficient buildings. Carbon Reform offers a comprehensive suite of solutions to address the complex challenges facing building owners and operators.
Eni and Snam, within the framework of the equal Joint Venture set up for the purpose, announced the commencement of CO2 injection activities in the reservoir for Phase 1 of Ravenna CCS. Designed to support industrial decarbonization, Ravenna CCS is the first project for the capture, transport and permanent storage of CO₂ in Italy created for exclusively environmental purposes.
EET Fuels has progressed to the front-end engineering design (FEED) stage of its industrial carbon capture project. The Company has appointed Toyo Engineering India Pvt. Ltd., to carry out the FEED phase - an integral part of the project management process. Toyo-India will oversee design completion, project de-risking, detailed costing analysis and other vital work.
Fernando C. Hernandez is a low-carbon technologist from the U.S. whose efforts to preserve the biosphere influenced foreign policy via Brazil's senate passing South America's first Carbon Capture Storage legislation. This included his engagement with the U.S. Department of Energy on this initiative. He is now bringing his strong European focus to Brazil's low-carbon realm.
The Vietnam Petroleum Institute has commissioned Black & Veatch to study carbon-cutting technologies at three coal-fired power plants owned by Vietnam Oil and Gas Group. The study’s objective is to investigate the current carbon capture technology landscape and evaluate the feasibility and effectiveness of applying that technology to the flue gas from the coal-fired power plants.
Western Michigan University will receive $5 million from the U.S. Department of Energy's (DOE) Office of Fossil Energy and Carbon Management as part of a $44.5 million effort to advance commercial-scale carbon capture, transport and storage across the United States.
Carbon Clean announced a Memorandum of Understanding (MOU) with PETRONAS CCS Solutions Sdn Bhd, a subsidiary of Petroliam Nasional Berhad, to jointly collaborate and evaluate Carbon Clean’s carbon capture and storage (CCS) technology.
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