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.
Viridien has released phase 2 of its GeoVerse™ Carbon Storage Screening Study of the Gulf of Mexico after the successful delivery of phase 1 last year. The final product complements Viridien’s multi-client seismic data to provide comprehensive subsurface data coverage over the US Gulf of Mexico shallow waters and coastal areas.
Carbon Capture & Commercialization Corp (CC&C), a pioneer in direct air carbon capture technology, announced it has secured an investment letter of intent from Demisar Investments. This potential investment marks a significant step forward in CC&C's mission to develop and deploy cost-effective carbon capture solutions globally.
Lloyd’s Register (LR) has assigned its first class notation for carbon capture onboard a ship to Eastern Pacific Shipping (EPS)-owned Pacific Cobalt. The 50,000 dwt mid-range chemical carrier retrofit features a prefabricated Onboard Carbon Capture & Storage (OCCS) system supplied by Value Maritime, to significantly reduce exhaust emissions.
Metsä Group’s production units annually generate around 12 million tonnes of wood-based carbon dioxide, and the company is increasingly focusing on promoting its large-scale capture.
Heidelberg Materials North America announced it has finalized award negotiations with the U.S. Department of Energy’s (DOE) Office of Clean Energy Demonstrations (OCED). Following negotiations, OCED awarded the Mitchell Cement Plant Decarbonization Project as part of its Industrial Demonstrations Program with $300,000 to begin Phase 1 of the project.
RepAir Carbon US Inc., developer of a uniquely energy-efficient Direct Air Capture technology, and C-Questra, an independent European carbon storage startup, announced a strategic partnership to develop the European Union's first onshore Direct Air Capture and Storage project in France.
Opus One Winery is among the first wineries in the world to expand their deployment of Chart Industries, Inc. carbon capture solutions. For the last two years, Opus One has implemented Chart’s Earthly Labs’ CiCi solution to capture carbon dioxide (CO2) during red wine fermentation and plans to expand the deployment to double the CO2 captured during the 2024 Harvest.
Marsh announced the launch of a new insurance solution specifically designed for the transportation and storage of carbon dioxide (CO2). Available to projects globally, Marsh’s unique solution addresses critical insurance limitations that have previously hindered the rapid advancement of the carbon capture and storage industry.
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.
Promethean Particles Secures £8M Series A Investment to Scale-Up Advanced MOF Manufacturing
August 19, 2024
Promethean Particles, a chemical manufacturing company specializing in metal-organic frameworks (MOFs), announced the closing of a £8M financing round. Promethean currently produces a wide portfolio of MOFs for various customer applications including carbon capture and storage, biogas upgrading, water harvesting and gas separation and storage.
Capsol Technologies has signed a contract for the delivery of two CapsolGo® carbon capture demonstration campaigns at SCHWENK’s Building Material Group’s Brocēni cement plant in Latvia and the Akmenės Cementas cement plant in Lithuania.
8 Rivers Capital, LLC, a world-leading decarbonization technology and project developer has embarked on the development of a zero-emissions turbine that will create electricity (~270MWe) from captured carbon dioxide with Siemens Energy, one of the world’s leading energy technology companies.
The GIS CCUS Brazil platform brings together, on a single website, all public information on carbon capture and storage in the country. Online and free, it provides essential data for the implementation of new projects, such as the amounts of CO2 emitted, existing national infrastructure and potential reservoirs for geological storage.
The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management announced up to $52.5 million to advance carbon dioxide removal technologies that reduce legacy carbon dioxide (CO2) pollution by removing it directly from the atmosphere to counter-balance emissions from hard-to-abate sectors, such as aviation and shipping.
InCapture announced the award of Greenhouse Gas Assessment Permit G-15-AP, strategically situated on the North West Shelf of Australia. The award marks a significant step towards a greener future, setting the stage for innovative carbon capture and storage solutions that promise to transform the region’s approach to managing industrial emissions.
CarbonQuest announced the initial closing on its Series A funding from Riverbend Energy Group. The funding will enable CarbonQuest to offer its Distributed Carbon Capture™ technology to a broader range of carbon emitters and accelerate market penetration of its cost-effective and economically viable solution.
The U.S. Department of Energy’s (DOE’s) Office of Fossil Energy and Carbon Management announced the selection of nine university and industry-led projects to receive $44.5 million in federal funding to advance commercial-scale carbon capture, transport, and storage across the United States.
Spiritus announced the filing of a Class VI permit application with the Wyoming Department of Environmental Quality for its Orchard One project. This milestone paves the way for what could become the world’s largest Direct Air Capture (DAC) facility, designed to remove 2 million tons of CO2 annually from the atmosphere, with first-phase operations beginning by 2026 at a fraction of current industry costs.
Calpine announced that it has executed a cost share agreement with the U.S. Department of Energy Office of Clean Energy Demonstrations for the Sutter Decarbonization Project, a full-scale carbon capture demonstration project at its Sutter Energy Center.
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