Return to Today's Publications

 

Newsletter:
Date Range (YYYY-MM-DD) -
Company, Industry or Technology:
  Search Tips


Iceland CCS Project Construction Underway (Int'l. Report)
Climeworks, Carbfix
Date: 2020-12-04
Following up on our 28th August report, construction of the world's first large-scale carbon capture and storage (CCS) plant in Iceland is now underway. The facility, called "Orca", uses fans to suck in air and filter out some 90 pct of its CO2, which is turned into carbonate minerals for storage underground. The facility is expected to remove 4,000 tpy of CO2 from the atmosphere.

Project participant include Switzerland-based Climeworks, which makes the CO2 collectors, Carbfix, which owns the CO2 "mineralising" technology and Iceland's ON Power, which will power the plant with geothermal energy. Construction began in November for completion and commissioning in spring, 2021. (Source: Climeworks, Global Const. Review, Dec., 2020) Contact: Climeworks, Christoph Gebald, CEO, +41 44 533 2999, www.climeworks.com; ON Power, Berglind Ran Olafsdottir, CEO, www.on.is; Carbfix, www.carbfix.com

More Low-Carbon Energy News Climeworks ,  CCS,  Geothermal,  Cabfix,  ON Power,  


Climeworks Touts Iceland Geothermal-Powered CCS Project (Int'l.)
Climeworks ,Carbfix
Date: 2020-08-28
ETH Zurich University spin-off carbon capture firm Climeworks AG reports it will partner with Carbfix and ON Power in a geothermal powered direct air carbon capture and storage (DACCS) project in Iceland.

The planned facility will have the capacity to remove 4,000 tpy of carbon dioxide (CO2) from the air using Climeworks' direct air capture (DAC) technology and Reykjavik Energy subsidiary Carbfix's natural underground mineralisation carbon storage method. (Source: Climeworks, PR 26 Aug., 2020) Contact: ON Power, Berglind Ran Olafsdottir, CEO, www.on.is; Climeworks, Christoph Gebald, CEO, +41 44 533 2999, www.climeworks.com; CarbFix, www.carbfix.com

More Low-Carbon Energy News Carbfix,  Climeworks ,  CCS,  Geothermal,  


Climeworks Announces Iceland Carbon Capture Plant (Int'l. Report)
Climeworks
Date: 2020-07-29
Zurich-headquartered carbon capture technology specialist Climeworks AG is reporting its first carbon removal plant located on the slopes of an active volcano in south-west Iceland.

The plant is powered by waste heat from a geothermal energy plant using direct air carbon capture technology (DAC).

Climeworks technology consist of modular CO2 collectors that can be stacked to build machines of any size. Climeworks direct air capture machines are powered solely by renewable energy or energy-from-waste. Grey emissions are below 10 pct, which means that out of 100 tons of carbon dioxide that our machines capture from the air, at least 90 tons are permanently removed and only up to 10 tons are re-emitted, according to the company website. (Source: Climeworks, BTN News, 28 July, 2020) Contact: Climeworks, Jan Wurzbacher, co-founder and co-director, +41 44 533 2999, www.climeworks.com

More Low-Carbon Energy News Carbon Capture,  Climeworks,  Carbon Offset,  Carbon Credit,  Climate Change,  


Norsk e-Fuel Plans Norwegian Renewable Fuel Plant (Int'l. Report)
Norsk e-Fuel
Date: 2020-06-10
The Norwegian consortium Norsk e-Fuel reports it is planning Europe's first commercial plant in Heroya, Norway for hydrogen-based renewable aviation fuel. The plant will produce 10 million lpy when commissioned in 2023 before expanding production to 100 million lpy of renewable fuel before 2026, according to a Reuters report.

Using electrolysis, renewable energy, water and CO2 captured from air are converted into syngas. Renewable fuels, such as jet fuel, are then produced through further processing and refining. The end products can then be used directly in existing infrastructures, the consortium said. The upscaled, industrial sized plant will serve as blueprint for a nationwide roll-out of the project, it added.

The consortium members include: Sunfire GmbH; carbon dioxide capture technology firm Climeworks AG; engineering company Paul Wurth SA and green investment company Valinor. (Source: Norsk e-Fuel, Reuters, 9 June, 2020) Contact: Norsk e-Fuel, info@norsk-e-fuel.com, www.norsk-e-fuel.com/en

More Low-Carbon Energy News Norsk e-Fuel news,  Aviation Fuel news,  Renewable Fuel news,  


Climeworks AG Raises $76Mn (Int'l. Report)
Climeworks AG
Date: 2020-06-03
Zurich-headquartered carbon capture technology specialist Climeworks AG reports it raised 73 million Swiss francs ($76 million) in a private funding round -- the biggest private investment in a direct air capture firm to date, according to Climeworks.

Climeworks' technology captures CO2 from the air and stores it in solid state underground. (Source: Climeworks, Bloomberg, June, 2020) Contact: Climeworks, Christoph Gebald, co-CEO, +41 44 533 2999, www.climeworks.com

More Low-Carbon Energy News Direct Air Carbon Capture,  Climeworks AG,  CCS,  Carbon Emissions,  Carbon Capture,  


KIT Atmospheric CO2-to-Carbon Black Pilot Underway (Int'l, R&D)
NOCEC,Karlsruhe Institute of Technology
Date: 2020-03-27
In Germany, the Karlsruhe Institute of Technology (KIT) is reporting the NECOC Technologies for Negative Greenhouse Gas Emissions Research Project is now under way.

In the NECOC research project, an integrated pilot plant is being constructed to test a new process for reducing the greenhouse gas CO2 in the atmosphere and to produce carbon black -- a high-quality, solid carbon with industrial applications.

Project partners include INERATEC GmbH, a spinoff of KIT, and Climeworks AG, a spinoff of ETH Zurich. The research project, scheduled for a duration of three years, is funded with a total of €1.5 million by the Federal Ministry for Economic Affairs and Energy (BMWi). (Source: Karlsruhe Institute of Technology, 25 Mar.,2020)Contact: Karlsruhe Institute of Technology, Professor Thomas Wetzel of the Institute of Thermal Process Engineering, Martin Heidelberger, +49 721 608-21169, martin.heidelberger@kit.edu, www.kit.edu, www.tvt.kit.edu/21_3547.php; Climeworks AG, Jan Wurzbacher and Christoph Gebald, co-founder and co-CEO, +41 44 533 2999, www.climeworks.com; ETH Zurich, +41 44 632 03 52, www.up.ethz.ch

More Low-Carbon Energy News ETH Zurich,  Climeworks,  Carbon Emissions,  CO2,  Carbon Black,  NOCEC,  Karlsruhe Institute of Technology,  Carbon Black,  


Svante, Climeworks Partner on Carbon Capture Tech. (Ind. Report)
Svante ,Climeworks
Date: 2020-01-29
Burnaby, British Columbia-based Svante IncCarbon capture experts Svante Inc of Canada and Zurich-headquartered carbon capture technology specialist Climeworks AG are reporting a joint development agreement that should facilitate the quicker scale-up of their technologies climate-positive carbon solutions for both carbon removal and sectors with unavoidable emissions, such as the concrete and steelmaking industries.

Svante -- f.k.a. Inventys Inc. -- has developed a commercially viable option to capture large-scale CO2 emissions from existing infrastructure. Climeworks offers Direct Air Capture (DAC) solutions that help remove CO2 from the atmosphere. (Source: Climeworks AG, Renewables Now, 28 Jan., 2020) Contact: Svante Inc., Claude Letourneau, , Pres., CEO, Julia McKenna , Inv. Relations, 604.456.0504, jmckenna@svanteinc.com, www.svanteinc.com; Climeworks AG, Jan Wurzbacher and Christoph Gebald, co-founder and co-CEO, +41 44 533 2999, www.climeworks.com

More Low-Carbon Energy News Svante ,  Climeworks,  CO2,  Carbon Emissions,  Carbon Capture ,  


Climeworks Opens Italian Carbon Capture Plant (Int'l Report)
Climeworks
Date: 2018-10-12



Climeworks Opens Italian Carbon Capture Plant (Int'l Report)
Climeworks
Date: 2018-10-01
Zurich-headquartered carbon capture technology specialist Climeworks AG is reporting the opening of its third carbon dioxide capture plant in Troia, Italy. The plant will capture 150 metric tpy of CO2 which will be converted to methane and used as "green gas" transportation fuel.

The plant, which is largely funded by an research grant, is part of the Store & Go Project testing a group of technologies called "power to gas" that can help store energy produced from renewable sources.

With Climeworks technology, the cost to capture one metric ton of carbon dioxide is between $600 and $800, but it should come down as the startup installs more of these units, according to Climeworks. (Source: Climeworks, Quarts, 1 Oct., 2018) Contact: Store & Go Project, Dr. Frank Graf DVGW Research Centre, Engler-Bunte-Institute of Karlsruhe Institute of Technology (KIT) Gas Technology, +49 721 608 41221, graf@dvgw-ebi.de, www.storeandgo.info/about-the-project; Climeworks AG, Jan Wurzbacher and Christoph Gebald, co-founder and co-CEO, +41 44 533 2999, www.climeworks.com

More Low-Carbon Energy News Climeworks,  CCU,  Carbon Capture ,  


Climeworks Raises $31Mn for CO2 Capture Technology (Int'l, Funding)
Climeworks AG
Date: 2018-08-29
Zurich-headquartered carbon capture technology specialist Climeworks AG reports it has raised CHF30.5 million ($31.266 million) in equity funding, from existing and new private investors as well as Zurich Cantonal Bank. The financing round brings the Swiss company another step closer to achieving its vision of capturing one per cent of global CO2 emissions by 2025.

Funds will be used to further industrialize Climeworks' modular and scalable direct air capture (DAC) technology, reduce costs significantly and prepare for mass production. Since 2017, the company has built nine direct air capture plants for three different market segments in 6 countries.

In May 2017, Climeworks launched the world's first commercial DAC plant in Hinwil, Switzerland. In November Climeworks opened the world's first DAC plant in combination with underground sequestration of CO2 in Iceland. (Source: Climeworks AG, Equity Wire,28 Aug., 2018) Contact: Climeworks AG, Jan Wurzbacher and Christoph Gebald, co-founder and co-CEO, +41 44 533 2999, www.climeworks.com

More Low-Carbon Energy News Climeworks AG,  

Showing 1 to 10 of 10.