Carbon Capture stories

Arca will supply Microsoft with 300,000 tonnes of durable carbon removal over ten years through industrial mineralization, repurposing mining waste to offset CO2.

Kalina Distributed Power has sold allocated megawatts in Alberta for CAD $18 million to a customer developing a major gas-fired power and data centre complex.

Canadian firms Deep Sky and Skyrenu achieve North America's first underground carbon storage via direct air capture at Innisfail, Alberta facility.

British Columbia commits CAD $35 million to its CleanBC Industry Fund, supporting low-carbon industrial projects and job creation across the province.

AWS and IRCAI will fund 23 climate tech startups with USD $4 million in cloud credits to accelerate AI-driven solutions tackling environmental challenges.

The announcement comes as Canada invests in cutting emissions and boosting clean energy jobs before its 2050 net-zero carbon goal.

Satellite thermal imaging now tracks industrial CO2 emissions at facility level, offering independent and real-time verification of environmental impacts.

BW Velora, launched by BW Digital and BW ESS, will develop sustainable data centres in the Nordics and Canada, integrating digital growth with renewable energy.

A new report reveals that Japan, South Korea, and Taiwan offer lucrative opportunities for UK firms in the sustainability technology sector as they tackle decarbonisation.

PepsiCo has launched its third Greenhouse Accelerator Program in Asia Pacific, inviting A/NZ startups to apply for equity-free grants of USD $20,000 and more.

GE Vernova’s first Sustainability Report reveals 2023 milestones, including 29 GW new generating capacity, 20 million tons of CO₂ avoided, and 39% emission cuts.

Allegro Energy has secured AUD $17.5 million in a Series A funding round, led by The Grantham Foundation, to advance its water-based energy storage technology.

Hybrid Anchor, based in Coatbridge, has acquired Edinburgh tech support firm Off Canvas, creating 40 jobs over three years amid its expansion strategy.

STRYDE has secured 11 new seismic data processing contracts across diverse sectors and six countries since July 2023, indicating a growing influence.

The green tech market is set to surge with a 22.4% CAGR from $16.25 billion in 2022 to $122.69 billion by 2032, driven by emerging regions and innovation.

Australian startup Fugu secures seed funding led by Investible to develop solid direct air capture technology aimed at large-scale CO2 removal.

Swiss carbon removal firm neustark has secured $69 million from Decarbonization Partners and Blume Equity to scale up operations across the globe.

Neustark, a Swiss carbon removal firm, raises USD $69 million led by Decarbonisation Partners and Blume Equity to expand its CO2 capture technology globally.

Aspen Technology has launched its AspenTech Strategic Planning for Sustainability Pathways, an innovative model created to assist carbon capture utilisation and decision-making in sustainability strategies.

Dotz Nano secures up to A$12m aimed at further developing and commercialising their innovative carbon capture technology, DOTZearth.