Published by Todd Bush on May 1, 2026
Agreement combines carbon credit procurement, market development, and joint research to strengthen the durable carbon removal market
MONTRÉAL, April 30, 2026 /PRNewswire/ - Deep Sky today announced a strategic partnership with ENGIE covering carbon credit procurement, joint research, and market development. Under the agreement, ENGIE will procure up to 15,000 carbon removal credits from Deep Sky's direct air capture (DAC) facilities.
"ENGIE, with its commitment to net zero by 2045, aligns with the urgency of climate timelines outlined by the IPCC and reflects the kind of leadership needed to scale the carbon removal market," said Charlie Renzoni, Vice President of Carbon Markets at Deep Sky. "Partnerships like this help ensure direct air capture can meet growing market demand by bridging the gap between innovation and industrial-scale deployment."
>> In Other News: Deputy Minister Nomalungelo Gina Launches Mobile Hydrogen Refuelling Station in NW University, 30 Apr
The companies will also collaborate on research focused on DAC responsiveness to dynamic energy loads and energy systems integration, supporting Deep Sky's work to optimize power integration into DAC deployments, improve efficiency, and reduce costs.
The partnership supports ENGIE's decarbonization, research, and innovation priorities, contributing to broader market growth for durable carbon removal. The collaboration is also intended to inform future commercial-scale DAC deployments globally.
Deep Sky is a technology-agnostic direct air capture and storage project developer focused on scaling carbon removal. The company develops and operates DAC and geological carbon storage infrastructure by partnering with leading capture technology providers rather than relying on a single solution. It uses operational data to improve efficiency while delivering credits that meet high standards of permanence, additionality, and transparency.
Deep Sky is a Canadian carbon removal company developing large-scale direct air capture and storage projects. Through its technology-agnostic platform, Deep Sky deploys, tests, and scales multiple leading DAC technologies in real operating conditions, building the shared infrastructure required to move carbon removal from laboratory concept to industrial reality. Deep Sky Alpha, located in Innisfail, Alberta, is the world's first cross-technology DAC commercialization and innovation centre. Deep Sky's founding buyers include Microsoft and Royal Bank of Canada, with additional offtake agreements with Google through Frontier Climate and other leading institutions.www.deepskyclimate.com
SOURCE Deep Sky
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue ⚡ AirPlant One Opens in Moses Lake: America's First Commercial E-Jet Fuel Plant Begins Operations 🏗️ Inside Holcim’s CaptureLab, Our Industry’s First Carbon Capture Test Platform...
Inside This Issue 🏭 Stratos DAC Delay: Inside the Holdup at the World's Largest Carbon Capture Plant 🍁 TD Bank Signs Two DAC Deals in a Week: Deep Sky Is First 🛫 Technip Energies, Airbus, Safran a...
Inside This Issue 🧪 Charm Industrial Secures 61,500-Ton Carbon Removal Purchase and $20 Million Debt Financing to Catalyze Growth ✈️ IATA Urges Bigger Green Aviation Fuel Push as Production Stagna...
From Concept to Reality: Exmar Takes Delivery of First Ammonia-Fuelled Oceangoing Ship
The first in a series of ofur midsize gas carriers, Antwerpen will act as a proving ground for ammonia as a marine fuel, advancing low- and zero-carbon fuels and informing future vessel design Up ...
Bayer Hopes to Speed Up Biofuel Feedstock Plan Amid Iran War Energy Crunch
LONDON, June 10 (Reuters) - Bayer (BAYGn.DE), opens new tab is hoping to speed up a plan to facilitate North American production of biofuel feedstocks like camelina in the wake of the Iran war, the...
Mitsubishi Electric and Finland's VTT Establish Core Technology for Direct Ocean Capture
System uses gas-capture method and will accelerate societal implementation by integrating with existing infrastructure TOKYO--(Business Wire)--Mitsubishi Electric Corporation (TOKYO: 6503) today a...
FASTECH and Bosch Rexroth to Build World's Largest Hydrogen Refueling Station for Transit Buses
San Mateo County, California, USA, June 10, 2026 (GLOBE NEWSWIRE) -- FASTECH, in collaboration with Bosch Rexroth, announced that they have been contracted by the San Mateo County Transit District ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.