Published by Todd Bush on September 6, 2024
Milan, 5 September 2024 – MAIRE (MAIRE.MI), through its subsidiaries NEXTCHEM (Sustainable Technology Solutions) and KT (Integrated E&C Solutions), acted as technology integrator and completed the full Engineering, Procurement and Construction works for a carbon plant at the ENI natural gas treatment plant of Casalborsetti, near Ravenna, Italy.
>> In Other News: Innovative Carbon Capture Projects Pave the Way for Clean Energy
The facility, which has just started up its operations, is designed to separate, purify and compress a CO2 emissions volume estimated at approximately 25,000 tons per year. The project is delivering a reduction of over 90% of CO₂ emissions, which would otherwise be released into the atmosphere. Operating at carbon concentration lower than 3% and at atmospheric pressure, making the facility the world’s first industrial-scale project with such high levels of carbon capture efficiency.
This project is the first carbon capture plant in Italy and, by supporting the phase 1 of Ravenna CCS, it represents a milestone to consolidate the complete CCS value chain, from capture to sequestration, which is a decarbonisation solution of growing importance playing a critical role in environmental sustainability.
As a technology provider, NEXTCHEM has developed its own innovative process design to integrate a third-party technology, effectively enabling CO_2_ capture from emissions gasses with high efficiency and low power consumption even at extremely low concentrations.
With this project, NEXTCHEM strengthens its track record in CO₂ capture solutions, which are now part of the NX Decarb™ technology aiming at enhancing the efficiency of carbon capture by optimizing heat management and energy use.
Alessandro Bernini, CEO of MAIRE, said: “As a Group, we are dedicated to the development of new high-performance solutions which help decarbonize the hard-to-abate industries. This project is a recognition of our technology offering for prominent market players and our role in boosting the Italian industrial supply chain*.*”
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🏭 Global CCS Hits 113 Projects as Americas Lead Capacity 💰 We're Moving $2M+ to Climate Solutions 💧 China Launches World's First Semi-submersible Offshore Wind-to-hydrogen Platfo...
Inside This Issue 🪨 Inside Blm's 650,000-Acre Bet on Wyoming Carbon Storage 🏭 California Advances Carbon Capture and Removal Regulations Under SB 905 ⚡ Why a Japanese Power Giant Is Betting on Den...
Inside This Issue ⚖️ Colorado Takes Over Class VI Permits: What Changes for CCS? 🏭 Hebei Shoulang Facility Using LanzaTech Technology Achieves World’s First ISCC EU RCF Certification for Ethanol P...
China Launches World's First Semi-Submersible Offshore Wind-to-Hydrogen Platform
The world's first semi-submersible offshore wind-to-hydrogen platform has floated in Jiangmen, south China's Guangdong Province, opening a new avenue for the development and utilization of clean ma...
We’re Moving $2M+ to Climate Solutions
New companies, new ways to back existing ones, and every purchase built to pull in more capital We’re adding new companies to our portfolio and getting creative with how we put more money behind e...
Citi Closes $72 Million Carbon Removal-Linked Note to Support Applied Carbon Biochar Project
HIGHLIGHTS Citi structured an innovative $72 million carbon removal-linked note to provide upfront capital for Applied Carbon's biochar project, marking a first-of-its-kind "outcome bond" for ver...
New platform opens access to the same rigorous project evaluations trusted by the world's leading carbon removal procurement programs Today, Relae (formerly Carbon Direct) launched The Diligence C...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.