The climate tech firm claims each site can recover up to 250 tonnes of CO2 from the atmosphere a year
Mission Zero Technologies, a London-based startup specialising in carbon removal technology, has opened its third direct air capture plant.
Direct air capture is the process of taking carbon dioxide directly from the atmosphere, as opposed to other forms of carbon capture, which are often placed at the source of emissions.
>> In Other News: Thyssenkrupp Nucera Abandons US Green Hydrogen Projects No Longer Deemed Feasible - CEO
The third deployment of direct air capture technology from the company marks its first international expansion, with the new site based in Alberta, Canada.
According to Mission Zero, the solar-powered system will recover up to 250 tonnes of carbon dioxide from the atmosphere annually. The firm’s previous deployments were done in participation with the University of Sheffield for the first and the Department for Energy Security and Net Zero and OCO Technology for the second.
"I am proud to prove a third commercial use case for our direct air capture technology on a new continent," said Dr Nicholas Chadwick, co-founder and chief executive of Mission Zero.
"This third deployment demonstrates that we’ve established an exportable model for scaling internationally and is a testament to our teams’ ability to deliver critical climate solutions at pace."
Founded in 2020, Mission Zero Technologies last year raised over £20m in its Series A round that saw participation from Bill Gates’ Breakthrough Energy Ventures.
The company is also signed up to participate in an accelerator programme led by aviation giant International Airlines Group (IAG).
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🌽 The Andersons Bets $915M on Low-Carbon Ethanol Plants 🌐 Rad Web Hosting Announces Fossil-Free Internet by 2030 Manifesto, Commits 1% of Revenue to Carbon Removal 💶 EU Earmarks ...
Inside This Issue ✅ Verra Approves First Credits Under CCS Methodology ⚡ Houston-Based Transition Industries Signs EPC Deal for 210 MW Electrolyzer at Pacifico Mexinol 🏗️ Investing in Wyoming’s In...
Inside This Issue ⚖️ Court Sets Aside Kern County Approval of California’s First Carbon Storage Project, Carbon TerraVault I 🌲 The Integrity Council Approves Methodologies for Coal Transition and ...
Boomitra Completes Sale and Delivery of 2.6 Million Soil Carbon Credits from Northern Mexico
Corporate purchases bring carbon income to ranchers restoring grasslands across northern Mexico Boomitra today announced it has sold and delivered 2.6 million issued soil carbon credits from its N...
GeoKiln and ONEIC Sign MOU to Evaluate Engineered Hydrogen Development in Oman
GeoKiln Energy Innovation and Oman National Engineering & Investment Co. SAOG (ONEIC) have signed a Memorandum of Understanding (MOU) to evaluate the potential for engineered geologic hydrogen ...
Company Update Visit highlights operational progress at the Reno facility and XCF Global's continued focus on expanding domestic renewable fuel production HOUSTON, TX / AccessWire / November 11, ...
This marks a new step in DHL Express efforts to decarbonize international air transportation of parcels. First SAF supply agreement over 5 million liters of SAF signed with TotalEnergies for DHL ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.