Published by Todd Bush on December 10, 2024
Partnership combines advanced carbon capture technology with leading underground mineralization to capture and store industrial CO2 emissions
BELFAST, UNITED KINGDOM, December 10, 2024 /EINPresswire.com/ -- Nuada and Carbfix have signed a memorandum of understanding (MOU) to collaborate on delivering integrated carbon capture and storage (CCS) solutions aimed at reducing emissions in key sectors, including cement, lime, steel, waste-to-energy, and bioenergy. The partnership offers a complete CCS value chain by combining Nuada’s innovative carbon capture technology with Carbfix’s permanent underground CO₂ mineralization method.
>> In Other News: Britain's INEOS And Partners to Invest in CO2 Storage Off Denmark
Nuada’s award-winning carbon capture process combines advanced solid sorbents, MOFs, and vacuum pressure swing adsorption (VPSA) technology. This technology achieves high-efficiency CO₂ capture from point-source emissions while addressing barriers like energy consumption, integration complexity, and cost.
Conor Hamill, co-CEO of Nuada, stated, “Nuada is redefining carbon capture, delivering an innovative solution that overcomes key barriers of traditional methods. Our partnership with Carbfix accelerates our pathway to full-scale implementation, creating an end-to-end CCS solution and expanding opportunities for full value chain projects.”
With over a decade of expertise, Carbfix offers pioneering CO₂ storage technology that accelerates natural mineralization processes by injecting captured CO₂ into porous basaltic rock, where it transforms permanently into stone in less than two years. This cost-effective and safe approach provides a long-term and secure method for storing CO₂ underground.
Edda Sif Pind Aradóttir, CEO of Carbfix, said, “The climate crisis calls for multi-faceted solutions. Our collaboration with Nuada can bring real results to industry sectors that need solutions at speed and scale. Our permanent and proven mineralisation solution that turns CO₂ to stone in under two years together with Nuada's cutting-edge carbon capture technology can be a solution for point-source emitters worldwide.”
With a combined approach, Nuada and Carbfix aim to support industries in their efforts to meet global climate goals through an efficient, integrated carbon capture and storage model.
Nuada is a carbon capture company poised to decarbonise heavy industries through its next-generation point-source capture technology. The company builds energy-efficient filtration machines that capture CO₂ from industrial off-gases, empowering emitters in hard-to-abate sectors to reduce their carbon footprint with minimal impact on their bottom line.
Carbfix provides a natural and permanent storage solution by turning CO₂ into stone underground in less than two years. Carbfix’s technology plays a vital role in significantly contributing to climate recovery through the scaling and development of safe, underground CO₂ mineral storage worldwide. The company partners with responsible businesses through technical development, consulting, project development, and mineral storage services and operations.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🚢 World’s First Ship With Full Carbon Capture & Storage System Ready For Pilot Testing 💰 DOE Invests Nearly $14 Million To Develop Carbon Conversion Pathways 🔬 DOE Invests $1...
Inside This Issue 🔋 Plug Closes Loan Guarantee from the U.S. Department of Energy 🗺️ USGS Releases First-ever Map of Potential for Geologic Hydrogen in U.S. 🌎 Constellation to Acquire Calpine; Cre...
Inside This Issue 🌍 Plug Seals Monumental Deal with Allied Green Ammonia for a Mega 3 GW Electrolyzer System 💰 DOE Invests $101 Million to Establish Carbon Capture, Removal, and Conversion Test Ce...
The Series B Funding round is co-led by Hy24 and SC Net Zero Ventures who are joined by Breakthrough Energy Ventures, Enagas Emprende, Equinor Ventures, Exergon, Ezten, and MassMutal Ventures. The...
Orennia Completes Series C Funding Led by Decarbonization Partners
CALGARY, Alberta, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Orennia Inc. today announced the closing of its Series C growth financing, led by Decarbonization Partners, a partnership between BlackRock and T...
WASHINGTON, D.C. — The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today announced $45 million in federal funding for six projects to create regional cons...
The cost of building new renewable energy plants is now cheaper than operating existing fossil fuel plants globally and exciting opportunities exist for global decarbonization involving hydrogen S...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.