Published by Todd Bush on May 9, 2025
Project Hajar, a joint initiative by 44.01 and Aircapture, has been named the strongest performer in the Air category of the XPRIZE Carbon Removal competition, earning a \$1 million award. The project demonstrates a rare combination of operational readiness, long-term storage integrity, and scalability—key features that many carbon removal ventures have yet to prove.
The project combines Direct Air Capture (DAC) units from U.S.-based Aircapture with 44.01’s mineralization process, which permanently stores CO₂ by converting it into rock underground in Fujairah, UAE.
This method provides one of the few carbon removal solutions capable of delivering durable storage—removing CO₂ from the atmosphere and locking it away for geological timescales. Unlike reforestation or soil carbon projects, which face risks of reversal, mineralization offers permanence by default.
>> In Other News: BKV and Copenhagen Infrastructure Partners Announce Strategic Carbon Capture Joint Venture With $500 Million Investment
Global carbon markets are shifting focus from avoidance credits to removal credits—solutions that physically extract CO₂ from the atmosphere. However, many technologies in this space are still in development or difficult to scale.
Project Hajar offers a counterpoint: a live, modular system that is already operating in the field.
The XPRIZE award validates this model as one of the few with near-term commercial viability. As businesses and governments work toward net-zero targets, solutions like Hajar’s will be essential to offset emissions from heavy industry, aviation, and sectors that cannot fully decarbonize.
44.01, which has already demonstrated mineralization in Oman and the UAE, is now preparing to scale globally. The company is also supported by ADNOC and the Fujairah Natural Resources Corporation, offering additional institutional backing.
Carbon removal is quickly becoming a high-interest category for climate-aligned investment. Major buyers—from Microsoft to Stripe—are looking for high-durability carbon removal credits, and are willing to pay premium prices for them.
Aircapture’s modular DAC systems, designed for flexible deployment and integration into industrial operations, support localized and scalable implementation. With both technical execution and commercialization in progress, Project Hajar is likely to attract attention from buyers, investors, and policymakers alike.
The XPRIZE Carbon Removal competition, funded by the Musk Foundation, challenged more than 1,300 teams to create solutions capable of removing gigatonne-scale CO₂.
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...
A consortium led by Novacium, together with Axel’One and AD-VENTA, has secured funding from the Defence Innovation Agency (AID) and the Directorate General of Armaments (DGA) under the RAPID progr...
Video: The Next Chapter https://youtu.be/LUIHqS35rMg Led by John Douglas, whose development experience includes the $8 billion Champlain Hudson Power Express, the collaboration brings major Nort...
Emvolon Raises $22 Million Funding Round to Launch Its Modular, Waste-to-Fuel Chemical Plants
Following its recent offtake agreement and increased commercial demand, Emvolon raises Series A and non-dilutive federal and state grants to launch first commercial system and adds industry growth ...
Puro.earth Expands DACCS Certification With CCS+ Methodologies
Puro.earth has published its CCS+ methodology documents, with direct air capture and geological storage (DACCS) as the first activity type implemented under its CCS+ Program. Puro.earth’s multi-pr...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.