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 🔋 American Airlines Flies First Commercial Passenger Flight on Infinium eSAF 🌬️ Isometric Signs Its First Carbon Removal Projects in China ♻️ Soil Carbon Market Gains Momentum as...
Inside This Issue 🏗️ CF Industries Secures Permits, Starts Construction on Blue Point Low-Carbon Ammonia Complex ⚡ US Backs ORNX's Green Ammonia Project in Western Sahara ♻️ Deduci Launches First ...
Inside This Issue 🌳 Brazil's Mombak Delivers Early to Google, Other Buyers in Boost for Carbon Removal Credits 🛫 Two Years Later, Delta's Minnesota SAF Plant Opens 💧 Delaware Hydrogen Company Targ...
Soil Carbon Market Gains Momentum as AlliedOffsets Tracks 2026 Growth
AlliedOffsets has released a new Soil Carbon Market Report examining how the sector is developing in 2026. The analysis covers credit issuance, leading project developers, buyer activity, geographi...
Isometric Signs Its First Carbon Removal Projects in China
Expanding into one of the highest-potential markets for carbon removal Lukas May OBE, Chief Commercial Officer of Isometric, announced that the company has signed its first three project developer...
Max Power’s commercial validation drill program at the Lawson Complex aims to confirm the world’s first large-scale commercial discovery of Natural Hydrogen as a new primary energy source. New Vi...
EarthOptics and Cquester Partner to Advance Trusted Soil Carbon Measurement at Scale
Strategic partnership combines EarthOptics carbon measurement and analysis with Cquester Analytics' pioneering soil organic matter functional analyses (e.g., POM/MAOM fractionation), providing carb...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.