Technip Energies Launches Canopy by T.EN™, Making Carbon Capture Accessible for Every Emitter

PARIS--(BUSINESS WIRE)--Technip Energies (T.EN) recently announced the launch of Capture.Now, a strategic platform that brings all its Carbon Capture, Utilization and Storage (CCUS) technologies and solutions under one umbrella. Building on this new platform to further its ambition to lead the CCUS market, T.EN is launching Canopy by T.EN™, an integrated range of configurable modular post-combustion carbon capture solutions.

These solutions are adapted to emitters of all sizes, with capacity ranging from pilots to large installations across industries and locations, allowing them to capture carbon with confidence and meet their emission-reduction targets efficiently and affordably.

For small emitters (<1 Mtpa) capturing a substantial market share globally and who account for 80% of all emitters in Europe and the US(1), T.EN has introduced the Canopy C200 solution, the flagship modularized product of the Canopy by T.EN™ range. This product is the only 200 Ktpa solution currently available as a standard, configurable, modularized solution. Canopy C200, offered to clients alongside a range of services, allows them to de-risk their CCUS development, optimize CAPEX and OPEX and maximize value.

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Christophe Malaurie, SVP Decarbonization Solutions of Technip Energies, stated: “We are very pleased to introduce Canopy by T.EN™ as a first proof point for the recently launched Capture.Now platform. This unique offer builds on our longstanding partnership with Shell Catalysts & Technologies to bring to market a range of optimized and reliable carbon capture solutions including the Canopy C200 modular solution, allowing any type of emitter to decarbonize its operations quickly, efficiently, and affordably. With Canopy by T.EN™, Technip Energies is shaping the future of the CCUS industry, and is more than ever positioned as a reliable and committed partner to its clients in their journey to net zero.”

¹ Source : Rystad Energy

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About Technip Energies

Technip Energies is a leading Engineering & Technology company for the energy transition, with leadership positions in Liquefied Natural Gas (LNG), hydrogen and ethylene as well as growing market positions in blue and green hydrogen, sustainable chemistry and CO2 management. The company benefits from its robust project delivery model supported by extensive technology, products and services offering.

Operating in 35 countries, our 15,000 people are fully committed to bringing our client’s innovative projects to life, breaking boundaries to accelerate the energy transition for a better tomorrow.

Technip Energies is listed on Euronext Paris with American depositary receipts (“ADRs”) trading over-the-counter in the United States.

For further information: www.technipenergies.com.