Climeworks and Deep Sky to explore large-scale DAC+S in Canada
The two parties envision the development of large-scale DAC+S projects in Canada with a pathway to remove up to one million tons of CO₂ from the air.
Climeworks and Svante have signed a collaboration and supply agreement to further advance commercial-scale solutions for direct air capture.
Svante will provide Climeworks with contactor blocks incorporating first-of-its-kind filter technology.
Both companies agree to collaborate on three major CO₂ removal projects in a critical step toward developing direct air capture hubs in the U.S. capable of capturing megatons of CO₂.
Climeworks has signed a collaboration and supply agreement with Svante Technologies Inc. (Svante), a leading carbon capture and removal solutions provider. The companies agreed to jointly plan the supply of Svante’s contactor blocks for three major Climeworks projects, intending to lead to a commercial-scale supply agreement, whereby Climeworks would purchase Svante’s contactor blocks for its planned megaton direct air capturing hubs in the U.S.
The U.S. Department of Energy selected Climeworks to develop three of these hubs, in Louisiana, California, and North Dakota, making the company eligible for a total of more than USD 600 million in government funding.
The collaboration allows both partners to agree on intermediate goals, and to jointly proceed to the next phase of development. “Delivering large-scale direct air capture required us to approach this collaboration with flexibility on the development of project specifications while retaining rigorous accountability for the success of the overall project,” says Claude Letourneau, President and CEO of Svante. “We’ve been closely collaborating with Climeworks over the past three years, and because of that proximity, we felt comfortable entering into this kind of arrangement. The combination of our advanced technologies represents a significant step forward in the nascent direct air capture industry, playing a critical role in meeting the world’s net-zero ambitions.”
Svante is in the final stages of building its commercial filter manufacturing facility, The Centre of Excellence for Carbon Capture and Removal, in Vancouver, BC, Canada. The Centre is equipped to supply both the industrial point source post-combustion carbon capture market and the direct air capture market. Svante has anticipated and prepared for the event where the agreement with Climeworks takes up a significant portion of the Centre’s capacity and has secured additional coating capacity with its partner, 3M.
With the extended collaboration, Climeworks secures best-in-class technology supporting its scale-up journey. A crucial part of the direct air capture process involves filter material trapping CO₂ from the ambient air, and Svante’s filter technology will further enhance the performance of the carbon dioxide capturing process.
Svante is a purpose-driven, leading carbon capture and removal solutions provider. The Vancouver, Canada-based company manufactures nanoengineered filters and modular rotary contactor machines that capture and remove CO₂ from industrial emissions and the air in an environmentally responsible manner. Svante is on the 2024 Global Cleantech 100, the XPRIZE Foundation’s XB100 – World’s Top 100 Deep Tech Companies and was ranked second among private companies in the Corporate Knights’ Future 50 Fastest Growing Sustainable Companies. For more information, visit www.svanteinc.com and follow Svante on LinkedIn at www.linkedin.com/svantesolutions.
The two parties envision the development of large-scale DAC+S projects in Canada with a pathway to remove up to one million tons of CO₂ from the air.
Together with its project partners, Climeworks received Notification of Selection for three out of three direct air capture hub proposals from the U.S. Department of Energy.
Mammoth, Climeworks' DAC+S plant currently under construction, is making steady progress in Iceland with a CO₂ absorption tower developed by Carbfix.
High-quality carbon removal for your climate strategy.
No cookies = No worries: We don’t use 3rd party cookies and only use the cookies we strictly need to keep our website functioning. Our website usage data is 100% cookie-less, anonymized, and under our full control. For more information, please check out our privacy notice.