Climeworks and Svante Technologies are to collaborate on carbon dioxide (CO2) removal projects as part of efforts to step up Direct Air Capture (DAC) hubs in the US.
Climeworks is working on three DAC proposals, Project Cypress in Louisiana, California Direct Air Capture Hub and Prairie Compass DAC Hub in North Dakota.
Claude Letourneau, President and CEO of Svante, said delivering large-scale DAC requires collaboration with flexibility on developing project specifications.
He said, “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.”
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