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ge-and-svante-to-develop-carbon-capture-tech-for-power-generation
ge-and-svante-to-develop-carbon-capture-tech-for-power-generation

GE and Svante to develop carbon capture tech for power generation

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GE Gas Power, part of GE Vernova, has teamed-up with Svante to develop and evaluate solid sorbent-based carbon capture technology for natural gas power generation.

Under terms of a joint development agreement, the duo hopes to decarbonise natural gas-fired turbines in a cost-effective, environmentally responsible manner.

Claude Letourneau, President and CEO of Svante, said he hopes to open up an entirely new array of opportunities aiming to provide carbon-free electricity through the deployment of projects across has-fired power generation facilities.

The news follows GE making an equity investment in Svante in December as part of its US $318m Series E fundraising round.

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