Associated tags: Carbon, CO2, DAC, Environment, Engineering, Green Technology, Energy, Alternative Energy, Manufacturing, Hardware, Environmental Health, Renewable energy, Climate Change, Climate change, Science, Environmental Policy
Locations: LOS ANGELES, CA, US, DC, WASHINGTON, SIEMENS
Retrieved on:
Wednesday, March 27, 2024
Law school,
Face,
Commissioner,
University,
Hogan Lovells,
Senior,
Carbon,
St. Lawrence University,
DAC,
IP,
Federal Energy Regulatory Commission,
FERC LOS ANGELES, March 27, 2024 (GLOBE NEWSWIRE) -- CarbonCapture Inc. (CarbonCapture), a leading US-based direct air capture (DAC) company, today announced the appointment of Neil Chatterjee to its Board of Directors.
Key Points:
- LOS ANGELES, March 27, 2024 (GLOBE NEWSWIRE) -- CarbonCapture Inc. (CarbonCapture), a leading US-based direct air capture (DAC) company, today announced the appointment of Neil Chatterjee to its Board of Directors.
- Mr. Chatterjee is a former Commissioner and Chairman of the Federal Energy Regulatory Commission (FERC) and has deep ties in Washington and across the industry, with extensive experience across the energy landscape, both domestically and internationally.
- In his time on Capitol Hill and at FERC, he established a reputation as a bipartisan operator who built alliances and cut through red tape.
- "Every DAC plant is also a clean energy project," said Adrian Corless, CEO of CarbonCapture Inc. "That's why I'm thrilled to welcome Neil to our team.
Microsoft,
Boston Consulting Group,
Automation,
Finance Secretary (India),
Climate change,
McKinsey & Company,
Growth,
JPMorgan Chase,
Science,
Climate Pledge Fund,
Meta,
Stripe,
Carbon,
Investment,
DAC,
Hydrogen,
Ecosystem,
LOS,
Renewable energy,
Siemens Financial Services CarbonCapture develops, manufactures, and deploys highly scalable solid sorbent DAC systems based on its patented modular open systems architecture.
Key Points:
- CarbonCapture develops, manufactures, and deploys highly scalable solid sorbent DAC systems based on its patented modular open systems architecture.
- "We are excited to support the growth of CarbonCapture Inc., an innovative company advancing the scalability and accessibility of carbon removal."
- "Aramco Ventures is very pleased to support CarbonCapture's unique, modular direct air capture platform," said Chris Haase, Investment Director of Aramco Ventures.
- "Siemens Financial Services is proud to collaborate with CarbonCapture Inc. as they take a leading role commercializing direct air capture in the US," said Steffen Grosse, CEO of Equity Finance, Siemens Financial Services.
ESolar,
SolarReserve,
DAC,
Mechanical engineering,
Thermal Science,
Chemical engineering,
Doctor of Philosophy,
Specialization,
Climate change,
Engineering,
Publication,
Mechanical,
Management LOS ANGELES, Dec. 04, 2023 (GLOBE NEWSWIRE) -- CarbonCapture Inc. (CarbonCapture), a leading direct air capture (DAC) company, today announced the promotion of Dr. Saeb Besarati to the position of Chief Technology Officer (CTO).
Key Points:
- LOS ANGELES, Dec. 04, 2023 (GLOBE NEWSWIRE) -- CarbonCapture Inc. (CarbonCapture), a leading direct air capture (DAC) company, today announced the promotion of Dr. Saeb Besarati to the position of Chief Technology Officer (CTO).
- Saeb's journey with CarbonCapture began in 2019, when he joined the company’s founding team as Director of Systems Engineering.
- Saeb holds a PhD degree in Chemical Engineering and a Master’s degree in Mechanical Engineering with specialization in Thermal Science.
- I am excited about his transition into the formal role of Chief Technology Officer and enthusiastic about our continued collaboration," stated Adrian Corless, CEO of CarbonCapture Inc.
Retrieved on:
Thursday, November 16, 2023
Collectively, these buyers will pay CarbonCapture $20 million to permanently remove 45,500 tons of carbon dioxide from the atmosphere by 2030.
Key Points:
- Collectively, these buyers will pay CarbonCapture $20 million to permanently remove 45,500 tons of carbon dioxide from the atmosphere by 2030.
- “We're extremely pleased to be supplying Frontier and its members with high-quality DAC carbon removal,” said Adrian Corless, CEO of CarbonCapture Inc. “Large offtake agreements like this are critical to us because they demonstrate commercial viability and unlock a path to scale.
- This strategy empowers CarbonCapture to drive down costs by upgrading sorbents in existing units, eliminating the need to construct entirely new facilities in order to leverage the latest sorbent breakthroughs.
- “Getting DAC to gigaton scale requires finding innovative ways to quickly drive down costs,” said Hannah Bebbington, Strategy Lead, Frontier.
Retrieved on:
Tuesday, September 12, 2023
Environment,
Environmental Issues,
Climate Change,
Technology,
Electronic Commerce,
Online Retail,
Green Technology,
Retail,
Carbon,
Climate,
IBM,
Amazon Web Services,
Paris,
Paris Agreement,
Intergovernmental Panel on Climate Change,
Atmosphere,
Climate Pledge Fund,
Microsoft,
AMZN,
Climate change,
PepsiCo,
DAC,
Organization,
Visa,
Plant,
IPCC,
Investment,
Best Buy,
Verizon Communications,
Growth,
Transport,
AWS,
CO2,
Steiner's Taxonomy of Tasks,
Renewable energy,
Coal,
Amazon,
Unilever Amazon is supporting the world’s largest deployment of DAC technology by committing to purchase 250,000 metric tons of carbon removal over 10 years from STRATOS, 1PointFive ’s first DAC plant.
Key Points:
- Amazon is supporting the world’s largest deployment of DAC technology by committing to purchase 250,000 metric tons of carbon removal over 10 years from STRATOS, 1PointFive ’s first DAC plant.
- In addition, Amazon’s Climate Pledge Fund is making an investment in CarbonCapture Inc. , a climate technology company recognized for its pioneering modular DAC systems.
- At the same time, we also need to seek every possible avenue to reduce carbon in the atmosphere.
- "Amazon’s purchase and long-term contract represent a significant commitment to direct air capture as a vital carbon removal solution,” said Michael Avery, president and general manager of 1PointFive.
Retrieved on:
Tuesday, September 12, 2023
Green Technology,
Finance,
Environmental Health,
Environment,
Professional Services,
IBM,
Paris,
Paris Agreement,
Microsoft,
AMZN,
Multimedia,
Carbon,
PepsiCo,
Visa,
Climate Pledge Fund,
Investment,
Best Buy,
Growth,
Verizon Communications,
Financial services,
Renewable energy,
Amazon,
Unilever CarbonCapture Inc. (CarbonCapture), a leading direct air capture company, announced today that it has received an equity investment from Amazon’s Climate Pledge Fund.
Key Points:
- CarbonCapture Inc. (CarbonCapture), a leading direct air capture company, announced today that it has received an equity investment from Amazon’s Climate Pledge Fund.
- View the full release here: https://www.businesswire.com/news/home/20230911644501/en/
Amazon's Climate Pledge Fund invests in CarbonCapture Inc. (Graphic: Business Wire)
“We’re extremely excited to be backed by a first-class venture investor like Amazon’s Climate Pledge Fund,” said Adrian Corless, CarbonCapture’s CEO and CTO.
- The Climate Pledge Fund now has more than 400 signatories, including Best Buy, IBM, Microsoft, PepsiCo, Siemens, Unilever, Verizon, and Visa.
- “Our investments in direct air capture complement our emissions reduction plans, and we are excited to support the growth and deployment of the technology.”
Hardware,
White House,
Federal Government,
Alternative Energy,
State,
Local,
Energy,
Green Technology,
Climate Change,
Manufacturing,
Technology,
Environment,
Public Policy,
Government,
Environmental Health,
Software,
Utilities,
Engineering,
Carbon,
Workforce,
United States Department of Energy,
University,
UW,
Culture,
SAF,
Carbon dioxide,
EPRI,
Multimedia,
DOE,
DAC,
FEED,
Investment,
SER,
CO2,
Oil CarbonCapture Inc. (CarbonCapture) and a team of strategic partners today announced that they have been selected to receive $12.5 million in funding by the United States Department of Energy (DOE) to initiate the development of a megaton-scale direct air capture (DAC) hub in Southwest Wyoming.
Key Points:
- CarbonCapture Inc. (CarbonCapture) and a team of strategic partners today announced that they have been selected to receive $12.5 million in funding by the United States Department of Energy (DOE) to initiate the development of a megaton-scale direct air capture (DAC) hub in Southwest Wyoming.
- Additional partners include the University of Wyoming, Fluor, Carbon Direct, INTERA, EPRI, Carbon-Based Consulting, Icarus, and Novus Energy Advisors.
- View the full release here: https://www.businesswire.com/news/home/20230822840089/en/
The Wyoming Regional Direct Air Capture Hub, led by CarbonCapture Inc., has been selected to receive $12.5 million in funding by the DOE.
- The Wyoming hub, spearheaded by CarbonCapture, stands as one of five projects selected to receive DOE support under Topic Area 2.
Technology,
Engineering,
Manufacturing,
Environmental Policy,
Environmental Issues,
Environmental Health,
Alternative Energy,
Energy,
Environment,
Research,
Sustainability,
Hardware,
Science,
Green Technology,
Private sector,
Multimedia,
Carbon,
Corless,
Forum,
DAC,
Cortex Innovation Community,
3D printing,
Idealab Key Points:
- View the full release here: https://www.businesswire.com/news/home/20230621760191/en/
CarbonCapture Inc. honored as a 2023 Technology Pioneer by the World Economic Forum.
- “We’re excited to welcome CarbonCapture Inc. to our 2023 cohort of Technology Pioneers,” said Verena Kuhn, Head of Innovator Communities at the World Economic Forum.
- As a Technology Pioneer, CarbonCapture Inc. CEO and CTO Adrian Corless will be invited to engage with the World Economic Forum, working with global leaders to help address key industry and societal issues.
- “It’s an honor to be acknowledged as a Technology Pioneer by the World Economic Forum,” said Corless.
Hardware,
Alternative Energy,
Green Technology,
Energy,
Sustainability,
Manufacturing,
Technology,
Consulting,
Professional Services,
Environmental Policy,
Environment,
Environmental Issues,
Environmental Health,
Science,
Research,
Engineering,
Boston Consulting Group,
Partnership,
Intergovernmental Panel on Climate Change,
Climate,
Climate change,
Multimedia,
Carbon,
BCG,
IPCC,
DAC,
Video game,
Renewable energy Boston Consulting Group (BCG) , one of the world’s leading management consulting firms, and CarbonCapture Inc. (CarbonCapture), a leading direct air capture (DAC) company, announced today a partnership that covers both BCG’s purchase of CarbonCapture’s atmospheric carbon dioxide removal services as well as an intention to support CarbonCapture’s business strategy through BCG’s management consulting services.
Key Points:
- Boston Consulting Group (BCG) , one of the world’s leading management consulting firms, and CarbonCapture Inc. (CarbonCapture), a leading direct air capture (DAC) company, announced today a partnership that covers both BCG’s purchase of CarbonCapture’s atmospheric carbon dioxide removal services as well as an intention to support CarbonCapture’s business strategy through BCG’s management consulting services.
- View the full release here: https://www.businesswire.com/news/home/20230621338252/en/
BCG and CarbonCapture Inc. announce 5-year purchase agreement for 40,000 tons of DAC carbon removal credits.
- (Graphic: Business Wire)
The 40,000-ton carbon removal agreement with CarbonCapture will span a five-year period, supporting BCG’s commitment to achieve net zero climate impact by 2030.
- “Carbon dioxide removal is critical to achieve net zero emissions globally, and DAC is a very promising technology,” said David Webb, BCG’s chief sustainability officer.
Technology,
Manufacturing,
Environmental Health,
Other Manufacturing,
Green Technology,
Software,
Alternative Energy,
Environment,
Energy,
Engineering,
Hardware,
Operation,
Vehicle registration plates of Nepal,
Multimedia,
Mercedes-Benz Group,
App,
Knowledge,
DAC,
Management CarbonCapture Inc. (CarbonCapture), a U.S. climate tech company that develops direct air capture (DAC) systems based on a groundbreaking modular open systems architecture, today announced the appointment of automotive industry veteran David Apps to the newly created role of Vice President, Manufacturing.
Key Points:
- CarbonCapture Inc. (CarbonCapture), a U.S. climate tech company that develops direct air capture (DAC) systems based on a groundbreaking modular open systems architecture, today announced the appointment of automotive industry veteran David Apps to the newly created role of Vice President, Manufacturing.
- With an extensive background in developing multiple high-volume manufacturing facilities from the ground up, Apps will be responsible for establishing the first high-volume manufacturing facility for the company’s modular DAC systems.
- Prior to that, he was instrumental in developing state-of-the-art manufacturing facilities and played a pivotal role in ensuring the capability of manufacturing volume growth.
- “I consider myself fortunate to be able to contribute my manufacturing knowledge and experience,” said David Apps, Vice President, Manufacturing, CarbonCapture Inc. “I am beyond excited to scale up the production of our direct air capture systems and to be part of a company dedicated toward my personal mission of improving the well-being of the planet.”
