Carbon Engineering has announced a plant deployment approach to help execute large numbers of Direct Air Capture projects around the world.
Direct Air Capture, or DAC, is a technology that captures carbon dioxide directly from the air with an engineered mechanical system.
This new deployment approach from CE standardizes the design of plants to help deliver operationally ready DAC facilities to local partners. Through this process, plant components and equipment will be modularized, mass-manufactured, and assembled on-site, according to the company.
The award-winning clean-tech startup co-announced the approach alongside 1PointFive, a subsidiary of Occidental’s Low Carbon Ventures business.
“The most recent IPCC report reiterated again that, alongside emission reductions, we need to remove vast amounts of carbon dioxide from the atmosphere to achieve net-zero targets by 2050,” CE CEO Daniel Friedmann said in a statement. “To address this critical need, we’re working with 1PointFive to offer DAC facilities as a ready-to-operate, turnkey solution.”
Squamish-based CE will provide the DAC technology, while 1PointFive from Texas will build and deploy the DAC plants, according to the companies.
“We are committed to delivering large-scale DAC solutions to remove carbon dioxide from the atmosphere,” said Michael Avery of 1PointFive, “and our partnership with CE will support rapid, global deployment of DAC facilities to meet the urgency of the climate challenge and growing customer demand for DAC-enabled net-zero solutions.”
1PointFive announced a scenario of deploying 70 DAC facilities by 2035.
“We see this new, franchise-like model as the most feasible, affordable and financeable path forward for CE’s DAC technology to make a meaningful impact on the huge climate challenge,” Friedmann added.
CE counts Ottawa’s Shopify among its early adopter customers.
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