Climeworks

Project Cypress DAC Hub Team Awarded Funding from U.S. Department of Energy

Retrieved on: 
Wednesday, March 27, 2024

Funding for Project Cypress is a result of the Bipartisan Infrastructure Law’s Regional Direct Air Capture (DAC) Hubs program.

Key Points: 
  • Funding for Project Cypress is a result of the Bipartisan Infrastructure Law’s Regional Direct Air Capture (DAC) Hubs program.
  • Project Cypress is eligible for up to $600 million in matched federal investment under this funding opportunity.
  • Leaders of Project Cypress are determining final siting and storage options in Louisiana, with selected sites including privately owned land in Calcasieu Parish.
  • The CEC will serve as an advisory body for Project Cypress, ensuring that the community has a voice in development decisions about the DAC Hub.

Microsoft Partner, HSO, Joins The Digital Revolution Awards

Retrieved on: 
Thursday, February 22, 2024

HSO, one of the world’s leading Microsoft partners, has been unveiled as the latest sponsor of the 2024 Digital Revolution Awards.

Key Points: 
  • HSO, one of the world’s leading Microsoft partners, has been unveiled as the latest sponsor of the 2024 Digital Revolution Awards.
  • We’re delighted to join the Digital Revolution Awards to help celebrate the pioneers and visionaries within the cloud industry.”
    HSO is no stranger to success within the cloud either, having won 26 Partner of the Year awards, five Eagle Awards as well as being recognized in the 2023 Digital Revolution Awards for the Best Microsoft Partner to Work For award—and the organization has also been a Microsoft Inner Circle partner for 20 consecutive years.
  • “Our Tech For Good category is one that always attracts a lot of interest amongst nominees and also during our awards ceremonies,” added Kashif Naqshbandi, co-founder and Chief Marketing Officer of the Digital Revolution Awards.
  • Founded in 2020 by Tenth Revolution Group , the Digital Revolution Awards has become a key fixture in the cloud industry’s calendar since its formation in 2020, receiving over 1,500 nominations and handing out 113 trophies in that time.

Direct Air Capture Market worth $1,727 million by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, February 6, 2024

Based on technology, the Direct Air Capture Market has been split into solid-DAC (S-DAC), liquid-DAC, electrochemical-DAC and others.

Key Points: 
  • Based on technology, the Direct Air Capture Market has been split into solid-DAC (S-DAC), liquid-DAC, electrochemical-DAC and others.
  • This report segments the Direct Air Capture Market based on application into two segments: Carbon capture, and storage and Carbon capture, utilization, and storage.
  • Europe is expected to be the second largest Direct Air Capture Market during the forecast period.
  • The Direct Air Capture Market in Europe is primarily fueled by the significant supportive policies and ambitious climate goals.

Direct Air Capture Market worth $1,727 million by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, February 6, 2024

Based on technology, the Direct Air Capture Market has been split into solid-DAC (S-DAC), liquid-DAC, electrochemical-DAC and others.

Key Points: 
  • Based on technology, the Direct Air Capture Market has been split into solid-DAC (S-DAC), liquid-DAC, electrochemical-DAC and others.
  • This report segments the Direct Air Capture Market based on application into two segments: Carbon capture, and storage and Carbon capture, utilization, and storage.
  • Europe is expected to be the second largest Direct Air Capture Market during the forecast period.
  • The Direct Air Capture Market in Europe is primarily fueled by the significant supportive policies and ambitious climate goals.

Climeworks and Svante Collaborate in Development and Supply for Direct Air Capture

Retrieved on: 
Tuesday, January 30, 2024

Climeworks has signed a collaboration and supply agreement with Svante Technologies Inc. (Svante), a leading carbon capture and removal solutions provider.

Key Points: 
  • 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 US.
  • “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.
  • The Centre is equipped to supply both the industrial point source post-combustion carbon capture market and the direct air capture market.

Global Carbon Dioxide Removals (CDR) Industry Report 2024: Historical Revenue Data for 2022, Estimates for 2023, and CAGR Forecasts through 2028

Retrieved on: 
Friday, January 19, 2024

DUBLIN, Jan. 18, 2024 /PRNewswire/ -- The "Carbon Dioxide Removals (CDR) Market" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 18, 2024 /PRNewswire/ -- The "Carbon Dioxide Removals (CDR) Market" report has been added to ResearchAndMarkets.com's offering.
  • The global carbon dioxide removal market witnessed sharp growth from 2022 to 2023.
  • Based on carbon credit buyers, the carbon dioxide removal market has been segmented into the finance sector, technology sector and others.
  • In-depth analysis of global market trends, featuring historical revenue data for 2022, estimated figures for 2023, as well as forecasts for 2028.

PONY Communications Wins Inc. Power Partner Award and 11 Other Prestigious Awards

Retrieved on: 
Tuesday, December 19, 2023

VICTORIA, BC, Dec. 19, 2023 /PRNewswire/ -- PONY Communications, a female-led, full-service PR & Social Media firm specializing in campaigns that generate widespread interest and credibility disrupting the status quo recognized for its work across a broad range of industries in the US and Canada. To date, PONY Comms has earned 12 awards for its impactful PR campaigns and coverage placements.

Key Points: 
  • To date, PONY Comms has earned 12 awards for its impactful PR campaigns and coverage placements.
  • This year, PONY Comms was recognized for its strategic thinking, creative campaigns, and unparalleled client service with Inc's Power Partner Award .
  • The winners were selected based on their customers' feedback and the pivotal role these companies played in their customers' success.
  • PONY Comms was honored in five categories: General Excellence, General PR, C-Suite Visibility, Media Relations, and Product PR.

Projected Carbon Dioxide Removal Market Value to Reach $1.5 Billion by 2030, Underscoring Urgency in Climate Change Mitigation

Retrieved on: 
Tuesday, October 24, 2023

The global carbon dioxide removal (CDR) market is poised for substantial growth, with a projected CAGR of 20% from 2023 to 2030.

Key Points: 
  • The global carbon dioxide removal (CDR) market is poised for substantial growth, with a projected CAGR of 20% from 2023 to 2030.
  • By the end of this period, the market value is anticipated to reach approximately US$1.5 billion, reflecting the increasing urgency to combat climate change.
  • Climate models suggest that achieving the goals set in the Paris Agreement is nearly impossible without robust CDR efforts.
  • Anticipated government policies, increased investment, and collaboration among stakeholders are expected to drive the expansion of the CDR market.

MIT Technology Review releases inaugural list of "15 Climate Tech Companies to Watch"

Retrieved on: 
Wednesday, October 4, 2023

CAMBRIDGE, Mass., Oct. 4, 2023 /PRNewswire/ -- MIT Technology Review announces 15 Climate Tech Companies to Watch, a new annual list highlighting start-ups and established businesses that have the greatest potential to substantially reduce greenhouse-gas emissions or otherwise address the threats of global warming. The list is now available at TechnologyReview.com and was revealed live in a session led by MIT Technology Review's editor-in-chief, Mat Honan, and Casey Crownhart, climate reporter at the ClimateTech conference.

Key Points: 
  • MIT Technology Review reveals the list live at its annual sustainability conference, ClimateTech
    CAMBRIDGE, Mass., Oct. 4, 2023 /PRNewswire/ -- MIT Technology Review announces 15 Climate Tech Companies to Watch, a new annual list highlighting start-ups and established businesses that have the greatest potential to substantially reduce greenhouse-gas emissions or otherwise address the threats of global warming.
  • The list is now available at TechnologyReview.com and was revealed live in a session led by MIT Technology Review's editor-in-chief, Mat Honan, and Casey Crownhart, climate reporter at the ClimateTech conference.
  • The 15 Climate Tech Companies to Watch are:
    Blue Frontier : It's getting hot out there and will only get hotter, which means millions more people will need access to air conditioning just to survive.
  • For more information on the 15 Climate Tech Companies to Watch, visit MIT Technology Review's website at TechnologyReview.com .

Global Shift Towards Renewable Materials: Driving the Rise of Bio-Based Products - ResearchAndMarkets.com

Retrieved on: 
Wednesday, September 20, 2023

The global demand for renewable and sustainable alternatives to fossil-fuel-based chemicals and materials is on the rise.

Key Points: 
  • The global demand for renewable and sustainable alternatives to fossil-fuel-based chemicals and materials is on the rise.
  • Industries spanning construction, automotive, energy, textiles, and more are increasingly turning to bio-based products to reduce emissions, energy requirements, manufacturing costs, and waste.
  • This transformative shift is driven by growing corporate and government commitments to sustainability, regulatory support for renewables, and evolving consumer preferences.
  • This extensive 2,101-page report offers an in-depth analysis of the global market for bio-based, CO2-utilization, and chemically recycled materials.