BREVIK

CO280 and Aker Carbon Capture collaborate with Microsoft to scale-up permanent, affordable carbon removal in US and Canada

Retrieved on: 
Thursday, April 18, 2024

OSLO, Norway, April 18, 2024 /PRNewswire/ -- CO280 and Aker Carbon Capture have signed a Memorandum of Understanding (MoU) agreement with Microsoft to explore opportunities for scaling the full physical and digital value chain of carbon removal in the US and Canada. Together the three companies have the expertise, technologies, and resources to develop this market by creating a scalable model to deploy large-scale projects quickly to meet global net zero targets. The collaboration aspires to leverage the strengths and capabilities of each partner to enable the ecosystem for the voluntary carbon market by providing traceability of data and enabling high-integrity carbon credits.

Key Points: 
  • CO280 and Aker Carbon Capture's collaboration with Microsoft will supply the market with significant volumes of permanent, verifiable, affordable Carbon Dioxide Removals (CDRs).
  • OSLO, Norway, April 18, 2024 /PRNewswire/ -- CO280 and Aker Carbon Capture have signed a Memorandum of Understanding (MoU) agreement with Microsoft to explore opportunities for scaling the full physical and digital value chain of carbon removal in the US and Canada.
  • The three companies will collaborate to address the technological, regulatory, and commercial challenges and opportunities for creating carbon removal, with each party playing distinct commercial roles.
  • Aker Carbon Capture is dedicated to enabling carbon removal and reduction and the company's proven Just Catch modular solutions enable industries to deploy their capture technology at speed and at scale.

CO280 and Aker Carbon Capture collaborate with Microsoft to scale-up permanent, affordable carbon removal in US and Canada

Retrieved on: 
Thursday, April 18, 2024

OSLO, Norway, April 18, 2024 /PRNewswire/ -- CO280 and Aker Carbon Capture have signed a Memorandum of Understanding (MoU) agreement with Microsoft to explore opportunities for scaling the full physical and digital value chain of carbon removal in the US and Canada. Together the three companies have the expertise, technologies, and resources to develop this market by creating a scalable model to deploy large-scale projects quickly to meet global net zero targets. The collaboration aspires to leverage the strengths and capabilities of each partner to enable the ecosystem for the voluntary carbon market by providing traceability of data and enabling high-integrity carbon credits.

Key Points: 
  • CO280 and Aker Carbon Capture's collaboration with Microsoft will supply the market with significant volumes of permanent, verifiable, affordable Carbon Dioxide Removals (CDRs).
  • OSLO, Norway, April 18, 2024 /PRNewswire/ -- CO280 and Aker Carbon Capture have signed a Memorandum of Understanding (MoU) agreement with Microsoft to explore opportunities for scaling the full physical and digital value chain of carbon removal in the US and Canada.
  • The three companies will collaborate to address the technological, regulatory, and commercial challenges and opportunities for creating carbon removal, with each party playing distinct commercial roles.
  • Aker Carbon Capture is dedicated to enabling carbon removal and reduction and the company's proven Just Catch modular solutions enable industries to deploy their capture technology at speed and at scale.

Aker Carbon Capture and CO280 form strategic alliance to develop carbon removal projects in the pulp and paper industry

Retrieved on: 
Monday, March 25, 2024

CO280 is a leading developer of Carbon Dioxide Removal projects in the pulp and paper industry.

Key Points: 
  • CO280 is a leading developer of Carbon Dioxide Removal projects in the pulp and paper industry.
  • Carbon capture will play a key role in achieving global climate goals as it enables both carbon reduction and carbon removal.
  • Together, C0280 and Aker Carbon Capture will enable large-scale delivery of CDRs," said Egil Fagerland, Chief Executive Officer at Aker Carbon Capture.
  • "Our strategic alliance with CO280 has provided Aker Carbon Capture unique access into both the pulp and paper and CDR markets.

Aker Carbon Capture and CO280 form strategic alliance to develop carbon removal projects in the pulp and paper industry

Retrieved on: 
Monday, March 25, 2024

CO280 is a leading developer of Carbon Dioxide Removal projects in the pulp and paper industry.

Key Points: 
  • CO280 is a leading developer of Carbon Dioxide Removal projects in the pulp and paper industry.
  • Carbon capture will play a key role in achieving global climate goals as it enables both carbon reduction and carbon removal.
  • Together, C0280 and Aker Carbon Capture will enable large-scale delivery of CDRs," said Egil Fagerland, Chief Executive Officer at Aker Carbon Capture.
  • "Our strategic alliance with CO280 has provided Aker Carbon Capture unique access into both the pulp and paper and CDR markets.

Aker Carbon Capture awarded milestone project in the United States

Retrieved on: 
Tuesday, February 27, 2024

OSLO, Norway, Feb. 27, 2024 /PRNewswire/ -- CO280 Solutions and a leading pulp and paper company have awarded a carbon capture test campaign to Aker Carbon Capture for an undisclosed site on the Gulf Coast in the US.

Key Points: 
  • OSLO, Norway, Feb. 27, 2024 /PRNewswire/ -- CO280 Solutions and a leading pulp and paper company have awarded a carbon capture test campaign to Aker Carbon Capture for an undisclosed site on the Gulf Coast in the US.
  • Aker Carbon Capture has extensive testing experience, with more than 60,000 operational hours worldwide on multiple industrial flue gases.
  • Aker Carbon Capture is already enabling the creation of high-quality carbon removal credits through its delivery to Ørsted Kalundborg Hub.
  • Aker Carbon Capture's Just Catch™ modular offering is a standardized product that enables the pre-fabrication of carbon capture units.

Aker Carbon Capture awarded milestone project in the United States

Retrieved on: 
Tuesday, February 27, 2024

OSLO, Norway, Feb. 27, 2024 /PRNewswire/ -- CO280 Solutions and a leading pulp and paper company have awarded a carbon capture test campaign to Aker Carbon Capture for an undisclosed site on the Gulf Coast in the US.

Key Points: 
  • OSLO, Norway, Feb. 27, 2024 /PRNewswire/ -- CO280 Solutions and a leading pulp and paper company have awarded a carbon capture test campaign to Aker Carbon Capture for an undisclosed site on the Gulf Coast in the US.
  • Aker Carbon Capture has extensive testing experience, with more than 60,000 operational hours worldwide on multiple industrial flue gases.
  • Aker Carbon Capture is already enabling the creation of high-quality carbon removal credits through its delivery to Ørsted Kalundborg Hub.
  • Aker Carbon Capture's Just Catch™ modular offering is a standardized product that enables the pre-fabrication of carbon capture units.

Aker Carbon Capture signed pre-FEED contract for several power generation facilities in Europe

Retrieved on: 
Thursday, October 19, 2023

OSLO, Norway, Oct. 19, 2023 /PRNewswire/ -- Aker Carbon Capture has signed a pre-FEED contract for a major European power company to implement carbon capture at a portfolio of power plants in mainland Europe.

Key Points: 
  • OSLO, Norway, Oct. 19, 2023 /PRNewswire/ -- Aker Carbon Capture has signed a pre-FEED contract for a major European power company to implement carbon capture at a portfolio of power plants in mainland Europe.
  • Aker Carbon Capture aims to deliver its bespoke Big Catch concept, which is fully integrated into the plants of the customer.
  • Aker Carbon Capture is developing a full-scale Big Catch facility with CO2 capture, conditioning, compression, heat integration, intermediate storage and loading for the Brevik cement plant in Norway.
  • These flagship projects contribute to Aker Carbon Capture's mission to standardize and modularize carbon capture plants, with reduced footprint and significant cost and energy benefits, to the mid-scale emitter market.

Aker Carbon Capture signed pre-FEED contract for several power generation facilities in Europe

Retrieved on: 
Thursday, October 19, 2023

OSLO, Norway, Oct. 19, 2023 /PRNewswire/ -- Aker Carbon Capture has signed a pre-FEED contract for a major European power company to implement carbon capture at a portfolio of power plants in mainland Europe.

Key Points: 
  • OSLO, Norway, Oct. 19, 2023 /PRNewswire/ -- Aker Carbon Capture has signed a pre-FEED contract for a major European power company to implement carbon capture at a portfolio of power plants in mainland Europe.
  • Aker Carbon Capture aims to deliver its bespoke Big Catch concept, which is fully integrated into the plants of the customer.
  • Aker Carbon Capture is developing a full-scale Big Catch facility with CO2 capture, conditioning, compression, heat integration, intermediate storage and loading for the Brevik cement plant in Norway.
  • These flagship projects contribute to Aker Carbon Capture's mission to standardize and modularize carbon capture plants, with reduced footprint and significant cost and energy benefits, to the mid-scale emitter market.

Aker Horizons ASA: First-Quarter Results 2022

Retrieved on: 
Friday, April 29, 2022

OSLO, Norway, April 29, 2022 /PRNewswire/ -- Aker Horizons ASA (OSE: "AKH"), a developer of green industrial projects and technologies that accelerate the net zero transition, today announced its financial results for the three months ended 31 March 2022.

Key Points: 
  • OSLO, Norway, April 29, 2022 /PRNewswire/ -- Aker Horizons ASA (OSE: "AKH"), a developer of green industrial projects and technologies that accelerate the net zero transition, today announced its financial results for the three months ended 31 March 2022.
  • Aker Horizons announced mergers with Aker Offshore Wind and Aker Clean Hydrogen, and the intention to subsequently merge Mainstream Renewable Power and Aker Offshore Wind
    Several strategic partnerships were announced, including an MoU signed between Aker Carbon Capture and Microsoft, and a joint venture between Nordkraft and Aker Horizons
    Industrial progress was made across the portfolio, with Mainstream Renewable Power's total portfolio of wind and solar projects increasing to 17.1 GW
    "We are pleased to have strengthened Aker Horizons' financial position by raising NOK 10.4 billion over the past two quarters.
  • Aker Horizons' liquidity reserve, including undrawn credit facilities, stood at NOK 5.5 billion as per 31 March 2022.
  • Aker Horizons announced its intention to combine Aker Offshore Wind and Mainstream, thereby creating an industrially and financially stronger renewable energy developer.

Aker Horizons ASA: First-Quarter Results 2022

Retrieved on: 
Friday, April 29, 2022

OSLO, Norway, April 29, 2022 /PRNewswire/ -- Aker Horizons ASA (OSE: "AKH"), a developer of green industrial projects and technologies that accelerate the net zero transition, today announced its financial results for the three months ended 31 March 2022.

Key Points: 
  • OSLO, Norway, April 29, 2022 /PRNewswire/ -- Aker Horizons ASA (OSE: "AKH"), a developer of green industrial projects and technologies that accelerate the net zero transition, today announced its financial results for the three months ended 31 March 2022.
  • Aker Horizons announced mergers with Aker Offshore Wind and Aker Clean Hydrogen, and the intention to subsequently merge Mainstream Renewable Power and Aker Offshore Wind
    Several strategic partnerships were announced, including an MoU signed between Aker Carbon Capture and Microsoft, and a joint venture between Nordkraft and Aker Horizons
    Industrial progress was made across the portfolio, with Mainstream Renewable Power's total portfolio of wind and solar projects increasing to 17.1 GW
    "We are pleased to have strengthened Aker Horizons' financial position by raising NOK 10.4 billion over the past two quarters.
  • Aker Horizons' liquidity reserve, including undrawn credit facilities, stood at NOK 5.5 billion as per 31 March 2022.
  • Aker Horizons announced its intention to combine Aker Offshore Wind and Mainstream, thereby creating an industrially and financially stronger renewable energy developer.