Published:
January 21, 2021
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January 21, 2021
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Further Reading
Carbon America raises USD 30 million in Series A round for end-to-end carbon capture solutions
News Commentary | January 21, 2022
Carbon America raised USD 30 million at the end of 2021 to deploy vertically integrated carbon capture projects, spanning capture technology to final sequestration, with the first goal of beginning operations at an ethanol plant in 2023. The company claims to have several partnerships in place but ... Not part of subscription
Shell establishes a joint venture to invest USD 1.6 billion for carbon credits in India
News Commentary | January 21, 2022
Through a joint venture with EKI Energy Services, Shell plans to invest USD 1.6 billion over the next five years to generate 115 million carbon credits through nature‑based solutions. While a proportion of the credits will offset Shell's operations, a portion of it will also be sold in the open ... To read more, click here.
CarbiCrete raises a USD 12 million Series A for CO₂-to-concrete technology
News Commentary | April 04, 2022
CarbiCrete produces low‑carbon concrete that uses waste steel slag as an alternative to cement. The produced concrete can be cured with CO2 (50 kg CO2 per tonne of concrete) and has the potential to permanently sequester CO2 captured from industrial flue gas. The company raised USD 12 million in a ... Not part of subscription
by Holly Havel
The undisclosed Series C funding will support Blue Planet as it scales its CO2-to-concrete technology in the U.S. The company differentiates from competitors by offering CO2 capture capabilities along with mineralization technology, which can help offset production costs to provide cost-competitive low-carbon aggregates. It's also interesting to note Chevron's prior investments in Carbon Clean and Carbon Engineering and recent collaboration with Pan-United, an indication that the U.S. oil major is betting on a diverse portfolio of novel CCU technologies for decarbonization. Clients with carbon-intensive operations should consider similar decarbonization strategies, particularly for industries like cement that lack low-carbon alternatives.
For the original news article, click here .