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32 min ago 2 min read
Belgian cleantech startup Sirona Technologies will develop its flagship European direct air capture with carbon storage (DACCS) facility in Oygarden, western Norway, targeting a capture capacity of up to 10,000 tonnes of carbon dioxide (CO2) a year by 2029.
Project Furu’s DAC units will be supported by Norwegian hydropower, and captured CO2 will be sequestered at the nearby Northern Lights carbon capture and storage (CCS) facility.
The first phase of the project is ready for deployment, with sites, permits, and energy sources in place. Sirona said it will ship its first container and build an operational track record to unlock project finance for future phases.
Project Furu is being developed in partnership with Norwegian sustainable energy specialist CCB Energy, which is building CarbonLink, an infrastructure platform designed to aggregate smaller DAC volumes and deliver them into the Northern Lights CCS terminal.
The Northern Lights project is a equally owned by energy specialists Equinor, Shell, and TotalEnergies.
Sirona Technologies will deploy the modular technology in multiple phases, derisking operations and unlocking project finance over time.
In February, the European Commission adopted the first set of certification methodologies under the carbon removal certification framework (CRCF) for permanent removals.
The methodology paves the way for DACCS to be included in the EU Emissions Trading System (EU ETS).
The regulatory change positions Project Furu to be a supplier for the EU compliance carbon market once it opens to DAC technology.
Thoralf Gutierrez, CEO of Sirona Technologies, said, “Europe is putting the incentives in place, and we are putting the projects on the ground.”
