
Displaying items by tag: Capsol Technologies
Capsol Technologies wins two further carbon capture contracts in Europe
19 September 2023Europe: Norway-based Capsol Technologies says that it has signed contracts for two new feasibility studies for carbon capture installations at ‘large cement plants’ in the EU. If successful, the plants will proceed to the installation of Capsol Technologies’ CapsolEoP carbon capture systems. Nordic Daily News has reported that the technology reduces the energy consumption of carbon capture by 50%, and lowers its costs by 25%, according to the supplier.
The new contracts bring Capsol Technologies’ number of cement industry carbon capture contracts to four, and its total contracts to nine, with a potential CO2 capture capacity of 10Mt/yr.
CEO Jan Kielland said "We are pleased that our solution is gaining attention, as demonstrated by an increasing number of incoming requests for sales engineering and engineering studies, and look forward to being a major contributor in the path to net zero for cement.”
Capsol Technologies to run carbon capture feasibility study at cement plant in Northern Europe
12 July 2023Norway: Capsol Technologies has been awarded a feasibility study for the CapsolEoP (end-of-pipe) carbon capture product at an unnamed cement plant in Northern Europe. The study is for a plant aiming to capture more than 1Mt/yr of CO2. The award is Capsol Technologies’ first paid engineering study on a cement plant. The company says it is seeing an increasing amount of request and sales engineering work in the cement sector and it expects more engineering studies to be awarded going forward.
Jan Kielland, the chief executive officer of Capsol Technologies, said “The fact that the CapsolEoP carbon capture technology is easy to integrate without disrupting the operations of the host plant is an attractive value proposition to these types of facilities. In addition, the emission from a cement plant has a high concentration of CO2 making it especially beneficial for the CapsolEoP technology relative to competing technologies, bringing down the cost per unit CO2 captured.”
Norway-based Capsol Technologies is promoting a solvent/scrubbing-based approach to carbon capture using hot potassium carbonate (HPC). It was awarded a technology licensing agreement for the Stockholm Exergi BEECS (Bioenergy Carbon Capture and Storage) project in July 2022. It has also received orders for its CapsolGo carbon capture demonstration unit in Sweden and Germany.