Climeworks Announces New Headquarters In The US

Climeworks Announces New Headquarters In The US - Carbon Herald
Climeworks’ Chief Project Development Officer Daniel Nathan and Chief Operating Officer and General Manager of U.S. Douglas Chan pictured in Climeworks’ HQ in Austin, Texas. Credit: Climeworks

Climeworks, the leader in direct air capture development, announced expansion of its team in the US. The company released on March 13th an update for its new U.S. headquarters in Austin, Texas, with additional teams to be located in New York, Washington, D.C. and California. The new locations are a strong testimony of Climeworks’ accelerated growth in the U.S.

The company plans to triple its American team by the end of 2024 with new roles now advertised across multiple disciplines such as Engineering, Project Management, Supply Chain, Technology, Project Development, and others. According to the announcement, the Commercial and Corporate Finance professionals will form the majority of teams operating from satellite locations on each coast.

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“Last year, Climeworks announced its plans to scale up in the United States. Our new headquarters in Austin, Texas, complemented by a presence on the West and East Coasts will enable us to grow more rapidly and provide a foundation for multiple direct air capture projects in the U.S. in the coming years,” commented Douglas Chan, Climeworks’ Chief Operating Officer and General Manager of U.S.

Last year, the U.S. Department of Energy (DOE) announced up to $1.2 billion in funding to advance two commercial-scale direct air capture facilities, as well as 19 additional projects that will support earlier stages of project development, including feasibility assessments and front-end engineering and design (FEED) studies. 

The two projects are part of the Regional DAC Hubs Program announced in 2022 that will allocate a combined $3.5 billion to help accelerate the demonstration and deployment of direct air capture technologies across America. 

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The U.S. Department of Energy (DOE) also selected all three DAC Hubs that Climeworks participates in: Project Cypress in Louisiana (project team: Battelle, Climeworks and Heirloom), Prairie Compass Hub in North Dakota (the University of North Dakota, Energy & Environmental Research Center and Climeworks), and the California DAC Hub in California (team: Electric Power Research Institute, Inc., California Resources Corporation, Avnos, Climeworks, SoCalGas, Kern Community College District, the National Renewable Energy Laboratory, Lawrence Livermore National Laboratory, University of Michigan, and California State University). All three hubs are to be eligible for a total of more than $600 million in government funding. 

The headquarters in Austin, Texas is a chosen location for Climeworks due to the strong talent pool, business-friendly environment, and its central place. The city also has a goal of achieving net zero emissions by 2040. So far, Climeworks has a global team of more than 450 employees with headquarters in Zurich, Switzerland. The company also operates in Germany, and Iceland and is actively exploring or developing projects in Kenya, Canada, Norway and the Middle East.

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