Carbon capture company CO2 Capsol announced on Wednesday it has signed a memorandum of understanding with Zurich-based greentech company Hitachi Zosen Inova (HZI) to develop projects for carbon capture technology on waste to energy plants. The MoU is non-exclusive and valid for three years.
CO2 Capsol’s technology implements a hot potassium carbonate CO2 separation process for energy-from-waste plants. That would add a third solution to HZI’s portfolio of CO2 separation technologies. It comes in addition to Hitachi’s existing amine scrubbing separation (Aker-type) and mineralization technologies for carbon capture (Carbonfree).
According to CO2 Capsol, carbon capture is now a solution attracting a lot of interest from plant operators and key players in the waste-to-energy industry to decarbonize their plants. The deal will aim to combine the company’s energy-efficient and cost-competitive End of Pipe (EoP) carbon capture technology utilizing the safe Hot Potassium Carbonate (HPC) solvent, and HZI´s engineering, procurement, and construction experience to deliver waste to energy plants.
“Capsol End of Pipe [carbon capture technology] is ideally suited to capturing CO2 from post-combustion,” said Jan Kielland, Capsol Chief Executive.
The deal between the two companies is well positioned due to the experience and innovation of both partners to offer the best possible solution for every specific requirement in order to support the decarbonization and implement circular economy landscapes globally.