Removr is stepping forward with partner Carbfix to tackle excess emissions in the atmosphere. The Norwegian direct air capture startup has signed Heads of Terms with Carbfix – the leading provider of permanent mineral carbon storage.
As per the agreement, Carbfix will deploy its technology to permanently sequester CO2 emissions via underground mineralization for Removr’s first large-scale direct air capture and storage plant expected to capture 100,000 metric tons of CO2 per year. The plant is scheduled to start operations in Iceland in 2027.
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So far, the company has launched four successful pilots demonstrating proof of concept with a capacity to capture 50 metric tons of CO2 per year. In February 2023, the startup announced its first industrial pilot, financed through Norway’s first-ever grant to DACCS, which will have the capacity to capture 300 metric tons of CO2 per year and will become operational in 2024. The pilot will also aim to test the technology’s applicability for low-concentration CO2 point source capture.
In 2025, the company is expected to launch its first 2,000 metric tons of CO2 capture commercial plant, prior to the launch of its 100,000 tpa plant. The goal of the commercial facility is to provide further key learnings to improve the energy efficiency and reduce the carbon footprint of its facilities at a larger scale. That is a critical step to drive the direct air capture and storage costs down.
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The 100,000 tpa plant will provide carbon removal services to corporate customers seeking to meet their net-zero commitments and compensate for historical emissions. The collaboration with Carbfix marks a critical step in Removr’s journey to industrialize direct air capture and storage.
“Combining Removr’s direct air capture concept with Carbfix’s leading storage solution marks a new tangible step towards industrializing DACCS. We look forward to further developing our partnership with Removr,” said Edda Aradóttir, CEO of Carbfix.