By Mariam Ahmad
Energy Digital, May 4th,2023
Carbon Clean, a renowned global company providing solutions for carbon capture, has announced a significant expansion in North America in response to increasing demand for its carbon capture technology. The company has established its US headquarters in Houston, Texas, and plans to double its US staff to cater to the growing market for its fully modular technology, CycloneCC. This expansion is expected to make North America Carbon Clean’s biggest market.
Carbon Clean, based in the UK, offers cost-effective industrial carbon capture solutions for essential hard-to-abate industries such as cement, steel, refineries, and energy from waste. The company’s technology has been implemented in 49 locations globally and has captured over 1.8 million tonnes of CO2.
The Inflation Reduction Act (IRA) has led to a surge in demand for industrial carbon capture, with US enquiries for Carbon Clean increasing by over 64% since the act was passed in August 2022.
Carbon Clean has been operational in the US for more than four years, with its largest partner being Chevron New Energies based in Houston, which led the company’s $150 million Series C round in May last year. Carbon Clean’s establishment of a permanent presence in Houston, as well as its plans for further investment in the US, underscores its strong commitment to this growing market.
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