Svante Partners with Tenaska for Carbon Capture Solutions
01/17/25, 9:54 AM
Location
burnabyIndustry
other
Type
partnership
Svante Technologies Inc. has signed a Memorandum of Understanding (MOU) with Tenaska, a prominent CO2 transportation and sequestration service provider, to collaborate on delivering cost-effective, integrated solutions for industrial carbon capture and storage (CCS). This partnership represents a significant step toward addressing global industrial emissions and advancing the decarbonization of many industrial sectors.
Company Info
Location
burnaby, british columbia, canada
Additional Info
Svante offers companies in emissions-intensive industries a commercially viable way to capture large-scale CO2 emissions from existing infrastructure, either for safe storage or to be used for further industrial use in a closed loop. With the ability to capture CO2 directly from industrial sources at less than half the capital cost of existing solutions, Svante makes industrial-scale carbon capture a reality. Svante’s Board of Directors includes Nobel Laureate and former Secretary of Energy, Steven Chu, Chairman Steven Berkenfeld former Head of Industrial & Cleantech Practice at Barclays Capital, and CEO of OGCI Climate Investments Pratima Rangarajan.