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Tag: DAC
Canada has committed $2.5 million to Ottawa-based TerraFixing to advance its direct air capture (DAC) technology, designed specifically for northern climates. The funding comes from the Energy Innovation Program and...
Occidental is preparing to launch operations at its Stratos direct air capture (DAC) hub in Ector County, Texas, by the end of 2025. CEO Vicky Hollub confirmed during the company’s...
Meta’s Fundamental AI Research (FAIR) team, in collaboration with the Georgia Institute of Technology and artificial intelligence firm Cusp AI, has released the Open Direct Air Capture (DAC) 2025 Dataset...
Saudi Arabia has taken a significant step in its climate strategy by inaugurating the country’s first Direct Air Capture (DAC) demonstration unit, located at the King Abdullah Petroleum Studies and...
Prometheus Fuels has achieved a major commercial milestone, becoming the world’s first company to produce fully carbon-neutral e-Fuel from air using direct air capture (DAC) and off-grid renewable energy. Its...
Phlair GmbH and Carbon Removal AS, through its subsidiary NorDAC Kollsnes AS, have signed an agreement to develop Europe’s first large-scale Direct Air Capture (DAC) and geologic CO₂ storage facility...
Climeworks, a global leader in Direct Air Capture (DAC) and carbon removal solutions, has raised $162 million in additional equity financing, marking the largest carbon removal investment round of 2025...
Deep Sky, a Canadian-based Direct Air Capture (DAC) project developer, has entered a multi-year offtake agreement with Rubicon Carbon, marking the first time Rubicon will feature DAC credits in its...
Occidental and ADNOC’s investment arm, XRG, have signed a Strategic DAC Framework Agreement to evaluate a joint venture for a large-scale Direct Air Capture (DAC) facility in South Texas. Under...
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