UK Clean Tech Firms Plan Europe's Biggest Direct Air Capture Project

🇬🇧 Oilprice.com (GB) —
UK Clean Tech Firms Plan Europe's Biggest Direct Air Capture Project

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UK clean tech firms Airhive, Mission Zero Technologies, and Progressive Energy have formed the UnionDAC joint venture to build Europe's largest direct air capture facility on Teesside. The project aims to start CO2 removal in 2030 and capture 60,000 tons of carbon annually by 2032.

UK clean energy technology firms have set up a joint venture to build and operate Europe's biggest direct air capture project. Carbon capture technology developers Airhive and Mission Zero Technologies have joined forces with Progressive Energy, a developer of low-carbon energy projects, to build a direct air capture (DAC) facility on Teesside, south of Newcastle, Bloomberg reports. The new venture, named UnionDAC, expects to begin removing carbon dioxide (CO2) from air in 2030. Two years later, the venture plans to directly capture 60,000 tons…

Markets Deals Real Estate AI & Tech Energy clean energy direct air capture carbon capture UK joint venture UnionDAC Teesside

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