![]() ![]() ![]() It generated 304 GWh of wind energy worth over $100 million in annual electricity rates during the third quarter. Moreover, it has been quickly developing its renewables portfolio. ![]() It has stakes in over 30 CCS projects, including the Norwegian government’s Northern Lights project, which boasts a storage capacity of 1.5 million tons of carbon dioxide per year. Norwegian oil giant Equinor is one of the oldest CCS specialists globally. Illustrative editorial of EQUINOR (EQNR) website homepage, with EQUINOR logo visible on display screen. Additionally, it plans to secure contracts covering 10 million tons per year by 2025. Moreover, the company has identified over 700 emitters across Europe. The Big Catch can capture over 400,000 tons of carbon dioxide per year, while the Just Catch has a capacity of 40,000 to 100,000 tons per year.ĪCC focuses on the lucrative northern European market but will soon expand to the North American region. The company has two main products, including the Big Catch and Just Catch. Aker Horizons, a “ planet-positive” investment firm, owns a majority stake in ACC and provides core project finances to produce ACC’s products. The firm spun off from Aker Solutions, a leading energy services enterprise, both of which are part of the Norwegian industrial giant Aker Group, which trades on the Oslo Stock Exchange. Source: Vitalii Vodolazskyi / Īker Carbon Capture is a carbon capture pure-play with its mission in “ enabling emission-free industries and energy solutions through carbon capture.” Page of newspaper with words penny stocks. ![]()
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