The multinational energy company E.ON has formally selected Capsol Technologies following a competitive bidding process. This agreement involves the execution of a detailed analysis to implement advanced carbon emission capture systems at the Norrköping plant, located in Sweden.
Capsol Technologies’ absorption technology and its market projections in Sweden
Consequently, the research will focus specifically on biomass power generation infrastructure and waste-to-energy systems. The operational goal is to validate the technical feasibility of processing a volume reaching 500,000 tonnes of carbon dioxide per year.
Regarding project development, the company will carry out engineering work in direct collaboration with a strategic industrial partner. The licensing company will contribute its previous experience in greenhouse gas mitigation initiatives to adapt its proprietary solutions to the facility’s thermal demands.
Furthermore, executive management has expressed the significance of this contract in consolidating its European positioning. Wendy Lam, CEO of Capsol Technologies, confirmed that the firm’s previous experience and industrial alliances facilitated the awarding of the tender in a commercial segment experiencing growing demand.
Finally, the business organization specified that the economic value of this study aligns with the standardized financial parameters for its commercial contract portfolio. The priority business segments for this technology are cement production, gas turbine operation, and municipal waste management.
Source and photo: Capsol Technologies
