General Electric’s (GE – Free Report) unit, GE Gas Power, has entered into a joint development agreement (JDA) with the Canadian company, Svante, to develop and evaluate solid sorbent-based carbon capture technology for natural gas power generation applications. Simultaneously, GE made an equity investment in Svante for the latter’s U.S. $318-million Series E fundraising round in December 2022.
Svante Inc., considered to be a leader in carbon capture technologies, and General Electric (GE) Gas Power have partnered to to decarbonize natural gas-fired turbines.
GE and Svante will collaborate to develop and evaluate innovative solid sorbent technologies for carbon capture from natural gas power generation GE’s commitment to carbon
VANCOUVER, BC—March 8, 2023—Following a series of announcements related to new executive appointments, leading carbon capture and removal solutions provider, Svante, announced today that it
Venture capital investment slowed down in 2022 for many industries after reaching new highs in 2021, but that wasn’t the case for carbon mitigation. Last
VANCOUVER–(BUSINESS WIRE)—February 14, 2023—Svante, a leading carbon capture & removal technology solutions provider based in British Columbia, Canada, announced today that its executive team continues
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