CO280 Solutions, a Canadian CO2 removal project developer, and Aker Carbon Capture, a subsidiary of Norwegian engineering company Aker Solutions, have signed an agreement with Microsoft to scale the capture and sequestration of biogenic CO2 at pulp and paper mills in the US and Canada.
The partnership will develop biogenic carbon capture projects, including those currently in CO280's pipeline and potential new projects. In addition, the collaboration will leverage CO280's expertise to develop an efficient process for assessing the feasibility of carbon capture in pulp and paper mills while utilizing Aker Carbon Capture's facilities, including the modularized Just Catch series.
Both parties will leverage Microsoft's digital capabilities, cloud computing platforms, and solutions to standardize lifecycle assessment (LCA) and measurement, verification, and reporting (MRV) systems for carbon capture projects.
The companies will also develop a digital tool to compare CO280 Solutions’s upcoming projects against Microsoft's high-quality carbon removal criteria.
Analyst QuickTake: This partnership was announced following a similar collaboration between CO280 Solutions and Aker Carbon Capture in March 2024 to develop carbon dioxide removal (CDR) projects in the pulp and paper industry in the US and Canada.
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