Climeworks has started construction of its new direct air capture and storage plant Orca in Iceland, as was reported in a press release. On completion in spring 2021, it will capture more than 4,000 tons of CO2 from the atmosphere each year. Technology developed by Climeworks makes this possible. The captured CO2 is compressed and injected underground, where it then forms stable carbonate minerals. Climeworks is collaborating with Carbfix on this carbon storage solution.
The energy required to run Orca will come from purely renewable sources, specifically from the nearby geothermal plant of Icelandic power company ON Power.
The Orca plant will permanently remove CO2 from the atmosphere on behalf of corporations and institutions, but individuals can also join through a unique subscription-based program and help the fight against climate change.
Climeworks was founded as a spin-off from the Swiss Federal Institute of Technology in Zurich (ETH) and has its headquarters in Zurich. The startup’s vision is to inspire one billion people to act now and remove CO2 from the air.