Carbon capture technology specialist Mitico has raised $4.3m to accelerate two pilot projects for its granulated metal carbonate sorption carbon capture technology.
The California-based company has said the projects are scheduled for 2025 deployment and will demonstrate early market validation and the potential impact of its technology.
Originally developed at the California Institute of Technology, Mitico’s technology can capture over 95% of carbon dioxide (CO2) emissions from post-combustion point sources.
Sites that could benefit from the technology include gas-fired power plants, boilers, waste-to-energy, and biomass-to-energy facilities.
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