Capsol Technologies awarded engineering study for European BECCS project

About this update from Capsol Technologies Asa

Oslo, Norway, September 8, 2025 - Capsol Technologies, a leading provider ofcarbon capture technology, has been selected by an undisclosed client todelivera feasibility study for evaluating CapsolEoP® at a biomass fired combined heat-and-power plant in Europe.The study will evaluate a Bioenergy with Carbon Capture and Storage (BECCS)configuration capable of removing more than 200,000 tonnes of CO2 each year,turning the facility into a source of durable, net negative emissions.Fueled by waste wood, the facility already supplies renewable heat to nearbycommunities. A CapsolEoP® plant can efficiently generate additional energy foradistrict-heating network, optimizing overall energy use and reducing targetcostof high-quality carbon-dioxide-removal (CDR) credits."Biomass with carbon capture is emerging as a cornerstone of the net zerotoolbox. Partnering with a leading player on this landmark project acceleratesthe scale-up of negative emissions in Europe," said Johan Jungholm, ChiefBusiness Development Officer at Capsol Technologies.Market tailwindMomentum in the voluntary CDR market is accelerating: 15.48 million tonnes ofdurable CDR were contracted in Q2 2025 - more than all previous quarterscombined (13.6 million tonnes), according to CDR.fyi. Growing demand forverifiable removals strengthens the business case for BECCS projects.Capsol has a mature pipeline of more than 22.6 million tonnes of annual CO2capture capacity, of which more than 5 million tonnes come from biomass andenergy-from-waste. Capsol's technology is already licensed for three bio-CCSprojects, including Stockholm Exergi's 800,000 tonne-per-year BECCS plant,whichreached final investment decision in March 2025, underscoring market traction.Capsol has multiple high-conviction projects with potential FID's in 2026 andbased on target revenues of 10-15 EUR/tonnes, one fully priced FID could besufficient to generate positive EBITDA for three years.For further information, please contact:Jacob Zeno Clausen KrøvelSVP Investment and Strategy, Capsol Technologies+47 48 40 32 [email protected] Capsol TechnologiesCapsol Technologies ASA is a carbon capture technology provider with a goal ofaccelerating the transition to a net zero future. The technology combinesinherent heat recovery and generation in a stand-alone unit based on a provenand safe solvent. Capsol's technology is l...

View stock analysis, news, and events for Capsol Technologies Asa