CarbonQuest

Will you be at #CERAWeek next week? If so, check out our CEO Shane Johnson’s presentation on?The Power of Distributed Carbon Capture?to learn more about our distributed carbon capture? technology. We’d also love to connect while you’re there!?Anna Pavlova, our SVP for Strategy, Market Development and Sustainability, and?Shane will be at CERAWeek and #CWAgora all week.?Please let us know if you’re interested in meeting to discuss how distributed carbon capture can be a cost-effective decarbonization solution for energy, utility, data center, and other infrastructure. Combined?with onsite power, we offer a resilient, reliable?and decarbonized solution for your power needs. Last week, CarbonQuest closed a $20M funding round led by Texas-based Riverbend Energy Group , and we’re excited to continue advancing discussions with local Texas energy companies.?You can read more about Shane’s presentation and register for CERAWeek below. Date:?Thursday March 13, 3-4pm CT?? Description:?Modular solid adsorbent technology delivers the most flexibility and lowest levelized cost of carbon for diverse distributed carbon capture applications. Location:?GRB L3 Pod 5. https://lnkd.in/eeyjtTSf

??? Vote for CarbonQuest! ??? We’re proud to be a GeekWire Awards finalist for Sustainable Innovation of the Year and need your help to win! CarbonQuest’s distributed carbon capture? solution is unique in its modularity, small physical footprint, use of non-toxic solid materials, and ability to address emissions in multiple applications. We love our home region, the Pacific Northwest, and see lots of opportunity to bring #climatetech jobs to this area. We are honored to be a finalist in the GeekWire Awards that celebrate top innovators, entrepreneurs, and tech leaders in the #PNW. Winners are determined by community voting, which runs through March 23rd, and will be announced at a live ceremony on April 30th. Help us bring home the win! Vote here by 3/23 to support emissions reductions in the PNW: https://lnkd.in/gNi5MVeh

Read about CarbonQuest in Axios! Alan Neuhauser reported on the close of our $20 million funding round, highlighting how our?distributed carbon capture? technology?decarbonizes “hard-to-abate” facilities. Alan explains, “CarbonQuest builds and sells modular systems that trap the emissions generated by natural gas heating systems and energy infrastructure, such as on-site power generators used by many data centers.” We’re excited to leverage this capital to deploy our technology in new applications across the United States. Read the article here: https://lnkd.in/eS-bXMvm #climatefinance #carboncapture #cleantech #energytransition

CarbonQuest is proud to announce that we have closed a $20 million funding round! Thank you to investors, Riverbend Energy Group , Aligned Climate Capital , and Energy Capital Ventures. Our CEO, Shane Johnson, said, “This investment will accelerate our scaling efforts, allow us to hire more talent, and support the development of a diverse base of projects. We also value the expertise of our investors in the key sectors where we enable decarbonization.” We look forward to sharing more exciting updates about our growth plans in the months ahead! Read more here:?https://lnkd.in/ez4utJxd? #climatefinance #carboncapture #cleantech #energytransition

CarbonQuest is proud to be selected as one of the 25 fastest-growing companies in the Spokane region by Ignite Northwest! We look forward to building on this success and advancing local economic and climate goals. Congratulations to the other highlighted companies. Read more here:?https://lnkd.in/epzH3fiP

As electricity demand continues to rise, grid operators are also facing the challenge of retiring onsite power generation systems like combined heat and power (CHP). In fact, 54,700 MW of CHP capacity across 36 states is at risk of retirement, putting additional strain on grid stability if these systems aren’t modernized or repowered. CarbonQuest sees CHP systems as critical to the reliability of power supply in the U.S. Combining CHP with CarnbonQuest's distributed carbon capture? technology reduces CO2 emissions in those systems, while ensuring reliable onsite power. We believe there should be increased investment to grow CHP capacity in the U.S. and expand its use across multiple market segments. Read more about the current state of electricity reliability in this North American Electric Reliability Corporation (NERC)report: https://lnkd.in/ek_FNyXs

CarbonQuest is proud to stand with over 160 organizations in urging Congress to uphold the federal 45Q tax credit for carbon capture. This tax credit will help the industry scale faster and move more complex, hard-to-abate projects off the ground. We also believe that some of the new exciting pathways to use CO2, such as alternatives in plastic production and jet fuel, should have parity in the tax code with the CO2 sequestration tax credit. We are following closely and hopeful that the program will get started soon. Read the full letter below.

Thank you to the Spokane Journal of Business and Linn Parish for hosting a wonderful ceremony to celebrate the most influential leaders in the region, including our CEO Shane Johnson. We look forward to scaling our Spokane operations and deploying our #carboncapture systems throughout the city and state, contributing to both climate and economic goals. Read more about Shane’s recognition here:?https://lnkd.in/e4wXw_ct?

At the #CHPSummit2024, our?SVP of Strategy, Market Development, and Sustainability?spoke about how cogeneration systems, combined with #carboncapture, can decarbonize hard-to-abate facilities like manufacturing sites and data centers. “When a data center or an energy system comes in and needs additional power, we can put CHP onsite or in a cluster. We can put them on local council land or city land, and then we can do carbon capture and sometimes we can even locally sequester the CO2, meaning putting it in the ground and it will be gone forever. All of this can be completely local and provide reliable power.” - Anna Pavlova Watch below!

The Seattle Times’ Conrad Swanson highlights CarbonQuest as a leading #carboncapture company decarbonizing the most hard-to-abate facilities across the U.S. In his article that explores the differences between carbon capture and removal, Conrad explains how our systems can reduce over 90% of emissions generated by boilers, fuel cells, and other distributed generation power systems. “Think of a smokestack, said Shane Johnson, president and CEO of the?Spokane-based CarbonQuest. The company’s technology attaches to the side of that stack, drawing in emissions and using a chemical process to effectively absorb carbon dioxide. The mechanism then churns the remaining (cleaner) emissions back into the smokestack and, ultimately, out into the atmosphere.” ? Thanks for featuring us!?https://lnkd.in/e2qeEbYY