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Contribution

CO2 SOLUTIONS INC.

$5,050,000.00

FY 2015-16 · 2015-10-23

Summary
The purpose of this agreement is to optimize and operationally validate the proponent's enzymatically-accelerated solvent approach technology to efficiently capture 90% of the CO2 from flue gas of the stationary emissions sources such as oil production operations, power and steam plants and metals production facilities. In addition, the last phase of the project represents another important technological breakthrough that can achieve both lower costs CO2 capture as well as a smaller equipment size better suited to the retrofit of many industrial emitter locations which are space-constrained.
Program
—
Location
QUEBEC QUEBEC|QUÉBEC QUÉBEC, Canada
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

As published

Additional Information
Amendment: Text modification / Duration of agreement / Value / Award previously disclosed for the 2nd Quarter of 2015-2016. Grant or contribution awarded and spanning more than one fiscal year.
Additional Information (French)
Modification : Modification du texte / Durée de l'accord / Valeur / Subvention ou contribution antérieurement divulgée pour le 2e trimestre de l'exercice 2015-2016. Subvention ou contribution octroyée s'appliquant à plus d'un exercice financier.
Agreement Start Date
2015-10-23
Agreement Type
Contribution
Agreement Value
$5,050,000.00
Amendment Number
0
Organization Code
nrcan-rncan
Organization
Natural Resources Canada | Ressources naturelles Canada
Program Purpose
The purpose of this agreement is to optimize and operationally validate the proponent's enzymatically-accelerated solvent approach technology to efficiently capture 90% of the CO2 from flue gas of the stationary emissions sources such as oil production operations, power and steam plants and metals production facilities. In addition, the last phase of the project represents another important technological breakthrough that can achieve both lower costs CO2 capture as well as a smaller equipment size better suited to the retrofit of many industrial emitter locations which are space-constrained.
Program Purpose (French)
L'objectif de cet accord est d'optimiser et de valider le fonctionnement de l'approche de solvant accéléré aux enzymes de CO2 du promoteur dans le but de capter efficacement 90 % du CO2 des effluents gazeux provenant des sources fixes d'émission telles que les activités de production de pétrole, les centrales électriques et thermiques à vapeur et les installations de production de métaux. De plus, la dernière phase du projet représente une autre percée technologique importante susceptible de se traduire par un captage du CO2 à moindre coût et par un équipement plus petit et mieux adapté à la rénovation de nombreux sites industriels d'émission où l'espace est restreint.
Recipient City
QUEBEC QUEBEC|QUÉBEC QUÉBEC
Recipient Country
CA
Recipient Legal Name
CO2 SOLUTIONS INC.
Reference Number
GC-2016-Q3-05956