Capsol Technologies: Capsol and GE Vernova sign collaboration agreement to explore CapsolGT® solution on GE Aero-derivative gas turbines
Oslo, Norway – 1 September 2023Capsol Technologies and GE Vernova’s (gevernova.com) Gas Power business(NYSE:GE) aim to offer lower-carbon gas power by deploying GE’s aeroderivativegas turbines in combination with CapsolGT® carbon capture plants. A firstproject specific three-party collaboration agreement with Marine Low CarbonPower Company Limited (MLCP) has been signed for gas-to-wire projects.CapsolGT®, Capsol's technology designed for simple cycle gas turbines, not onlycaptures over 95% of CO2 emissions of the exhaust gas but also generatesadditional electricity.