Capsol Technologies ASA – Q1 2024: Accelerating demand growth, expanding offering and reach
Oslo, Norway – April 22, 2024Capsol Technologies ASA, a provider of carbon capture technology to largeemitters, today announced its results for the first quarter of 2024.Accelerating revenues and pipeline growth• Mature stage of sales pipeline totalling 13 million tons of CO2, up 400%year-over-year, with a record number of engineering studies awarded withinenergy-from-waste and cement• Revenues of NOK 19.5 million, compared to NOK 0.9 million in Q1 2023, drivenby engineering studies and CapsolGo® carbon capture demonstration campaigns• Current business plan fully funded