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Capsol demo started at SCHWENK plant as step towards decarbonized cement at scale

Capsol Technologies’ first of two CapsolGo[®] demonstrations campaigns for cement producer SCHWENK has commenced operations at Akmenės cement plant in Lithuania.IMAGE: CapsolGo® demonstration unit at Akmenės cementas, Lithuania, under installation.   With reference to the press release on August 13, 2024, Capsol Technologies’ CapsolGo® demonstration campaign for SCHWENK’s Akmenės cement plant in Lithuania has commenced operations.   "This carbon capture campaign marks a significant step in our journey towards decarbonization, enabling us to evaluate an innovative solution that

Capsol awarded feasibility study for carbon capture from energy-from-waste plant in Germany

Capsol Technologies has been awarded a feasibility study for the CapsolEoP® (End-of-Pipe) carbon capture technology at an energy-from-waste (EfW) plant in Germany. The study focuses on implementing a CO2 capture solution for a large-scale operation.Capsol Technologies aims to make carbon capture technology viable for more emitters, accelerating the transition to net zero. The superior HSE (Health, Safety and Environment) performance, and Capsol’s carbon capture and heat recovery system in one which returns waste heat to the district heating system and increases energy efficiency, is what

Holcim Group to test Capsol’s carbon capture technology as a step towards decarbonized cement

Image: Dotternhausen cement plant. Image courtesy of Holcim South Germany. Capsol Technologies has signed a cooperation agreement with Holcim Group, a global leader in innovative and sustainable building solutions. The agreement includes the delivery of a CapsolGo[®] carbon capture demonstration campaign at a plant in southern Germany as the first step in a broader collaboration aimed at decarbonizing Holcim’s global portfolio of industrial plants.“This marks a significant milestone for Capsol Technologies as we initiate the demonstration of our CapsolEoP[®] technology at a Holcim cement

Endre O. Sund to step down as Chair of the Board in Capsol in 2025

Endre O. Sund (b. 1950), Chair of the Board at Capsol Technologies ASA, has notified the Nomination Committee that he will not seek re-election when his term concludes in 2025. Sund has been an integral part of Capsol’s growth journey since joining the Board of Directors in 2018 and serving as Chair since 2020.   “Over the past few years, we have commercialized carbon capture technologies that enable emitters to make CCS investments profitable, expanded internationally, and built a mature project pipeline with 15 million tons of annual CO2 capture potential. Earlier this year, we

Presentation at Fearnley Securities Renewables & Clean-Tech Conference

Capsol Technologies’ CEO Wendy Lam will be presenting at Fearnley Securities’ sixth Annual Renewables & Clean-Tech Conference, today, December 4, 2024, at 15:00 CET, track #4.   Please find the presentation attached.   To receive Capsol’s stock exchange and press releases via email, subscribe at capsoltechnologies.com/investors.     For further information, please contact:Ingar BerghChief Financial Officer, Capsol Technologies ASA+47 926 20 330 ingar.bergh@capsoltechnologies.com  About Capsol Technologies Capsol Technologies ASA is a carbon capture

Capsol awarded feasibility study by global energy company to decarbonize European refinery

Capsol Technologies ASA has been awarded a feasibility study for the CapsolEoP[®] (end-of-pipe) carbon capture solution by a global energy company at one of its oil refineries.The study is for a plant in Northern Europe aiming to capture 800,000 tons of CO2 per annum.   “We are pleased to be awarded our first feasibility study for carbon capture in the refining industry. Carbon capture utilization and storage (CCUS) is crucial to the decarbonization of energy-intensive industries with high levels of CO2 emissions, such as refining. It is inspiring to work with a company that is

Capsol Technologies and Sumitomo SHI FW demonstrate potential to capture up to 400,000 tons of CO2 at Mälarenergi’s bio-CHP plant in Sweden

Capsol Technologies ASA (Capsol) and Sumitomo SHI FW (SFW) announce a carbon capture demonstration campaign at Swedish Mälarenergi’s combined heat and power (bio-CHP) plant in Västerås, Sweden. The demonstration unit will commence operations in November 2024 as part of a rental agreement between SFW and Capsol.Mälarenergi and SFW have signed an agreement under which SFW will provide a mobile carbon capture demonstration facility and Mälarenergi will host the corresponding operation activities at their biomass plant in Västerås, Sweden. The mobile carbon capture unit, delivered by Capsol, is

Capsol Technologies ASA: Mandatory notification of trade - CEO buys shares in Capsol

Wendy Lam, CEO of Capsol Technologies ASA (“Capsol”), has purchased 22,325 shares in Capsol today November 5, 2024, at an average price of NOK 11.89 per share. The shares were acquired on the Oslo Stock Exchange. Following this acquisition, Lam has 38,198 shares in Capsol.     Disclosure regulation: This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.     For further information, please contact:Ingar BerghChief Financial Officer, Capsol Technologies ASA+47 926 20 330 ingar.bergh@

Capsol Technologies ASA - Q3 2024: Strengthened CCS business case for emitters drives demand growth

Capsol Technologies ASA, a provider of carbon capture technology to large emitters, today announced its results for Q3 2024.Steady demand growth · Revenues up 80% to NOK 21.6 million, compared to same period in 2023. · Mature project pipeline up ~60% to 15 million tons CO2, representing potential pre-tax profits of more than NOK 1.2 billion. · Growing traction in cement sector with award of feasibility study from cement producer in Germany and CapsolGo® campaigns with SCHWENK, a leading European cement producer.   Lower cost solution yields attractive returns for emitters

Capsol Technologies establishes Advisory Board to support international expansion

Capsol Technologies ASA, a provider of carbon capture technology to large emitters, today announces an international Advisory Board as part of the company’s global scale-up.The Advisory Board brings together seasoned experts from industry, technology development, commercialization, academia, and government policy. With the recent addition of Chris Barkey, former CTO of the leading energy technology company Baker Hughes, the Advisory Board is now complete.   "I am happy to join as an independent advisory board member for Capsol Technologies, sharing the passion about driving the energy

Invitation to Capsol Technologies’ Q3 2024 interim report presentation

CEO Wendy Lam, CFO Ingar Bergh and CPO Philipp Staggat will present Capsol Technologies’ Q3 2024 interim report on Tuesday, November 5, 2024, at 15:00 CET.The report and presentation material will be published the same day at 07:00 CET at capsoltechnologies.com.   The presentation and Q&A session will be broadcast as a webcast and questions can be submitted throughout the streaming event: https://channel.royalcast.com/landingpage/hegnarmedia/20241105_6/   Date: Tuesday, November 5, 2024 Time: 15:00 CET   To receive Capsol’s stock exchange and press releases via email,

Capsol awarded feasibility study from cement producer in Germany

Capsol Technologies has been awarded a feasibility study for the CapsolEoP® (End-of-Pipe) carbon capture technology at a cement plant in Germany. The study is for a plant aiming to capture 400,000 tons of CO2 per annum.   “We are pleased to be awarded our sixth engineering study for carbon capture on a cement plant. It is inspiring to work with industry players that have clear emission targets. With this study, Capsol continues to build a position as a preferred carbon capture technology provider for the cement industry,” says Wendy Lam, CEO of Capsol Technologies.   Carbon

Capsol Technologies – Presentation at Pareto Securities’ 31st annual Energy Conference September 11, 2024

Capsol Technologies’ CEO Wendy Lam will be presenting at the Pareto Securities´ 31st annual Energy Conference, today, September 11, 2024, at 17:10 CET. Please find the presentation attached.    For further information, please contact:Ingar BerghChief Financial Officer, Capsol Technologies ASA+47 926 20 330 ingar.bergh@capsoltechnologies.com (mailto:ingar.bergh@capsoltechnologies.com)     About Capsol Technologies Capsol Technologies ASA is a carbon capture technology provider with a goal of accelerating the transition to a net zero future. The technology

Capsol Technologies ASA: Mandatory notification of trade

Oslo, Norway – September 3, 2024Oppkuven AS, a company closely associated to Endre O. Sund (chairman), has onSeptember 2, 2024, transferred all of its 1,844,136 shares in CapsolTechnologies ASA to Alphecca AS. The transfer was made as part of a groupcompany reorganization of Oppkuven AS into Alphecca AS. Alphecca AS is a companywholly-owned by Endre O. Sund’s son, Tharald Sund Fongaard. The transfer wasmade at NOK 13.30 per share, equal to the last traded price on September 2,2024. After this, Endre O. Sund does not hold any shares in Capsol TechnologiesASA.For further

Capsol Technologies ASA – Q2 2024: Biomass and cement driving demand in Europe – achieved key growth milestones in gas turbines and North America

Capsol Technologies ASA, a provider of carbon capture technology to large emitters, today announced its results for Q2 and first half 2024.Increased demand and target price range · Mature project pipeline expanded to 13 million tons of annual CO2 capture capacity, up 2x year-over-year driven by biomass/BECCS and increasingly cement in Europe. · Target price range increased during the quarter to EUR 10-15 per ton installed CO2 capture capacity, compared to EUR 7-12 per ton previously. · Microsoft and Alphabet/Meta backed fund agreed to buy permanent carbon removals from Capsol

Capsol Technologies ASA: New share capital registered

Oslo, Norway - August 23, 2024Reference is made to the stock exchange announcement published by CapsolTechnologies ASA (the "Company") on August 14, 2024, regarding the issue of newshares following the exercise of share options in the Company.The share capital increase pertaining to the issuance of 110,000 new shares inthe Company has now been registered with the Norwegian Register of BusinessEnterprises (Nw. Foretaksregisteret).The Company’s new registered share capital is NOK 31,449,334.5 divided into62,898,669 shares, each with a nominal value of NOK 0.5.For further

Capsol Technologies ASA: Issue of new shares following share option exercise

Oslo, Norway, August 14, 2024Capsol Technologies ASA (the “Company”) announces that a former member of theCompany’s board of directors and a former employee has exercised respectively100,000 and 10,000 options (in total 110,000 options) under the Company’s shareincentive programme at a strike price of NOK 10 per share. As a result of theexercise, the Company will deliver 110,000 new shares.Thus, the board of directors has today resolved to issue 110,000 new shares at asubscription price of NOK 10 per share, pursuant to the board’s authorisation toissue new shares granted in

Capsol Technologies ASA: Presentation of half year and Q2 2024 results

Oslo, Norway – August 14, 2024CEO Wendy Lam, CFO Ingar Bergh and Chief Technical Officer Cato Christiansenwill present the half year and Q2 2024 results on Tuesday August 27, 2024, at08:15 CEST. The presentation will be broadcast as a webcast and questions can besubmitted throughout the streaming event:https://channel.royalcast.com/landingpage/hegnarmedia/20240827_3/Date: Tuesday, August 27, 2024Time: 08:15 CESTQuestions can be submitted throughout the streaming event and the presentationmaterial will be published at 07:00 CEST.For further information, please contact:

SCHWENK orders CapsolGo[®] carbon capture demonstration campaigns for two cement plants

Capsol Technologies has signed a contract for the delivery of two CapsolGo[®] carbon capture demonstration campaigns at SCHWENK’s Building Material Group’s Brocēni cement plant in Latvia and the Akmenės Cementas cement plant in Lithuania.The CapsolGo[®] demonstration campaigns follow a feasibility study done by Capsol for the Brocēni cement plant earlier this year and will be delivered as all-inclusive services with a testing and validation program, providing SCHWENK with valuable data and information on the CapsolEoP[®] (End-of-Pipe) capture technology. The demonstration period will be

Capsol Technologies ASA: First day of trading

Oslo, Norway – June 19, 2024NOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, INOR INTO THE UNITED STATES OF AMERICA (INCLUDING ITS TERRITORIES AND POSSESSIONS,ANY STATE OF THE UNITED STATES OF AMERICA AND THE DISTRICT OF COLUMBIA) (THE"UNITED STATES"), AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGIONOF THE PEOPLE'S REPUBLIC OF CHINA OR JAPAN, SOUTH AFRICA OR ANY OTHERJURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.Reference is made to the stock exchange announcement published by CapsolTechnologies ASA (the "

Capsol Technologies ASA: New share capital registered

Oslo, Norway – June 17, 2024Reference is made to the stock exchange announcement published by CapsolTechnologies ASA (the "Company") on June 5, 2024, regarding the successfulplacement of a retail offering to the public in Norway and Sweden (the “RetailOffering”) of up to 2,250,000 new shares (the “Offer Shares”).The Offer Shares were issued by resolution of the Company’s board of directors,pursuant to a board authorisation, each at a subscription price of NOK 13.30 perOffer Share.The share capital increase has now been registered with the Norwegian Registerof Business

Capsol Technologies and Audubon: Positive study results and CCS Expo presentation move CapsolGT® one step closer to commercialization

Capsol Technologies and Audubon Engineering Company are pleased to announce positive results on a pre-FEED (front-end engineering and design) study of CapsolGT[®], to be presented at the Carbon Capture Technology Expo North America later this month. Preliminary results prove the technology’s performance and efficiency even in the most challenging environments, confirming that CapsolGT[®] can offer the industry’s lowest carbon capture cost—and even be profit-generating—for owners of gas power plants and other industrial applications of open-cycle gas turbines across North America and the

Capsol Technologies ASA: Retail Offering successfully placed

Oslo, Norway - June 5, 2024NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY ORINDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA (INCLUDING ITS TERRITORIESAND POSSESSIONS, ANY STATE OF THE UNITED STATES OF AMERICA AND THE DISTRICT OFCOLUMBIA) (THE "UNITED STATES"), AUSTRALIA, CANADA, THE HONG KONG SPECIALADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA OR JAPAN, SOUTH AFRICAOR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFULReference is made to the announcement on May 24, 2024, whereby Oslo Børsresolved to admit

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