“COLUMBUS, Ohio (March 27, 2024)—Project Cypress, a partnership led by Battellewith leading clean technology developers Climeworks and Heirloom, has been awarded a contract from the U.S. Department of Energy (DOE)’s Office of Clean Energy Demonstrations (OCED) to establish one of the nation’s first Direct Air Capture (DAC) Hubs in Louisiana following negotiations that began last August.
Funding for Project Cypress is a result of the Bipartisan Infrastructure Law’s Regional Direct Air Capture (DAC) Hubs program. With the initial award of $50 million from OCED, Project Cypress also will mobilize $51 million in private investment to begin the initial phase of the DAC Hub that, when fully operational, is intended to remove 1 million tons of excess carbon dioxide from the air every year by 2030. Project Cypress is eligible for up to $600 million in matched federal investment under this funding opportunity.”
https://www.heirloomcarbon.com/news/project-cypress-awarded-contract-from-department-of-energy
Money flow into DAC, page-5
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CXL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.20 |
Change
-0.060(4.76%) |
Mkt cap ! $218.5M | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.26 | $1.20 | $452.2K | 371.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10009 | $1.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 26993 | 2 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| CXL (ASX) Chart |