Canadian Startup Wins $40M Grant for Carbon Removal Test Hub
Deep Sky secures funding from Bill Gates-backed Breakthrough Energy Catalyst to develop direct air capture technologies in Alberta.
- Montreal-based Deep Sky received a US$40-million grant to build the Deep Sky Alpha project in Innisfail, Alberta.
- The facility will serve as the world’s first direct air capture carbon removal test hub and commercialization center.
- The project aims to pilot up to 14 carbon removal technologies to identify scalable and cost-effective solutions.
- Captured carbon dioxide will be stored underground at the Meadowbrook Carbon Storage Hub near Edmonton.
- Operations at the site are expected to begin by April 2025, with the goal of advancing innovation in carbon removal technologies.