Overview

• Climate tech startup Capture6 has signed a deal with a state-owned water utility in South Korea to build a pilot project that combines carbon dioxide removal from the atmosphere with seawater desalination.
• The project, known as Project Octopus, will be located at the Daesan Industrial Complex, an oil and gas industrial park in a region of the country that has suffered from water shortages due to an ongoing drought.
• Capture6 plans to use the brine created by the desalination plant in its carbon removal process, extracting salt that it then uses as a feedstock for a liquid sorbent that reacts with CO2 in the air.
• The pilot facility is expected to capture 1,000 tons of carbon per year and produce around 14 million gallons of fresh water, enough to supply around 80 homes.
• Capture6 aims to scale up the project to capture almost 500,000 tons of carbon dioxide each year by 2026 and produce around 5 billion gallons of fresh water each year, enough to supply around 30,000 homes.