Capsol Technologies signs MoU with US utility to deploy CapsolGT® for low-carbon gas power generation
Oslo, Norway, December 8, 2025 – Capsol Technologies has signed a Memorandum of Understanding (MoU) with a leading utility granting exclusivity to develop the first commercial-scale low-carbon gas power plant using the company’s CapsolGT® carbon capture technology in the US
The project is planned to be the first commercial-scale application of CapsolGT® for gas-fired power generation in the North American utility market. Capsol will support project development, working with partners and investors to mature the project to FID.
“In the US utility market, decarbonization must go hand in hand with affordability and reliability. CapsolGT® is engineered to be the cost leader for decarbonizing existing gas turbine plants, giving utilities and large power users a practical route to low-carbon, dispatchable power,” said Philipp Staggat, Chief Product Officer at Capsol Technologies.
CapsolGT® is an energy-efficient carbon capture solution for simple-cycle gas turbines. It captures CO2 directly from the turbine exhaust while reusing waste heat to generate surplus electricity, achieving more than 95% capture without the need for additional steam or costly combined-cycle equipment. The solution enables low-carbon, dispatchable power generation ideal for the fast-growing data center market, where electricity demand driven by AI is accelerating.
Natural gas remains the backbone of North American power generation and is expected to be the longest-lasting hydrocarbon-based energy source. In 2024, gas accounted for about 36% of total electricity supply, making the market for CapsolGT® one of significant potential.
The MoU includes an evaluation of broader deployment of CapsolGT® across additional brownfield and greenfield projects in the utility’s portfolio.
For further information, please contact:
Jacob Zeno Clausen Krøvel
SVP Investment and Strategy, Capsol Technologies
+47 48 40 32 25
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 combines inherent heat recovery and generation in a stand-alone unit based on a proven and safe solvent. Capsol’s technology is licensed either directly to customers or through industrial partners globally. Key segments include cement, biomass, energy-from-waste and gas turbines. Capsol Technologies is listed on Euronext Oslo Børs (ticker: CAPSL). For more information visit capsoltechnologies.com.
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