Oslo, Norway, September 8, 2025 - Capsol Technologies, a leading provider of carbon capture technology, has been selected by an undisclosed client to deliver a feasibility study for evaluating CapsolEoP® at a biomass fired combined heat-and-power plant in Europe.

The study will evaluate a Bioenergy with Carbon Capture and Storage (BECCS) configuration capable of removing more than 200,000 tonnes of CO₂ each year, turning the facility into a source of durable, net negative emissions.

Fueled by waste wood, the facility already supplies renewable heat to nearby communities. A CapsolEoP® plant can efficiently generate additional energy for a district-heating network, optimizing overall energy use and reducing target cost of high-quality carbon-dioxide-removal (CDR) credits.

“Biomass with carbon capture is emerging as a cornerstone of the net zero toolbox. Partnering with a leading player on this landmark project accelerates the scale-up of negative emissions in Europe,” said Johan Jungholm, Chief Business Development Officer at Capsol Technologies.

Market tailwind

Momentum in the voluntary CDR market is accelerating: 15.48 million tonnes of durable CDR were contracted in Q2 2025 – more than all previous quarters combined (13.6 million tonnes), according to CDR.fyi. Growing demand for verifiable removals strengthens the business case for BECCS projects.

Capsol has a mature pipeline of more than 22.6 million tonnes of annual CO₂ capture capacity, of which more than 5 million tonnes come from biomass and energy-from-waste. Capsol’s technology is already licensed for three bio-CCS projects, including Stockholm Exergi’s 800,000 tonne-per-year BECCS plant, which reached final investment decision in March 2025, underscoring market traction. Capsol has multiple high-conviction projects with potential FID’s in 2026 and based on target revenues of 10-15 EUR/tonnes, one fully priced FID could be sufficient to generate positive EBITDA for three years.