Aker Carbon Capture, Siemens Energy in Technology Tie-Up
March 23 2021 - 7:09AM
Dow Jones News
By Dominic Chopping
Norwegian carbon-tech company Aker Carbon Capture ASA and
Germany's Siemens Energy AG said Tuesday that they have signed a
memorandum of understanding aimed at developing combined offerings
for carbon-capture solutions that can be applied to gas turbines
and gas-fired power plants.
The companies will explore a technology collaboration to further
advance technical optimization within power generation and carbon
capture as well as ways to jointly fast-track development of major
projects globally.
The collaboration will initially focus on the European market
for new and existing low-carbon power generation where a
combination of new turbines and carbon capture and storage can
provide sustainable solutions, they said.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
March 23, 2021 06:54 ET (10:54 GMT)
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