Key Takeaways:
- Skytree and Algae Capital have formed a partnership to utilize Direct Air Capture (DAC) technology for sustainable CO₂ supply in algae cultivation.
- Over 2,000 tonnes of CO₂ will be captured annually from the atmosphere and used at Algae Capital’s facility in Iceland.
- The collaboration supports the use of circular CO₂ in industrial processes, reducing dependence on fossil-derived carbon sources.
- Iceland’s renewable energy infrastructure makes it a suitable location for DAC implementation.
- Representatives from both companies emphasized the role of DAC in meeting sustainability and production goals.
Skytree & Algae Capital’s Strategic Collaboration for Circular CO₂ Utilization
Skytree, a company specializing in decentralized Direct Air Capture (DAC) systems, and Algae Capital, a microalgae production company, have announced a new collaboration focused on using atmospheric CO₂ in algae cultivation. Under the agreement, Skytree’s DAC units will supply Algae Capital’s Iceland-based facility with over 2,000 tonnes of CO₂ annually, captured directly from ambient air.
The partnership is designed to reduce reliance on fossil fuel-derived carbon dioxide and to support more sustainable production methods in the microalgae sector.
Renewable Energy and Local Integration
Iceland’s renewable energy capacity, particularly in geothermal power, provides the energy required for Skytree’s DAC systems to operate efficiently. This local integration aligns with both companies’ focus on climate-conscious operations and supports the broader goal of circular CO₂ utilization in agriculture and biotech.
Stakeholder Perspectives From Algae Capital & Skytree
Michaël Blom, Project Manager at Algae Capital, stated, “By collaborating with Skytree, we can capture CO₂ directly from the air instead of from fossil sources. This makes our algae cultivation more sustainable and represents a significant step towards a climate-friendly method of production.”
Camille Hanna, Vice President of Global Carbon Solutions at Skytree, added, “This partnership with Algae Capital is a strong illustration of how Direct Air Capture technology allows forward-thinking greenhouses to achieve their sustainability and production goals.”