ESG News For Tenaska Inc

The U.S. Department of Energy's (DOE) Industrial Efficiency and Decarbonization Office (IEDO) has selected Svante’s Pre-FEED (Preliminary Front End Engineering Design) study for a commercial-scale carbon capture project to negotiate a cost-sharing agreement of up to US$1,499,889.The project represents a transformational approach for the pulp & paper industry as it will create additional value from its sustainable biomass to remove carbon dioxide from the atmosphere.

Svante Technologies Inc. (Svante), a leading innovator in carbon capture and removal technology, and Tenaska, a prominent CO2 transportation and sequestration service provider, have signed a Memorandum of Understanding (MOU) to collaborate on delivering cost-effective, integrated solutions for industrial carbon capture and storage (CCS). This collaboration represents a significant step toward addressing global industrial emissions and advancing the decarbonization of many industrial sectors, inc