Aker Carbon Capture and Hitachi Zosen Inova Sign a Memorandum of Understanding for Future Collaboration
Meeting growing demand for carbon capture solutions
On 18 January 2021 Hitachi Zosen Inova (HZI) and Aker Carbon Capture (ACC) signed a Memorandum of Understanding (MoU) to explore ways of accelerating carbon capture in the Waste to Energy (WtE) industry in Europe.
Carbon capture, utilisation and storage (CCUS) has become highly relevant on the agenda of many plant operators and other key players in the WtE business. The main objective of the MoU between ACC and HZI is to lay the foundation for future solutions in this area. Céline Mahieux, VP Technology & Digitalisation, says: “We believe that the cooperation between leading companies such as ACC and HZI will accelerate the energy transition within the industry and contribute significantly to the achievement of national and regional environmental targets.”
As part of the MoU, Aker Carbon Capture and HZI have agreed to explore the possibility of developing a joint offering of solutions in the area of carbon capture, utilisation and storage technology to decarbonise both new and existing WtE plants around the world. Additionally, the two companies have voiced their desire to jointly develop and advocate policies to help accelerate the implementation of climate solutions within Europe’s emitting industries.
“Working with HZI has the potential to accelerate the implementation of carbon capture solutions in the WtE industry, reducing millions of tonnes of CO2,” says Valborg Lundegaard, CEO of Aker Carbon Capture. “The capabilities of Hitachi Zosen Inova and Aker Carbon Capture are complementary, and together we will create a unique offering for WtE companies across Europe.”
“As a leading technology designer and provider in the area of Waste to Energy, we believe that a joint approach with Aker Carbon Capture, who have a tested and environmentally friendly technology solution, is a strong value proposition,” says HZI CEO Bruno-Frédéric Baudouin.
The MoU is non-exclusive and will be in place for three years. Afterwards the companies have the option of continuing their cooperation further.