GE Vernova, the U.S. industrial giant’s cleantech spinoff, said it would install its direct air capture technology at the Innisfail, Alta. testing facility. It plans to gather 1,500 tons of carbon per year using its technology, which separates carbon dioxide from the atmosphere using an absorption process. (The Logic)
Talking point: GE’s decision gives Montreal-based Deep Sky a major backer at the Alberta site, where it aims to provide a platform for companies to test an array of direct air capture technologies. The facility came online earlier this year after the Alberta government granted the startup $5 million to help it complete construction. GE will test its tech in Alberta as the wider cleantech industry grapples with a steep drop in capital investment, driven by a range of factors including the Trump administration’s decision to unwind various green energy subsidies in the U.S.