Companies collaborate to integrate circular CO₂ in algae production in Iceland

Skytree and Algae Capital have announced a new collaboration. Algae Capital will utilize circular CO₂ captured by Skytree's DAC units for its pioneering algae production facility in Iceland. This partnership will see over 2,000 tonnes of CO₂ per year captured directly from the atmosphere and used in Algae Capital's cultivation process

This initiative marks a step in advancing circular CO₂ utilization, providing Algae Capital with a sustainable and reliable source of carbon dioxide thanks to Skytree's Direct Air Capture technology.

© Skytree

Iceland is an ideal location for Skytree's DAC technology due to its abundant geothermal and renewable energy resources, which are vital for efficiently capturing CO₂.

"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," said Michaël Blom, Project Manager at Algae Capital.

"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. By delivering a clean and reliable CO₂ source, we are enabling Algae Capital in optimizing their algae cultivation," said Camille Hanna, VP Global Carbon Solutions at Skytree.