Delivery of the CapsolGo carbon capture unit is scheduled for Q4 2026. The CapsolGo demonstration campaign builds on an initial study for the client, which delivered encouraging results.
“This contract represents an important step in demonstrating the applicability of our technology for gas engine applications," said Wendy Lam, CEO of Capsol Technologies. "Building on the successful deployment of our Hot Potassium Carbonate (HPC) process across a wide range of industrial flue gases in Europe, the project will provide valuable experience supporting the further development of Gas Turbine solutions for the US market. The contract is also expected to make a meaningful contribution to cash flow generation during the second half of 2026."
The contract is classified as a “Standard value” CapsolGo campaign, reflecting a contract value equivalent to approximately four months of campaign revenues, defined in the Company’s IR dictionary, available at Capsol’s investor relations website. The four months of revenue exclude potential revenues from extensions.