Climeworks unveils Generation 3 direct air capture technology to scale up to megaton capacity; technology to be deployed first in US and then globally in secured project sites

Key take-aways:

• Climeworks reveals its latest Generation 3 direct air capture technology to scale up to megaton capacity. This new technology will first be deployed in the U.S. and then replicated globally on secured project sites.  

• Generation 3 technology and design have been developed and validated over the past five years and implemented at full scale for the first time in June 2024 at its largest direct air capture testing facility in Switzerland.  

• The first large-scale testing has confirmed the anticipated breakthrough in efficiency and performance due to the embedded novel CO₂ filter systems and process configurations.