Capsol Technologies ASA has signed a Frame License Agreement for the use of CapsolEoP®? in full-scale carbon capture projects with a European utility owning many waste-to-energy (WtE) and biomass plants in Europe. The first projects expected to be executed under the agreement will have a combined planned capacity of around 550 000 tonnes of CO2 per year.

The agreed license fee is within the previously communicated range. Final Investment Decision (FID), which triggers a license fee payment to Capsol, is expected within about 24 months. Engineering packages will be provided on a paid basis.

Capsol is preparing the first stage of engineering work for full-scale carbon capture facilities under the agreement.