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CO2 Solutions
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Short description

commercializing a patented enzyme-based process for the low-cost capture of carbon dioxide and its profitable utilization in industrial applications such as Enhanced Oil Recovery (EOR)

Founded in 1997
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Company type Acquired Public (CST.V)
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TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Quebec, QC Quebec, Canada
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Parent Companies Saipem

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Updated by Jonathan Carley at CO2 Solutions on 07/31/2014

Edited by Cleantech Group on 03/07/2022

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Date Company
02/19/2013

CO2 Capture Project (CCP) CO2 Capture Project (CCP)

CO2 Solutions has been awarded a contract by the CO2 Capture Project (CCP) to provide certain project data and reports to CCP related to the pre-pilot phase of CO2 Solutions’ Alberta oil sands project.

Confirmed by CO2 Capture Project (CCP)
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Date Partner Type
07/17/2018
Hydro Québec Hydro Québec
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Confirmed by Hydro Québec
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IPO INFORMATION

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CST.V

Exchange listed

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Date Investors Type Amount
08/07/2018 Government of Canada Government of Canada (1)
Post-money valuation of
Grant funding will go towards reducing the cost and improving the performance of the Corporation's proprietary carbon capture technology.
 Grant $375,000
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Enzyme-based Technology

CO2 Solutions uses the enzyme carbonic anhydrase to capture CO2 with energy-efficient solvents

 Pilot/Early Revenue License of Usage
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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