Climate Insider Brief:
- Petronas and Carbon Clean have signed a memorandum of understanding (MOU) to collaborate on integrating Carbon Clean’s modular carbon capture technology, CycloneCC, into Petronas’s operations, aiming to advance carbon capture efforts in Malaysia.
- Carbon Clean’s CycloneCC offers a 50% reduction in installation costs compared to traditional systems due to its modular design and smaller equipment footprint, making it more scalable and cost-effective for decarbonization goals.
- The partnership reflects Petronas’s commitment to leading in low-carbon technologies and supports its net-zero targets, while Carbon Clean’s broader technology developments, including CarbonX, further enhance its role in advancing carbon capture globally.
In a significant move toward enhancing carbon capture capabilities, Malaysian energy giant Petronas has entered into a strategic partnership with Carbon Clean, a leading developer of carbon capture technology. The collaboration, formalized through a memorandum of understanding (MOU), aims to explore synergies and integrate Carbon Clean’s modular technology into both existing and forthcoming Petronas operations.
This partnership underscores the rapid advancement of carbon capture initiatives in Malaysia. Petronas has been at the forefront of these developments, recently securing agreements with international partners such as Abu Dhabi’s ADNOC, Japan’s JERA, and the global consultancy firm DNV. This new alliance with Carbon Clean further solidifies Petronas’s commitment to leading the transition towards a low-carbon future.
Carbon Clean’s CEO, Aniruddha Sharma, praised Petronas’s proactive approach to decarbonization, highlighting the energy giant’s vision of carbon capture as a strategic lever for business transformation. Sharma stated, “PETRONAS has a pioneering approach to decarbonisation, viewing carbon capture as a lever to transform its business. It is turning the low-carbon energy transition into an opportunity to drive green growth. Carbon Clean is proud to support PETRONAS in achieving its net-zero targets by providing a cost-effective approach to carbon capture. CycloneCC’s modular design enables companies to stagger their investment, adding units in line with their decarbonisation goals. We are making carbon capture logistically viable and easy to scale.”
Carbon Clean’s CycloneCC technology is a key component of this partnership. The modular design of CycloneCC promises a 50% reduction in installation costs compared to traditional carbon capture systems. This is achieved through its compact physical footprint and streamlined equipment, making it an attractive option for scaling carbon capture efforts in line with evolving decarbonization goals.
In addition to CycloneCC, Carbon Clean is advancing its CarbonX technology, which will be deployed at Ørsted’s FlagshipONE e-methanol plant, one of Europe’s largest projects in the e-methanol sector. This highlights Carbon Clean’s broader commitment to pioneering carbon capture solutions across various industries.
The collaboration between Petronas and Carbon Clean marks a significant step forward in Malaysia’s carbon capture landscape. By leveraging innovative technologies and strategic partnerships, both companies are well-positioned to drive substantial progress towards their net-zero targets and contribute to the global effort to combat climate change.
For further details on similar initiatives, see our coverage on ADNOC, PETRONAS, and Storegga’s joint efforts in carbon capture in Malaysia.
SOURCE: Carbon Herald
Featured Image: Credit: Carbon Clean
