Carbon capture technology provider Capsol Technologies has signed a Memorandum of Understanding (MOU) with a major US utility to develop what is expected to become the first commercial-scale gas power plant using its CapsolGT carbon capture solution.
The agreement grants Capsol exclusive rights to support project development, while working with partners and investors to advance the initiative toward a final investment decision.
Designed specifically for simple-cycle gas turbines, the CapsolGT system captures CO₂ directly from the turbine exhaust and reuses waste heat to generate surplus electricity. According to the company, the system can deliver over 95% capture efficiency without requiring additional steam or combined-cycle equipment.
“In the US utility market, decarbonisation must go hand in hand with affordability and reliability. CapsolGT is engineered to be the cost leader for decarbonising existing gas turbine plants, giving utilities and large power users a practical route to low-carbon, dispatchable power,” said Philipp Staggat, Chief Product Officer at Capsol Technologies.
Capsol noted that the solution is particularly suited to the fast-growing data-centre sector, where electricity demand driven by AI-related development continues to climb. With natural gas making up around 36% of US electricity generation in 2024, the company sees a significant market opportunity for carbon capture solutions on gas turbine assets.
The MOU also includes an assessment of broader deployment opportunities across the utility’s brownfield and greenfield projects.
Beyond the US, Norway-based Capsol has been expanding its footprint across Europe. In September, it was selected to deliver a feasibility study for deploying its technology at a biomass-fired combined heat and power plant. That same month, climate control and air treatment specialist Munters doubled its investment in Capsol to €4 million, following a partnership initiated last year to enhance carbon capture efficiency and reduce costs.