Capsol Technologies reports progress on its carbon capture deployments, including the start of construction for a major BECCS project with Stockholm Exergi and a demonstration campaign at Dyckerhoff. The company is expanding its focus toward U.S. utilities and data centers to support low-carbon power requirements. Financially, Capsol has reduced operating expenses by 44% year-over-year and refinanced its credit facility to manage liquidity. While customer inquiries are increasing, the company notes that final decision-making for new projects remains slow.
