Drax has launched Elimini, a new US-based business with an ambition to be a leader in carbon removals. The company is ...

UK-BASED renewable energy company Drax is expanding into the US with a new bioenergy with carbon capture and storage (BECCS) ...

Rajiv S. Joshi, Founder of Bridging Ventures and former Executive Director of the Global Call to Action Against Poverty (GCAP ...

British power generator Drax could invest up to $12.5 billion developing biomass plants with carbon capture and storage (BECCS) in the United States over the next decade, it said on Tuesday.

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Drax Group Plc, operator of the UK’s largest power station, aims to invest $12.5 billion building new biomass power plants in ...

As an independently operated, wholly owned subsidiary within Drax Group, Elimini will also sell carbon removals generated at Drax Power Station, which conducted the first BECCS pilot of its kind ...

Drax plans to invest $12.5B in U.S. biomass power plants with carbon capture tech, taking advantage of U.S. subsidies through the Inflation Reduction Act.

UK electricity group Drax is committing up to $12.5bn in the US over the next decade to build power plants to take advantage of the country’s lucrative subsidies and expectations of surging energy ...

New agreement to facilitate transactions in carbon offsets between Karbon-X Corp and Drax Group PLC accelerates large-scale carbon removal efforts and sustainable energy generation, paving the way for ...