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SWCC To Join Hands With Carbonco For Advance Carbon Capture | |
| Sumita Pawar |
According to the news, Saudi Arabia’s Saline Water Conversion Corporation (SWCC) has signed a cooperation agreement with Carbonco, a unit of Korean engineering and construction company DL E&C, for joint research in various carbon capture, utilization, and storage (CCUS) projects across the kingdom.
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The world’s largest seawater desalination institution, SWCC, is an affiliated organisation under the Saudi government.
It is also the second-largest electricity producer in the kingdom, according to the report.
Through its research center, SWCC is leading carbon reduction projects in the fields of seawater desalination and power generation using renewable energy in Saudi Arabia.
Carbonco said that, as a company that specialises in decarbonization solutions, it is committed to improving CCUS technology so that it can be used in many different fields and it is working to come up with total solutions for it.
As per the deal, Carbonco and SWCC will cooperate on the adoption of CCUS technology, which captures carbon from power plants operated by SWCC and utilises it in the seawater desalination post-treatment process, as highlighted in the report.
"SWCC is working on the seawater desalination project using renewable energy to take the initiative in realising Saudi Arabia’s Vision 2030," said Tariq Al Ghaffari, the general manager of SWCC's Local Competence Projects Department.
Both parties plan to collaborate across CCUS business development, including commercial CCUS plant construction, based on business feasibility analysis and basic design research for the application of CCUS technology, noted Al Ghaffari.
Furthermore, the two companies will carry out joint research on various CCUS projects that encompass biological and chemical conversion, mineralization, and storage of carbon that are feasible in Saudi Arabia, he added.
Carbonco’s Chief Executive of the Business Development Office, Jae-hyung Yoo, said, "Carbonco is the only Korean company invited to the EVOLVE 2023 forum hosted by SWCC to exchange vision and technology for Saudi Arabia’s seawater desalination project."
"If our CCUS technology is applied to the seawater desalination process, it will become a tailored solution for carbon neutrality in Saudi Arabia," he added.
As the report concludes, DL E&C established Carbonco last August as a company specialising in the CCUS business in an attempt to expand its eco-friendly decarbonization business.
Carbonco is conducting a green developer business that includes hydrogen and ammonia businesses as well as CCUS.