Carbon removal project developer Deep Sky and power company Engie announced, encompassing covering carbon credit procurement, joint research, and market development, and including the purchase by Engie of up to 15,000 carbon removal credits from Deep Sky’s direct air capture (DAC) facilities.

Founded in 2022, Montreal-based Deep Sky was established as a technology-agnostic carbon removal project developer, with projects underway in Canada utilizing methodologies from direct air capture (DAC) to ocean carbon capture, and a goal to remove gigatons of carbon from the atmosphere and permanently store it underground. The company’s founding buyers include Microsoft and Royal Bank of Canada, with additional offtake agreements with Google through Frontier Climate and other leading institutions.

Under the new partnership, the companies said that they will collaborate on research focused on DAC responsiveness to dynamic energy loads and energy systems integration, supporting efforts to optimize power integration into DAC deployments, improve efficiency, and reduce costs.

Charlie Renzoni, Vice President of Carbon Markets at Deep Sky said:

“Engie, with its commitment to net zero by 2045, aligns with the urgency of climate timelines outlined by the IPCC and reflects the kind of leadership needed to scale the carbon removal market. Partnerships like this help ensure direct air capture can meet growing market demand by bridging the gap between innovation and industrial-scale deployment.”