Repsol has invested in DACMA to enhance its sustainability initiatives through Direct Air Capture technology, aligning with its goal of achieving net-zero emissions by 2050.
Target Information
Repsol Technology Lab is at the forefront of innovation in the energy sector, focusing on transforming industrial processes to achieve greater sustainability and efficiency. The company is committed to reducing its carbon footprint through the development and implementation of renewable energy technologies, including circular economy initiatives that convert waste into valuable materials and energy sources.
Key initiatives include the production of renewable fuels from waste materials, the promotion of hydrogen as a clean industrial energy source, and advanced CO2 capture technologies. Repsol aims to evolve into a multi-energy hub by integrating these technologies within its current operations.
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Industry Overview in Spain
Spain's energy industry is undergoing a significant transformation towards sustainability, driven by both government policies and a commitment to combat climate change. Th
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Repsol
invested in
DACMA
in 2023
in a Other VC deal