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NEG8 Carbon, based in Waterford, plans to develop its first full-scale Direct Air Capture (DAC) system, designed to capture 50 tonnes of CO2 annually. The project follows an engineering study agreement with Prochem Engineering, which has locations in Kilkenny and Cork.

The DAC technology utilizes electrostatic methods to draw air and capture CO2, which can be stored underground or converted into climate-neutral products. This initiative aims to enhance the affordability and scalability of carbon capture solutions for global deployment.