Clean Energy and CO2 Carbon Capture leader Delta CleanTech (CSE: DELT) (OTC: DCTIF) (FRA: 66C) provided investors with an update reviewing the firm’s 2021 progress as well as previewing its 2022 growth opportunities.
Delta CleanTech President Jeff Allison comments on Delta’s exciting first 6-months as a publicly-traded company:
With over 17 years of experience in the clean energy sector providing environmental, social and governance (ESG) driven, identity-preserved waste (IPW™) solutions, Delta CleanTech is still considered a technology industry leader in CO2 carbon capture; solvent & glycol reclamation and carbon credit origination and trading. Since the launch of Delta’s public operations in August 2021, Delta has continued to make significant progress in the CO2 carbon capture and clean energy sector. Delta has extended its global reach and is developing CO2 projects in Canada, the United States, the United Kingdom, the UAE, Australia, and China. Delta is pleased with the progress in China, having preliminarily qualified for six large CO2 capture projects. Additionally, the Delta team tripled its business development and delivery capacity in Calgary and Regina in 2021.
In 2021, Delta CleanTech’s Technology was selected for three new CO2 carbon capture plants/projects: two in Alberta and one in British Columbia. The Delta team also attended and/or presented at 12 national and international events during the year, held in Europe, China, India, The United States, Canada, and the United Kingdom.
Both government and the capital markets have been striving to meet the social mandate of emissions reduction and have developed creative taxation and incentive programs to encourage emission reduction targets. As increased attention surrounding environmental change, social, governance requirements, and new carbon taxes continue to grow.
To further educate and collaboratively work with global clean energy colleagues, Delta held a series of CO2 carbon capture and carbon credit workshops, both online and in-person, over the last months of 2021. These well-attended workshops have been effective and will continue in 2022, with workshops being held in Canada, the United States, the United Kingdom, Abu Dhabi, and China.
2021 was a proactive, exciting, and productive year for CO2 carbon capture, the clean energy sector, and Delta as a new public company. Delta developed new partnerships and cultivated business relationships with over 60 energy industries and other industrial companies looking for a CO2 mitigation solution. Many of these companies will be making CO2 capture infrastructure purchase decisions in 2022 and 2023.
Delta’s 2022 business development docket has more qualified projects and prospects than any time in the company’s 17- year history; coalfired power generation, cement manufacturing, natural gas power generation, natural gas cleanup and other energy decarbonization projects.
Early 2022 will begin the expansion and accelerated growth of Delta’s wholly-owned subsidiary, Carbon RX, a carbon credit origination, aggregation, tokenization, and streaming business initially founded in 2006 as a North American pioneer in the voluntary carbon credit market.
Shares of DELT stock last traded at $0.30 per share.
Delta CleanTech Inc. is a paid client of Wealthy VC.
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