(TheNewswire)
Calgary, Alberta - TheNewswire – February 14, 2022 —Delta CleanTech Inc. (“Delta” or the “Company”) (CSE:DELT) (CNSX:DELT.CN)(FRA:66C)(OTC:DCTIF) is pleased to announce that the National Research Council (“NRC”), Canada's top research organization, has contracted Delta to assist the NRC with establishing a CO2 costing and performance database.
As part of the NRC’s 2021 budget, the Government of Canada is investing $319 million dollars over the next seven years into research, demonstrations, and development to further advance the commercial viability of CCUS technologies. The funds will support businesses, non-profits, government, academia, and federal laboratories on the path to net-zero emissions by 2050.
Projects and Joint Ventures such as the establishment of CO2 costing and performance database will contribute to the increase of knowledge in applying CCUS technologies to different facets of facilities in Canada.
Jeff Allison, President of Delta commented, “We are excited to be asked by the National Research Council to assist them in the establishment of a Costing and Performance Database for CO2. Capture. Delta has extensive background in capital and operating costing of CO2 capture plants and our team is sought after for their ability to model the cost and performance of these plants that have been proven to be accurate to actual performance than any other.” --- Nrcan.gc.ca: Energy Innovation Program - Carbon capture, utilization, and storage stream
About Delta CleanTech Inc.
Delta CleanTech Inc. is a 15-year ESG-driven, recognized global technology leader in CO2 Capture, Decarbonization of Energy, Solvent & Glycol Reclamation, Blue Hydrogen Production, and Carbon Credit Aggregation and Management. Delta continues to provide solutions to clients all over the world in sequestering, capturing, and reducing CO2 and through its Carbon Rx wholly owned subsidiary is originating, validating, tokenizing, and streaming Carbon Credits.
For more information contact:
Jeff Allison, President
Phone: 306‐352-6132
Cell: 306-530-6025
E‐mail: jallison@deltacleantech.ca
Forward Looking Statements
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation, which are based upon Delta’s current internal expectations, estimates, projections, assumptions and beliefs and views of future events. Forward-looking information can be identified by the use of forward-looking terminology such as "expect", "likely", "may", "will", "should", "intend", "anticipate", "potential", "proposed", "estimate" and other similar words, including negative and grammatical variations thereof, or statements that certain events or conditions "may", "would" or "will" happen, or by discussions of strategy. Forward-looking information include estimates, plans, expectations, opinions, forecasts, projections, targets, guidance, or other statements that are not statements of fact. Specifically, this news release contains forward looking information relating to trading of the Company’s common shares on the CSE, the Company's engagement with investors going forward, among others.
The CSE does not accept responsibility for the adequacy or accuracy of this release.
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