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Bergen Carbon Solutions AS

Environmental & Social Information Jun 30, 2022

3554_rns_2022-06-30_c3101772-a247-4c83-ae4b-d7c9837e0f3e.html

Environmental & Social Information

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BCS – The test module for direct CO2 capture from BIR has been delivered

BCS – The test module for direct CO2 capture from BIR has been delivered

(Bergen, 30 June 2022): Bergen Carbon Solutions AS (BCS, OSE:BCS)

Bergen Carbon Solutions has today successfully transported a mobile test module to Bergensområde Interkommmunale Renovasjonsselskap (BIR) energy recovery plant in Rådalen, Bergen. This is part of an Enova funded project that started back in 2018, performed by BCS and BIR. The module will utilise CO2 directly from the plant’s fluegas to produce EcoNano carbon nanofibers (CNF).

The infrastructure at BIR is already in place, and BCS will use the coming weeks to connect the module to BIR’s systems, testing all functions and train operators before the module is put into operation. The module has a theoretical production capacity of approximately 1.6 tons of CNF annually.

The project with BIR started back in 2018 and was supported by Enova. The aim was to catch CO2 from the plant and utilise it to produce a value product, creating a sustainable value chain. The many years of R&D put into this project has also enabled Bergen Carbon Solutions to develop a full-scale factory production concept, and the final investment decision for the first factory will be made in the coming days.

Finn Blydt-Svendsen, Interim CEO commented: “Today marks another milestone in the Company’s history. We are proud to have delivered the test unit to BIR today. We are also grateful for all the support the team at BIR has provided us since the initial discussions started in 2018. We now look forward to commence operations.”

For further information, please contact:

Finn Blydt-Svendsen, Interim CEO, [email protected], +47 930 40 797

Fredrik Øksnes, CCO, [email protected], +47 975 67 318

ENDS

About Bergen Carbon Solutions | www.bergencarbonsolutions.com | Bergen Carbon Solutions uses innovative technology to produce carbon nanofibers, using CO₂ and Norwegian hydropower. This makes the production unique and environmentally friendly. Bergen Carbon Solutions is listed on Euronext Growth under the ticker BCS.

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