Published by Todd Bush on May 9, 2025
Project Hajar, a joint initiative by 44.01 and Aircapture, has been named the strongest performer in the Air category of the XPRIZE Carbon Removal competition, earning a \$1 million award. The project demonstrates a rare combination of operational readiness, long-term storage integrity, and scalability—key features that many carbon removal ventures have yet to prove.
The project combines Direct Air Capture (DAC) units from U.S.-based Aircapture with 44.01’s mineralization process, which permanently stores CO₂ by converting it into rock underground in Fujairah, UAE.
This method provides one of the few carbon removal solutions capable of delivering durable storage—removing CO₂ from the atmosphere and locking it away for geological timescales. Unlike reforestation or soil carbon projects, which face risks of reversal, mineralization offers permanence by default.
>> In Other News: BKV and Copenhagen Infrastructure Partners Announce Strategic Carbon Capture Joint Venture With $500 Million Investment
Global carbon markets are shifting focus from avoidance credits to removal credits—solutions that physically extract CO₂ from the atmosphere. However, many technologies in this space are still in development or difficult to scale.
Project Hajar offers a counterpoint: a live, modular system that is already operating in the field.
The XPRIZE award validates this model as one of the few with near-term commercial viability. As businesses and governments work toward net-zero targets, solutions like Hajar’s will be essential to offset emissions from heavy industry, aviation, and sectors that cannot fully decarbonize.
44.01, which has already demonstrated mineralization in Oman and the UAE, is now preparing to scale globally. The company is also supported by ADNOC and the Fujairah Natural Resources Corporation, offering additional institutional backing.
Carbon removal is quickly becoming a high-interest category for climate-aligned investment. Major buyers—from Microsoft to Stripe—are looking for high-durability carbon removal credits, and are willing to pay premium prices for them.
Aircapture’s modular DAC systems, designed for flexible deployment and integration into industrial operations, support localized and scalable implementation. With both technical execution and commercialization in progress, Project Hajar is likely to attract attention from buyers, investors, and policymakers alike.
The XPRIZE Carbon Removal competition, funded by the Musk Foundation, challenged more than 1,300 teams to create solutions capable of removing gigatonne-scale CO₂.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 💧 Ebb Partners with Saudi Water Authority to Transform Desalination Brine into Megaton-Scale CO₂ Removal 🏭 CO280 Successfully Completes Carbon Capture Field Pilot at a U.S. Pulp ...
Inside This Issue ⚗️ Air Liquide's Ammonia Cracker Unlocks Hydrogen Trade 🤝 BASF and ExxonMobil Join Forces to Advance Low - Emission Hydrogen Through Methane Pyrolysis Technology 🔥 Haffner Energy...
Inside This Issue ⛽ Texas Bypasses EPA, Unlocks Billion-Dollar CCS Rush 🏭 Proposed Blue Ammonia Plant In Ingleside Moves Forward After Heated Debate 💡 Hydrogen Could Be The Secret To Unlimited Ene...
James B. Hartwell Agrees to Join Canadian Biogas Investments Inc. as President and CEO
CALGARY, AB, Nov. 19, 2025 /CNW/ - Canadian Biogas Investments Inc. ("CBI"), a Calgary-based developer of dry fermentation anaerobic digestion projects, is pleased to announce that investment execu...
XCF Global Welcomes Growing Momentum for Sustainable Aviation Fuel Adoption in the United States
Policy Momentum: Federal and State Policy Alignment Is Accelerating Nationwide SAF Adoption Policy Momentum: Federal and state policy alignment is accelerating nationwide SAF adoption Market Oppor...
YOAKUM COUNTY, TEXAS Return Carbon, a leading project development and investment company in carbon markets, in collaboration with the Permian Energy Development Lab (PEDL), is proud to announce the...
BGN Announces Strategic MOU with XCF Global to produce and supply Sustainable Aviation Fuel
BGN and XCF Global Sign MOU to Develop Global Production, Distribution and Logistics Infrastructure for SAF and Other Renewable Fuels BGN joins International Air Transport Association (IATA) as st...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.