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Camber Energy Announces Breakthrough in CO2-Capture Technology

Graphique de l'évolution du cours de l'action Camber Energy, Inc. (EBR:CEI).

Camber Energy, Inc., a diversified energy company, announced the successful testing of ESG Clean Energy’s carbon-capture prototype in Holyoke, MA. The prototype, equipped with ESG's patented water removal technology, has demonstrated a capability to capture twice as much CO2 per pound of adsorbent material.

This innovation, highlighted by Camber's subsidiary's exclusive licensing rights in Canada and multiple U.S. locations, promises to reduce the size and cost of carbon capture systems. Such advancements could facilitate the broader implementation of these systems, enhancing economic feasibility.

James Doris, Camber’s President and CEO, expressed satisfaction with reaching this milestone, pointing out that it marks a significant step towards commercialization and monetization goals. Similarly, Nick Scuderi, President of ESG, affirmed the data validation from the operational unit, confirming their projections.

The testing was conducted at ESG’s 4.4MW gas-powered facility in Holyoke, marking a key development in ESG’s efforts to deploy its patented technology across various planned facilities. The system, featuring a unique mechanical cooling and advanced ceramic membrane, is adaptable for both large and small-scale systems.

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