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Occidental Low Carbon Ventures And TAE Technologies Sign MOU To Explore Fusion Energy For Direct Air Capture Facilities

Author: Benzinga Newsdesk | June 11, 2024 08:28am

Oxy Low Carbon Ventures (OLCV), a subsidiary of Occidental (NYSE:OXY), and TAE Technologies, a global leader in fusion energy development, today announced they have signed a memorandum of understanding to explore commercial opportunities that use TAE's fusion technology to provide emissions-free power and heat for Direct Air Capture (DAC) facilities.

Posted In: OXY