# GE and Svante collaborate on carbon capture technology for power generation

GE Gas Power and Svante announced a joint development agreement to develop and evaluate solid sorbent-based carbon capture technology for natural gas power generation. GE also made an equity investment in Svante as part of Svante's $318 million Series E round.

- Type: Partnership
- Announced: 2023-03-22
- Status: announced
- Products: carbon capture technology, solid sorbent technology
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [GE Gas Power](https://endata.com/companies/7327.md) (partner)
- [Svante](https://endata.com/companies/69251.md) (partner)

## Sources

- [gevernova.com](https://www.gevernova.com/news/press-releases/ge-and-svante-announce-collaboration-to-develop-carbon-capture-technology-for-power), 2023-03-22: "GE and Svante today announced a joint development agreement (JDA) to develop and evaluate solid sorbent-based carbon capture technology for natural gas power generation applications."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.