• Capsol outlined progress on its first commercial CapsolGT project for a U.S. utility, with a site exclusivity agreement in place.
• Pre-FEED work is under way, with Siemens Energy involved; Black & Veatch selected as engineering contractor for Phase 1.
• Illustrative economics for converting a 62 MW turbine to baseload: estimated CAPEX about USD 250 million; added annual revenue USD 50-72 million.
• Revenue assumptions include 45Q credits at USD 85 per tonne, power pricing of USD 60-90/MWh, low-carbon premium of USD 10-30/MWh.
• European pipeline focus on cement, citing active projects of 11 mtpa across 12 sites; one license agreement valued at NOK 100-150 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Capsol Technologies ASA published the original content used to generate this news brief on June 25, 2026, and is solely responsible for the information contained therein.