Industry
  • Direct Air Capture
Location
  • Fremont,
Country
  • United States of America
Project Details
Registry Name
  • Puro.earth
Registry Link
Ratings
  • -

Direct Air Capture

Holy Grail Direct Air Capture - Project Moonstone

Project Moonstone is Holy Grail’s pilot facility, situated in Fremont, CA and powered only by renewable electricity, capturing and permanently storing 1000tCO2/year above-ground.

About the project Holy Grail delivers Direct Air Capture projects that capture and permanently store CO2 using modular scrubbers to generate a solid, durable material that is stored above the ground. This method of removal and storage significantly reduces the risk of reversal and simplifies MRV. Additionally, Holy Grail reduces permitting risk, as the storage solution requires construction permits, which are quick and simple to obtain. Project Moonstone is Holy Grail’s pilot facility, situated in Fremont, California, that will capture and permanently store 1000 tonnes of CO2 per year, powered by renewable electricity. For the pilot plant, the renewable electricity will come from a solar roof on the facility, which will generate 30% of the required energy, with the remaining 70% coming from renewables procured by the East Bay Community Energy. Beyond this scale, Holy Grail will install solar deployments of appropriate size to power the entire process and will be independent of the grid. The modularity enables automated manufacturing and rapid deployment, which eliminates custom engineering and reduces deployment risk. Additionally, optimization can be quickly tested and implemented, which allows for the cost to steeply decrease with time. As Holy Grail’s storage solution is in the solid form and above ground, it makes MRV simple, with reduced reliance on complex and costly modeling. This gives customers a high degree of certainty in the durability of Holy Grail’s carbon removal solution. Scope Holy Grail’s initial project scope with Puro is to deliver 2000 tonnes of CO2 from the pilot deployment in 2025 and 2026, and a further 100,000 tonnes of CO2 from the industrial deployment in 2027. Beyond this, Holy Grail intends to reach the megaton removal scale by 2029. The pre-CORC price is listed at $450 for 2025-2026 and $350 for 2027 issuances. Please get in touch with Holy Grail to discuss prices and volumes based on your specific requirements. About the supplier Holy Grail Inc, founded in 2019, is a direct air capture (DAC) and storage startup, based in Mountain View, California and backed is by Lowercarbon Capital, Y Combinator, Deep Science Ventures and the founders of Stripe, Twitch and Cruise.

CP2

USD(Cents) 40.25 per kg

Serial number
Applicable tax rate 0 %
Provider
Availability 99,999,897.00 kg(s)