Spiritus, a climate tech company launched its first pilot facility. The facility will deliver 1000 tons of gross carbon removal capability at full capacity. Scheduled to begin operations in the second half of 2025, the facility will serve as a milestone towards the company’s goal of creating megaton Carbon Orchards.

The Nambé Pueblo facility follows Spiritus’ recent unveiling of its first manufacturing site, Garden One, in Lee’s Summit, Missouri, where the company will produce the sorbent material necessary for passive CO₂ removal. This material enables Spiritus to capture carbon at significantly higher efficiency and lower costs than previous technologies.

The New Mexico facility will test these technologies in real-world conditions, further validating Spiritus’ scalable approach to carbon removal. Orchard one will focus on geological sequestraion in Wyoming demonstarting the large-scale commercial potential of Spiritus’ technology.

Also read: Spiritus Launches New Manufacturing Facility in Missouri to Support Carbon Removal Technology

Job Creation and Economic Impact

The pilot facility expects to create high-skill, sustainable regional jobs over the next few years. It will also contribute to the local economy by supporting vendors and tradesmen involved in its development. The Nambé Pueblo Development Corporation (NPDC) was pivotal in providing the site and completing key infrastructure upgrades. The collaboration with Spiritus has already proven beneficial for the community and the environment.

Carlos O. Vigil, President and Acting CEO of the Nambé Pueblo Development Corporation, said, “Nambé Pueblo Development Corporation (NPDC) is fortunate to have come across a company whose mission aligns so closely with our cultural and spiritual responsibilities to protect and enhance our environment where possible.”

He added, “We welcome Spiritus to our NPDC family and hope that the economic benefits of their presence will extend to our Pueblo and our surrounding communities of Northern New Mexico.”

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This new facility is a key step in Spiritus’ efforts to scale carbon removal technology and build a sustainable future.

The European Investment Bank (EIB) and the Lithuanian government have started a new project to renovate 700 apartment buildings across the country. The project, estimated to cost €100 million, intends to lower greenhouse gas emissions and increase energy efficiency.

Funds for Renovating Housing

According to EIB’s announcement, the collaboration will mobilize nearly €625 million in investments. The funds will be directed toward renovating multi apartment buildings in various cities. Moreover, the project aligns with the European Union’s broader goal to increase energy efficiency in housing.

The project will also help the nation accomplish environmental goals and lower its carbon impact in addition to improving energy efficiency.

Also read: EIB Supports Tau Group with €20 Million Venture Debt Loan to Revolutionize Electric Motor Manufacturing

EU Funding and EIB’s Role

As per the agreement with the Lithuanian Ministries of Finance and Environment, the EIB will manage the €100 million provided by the European Union. This fund will be used to offer preferential loans to renovate approximately 700 apartment buildings.

The EIB has already funded the renovation of more than 3,300 structures, demonstrating its dedication. Over 83,000 homes benefited from the program. The programs, which have invested close to €1.4 billion, have significantly reduced emissions and impacted energy usage. 

Also read: EIB Group Unveils €3 Billion Financing Package for European Agriculture and Bioeconomy

Example of Sustainable Housing Renovation

The new agreement sets forth an example of how investments and partnerships can address both housing and energy challenges. By leveraging EU Structural Funds, the initiative maximizes the potential of public-private collaboration, helping Lithuania move closer to its energy independence and sustainability goals.

Minister of Environment’s Statement

“The fund under this new agreement will provide preferential loans to renovate approximately 700 apartment buildings, reducing energy consumption and contributing to the successful implementation of the Green Deal and the Renovation Wave in Lithuania. By completing these renovation projects, we will not only improve people’s quality of life but also live in a greener and more sustainable country,” said Simonas Gentvilas, Lithuania’s Minister of Environment.

Impact of the Initiative

The energy efficiency of Lithuania will be greatly affected by this remodeling project. It will reduce household energy costs, improve the sustainability of the residencies, and help the nation reach its carbon neutrality targets. Additionally, it supports the EU’s Renovation Wave initiative, which attempts to increase building energy efficiency throughout Europe.

Lithuania will have a long lasting effect on its housing infrastructure and environmental sustainability due to this strategic partnership.