Skytree, a pioneer in direct air capture (DAC) technology, announces its official market entry into New Zealand. The launch, coinciding with the EU-NZ Business Summit, marks a significant step in the nation's journey towards a circular economy and reinforces the growing partnership between the Netherlands and New Zealand on sustainable innovation.
Image Credit: Skytree
At the inaugural EUNZ Business Summit in Auckland, Skytree’s VP Carbon Solutions, Camille Hanna, joined the panel discussion on Clean Tech innovation, presenting the company's pioneering carbon capture technology to New Zealand’s political and business leaders. The discussion highlighted the specific opportunities for applying this technology within the country's vital horticulture sector.
Following the panel discussion, New Zealand’s Minister of Energy, Hon. Simon Watts, acknowledged the significance of the technology in his address: "There are some really exciting opportunities, like the work Camille Hanna highlighted around CO2 capture for the Horticulture space. New Zealand is a big player in horticulture, and this is definitely a challenge and opportunity that we face.”
Joint Collaboration on Green Growth and Decarbonization Across Oceans
Skytree’s arrival directly supports the recently signed Joint Cooperation Statement between Dutch Prime Minister Dick Schoof and New Zealand Prime Minister Christopher Luxon, which highlights a shared commitment to green growth and decarbonization. By deploying its advanced DAC technology, Skytree will provide local industries with a reliable source of circular carbon dioxide (CO2), helping to reduce emissions and build a foundation for the sustainable fuels and chemicals of the future.
We have received an incredibly warm welcome, and we are thrilled to begin this journey in New Zealand. We chose New Zealand for its ambitious climate targets and the clear opportunity for our technology to make a significant impact across multiple sectors. This is a partnership in the truest sense - we are here to innovate with local industries, create new jobs in cleantech, and support New Zealand's transition to a circular economy.
Camille Hann, VP Carbon Solutions, Skytree
A Commitment to New Zealand's Green Transition
The decision to launch in New Zealand was driven by the country's strong commitment to combating climate change, its proactive stance on adopting clean technologies, and abundant geothermal resources. Skytree will focus on fostering deep collaboration with the local workforce and native communities, ensuring that its investment creates lasting economic activity and supports a just transition.
Skytree's expansion was facilitated by the support of the Dutch embassy, which played a key role in aligning the launch with the bilateral objectives of both nations. The project exemplifies the type of international cooperation needed to accelerate the global CO2 transition.