BluSky Carbon Inc., a clean technology company in the carbon removal sector, has announced a joint venture agreement with Ikigai Carbon Corporation. The partnership aims to deploy biocharBiochar is a carbon-rich material created from biomass decomposition in low-oxygen conditions. It has important applications in environmental remediation, soil improvement, agriculture, carbon sequestration, energy storage, and sustainable materials, promoting efficiency and reducing waste in various contexts while addressing climate change challenges. More projects in Namibia, focusing on waste biomassBiomass is a complex biological organic or non-organic solid product derived from living or recently living organism and available naturally. Various types of wastes such as animal manure, waste paper, sludge and many industrial wastes are also treated as biomass because like natural biomass these More transformation and carbon removal.

The 50/50 joint venture will combine BluSky’s Vulcan pyrolysisPyrolysis is a thermochemical process that converts waste biomass into bio-char, bio-oil, and pyro-gas. It offers significant advantages in waste valorization, turning low-value materials into economically valuable resources. Its versatility allows for tailored products based on operational conditions, presenting itself as a cost-effective and efficient More technology and operational expertise with Ikigai’s local partnerships and business development capabilities. Together, they plan to form Namibian entities, secure project financing, and develop biochar initiatives. The collaboration also includes rights to expand into additional environmental projects in Namibia.

Ikigai Carbon, led by entrepreneur Steen Rasmussen, has extensive experience in scaling waste-to-value businesses and carbon credit initiatives. Rasmussen emphasized the partnership’s community benefits, including job creation, profit sharing, and environmental restoration in rural Namibia. Ikigai has already been working with Omiti Biochar, a Namibian company focused on converting waste biomass into biochar and biocoal while generating high-quality biodiversity carbon removal credits.

BluSky CEO Will Hessert expresses enthusiasm for the venture, highlighting the potential for biochar production to drive economic development and improve community outcomes.

The agreement outlines a collaborative approach where BluSky will provide technology and consulting services, while Ikigai manages local stakeholder relationships and oversees operations. Together, they aim to advance Namibia’s biochar capabilities while addressing environmental and socio-economic challenges.

The finalized joint venture will hold exclusive rights to future biochar or related projects initiated by either party in Namibia.