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Pilot Energy Boosts Carbon Storage Capacity by 58% Amid Strategic Funding Wins
6:12pm on Sunday 1st of June, 2025 AEST
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Energy
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Pilot Energy Boosts Carbon Storage Capacity by 58% Amid Strategic Funding Wins
6:12pm on Sunday 1st of June, 2025 AEST
Key Points
Cliff Head Carbon Storage Project resource expanded by 58% to 72.2 million tonnes
Joint development agreement signed with Capture6 for Direct Air Capture demonstration
Successful $6.3 million capital raising including equity placement and convertible notes
Korean Consortium secures A$2.2 million funding to support Mid West Clean Energy Project feasibility
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