[April Dream] deepC Store's Dream: Achieving Asia-Pacific Net-Zero with Cross-Border CCS
deepC Store announces its dream to achieve net-zero in the Asia-Pacific region through cross-border CCS, aiming for social implementation of the world's first floating CCS "CStore1" by the early 2030s.
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- 📰 Published: April 1, 2026 at 16:00
deepC Store (hereinafter "the Company"), an Australia-based CO₂ capture and storage business company, endorses "April Dream," an initiative to make April 1st a day for announcing dreams. This press release is deepC Store's "dream."
**Dream: Achieving Net-Zero in Asia-Pacific through Cross-Border CCS**
We aim to realize a society where CO₂ emissions from industries that have been difficult to reduce can be significantly curtailed by transporting CO₂ across national borders and storing it beneath the sea.
Our dream is to safely and reliably implement "CStore1," the world's first cross-border floating CO₂ capture and storage (CCS) solution, by the early 2030s.
deepC Store does not view CStore1 as merely a project. Its social implementation signifies the creation of a new cross-border carbon value chain, connecting CO₂ emitting industries in the Asia-Pacific region with Australia's large-scale, high-quality subsea storage sites.
Our dream is to realize a society where industrial emissions are significantly reduced through this mechanism, with mutual support across the entire region. This means a world where emissions are optimally resolved regionally, rather than being borne by a single nation.
**Our Mission**
deepC Store aims to "provide CCS solutions to all industries where emission reduction is difficult." This goal is supported by the following significance:
- To achieve significant CO₂ emission reductions and mitigate the impacts of climate change.
- To decarbonize essential industries such as energy, fertilizers, steel, and cement while maintaining stable supply and affordable prices.
- To maximize value creation for society by leveraging the team's experience in executing multi-billion dollar industrial projects.
- To serve as a role model for bringing positive change to society.
This is not just a business; it is our mission.
**Our Journey So Far**
We recognize that this dream is a challenge comparable to climbing Mount Everest.
Nevertheless, we have made steady progress.
- Secured over 1 billion tons of subsea CO₂ storage capacity through two large-scale CO₂ storage permits (G-14-AP and G-13-AP) granted by the Australian government.
- Signed a joint study agreement with J-POWER, a leader in Japan's power business, for a strategic partnership regarding CStore1 development.
- Secured investment from TGS, a global leader in geophysical data companies, and Incubate Fund, one of Japan's leading venture capital firms.
- Promoting the technical and commercial development of CStore1 as a scalable cross-border floating CCS hub.
- Established a pioneering position in the field of CO₂ storage utilizing offshore aquifers.
These achievements demonstrate that we are steadily bringing our dream closer to reality.
**Co-creation with Japan, Australia, and Asia-Pacific**
Cross-border collaboration is essential for addressing climate change.
Together with our partner companies, we aim to collaborate with Japanese CO₂ emitters and industries to achieve substantial and large-scale CO₂ reductions by the early 2030s.
We believe that by linking Australia, with its abundant subsea storage resources, and Japan, with its industrial strength and strong will for decarbonization, a powerful foundation for achieving net-zero in the Asia-Pacific region can be built.
**Our Commitment**
We declare the following:
- Realization of safe and reliable subsea CO₂ storage through CStore1.
- Building transparent and trustworthy relationships across national and industrial boundaries.
- Making a substantial contribution to global decarbonization.
- Realizing this dream through strong will, perseverance, and a commitment to high-quality work.
**In Conclusion**
Our challenge has just begun. However, with a clear purpose and reliable partners, we believe that by steadily moving forward step by step, this dream will surely become a reality.
deepC Store will continue to walk alongside all who share this vision and turn the dream into reality.
**Contact Information**
Founder & Representative Director: Daein Cha
E-mail: getintouch@deepcstore.com
Location: Level 8, 167 St Georges Terrace, Perth WA 6000, Australia
Established: August 2021
Business Description: Australia-based independent CO₂ capture and storage business
HP: https://www.deepcstorejp.com/
**Dream: Achieving Net-Zero in Asia-Pacific through Cross-Border CCS**
We aim to realize a society where CO₂ emissions from industries that have been difficult to reduce can be significantly curtailed by transporting CO₂ across national borders and storing it beneath the sea.
Our dream is to safely and reliably implement "CStore1," the world's first cross-border floating CO₂ capture and storage (CCS) solution, by the early 2030s.
deepC Store does not view CStore1 as merely a project. Its social implementation signifies the creation of a new cross-border carbon value chain, connecting CO₂ emitting industries in the Asia-Pacific region with Australia's large-scale, high-quality subsea storage sites.
Our dream is to realize a society where industrial emissions are significantly reduced through this mechanism, with mutual support across the entire region. This means a world where emissions are optimally resolved regionally, rather than being borne by a single nation.
**Our Mission**
deepC Store aims to "provide CCS solutions to all industries where emission reduction is difficult." This goal is supported by the following significance:
- To achieve significant CO₂ emission reductions and mitigate the impacts of climate change.
- To decarbonize essential industries such as energy, fertilizers, steel, and cement while maintaining stable supply and affordable prices.
- To maximize value creation for society by leveraging the team's experience in executing multi-billion dollar industrial projects.
- To serve as a role model for bringing positive change to society.
This is not just a business; it is our mission.
**Our Journey So Far**
We recognize that this dream is a challenge comparable to climbing Mount Everest.
Nevertheless, we have made steady progress.
- Secured over 1 billion tons of subsea CO₂ storage capacity through two large-scale CO₂ storage permits (G-14-AP and G-13-AP) granted by the Australian government.
- Signed a joint study agreement with J-POWER, a leader in Japan's power business, for a strategic partnership regarding CStore1 development.
- Secured investment from TGS, a global leader in geophysical data companies, and Incubate Fund, one of Japan's leading venture capital firms.
- Promoting the technical and commercial development of CStore1 as a scalable cross-border floating CCS hub.
- Established a pioneering position in the field of CO₂ storage utilizing offshore aquifers.
These achievements demonstrate that we are steadily bringing our dream closer to reality.
**Co-creation with Japan, Australia, and Asia-Pacific**
Cross-border collaboration is essential for addressing climate change.
Together with our partner companies, we aim to collaborate with Japanese CO₂ emitters and industries to achieve substantial and large-scale CO₂ reductions by the early 2030s.
We believe that by linking Australia, with its abundant subsea storage resources, and Japan, with its industrial strength and strong will for decarbonization, a powerful foundation for achieving net-zero in the Asia-Pacific region can be built.
**Our Commitment**
We declare the following:
- Realization of safe and reliable subsea CO₂ storage through CStore1.
- Building transparent and trustworthy relationships across national and industrial boundaries.
- Making a substantial contribution to global decarbonization.
- Realizing this dream through strong will, perseverance, and a commitment to high-quality work.
**In Conclusion**
Our challenge has just begun. However, with a clear purpose and reliable partners, we believe that by steadily moving forward step by step, this dream will surely become a reality.
deepC Store will continue to walk alongside all who share this vision and turn the dream into reality.
**Contact Information**
Founder & Representative Director: Daein Cha
E-mail: getintouch@deepcstore.com
Location: Level 8, 167 St Georges Terrace, Perth WA 6000, Australia
Established: August 2021
Business Description: Australia-based independent CO₂ capture and storage business
HP: https://www.deepcstorejp.com/
FAQ
What is CStore1?
It is the world's first cross-border floating CO2 capture and storage (CCS) solution, aiming for social implementation by the early 2030s.
Which companies are partnering with deepC Store?
Partners include Japan's J-POWER, geophysical data company TGS, and venture capital firm Incubate Fund.
Which regions are deepC Store focusing on?
The company leverages Australian storage sites to focus on decarbonizing CO2 emitting industries across the Asia-Pacific region, including Japan.