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4th June 2026
The milestone multi-year agreement establishes a bankable commercial architecture for utility-scale industrial biochar infrastructure and secure long-term delivery
Equilibrium, an India-based full-stack climate infrastructure company, has signed a multi-year, 180,000-tonne carbon dioxide removal (CDR) offtake agreement with Altitude, a carbon removal financier focused on backing high-integrity carbon removal projects globally.
The partnership marks one of the largest long-term biochar offtake agreements emerging from India and reflects growing conviction around India’s role as a key geography for scalable biochar carbon removal. This multi-year offtake structure is specifically designed to project finance Equilibrium’s high-throughput industrial facilities.
For Equilibrium, the agreement accelerates infrastructure deployment as the company scales what it believes could become one of India’s largest biochar carbon removal platforms, with a broader multi-site expansion strategy already underway across key agricultural regions in India.
For Altitude, the partnership reflects a strong commitment on scaling carbon removal infrastructure through smart capital and support for best-in-class developers.
“From the beginning, we believed some of the world’s most important carbon removal infrastructure would ultimately be built in regions where climate stress, agricultural prowess, and biomass availability intersect at scale,” said Siddhanth Jayaram, Founder of Equilibrium. India represents that opportunity.
As one of the world’s largest agricultural economies, it is uniquely positioned for biochar CDR, not just as a carbon removal pathway, but as a broader decarbonisation and climate resilience opportunity. Biochar sits at the intersection of waste-to-value infrastructure, carbon removal, soil restoration, and industrial decarbonisation. We believe its long-term relevance extends far beyond carbon markets alone.”
India generates enormous volumes of agricultural residue annually, much of which is openly burned or underutilised, contributing to emissions, air pollution, and long-term soil degradation. At the same time, Indian agriculture faces growing structural challenges around declining soil organic carbon (SOC), deteriorating soil health, and rising input dependency.
While early-stage carbon removal has relied on smaller, variable project models, scaling durable carbon dioxide removal requires predictable, industrial-grade execution. The constraint to scaling industrial biochar is rarely the core thermal processing technology itself, but rather the operational complexity: maintaining continuous facility uptime, securing consistent waste biomass feedstock networks, and managing rigorous lifecycle-assessment (LCA) tracking.
Equilibrium converts agricultural and invasive biomass into stable biochar, producing durable carbon removal while improving soil performance and agricultural productivity. The company currently operates two biochar carbon removal facilities in India and is expanding infrastructure across multiple regions as part of its ambition to build one of India’s largest biochar carbon removal portfolios.
Benjamin Schulz, CIO/Founder at Altitude, said the partnership reflects increasing investments into developers capable of building durable operational infrastructure with long-term credibility.
“One of the things that stood out to us about Equilibrium was the depth of the operating model,” Schulz said. “The team demonstrated a clear understanding that scaling durable carbon removal requires high-integrity execution across site and feedstock selection, operations, and long-term deployment.”
Equilibrium’s strategy is built around the belief that durable carbon removal cannot scale through production infrastructure alone. Long-term adoption depends on whether the end product creates measurable value under real-world conditions.
Over the past year, the company has conducted one of the world’s largest field-based enriched biochar application programs across multiple agro-climatic zones, crop systems, and soil conditions in India. The work focused on developing field-validated deployment frameworks that improve soil performance, nutrient-use efficiency, and long-term agricultural productivity under real cultivation conditions. Across multiple crops and geographies, the trials demonstrated measurable improvements in yield performance, soil health indicators, and nutrient efficiency at commercially viable application rates. The approach has also driven increasing farmer-led adoption across Equilibrium’s network, reinforcing the company’s belief that long-term scalability ultimately depends on real-world utility, not just carbon economics.
“Most of the market has focused primarily on production,” Jayaram said. “But long-term scalability depends on whether these systems create tangible value on the ground, for farmers, supply chains, and broader deployment ecosystems.”
Equilibrium’s biochar platform builds on the company’s broader work across agroforestry, regenerative agriculture, mangrove restoration, and nature-based carbon removal, creating deep farmer networks, regional implementation capacity, biomass intelligence, and technology-led feedstock mapping across multiple geographies.
This enables Equilibrium to approach biochar as long-term climate infrastructure built for scale. Equilibrium’s tech platform powers the data engine that automates tracking from facility-floor inputs to final biochar distribution. This end-to-end digital provenance ensures every tonne delivered meets the rigorous durability standards of international registries.
For both Equilibrium and Altitude, the cooperation reflects a shared belief that the future of durable carbon removal (CDR) will be built through long-term infrastructure, real-world deployment, and partnerships capable of scaling climate solutions where they are needed most.
Equilibrium is a full-stack climate infrastructure company developing large-scale projects in the Global South. We develop nature-based and engineered carbon removal projects that restore degraded land, create resilient rural value chains, and generate long-term income opportunities for smallholder farmers and local communities.
Altitude is a large-scale carbon removal financier committed to accelerating high-integrity, scalable CDR through smart capital.