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8 Rivers Secures $100M Investment from SK Group and Establishes Asian Joint Venture with SK Group to Accelerate Global Decarbonization

PR Newswire reports that 8 Rivers and SK Innovations has reached an agreement to accelerate decarbonization.

The C3 Take
  • 8 Rivers, a North Carolina-based industrial decarbonization company, is partnering with SK Innovations to accelerate decarbonization in South Korea and Asia.
  • SK Innovations will invest $100 million to bring 8 Rivers’ hydrogen and carbon capture technology to industry in Asia-Pacific, a region that currently emits more CO2 than the rest of the world combined.
  • Private sector leadership is creating a cleaner energy future.

“8 Rivers is a world-leading developer of innovative decarbonization technologies which span hydrogen, power, direct air capture, and biomass carbon removal, including invention of the 8RH2 clean hydrogen technology and the paradigm-changing Allam-Fetvedt Cycle power generation system. 8 Rivers is developing marquee zero-emissions projects in the United Kingdom and the United States, with a strong pipeline of global prospects.”

Read the full press release here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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