8 Rivers Capital, a North Carolina-based firm focused on the innovation of sustainable, infrastructure-scale technologies, has been awarded seven US Department of Energy (DOE) grants worth over $30m to develop carbon capture technologies for clean electricity.
The new capital will help the firm advance the Allam-Fetvedt Cycle, Lime Direct Air Capture, and its own Carbon8 technologies, continuing 8 Rivers’ ten years of advancing the global energy transition.
8 Rivers is partnering with a number of carbon capture experts to deliver its multi-million-dollar suite of projects. The company’s partners include:
- General Electric (GE): The Allam-Fetvedt Cycle optimised for high-variable renewable energy.
- MIT: Negative carbon electricity from retrofit carbon capture and direct air capture.
- National Renewable Energy Lab (NREL): Development of novel combustion codes for sCO2 combustion.
- Parametric Solutions, Inc. (PSI): Building the world’s first syngas-fuelled sCO₂ combustor.
- Southwestern Research Institute (SWRI): Renewable energy storage through the Allam-Fetvedt Cycle.
- SWRI: Develop a detailed design for a sCO2 oxy-fuel turbine for syngas and the Allam-Fetvedt Cycle.
- UNOTech: Novel phase-change post combustion capture process for existing gas power plants.
“By making clean cheaper than dirty, the 8 Rivers technology platform creates the economics that allows the world to achieve net-zero emissions by 2050,” said Bill Brown, CEO at 8 Rivers Capital.
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