8 Rivers and Siemens Energy Partner on Carbon Capture Power Generation
8 Rivers Capital LLC, a world-leading decarbonization technology and property developer, is partnering with Siemens Energy to develop a program for carbon capture power generation.
The partnership will leverage Siemens Energy's network industry know-how and access to the full clean energy supply chain, which will be crucial to the success of the program.
The program will focus on the development of carbon capture technology that can be used to retrofit existing power plants, as well as new power plants that are being built. The technology will be designed to capture carbon dioxide from the flue gas of power plants and store it underground, where it will not be released into the atmosphere.
The partnership between 8 Rivers and Siemens Energy is a significant step forward in the fight against climate change. Carbon capture technology is a key component of the global effort to reduce greenhouse gas emissions and limit the effects of climate change.
The program is expected to be completed by 2026. Once completed, it will be one of the largest carbon capture programs in the world.
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