Sign in or Sign-up News | April 15, 2021
8 Rivers Capital And The Southern Ute Growth Fund Announce Joint Development Of Zero Emissions NET Power Plant
Durham, NC and Southern Ute Indian Reservation, CO /PRNewswire/ - 8 Rivers Capital, LLC and The Southern Ute Indian Tribe Growth Fund (SUGF) have joined together to develop the Coyote Clean Power Project, locating one of the world s first zero-emissions NET Power natural gas-fired power plants within the Southern Ute Indian Reservation. The Coyote Clean Power Project will represent a paradigm shift in how the world generates energy, producing 280 MW of clean power 24/7, while capturing and storing CO2. 8 Rivers, through its Zero Degrees development business, and the SUGF plan to design and construct a NET Power plant over the next five years.
Source: 8 Rivers
Decatur, Illinois
Investment firm 8 Rivers Capital, LLC and Chicago-based agriculture giant ADM have agreed in principle to locate the Broadwing facility adjacent to ADM’s processing complex in Decatur, Illinois, storing captured carbon safely a mile and a half underground via ADM’s proven carbon capture and storage system.
The Broadwing Clean Energy Complex will generate 280 MW of clean power to help decarbonise the industrial, transport, and electricity sectors. 8 Rivers, through its Zero Degrees development business, aims to reach a final investment decision in 2022 and begin operations by 2025.
Durham, North Carolina-based 8 Rivers and The Southern Ute Indian Tribe Growth Fund (SUGF) have also combined to develop the Coyote Clean Power Project, locating one of the world’s first zero-emissions NET Power natural gas-fired power plants within the Southern Ute Indian Reservation in Colorado.
8 Rivers Capital and the Southern Ute Growth Fund Announce Joint Development of Zero Emissions NET Power Plant
News provided by
Share this article
Share this article
DURHAM, N.C. and SOUTHERN UTE INDIAN RESERVATION, Colo., April 15, 2021 /PRNewswire/ 8 Rivers Capital, LLC and The Southern Ute Indian Tribe Growth Fund (SUGF) have joined together to develop the Coyote Clean Power Project, locating one of the world s first zero-emissions NET Power natural gas-fired power plants within the Southern Ute Indian Reservation. The Coyote Clean Power Project will represent a paradigm shift in how the world generates energy, producing 280 MW of clean power 24/7, while capturing and storing CO
8 Rivers Unveils 560 MW of Allam Cycle Gas-Fired Projects for Colorado, Illinois
8 Rivers Capital, inventor of a novel supercritical carbon dioxide (CO
2) cycle, plans to begin operating a 280-MW NET Power natural gas–fired plant within the Southern Ute Indian Reservation in southwest Colorado by 2025. The company on April 15 also said it will team with agricultural and processing firm Archer-Daniels-Midlands Co. (ADM) to locate a 280-MW NET Power facility in Decatur, Illinois.
The proposed projects are a giant leap forward for Durham, North Carolina- headquartered venture capitalist firm 8 Rivers, and NET Power, a firm it holds jointly with industry backers that is working to commercialize the Allam Cycle.
8 Rivers Unveils 520 MW of Allam Cycle Gas-Fired Projects for Colorado, Illinois powermag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from powermag.com Daily Mail and Mail on Sunday newspapers.