Chart and 8 Rivers announce collaboration
Published by Poppy Clements,
Assistant Editor
Global Hydrogen Review,
Chart Industries has announced that it has executed a Memorandum of Understanding (MOU) with 8 Rivers Capital, LLC, to evaluate 8 Rivers’ portfolio of proprietary licensable technologies and identify where Chart’s technologies and systems can complement the 8 Rivers offerings.
This collaboration includes developing equipment for 8 Rivers technologies backed up by Chart’s experience in the design and manufacture of cryogenic, compression and process technologies, to assist 8 Rivers in delivering a reliable and cost-effective solution to their customers. The companies will work together to identify and develop commercial opportunities to integrate Chart offerings into 8 Rivers projects.
8 Rivers is dedicated to pioneering the clean energy and climate future. It has developed new technologies such as 8RH2, a process to generate ultra-low carbon hydrogen with full carbon capture, and the Allam-Fetvedt Cycle, a process which helps to generate low-cost power from carbon-based fuels without producing air emissions. Through this collaboration, Chart would become one of the suppliers of choice for various liquefaction, refrigeration processes, or liquefaction and refrigeration equipment technologies, cold boxes, heat exchangers, compressors, fans, liquid hydrogen storage tanks and trailers, and other associated equipment needed to implement 8 Rivers’ technologies.
Cam Hosie, CEO of 8 Rivers, said: “I am thrilled to announce this significant partnership with Chart that will propel us closer to our goal of achieving net zero, driving deployment of clean energy systems globally. Together, we can harness the power of shared vision, collective experience, and a shared commitment to a sustainable future.”
Jill Evanko, CEO and President of Chart, commented: "We’re looking forward to collaborating with 8 Rivers and building upon our combined expertise, in particular bringing our gaseous and liquid hydrogen solutions to our joint customers looking to achieve their net zero targets.”
Read the article online at: https://www.globalhydrogenreview.com/hydrogen/10082023/chart-and-8-rivers-announce-collaboration/
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