8 Rivers Capital is developing the Cormorant Clean Energy Project, a low carbon ammonia production facility in Port Arthur, Texas, according to a news release.
The Cormorant project will be powered by 8 Rivers’ proprietary 8RH2 hydrogen process, representing the first commercial deployment of the technology, the release states.
ReSource reported last year that 8 Rivers would be seeking to raise capital for its first production facility.
Cormorant will produce an estimated 880,000 tons of ammonia and capture more than 1.4MM tons of CO2 annually, with a >99% CO2 capture rate. The site is expected to bring in over $1bn in investment to the region.
The 8RH2 process is an ultra-low-carbon hydrogen process that harnesses oxy-combustion to eliminate CO2 emissions and lower costs. Ultimately, the firm aims to serve hard-to-abate industries like shipping, heavy transportation, aviation, and power generation.
“At Cormorant, hydrogen produced by 8RH2 will be turned into ultra-low-carbon ammonia that can be used for transportation, industrial processes, agriculture, and more, all with best-in-class efficiency and carbon capture,” the release states.