8 Rivers announces Cormorant Clean Energy Project in Texas
In North Carolina, 8 Rivers Capital, LLC, a decarbonization technology developer, announced it is developing the Cormorant Clean Energy Project, an ultra-low-carbon ammonia production facility in Port Arthur, Texas. The Cormorant project will be powered by 8 Rivers’ proprietary 8RH2 hydrogen process, representing the first commercial deployment of the technology, the firm said. 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 also expected to bring in over $1 billion in investment to the region and create more than 1,000 new construction jobs from 2024 to 2027. “The Cormorant Clean Energy Project is the ideal location to deploy our 8RH2 platform commercially, at scale for the first time,” said Steve Milward, Chief Operating Officer at 8 Rivers. “Clean fuels like hydrogen and ammonia are paramount to the energy transition, and the Gulf Coast region’s rich history of industrial manufacturing and transportation makes it the perfect environment to demonstrate the game-changing potential of this technology. We’re grateful to be working with local officials to develop and deploy this project and build a clean energy workforce that will sustain the region’s growth for years to come.”
