<a href="https://www.globenewswire.com/Tracker?data=YHQIUUB94IBQYxnAH6xIXIjV3tEMtETQHz4BIcoFOmPGnlZl_rZ5YD8GEQmvtju7LV2zNaj4jOfOJc2Bs8J8Qq_lEclN1IFMbXrGm2WQyEw=">8 Rivers Capital, LLC</a>, a world-leading decarbonization technology and project developer has embarked on the development of a zero-emissions turbine that will create electricity (~270MWe) from captured carbon dioxide with <a href="https://www.globenewswire.com/Tracker?data=kFZCf_XpOphPWOLQYPVGzYB7ok_EvU5DPn7WUVUKx-fOqDtChRkpyKSedkCgI-nGn_22ITF44g2Pir9ZH6QFZpNaP8GU7BDTVKCxe2z0-5grNFUGpYe_EmwrNdKaP9ZD">Siemens Energy</a>, one of the world’s leading energy technology companies.Since the end of 2023, 8 Rivers and Siemens Energy have embarked on development of direct-fired super critical CO2 turbines across a range of applications and fuel types. The ongoing turbine development program provides line of sight to future commercial projects. Siemens Energy has selected the commercially available generator that will be used with the AFC turbine and is leveraging its technical and supply chain capabilities across the energy spectrum to help aid the world in achieving its emission reduction ambitions.8 Rivers completed a study with a commercial party which assessed the feasibility of a biomass fueled Allam-Fetvedt Cycle (AFC) negative emissions power system (Biome). This has resulted in the recent signing of an MoU with the aim of commercial deployment. Biome as a power system allows for the generation of low-cost, reliable, negative emissions power while simultaneously generating large volumes of carbon dioxide removal (CDR). Additionally, this announcement complements an earlier press release between 8 Rivers and PacifiCorp for conducting a pre-FEED of a solid fuel AFC zero-emissions power plant in Wyoming. Ahead of Gastech in Houston September 17th – 20th, 8 Rivers and Siemens Energy are pleased to announce their partnership on AFC development and AFC turbines.“Siemens Energy’s network, industry know-how, and access to the full clean energy supply chain will be crucial to our continued efforts to demonstrate the feasibility of these platforms and lay the foundation for their deployment at-scale around the world,” said Damian Beauchamp, President &amp; Chief Development Officer of 8 Rivers.“The carbon negative power solutions that we are developing with 8 Rivers and additional project partners are creating a very promising approach of generating utility scale clean energy,” said Joern Schmuecker, Senior Vice President at Siemens Energy’s Gas Services business area.The partnership will enable 8 Rivers to benefit from Siemens Energy’s proven global network and engineering know-how. Siemens Energy will also provide key equipment including generation, services, compression and grid technologies.

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8 Rivers Capital, LLC, a world-leading decarbonization technology and project developer has embarked on the development of a zero-emissions turbine that will create electricity (~270MWe) from captured carbon dioxide with Siemens Energy, one of the world’s leading energy technology companies.

8 Rivers and Siemens Energy Partner on Development Program of Carbon Capture Power Generation

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