SK invests in electrofuels firm Infinium

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SK Buying and selling Worldwide (SKTI), a completely owned subsidiary of SK Innovation, has closed a spherical of institutional funding into electrofuels developer Infinium. (Earlier publish.) The funding will help acceleration of Infinium’s industrial developments globally.

Infinium Electrofuels know-how converts carbon dioxide waste and renewable energy by means of its proprietary course of to create hydrogen-based alternate options to conventional fossil-based fuels. Electrofuels are ultra-low carbon drop-in fuels that can be utilized in in the present day’s infrastructure and engines with out modifications or upgrades.

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Infinium electrofuels course of


Electrofuels are rising as a next-generation low-carbon gas various. Infinium’s know-how focuses on manufacturing of liquid gas alternate options for industries which might be challenged with decarbonization in the present day, equivalent to long-haul trucking, marine and aviation.

SKTI’s funding in Infinium is a major step towards the implementation of SK Innovation’s “Carbon to Inexperienced Technique,” introduced final 12 months, and is its first funding within the next-generation inexperienced vitality subject.

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