SK Innovations Backs Infinium, the Pace Amps up in the Race for Electrofuels
by Jim Lane (Biofuels Digest) Now, investment isn’t scale, finance isn’t offtake, but Infinium’s stepped it up a notch, no doubt about it. Let’s look at the details. … SK Innovation has closed a round of institutional funding into Infinium, a clean fuels innovator, amount not disclosed. The investment will support acceleration of Infinium’s commercial developments globally.
The technology story
Infinium Electrofuels technology converts carbon dioxide waste and renewable power through its proprietary process to create hydrogen-based alternatives to traditional fossil-based fuels. Electrofuels are ultra-low carbon drop-in fuels that can be used in today’s infrastructure and engines without modifications or upgrades.
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The electrofuels backstory
Electrofuels are emerging as a next-generation low-carbon fuel alternative. Infinium’s technology focuses on production of liquid fuel alternatives for industries that are challenged with decarbonization today, such as long-haul trucking, marine and aviation. Demand for low-carbon fuel alternatives continue to grow globally as companies look for ways to decarbonize their supply chains, while governments enact policies to support the supply of decarbonized fuels.
The backstory
Infinium and electrofuels: They Might Be Giants is here READ MORE