GREY:XEBEQ - Post by User
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ZouZS3on May 20, 2022 10:43am
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South Korea's SK E&S invests in world's largest CCS project
South Korea's SK E&S invests in world's largest CCS project
South Korea's power utility and city gas provider SK E&S has decided to invest $110 million in the world's largest carbon capture and storage, or CCS, project in the US as part of its push for renewable energy business, the company said May 10. With the investment, SK E&S will acquire a 10% stake in Summit Carbon Solutions, an Iowa-based biofuel and renewable energy company, which is leading the CCS project joined by some other American energy firms, the company said in a press release. https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/energy-transition/051022-south-koreas-sk-e-s-invests-in-worlds-largest-ccs-project-in-us