
Rivan Industries
Develops synthetic fuel tech to help decarbonize heavy industry using solar-powered, low-capex power-to-fuel systems.
Date | Investors | Amount | Round |
---|---|---|---|
* | £10.0m | Early VC | |
Total Funding | 000k |
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Rivan Industries focuses on designing and manufacturing modular synthetic fuel plants aimed at decarbonising heavy industry. The company operates in the renewable energy sector, targeting industries that are heavily reliant on fossil fuels. By leveraging advancements in solar power, Rivan Industries aims to make synthetic fuels more cost-effective than traditional fossil fuels. The business model revolves around reducing the marginal costs of fuel production by utilizing solar energy, which is expected to become significantly cheaper. This approach not only supports environmental sustainability but also offers a viable economic alternative to conventional energy sources. Rivan Industries serves clients in heavy industries looking to reduce their carbon footprint while maintaining economic growth. The company generates revenue through the sale and financing of its synthetic fuel plants, positioning itself as a competitor to traditional oil and gas companies. Keywords: synthetic fuel, decarbonisation, heavy industry, modular plants, solar power, cost-effective, renewable energy, fossil fuel alternative, economic growth, environmental sustainability.