Fiedler Group Applauds Rimere’s Breakthrough Plasma Technology: Pioneering Clean Hydrogen and Graphene Solutions
March 25th, 2024 by Fiedler Group
In the race to combat climate change, innovation is key. Rimere, a climate solutions company based in Newport Beach, California, has developed a proprietary plasma technology that looks to revolutionize the energy landscape. Recently, Rimere announced a significant milestone: the closing of a $10 million strategic investment from Clean Energy Fuels Corp. (NASDAQ: CLNE). This injection of funds is set to accelerate the development and field testing of Rimere’s groundbreaking devices: the Reformer and the Mitigator.
Rimere’s patented and patent-pending technologies operate at a molecular level, employing high voltage and high-frequency arcs under induced electromagnetic fields to deconstruct methane. This innovative approach is poised to reshape the outlook for natural gas, leveraging existing infrastructure to deliver clean hydrogen and graphene to end-users.
At the core of Rimere’s innovation lies the Reformer, a device that utilizes proprietary sequential hybrid plasma technology to convert natural gas into two invaluable resources: clean hydrogen and high-quality graphene. This game changing technology produces zero CO2 emissions, and when powered by renewable natural gas (RNG), achieves a negative carbon-intensity rating surpassing renewable electrolysis in emission reduction.
The Mitigator offers a cost-effective solution to a pressing environmental concern. This device, a plasma thermal oxidizer, diminishes fugitive methane emissions by significantly reducing greenhouse gas potency, particularly those emissions escaping from natural gas infrastructure like compressors and pneumatic controllers along pipelines.
Mitchell Pratt, CEO of Rimere, is encouraging about the impact of their technology. “The world continues to consume more natural gas annually, but with Rimere’s technology, we’re not just cleaning up the infrastructure; we’re transforming the role of natural gas in our clean energy future.”
For Clean Energy Fuels Corp., this investment represents a natural progression in their ongoing commitment to environmental stewardship. Andrew J. Littlefair, President, and CEO of Clean Energy, sees Rimere’s technology as a logical step in addressing the challenges facing the natural gas and hydrogen industries.
With $18.25 million of committed capital raised since its formation in 2020, Rimere is poised to make a significant impact on the transition to a cleaner, greener future.