Clean Energy Announces First Injection of Renewable Natural Gas at Victory Farms Dairy
23 Aprile 2024 - 12:30PM
Business Wire
New facility in South Dakota begins
producing ultra-low carbon RNG for the transportation
market
Clean Energy Fuels Corp. (Nasdaq: CLNE) today announced its
latest renewable natural gas (RNG) facility at Victory Farms Dairy
in Revillo, South Dakota, has successfully completed construction
and is injecting pipeline quality RNG into the interstate natural
gas infrastructure.
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the full release here:
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Clean Energy Renewable Natural Gas (RNG)
Production Facility, Victory Farms Dairy, South Dakota. (Photo:
Business Wire)
The Victory Farms two-digester facility is utilizing the manure
of 6,000 jersey cows, which could process approximately 120,000
gallons of manure each day to produce an estimated 900,000 gallons
of negative carbon-intensity RNG annually.
The ultra-clean RNG produced at the facility will find its way
to Clean Energy’s fueling network, helping commercial fleets reduce
their greenhouse gas (GHG) emissions significantly and immediately.
Clean Energy currently operates over 600 stations around North
America, that provide fuel and services to customers including some
of the largest logistics operators like UPS and Amazon, many
transit agencies including those in New York City and Los Angeles,
and dozens of waste companies including WM, Republic Services and
Waste Connections.
Developed in partnership with Dynamic Renewables and financed
through one of Clean Energy’s production joint ventures, the
construction costs of the RNG facility, including the build of the
manure collection facility, digestors and processing plant, totaled
approximately $26 million. Clean Energy is in the process of filing
the necessary applications to generate federal and state
environmental credits.
“We are committed to working with dairies to bring more RNG into
the market. Projects like Victory Farms will provide us the fuel to
help decarbonize heavy-duty transportation while simultaneously
providing an additional revenue stream for dairy owners and helping
with their waste management. With fleets quickly learning that RNG
is a proven solution readily available now, it is perfect timing
that Victory Farms and the other dairy facilities are coming online
to meet the growing demand,” said Clay Corbus, senior vice
president of renewables at Clean Energy.
“Victory Farms is part of an industry that is uniquely
positioned to have the opportunity to produce such a sustainable
and valuable by-product from everyday waste. We are incredibly
proud of what we are doing here, and that we’ve been able to
partner with Clean Energy to help create a healthier planet,” said
the owners of Victory Farms.
Agriculture accounts for nearly 10 percent of U.S. GHG emissions
and the transportation sector accounts for another 28%, according
to the U.S. Environmental Protection Agency. Capturing methane from
farm waste lowers these emissions. RNG, produced by that captured
methane and used as a transportation fuel, significantly lowers GHG
emissions on a lifecycle basis when compared to diesel. This allows
RNG to be one of the only fuels to receive a negative
carbon-intensity score based on the reduction of emissions at the
source and at the vehicle.
About Clean Energy
Clean Energy Fuels Corp. is the country’s largest provider of
the cleanest fuel for the transportation market. Our mission is to
decarbonize transportation through the development and delivery of
renewable natural gas (RNG), a sustainable fuel derived by
capturing methane from organic waste. Clean Energy allows thousands
of vehicles, from airport shuttles to city buses to waste and
heavy-duty trucks, to reduce their amount of climate-harming
greenhouse gas. We operate a vast network of fueling stations
across the U.S. and Canada as well as RNG production facilities at
dairy farms. Visit www.cleanenergyfuels.com and follow
@ce_renewables on X and LinkedIn.
Forward-Looking Statements
This news release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934 that involve risks,
uncertainties and assumptions, including without limitation
statements about amounts and timing of manure expected to be
produced; the amounts and timing of natural gas expected to be
produced or consumed; characteristics and performance of natural
gas engines and trucks; the environmental and other benefits of
Clean Energy’s fuels; the availability of environmental, tax and
other government regulations, programs and incentives; and the
impacts of legislative and regulatory developments. Actual results
and the timing of events could differ materially from those
anticipated in these forward-looking statements. The
forward-looking statements made herein speak only as of the date of
this press release and, unless otherwise required by law, Clean
Energy undertakes no obligation to publicly update such
forward-looking statements to reflect subsequent events or
circumstances. Additionally, the reports and other documents Clean
Energy files with the SEC (available at www.sec.gov) contain risk
factors, which may cause actual results to differ materially from
the forward-looking statements contained in this news release.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240423562965/en/
Media Contact: Kimberly Fleer 1-949-437-1447
Kimberly.Fleer@cleanenergyfuels.com
Investor Contact: Thomas Driscoll 1-949-437-1191
Thomas.Driscoll@cleanenergyfuels.com
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