Abengoa Will Build the First Biorefinery Producing Biofuels From MSW in the USA
May 05 2015 - 10:26AM
- The biorefinery will convert municipal and residential solid
waste into biofuels.
- The plant is designed to produce more than 10 million gallons
of biofuels per year.
Abengoa (MCE:ABG.B/P SM) (Nasdaq:ABGB), the international company
that applies innovative technology solutions for sustainability in
the energy and environment sectors, has been selected by Fulcrum
BioEnergy, Inc., to build the first biorefinery using gasification
technology to convert municipal solid waste (MSW) into syncrude
that will be upgraded into jet fuel. The contract is worth
approximately US$200 million.
Abengoa will be responsible for the turnkey execution of the
plant including engineering, design and construction as well as
participating significantly in the development of the project. This
project is expected to generate more than 500 jobs during the
construction phase and 100 more jobs during plant operation. The
biorefinery is located in the Tahoe-Reno Industrial Center,
approximately 20 miles east of Reno, Nevada (USA).
This initiative provides a sustainable alternative for the large
volumes of municipal solid waste generated in the area every year,
which would otherwise be disposed of in a landfill. The process of
converting MSW into renewable transportation fuels will
significantly reduce the number of landfills, a growing concern in
the USA because of the chemical pollutants released into the air
and seeping into the groundwater. This poses an increasing problem
because, as the US population grows, the amount of waste generated
is increased proportionately. In addition, thanks to the use of
this sustainable fuel, the dependence on foreign energy and the
carbon footprint of the aviation industry will be reduced.
Abengoa employs more than 4,000 people in the US, which is
reflected in the 17 % annual growth during the last two years.
Abengoa has been present in the US for more than a decade, shown
in the development of Abengoa's landmark projects; such as Solana
and Mojave, both thermosolar plants with 280 MW each located in
Phoenix and California; the 200 MW photovoltaic plant located in
California; the water supply project in San Antonio, Texas; and
Hugoton, one of the first plants producing second generation
bioethanol from biomass for commercial operation, located in
Kansas.
About Abengoa
Abengoa (MCE:ABG.B/P SM) (Nasdaq:ABGB) applies innovative
technology solutions for sustainability in the energy and
environment sectors, generating electricity from renewable
resources, converting biomass into biofuels and producing drinking
water from sea water. (www.abengoa.com)
CONTACT: Communication Department:
Patricia Malo de Molina Melendez.
Tel. +34 954 93 71 11
E-mail: communication@abengoa.com
Investor relations:
Ignacio Garcia Alvear.
Tel. +34 954 93 71 11
E-mail: ir@abengoa.com