Clean Energy Partners with Mountain Valley to Fuel Fleet of Trucks Equipped with New ISL G Zero (NOx) Engines
February 07 2017 - 6:00AM
Business Wire
Continues Momentum of Station Construction
Projects from 2016
Clean Energy Fuels Corp., announced that it has signed a fueling
agreement with Mountain Valley Express, an express shipping company
based out of Manteca, California, that has purchased nine
Heavy-Duty trucks equipped with the new CWI 9L ISL G Zero NOx
natural gas engine. The fueling agreement will allow Mountain
Valley to use Clean Energy’s Redeem™ brand of renewable natural gas
(RNG) vehicle fuel for the new trucks. These revolutionary engines
reduce smog forming NOx emissions by 90% over the current EPA
standard, and when combined with Redeem™, have 70% less greenhouse
gas (GHG) emissions than diesel trucks.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20170207005614/en/
(Photo: Business Wire)
“At Mountain Valley Express our motto is “Go Green”, and I can
think of no better way to demonstrate our commitment to the
environment and reducing our footprint, than by having these trucks
use Redeem™,” said James Scott Blevins, President and CEO of
MVE.
With a NOx emissions level of .02g/bhp-hr, the California Air
Resources Board has defined this zero emissions level as equivalent
to a 100% battery truck using electricity from a modern combined
cycle natural gas power plant. Beginning in 2018, CWI will begin
producing a 12-Liter version of the engine.
“Thanks to technology advancements and the use of renewable
natural gas, the transportation industry has come a long way in
reducing the amount of NOx and GHGs that are emitted,” said Andrew
J. Littlefair, president and CEO of Clean Energy. “Mountain Valley
Express is showing great leadership by being one of the first
trucking companies to convert to the new zero-equivalent engine and
Redeem™ renewable natural gas and is truly living up to their motto
of “Go Green”.
In addition to new fuel agreements, Clean Energy has been
contracted to construct multiple fueling stations in early-2017.
Some of these include:
Clean Energy was contracted to design and build a CNG fueling
station in Grand Junction, Colorado for Mesa County, Colorado and
Grand Valley Transit. The station is expected to fuel up to 30 CNG
transit buses, 21 refuse and street sweeping trucks and be open
24/7 for the public. The station is anticipated to dispense
approximately 530,000 gasoline gallon equivalents (GGEs) per year
and is scheduled to open mid-summer 2017.
Clean Energy has been awarded a design and build contract by
Schwarz Ready Mix for a station located in Edmond, Oklahoma. The
site, expected to dispense an estimated 300,000 GGEs per year, is
the second station Clean Energy has built for Schwarz. The first
station is located in Oklahoma City and was completed in 2015.
In addition to these construction projects, Clean Energy
announced the following agreements in the Trucking, Transit and
Refuse sectors:
Trucking
- SuperValu, a grocery industry leader
with over 35,000 employees and 3,420 stores throughout the United
States, has signed a fueling agreement with Clean Energy to use its
network of stations in Pennsylvania, Virginia, Maryland, New York
and Maryland. The grocer, which operates a fleet of CNG trucks
throughout their network, is expected to use up to 100,000 GGEs of
natural gas per year.
- Castan Inc., a drayage truck operator
based out of Edgewood, WA which operates in the Ports of Seattle
and Tacoma, has signed a fueling contract with Clean Energy to fuel
out of its Fife, Washington station. The station consists of two
LNG fast-fill pumps, and is open to the public 24/7. Castan Inc.,
is expecting to be operating with 100% LNG trucks by the end of
2017.
- Clean Energy and Shipley Energy
announced the opening of the first natural gas fueling station in
York County, Pennsylvania. The station, located at the Pacific
Pride fueling station at 714 Loucks Mill Road in York, PA is open
24/7 and is available to the public. The station was designed and
built by Clean Energy, and will utilize quick-fill CNG dispensers
to service fleets like Shipley Energy and Bimbo Bakeries, who
combined are expected to use an estimated 210,000 GGEs per
year.
Transit
- The University of California Los
Angeles (UCLA) has awarded Clean Energy a fueling contract to
provide Redeem™ RNG for its on-campus Bruin Bus fleet. The transit
fleet will fuel at its private fleet fueling station and use an
estimated 80,000 GGEs per year.
- Muskegon Area Transit Authority,
located in Muskegon, Michigan, has signed a two-year agreement with
Clean Energy for operations and maintenance services at its
Muskegon station. The station has an expected annual volume of
83,500 GGEs per year and is the first transit station contract for
Clean Energy in the state.
- Vectren Energy, the natural gas utility
in southwestern Indiana, has signed a three-year operations and
maintenance agreement with Clean Energy for its public access
station in Evansville, Indiana. The CNG station dispenses
approximately 60,000 GGEs per year.
- The Tucson International Airport has
awarded Clean Energy a five-year lease extension for its natural
gas fueling station. In addition to airport service vehicles, the
station provides fuel to vehicles from Waste Management and the
City of Tucson.
- AirServe, a leading airport logistics
provider, has awarded Clean Energy a fueling contract for
operations at Los Angeles International Airport. AirServe will fuel
20 passenger transportation vehicles for operations with American
Airlines.
- Phoenix Super Shuttle has extended its
contract with Clean Energy to fuel 20 transit vans for operations
at Phoenix Sky Harbor International Airport. The vans will use
approximately 200,000 GGEs per year and fuel at Clean Energy’s
public station.
Refuse
- Clean Energy has a three-year
operations and maintenance contract with Recology, one of the
largest private refuse fleets in the country, for their two CNG
stations located in Brisbane and Gilroy, California. The two
stations, built by Clean Energy are estimated to dispense
approximately 300,000 GGEs per year to start and will support over
50 natural gas refuse trucks.
- EJ Harrison, one of the oldest and
largest privately owned trash collection businesses in the United
States, signed a 10-year operations and maintenance agreement with
Clean Energy, as well as a fueling agreement for Clean Energy’s
Redeem™ RNG fuel. EJ Harrison operates out of Ventura, California
and is expected to use approximately 125,000 GGEs in the first year
of operations.
- The City of Bakersfield has awarded
Clean Energy a fuel supply deal to serve its two refueling
locations with LNG. The city is anticipated to use approximately
760,000 GGEs per year. Clean Energy currently provides operations
and maintenance services for the both of the stations.
- Clean Energy has signed a LNG fueling
contract with Burrtec Waste Industries, one of the largest private
solid-waste companies in California. Clean Energy will transport
approximately 190,000 GGEs of LNG to Burrtec’s facility in Palm
Desert, California each year.
In addition to these agreements, Clean Energy announced that it
has recently secured $3.5 million in grant funds for 22 of its
customers in California. The grants, provided by the California
Energy Commission, are part of the Natural Gas Vehicle Incentive
Program (NGVIP) and will assist with the purchase of 186 natural
gas vehicles this year.
In 2016, Clean Energy secured a total $40.5 million in grants
for its customers, including funds for CNG station construction
projects and the purchase of over 700 NGVs for customers in 12
states and Canada.
Natural gas fuel costs less than gasoline or diesel, depending
on local market conditions. The use of natural gas fuel also
reduces greenhouse gas emissions up to 21 percent and up to 70
percent with the use of renewable natural gas. In addition, nearly
all natural gas consumed in North America is produced in North
America.
About Clean Energy
Clean Energy Fuels Corp. (Nasdaq: CLNE) is the leading provider
of natural gas fuel for transportation in North America. We build
and operate CNG and LNG vehicle fueling stations; manufacture CNG
and LNG equipment and technologies; develop RNG production
facilities; and deliver more CNG and LNG vehicle fuel than any
other company in the U.S. Clean Energy also sells Redeem™ RNG fuel
and believes it is the cleanest transportation fuel commercially
available, reducing greenhouse gas emissions by up to 70%. For more
information, visit www.CleanEnergyFuels.com.
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 numbers of vehicles expected to be deployed,
amounts of natural gas fuel expected to be consumed and the
benefits of natural gas relative to gasoline and diesel. Actual
results and the timing of events could differ materially from those
anticipated in these forward-looking statements as a result of
several factors, including, without limitation, the price of
natural gas relative to gasoline and diesel, the cost and operating
experience associated with natural gas vehicles, and permitting and
other factors affecting construction. The forward-looking
statements made herein speak only as of the date of this press
release and, unless otherwise required by law, the Company
undertakes no obligation to publicly update such forward-looking
statements to reflect subsequent events or circumstances.
Additionally, the reports and other documents the Company 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: http://www.businesswire.com/news/home/20170207005614/en/
Clean Energy Media Contact:Jason Johnston,
949-437-1411jason.johnston@cleanenergyfuels.comorClean Energy
Investor Contact:Tony Kritzer,
949-437-1403tkritzer@cleanenergyfuels.com
Clean Energy Fuels (NASDAQ:CLNE)
Historical Stock Chart
From Mar 2024 to Apr 2024
Clean Energy Fuels (NASDAQ:CLNE)
Historical Stock Chart
From Apr 2023 to Apr 2024