Production of RNG begins at Del Rio Dairy,
Clean Energy’s First Investment in the Negative Carbon Intensive
Fuel
Clean Energy Fuels Corp. (NASDAQ: CLNE), the largest provider of
the cleanest fuel for the transportation market, has been awarded a
contract by San Diego Metropolitan Transit System (MTS), to provide
an expected 86 million gallons of renewable natural gas (RNG) to
operate its bus fleet.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230124005319/en/
Filamar Energy Services signed an
agreement with Clean Energy for an anticipated 4.2 million gallons
of natural gas to power a fleet of more than 50 heavy-duty trucks.
(Photo: Business Wire)
“San Diego MTS was an early adopter of natural gas in the 1990s
and has continued to seek cleaner and more economical fueling
options,” said Clean Energy Senior Vice President Chad Lindholm.
“As a result of the use of RNG the people who live in the San Diego
area will have less exposure to greenhouse gas emissions and
cleaner air.”
“RNG is a great example of how we can use innovation and
technology to create a cleaner and more sustainable environment,”
said MTS Chief Executive Officer Sharon Cooney. “The use of RNG is
an important strategy for MTS while we work toward achieving our
goal of zero emissions. This contract with Clean Energy will play
key role as MTS continues transitioning to a more eco-friendly
transit system.”
MTS serves the San Diego metropolitan area with a fleet of 764
buses, of which 595 run on RNG, that fuel at four private transit
stations. The contract was awarded through competitive
solicitation. By operating on RNG instead of diesel, it is
anticipated that the fleet will reduce 73,972 metric tons of carbon
dioxide—the equivalent of planting 1.2 million trees, taking 15,
939 gasoline cars off the road, or recycling 25,596 tons of
landfill waste per year.
RNG Production
Clean Energy continues to make significant investments in the
production of additional RNG sources and has partnered with two of
the most sustainability-committed global energy companies,
TotalEnergies and bp, to sign partnerships with dairy owners around
the country.
The project at Del Rio Dairy
in Texas, which is part of Clean
Energy’s join venture with TotalEnergies, is in final commissioning
with manure introduced to the digester and its first gas injection
is expected in the first quarter of this year. When operational,
the manure from Del Rio’s 8,000 milking cows is anticipated to
produce more than a million gallons of RNG a year.
Construction at South Fork Dairy in Hart County, TX is expected
to commence soon with an anticipated 2.6 million gallons of RNG to
be produced annually once completed.
Construction at the first dairy projects through the joint
venture with bp in Iowa, South Dakota and Minnesota are nearing
completion. RNG is expected to begin to flow in the first quarter
of 2023 with five total projects online by mid-year.
Expanding with New and Existing Customers
Filamar Energy Services, a full-service energy logistics
provider based in Houston, signed an agreement with Clean Energy
for an anticipated 4.2 million gallons of compressed natural gas to
power a fleet of 50 heavy-duty trucks. These will be supported by a
new station in Hennessey, OK to be built by Clean Energy.
“Our carbon-neutral logistics service will support customers who
want to further decrease their environmental footprint,” said
Filamar CEO Lambert Arceneaux. “In addition to CNG’s certain
environmental benefits, it also makes Filamar a more efficient
transportation provider by lowering fuel costs making our business
and the industry as a whole more efficient.”
An early adopter of clean transportation, Denver International
Airport (DEN) has contracted with Clean Energy to upgrade five
fueling facilities that will power 95 natural gas vehicles with an
anticipated 5 million gallons of RNG. The new stations are expected
to be completed later in 2023.
Denver International Airport was recently awarded the NGVAmerica
2022 Achievement Award for their innovation and commitment to
fueling with natural gas. The expanded availability of RNG at the
airport will accommodate additional airport transportation, such as
rental car firms and air freight operators, to provide low-carbon
transportation.
“DEN’s continued investment in RNG-fueled vehicles and fueling
infrastructure will enable airport operators to lower their motor
fuel costs while the airport quickly achieves cleaner air and
further decarbonizes its operational footprint,” said Daniel Gage,
president, NGVAmerica. “We are pleased to recognize Denver’s
continued achievement in this space.”
DEN was also bestowed the 2022 Leading Airport Fleet award by
ACT Expo in recognition of the airport's alternative and
sustainable fleet assets. The award recognizes airport fleets that
demonstrate leadership in alternative fuel and advanced vehicle
technology.
Clean Energy began providing RNG to long-time customer
Jacksonville Transit, transitioning the large Jacksonville, FL
transit agency to the cleanest available fuel option. Jacksonville
Transit is committed to an approximate 2.1 million gallons per year
to power its fleet of buses.
Stark Area Regional Transit Authority (SARTA) in Canton, OH has
signed an operations and maintenance agreement with Clean Energy
for its station which powers 60 buses with an anticipated 2.5
million gallons of natural gas. SARTA is committed to growing its
low and zero-emission fleet and plans to phase out all diesel fuel
in the next few years.
Clean Energy will continue to serve Washington Metropolitan Area
Transit Authority (WMTA) by extending an operations and maintenance
agreement for WMTA’s stations in Washington, DC and Arlington, VA
which fuel 300 buses with an approximate 4.6 million gallons of
natural gas.
Clean Energy is extending its partnership with the City of
Burbank for an additional 10 years, providing an anticipated five
million gallons of RNG at two stations to fuel 50 trucks and
transit vehicles.
US Foods, a transporter of food products with operations in
Sacramento, has signed a fueling agreement for an estimated 280,000
gallons of RNG to power 17 trucks.
More clean vehicles are coming to the Ports of Los Angeles and
Long Beach. Clean Energy has signed fueling agreements with Pacific
Expressway and others for an approximate total 2.2 million gallons
of RNG.
Propark, a national parking and transit provider for Yale
University Hospital in New Haven, CT, has signed a fueling
agreement for an anticipated 400,000 gallons of natural gas to
power its shuttle buses.
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 of natural gas expected to be produced or
consumed; numbers of vehicles expected to be deployed or financed;
the environmental and other benefits of Clean Energy’s fuels; the
timing and scope of construction, maintenance, and other projects;
the impacts of legislative and regulatory developments; and the
value and scope of contracts. 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.
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 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. Visit
www.cleanenergyfuels.com and follow @ce_renewables on Twitter.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230124005319/en/
Raleigh Gerber 949-437-1397
raleigh.gerber@cleanenergyfuels.com
Clean Energy Fuels (NASDAQ:CLNE)
Historical Stock Chart
From Jun 2024 to Jul 2024
Clean Energy Fuels (NASDAQ:CLNE)
Historical Stock Chart
From Jul 2023 to Jul 2024