OPAL Fuels Inc. has agreed to produce renewable pure fuel (RNG) to 5 fueling stations to an built-in logistics options supplier. OPAL Fuels mentioned in a media launch that the 5 stations are at present beneath building and also will be serviced by the corporate beneath present long-term agreements.
The corporate mentioned that the brand new station provide settlement builds upon a decade-long collaboration between the businesses in america.
The six-year RNG provide settlement anticipates a mixed annual quantity of roughly 12 million gasoline gallon equal (GGE) as soon as all stations are operational, OPAL Fuels mentioned. Two of the brand new stations are set to be commissioned this month with the remaining three stations over the following six to 12 months, it mentioned. The mixed annual quantity throughout the 5 fueling stations lands at 60 million GGEs.
“This important settlement with a number one freight logistics supplier underscores each their and OPAL’s dedication to decarbonize heavy-duty trucking by means of RNG”, Adam Comora, Co-CEO of OPAL Fuels, mentioned. “With its confirmed monetary and sustainability advantages, the demand for RNG as a diesel different is just set to develop within the coming years. We’re thrilled to leverage our vertically built-in platform to offer a ‘Cleaner, Cheaper, Now’ gas answer serving to fleets decrease each their working prices and their carbon footprint”.
OPAL Fuels specializes within the seize and conversion of biogas into low-carbon depth RNG and renewable electrical energy. The corporate can also be a significant participant within the advertising and distribution of RNG to heavy-duty trucking and different hard-to-decarbonize industrial sectors.
For the primary 9 months of 2024, the corporate bought 54.7 million GGEs as transport gas, an 81 % enhance in comparison with the prior-year interval. Its Gasoline Station Providers section bought, disbursed, and serviced an mixture of 110.3 million GGEs of transport gas for the 9 months ended September 30, 2024, a 13 % enhance in comparison with the identical interval the prior yr.
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