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SJI and OPAL Fuels Commence Construction on Burlington Renewable Natural Gas Facility

Aug 07, 2024almost 2 years ago

Contract Type

partnership

United StatesEnergyOil And GasRenewable Energy

Description

South Jersey Industries (SJI) and OPAL Fuels Inc. have announced the commencement of construction on a renewable natural gas (RNG) production facility at the Burlington County Resource Recovery Complex solid waste landfill in Florence Township, New Jersey. The facility will have an annual design capacity of nearly 0.92 million MMBtus and is aimed at reducing methane emissions from the landfill and displacing over 530,000 metric tons of carbon dioxide (CO2) per year.

Company Information

Company

OPAL Fuels

Location

United States

About

OPAL Fuels Inc. is engaged in the production and distribution of renewable natural gas (RNG) and other clean energy solutions primarily aimed at reducing greenhouse gas emissions. The company provides key services in the transition to sustainable energy, focusing on the development and operation of RNG facilities. OPAL Fuels serves various markets including commercial transportation and industrial sectors, highlighting a strategic emphasis on expanding its geographic footprint and enhancing production capabilities. With its headquarters in White Plains, New York, and as an emerging growth company, OPAL Fuels is positioned to capitalize on the increasing demand for renewable energy solutions amidst growing environmental regulations.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months