Pollution Probe and partners release results of electric school bus pilot program in Alberta
Plug receives $1.66B conditional commitment loan guarantee from DOE for green hydrogen development pipeline

SunGas Renewables and C2X partner to scale up the production of green methanol and other renewable fuels

SunGas Renewables and C2X announced a strategic partnership and an investment by C2X in convertible preferred stock issued by SunGas. Together, SunGas and C2X aim to develop, own, and operate multiple green methanol production facilities in North America to increase the supply of sustainable fuels and advance global decarbonization of hard to abate industries.

SunGas, a spin-out of GTI Energy, is a leader in providing proven process technology and equipment for enabling the production of renewable fuels. C2X is aiming to establish large-scale green methanol production for multiple industries around the globe. The partnership with C2X will enable SunGas to develop projects based on its technology in US communities, and to sell its gasification equipment systems to customers who are building and operating renewable fuels production facilities around the world.

This investment will also support the continued development of SunGas’ Beaver Lake Renewable Energy (BLRE) green methanol project in Central Louisiana. BLRE, expected to be fully operational as early as 2028, aims to produce green methanol at a capacity of more than 400,000 tons per year. It is planned to be the first of several renewable fuels facilities to be developed, owned, and operated by C2X and SunGas across North America.

The pairing of C2X and SunGas’ skills and competencies will enable both companies to offer solutions for customers needing to source meaningful quantities of green fuels as well as technology and services for project development partners and owners.

Comments

The comments to this entry are closed.