Aemetis Biogas Monthly RNG Production Increased by 55% in March
Aemetis (NASDAQ: AMTX) reported a significant 55% increase in renewable natural gas (RNG) production in March compared to February, attributed to warmer weather improving microbial activity. The company completed sales of LCFS credits and D3 RINs at Q1's end.
The company is finalizing LCFS pathway approvals for seven dairy digesters by CARB, expected by Q2 end, potentially generating $6 million yearly in increased revenues. Additionally, CARB's November 2024 LCFS amendments could increase LCFS credit prices, potentially generating up to 300% more total LCFS revenue per MMBtu of RNG.
Aemetis is constructing digesters for four additional dairies, expected to be operational in the coming months. The company's Central Dairy Digester Project, involving 50 dairies near Modesto, California, is projected to generate 1.65 million MMBtu of dairy RNG annually when completed.
Aemetis (NASDAQ: AMTX) ha riportato un incremento significativo del 55% nella produzione di gas naturale rinnovabile (RNG) nel mese di marzo rispetto a febbraio, attribuito a condizioni meteorologiche più calde che hanno migliorato l'attività microbica. L'azienda ha completato la vendita di crediti LCFS e RIN D3 alla fine del primo trimestre.
L'azienda sta finalizzando le approvazioni dei percorsi LCFS per sette digestori da latte da parte della CARB, attese entro la fine del secondo trimestre, con la possibilità di generare $6 milioni all'anno in ricavi aggiuntivi. Inoltre, le modifiche LCFS della CARB di novembre 2024 potrebbero aumentare i prezzi dei crediti LCFS, generando potenzialmente fino al 300% in più di entrate totali LCFS per MMBtu di RNG.
Aemetis sta costruendo digestori per quattro ulteriori aziende lattiero-casearie, previsti per essere operativi nei prossimi mesi. Il progetto del digestore centrale per latticini dell'azienda, che coinvolge 50 aziende lattiero-casearie vicino a Modesto, California, è previsto generare annualmente 1,65 milioni di MMBtu di RNG da latte al termine dei lavori.
Aemetis (NASDAQ: AMTX) reportó un aumento significativo del 55% en la producción de gas natural renovable (RNG) en marzo en comparación con febrero, atribuido a un clima más cálido que mejora la actividad microbiana. La empresa completó la venta de créditos LCFS y RIN D3 al final del primer trimestre.
La empresa está finalizando las aprobaciones de la ruta LCFS para siete digestores lácteos por parte de CARB, que se espera para finales del segundo trimestre, lo que podría generar $6 millones anuales en ingresos adicionales. Además, las enmiendas LCFS de CARB de noviembre de 2024 podrían aumentar los precios de los créditos LCFS, generando potencialmente hasta un 300% más de ingresos totales de LCFS por MMBtu de RNG.
Aemetis está construyendo digestores para cuatro lecherías adicionales, que se espera estén operativos en los próximos meses. El proyecto de digestor central de lácteos de la empresa, que involucra 50 lecherías cerca de Modesto, California, se proyecta que generará 1.65 millones de MMBtu de RNG lácteo anualmente cuando esté completado.
Aemetis (NASDAQ: AMTX)는 2월 대비 3월에 재생 가능한 천연가스(RNG) 생산이 55% 증가했다고 보고했으며, 이는 따뜻한 날씨가 미생물 활동을 개선한 데 기인합니다. 회사는 1분기 말에 LCFS 크레딧과 D3 RIN의 판매를 완료했습니다.
회사는 CARB에 의해 7개의 유제품 소화조에 대한 LCFS 경로 승인을 마무리하고 있으며, 이는 2분기 말까지 예상되며, 연간 600만 달러의 추가 수익을 창출할 수 있습니다. 또한, CARB의 2024년 11월 LCFS 수정안은 LCFS 크레딧 가격을 인상할 수 있으며, RNG의 MMBtu당 최대 300% 더 많은 총 LCFS 수익을 생성할 수 있습니다.
Aemetis는 향후 몇 개월 내에 운영될 것으로 예상되는 4개의 추가 유제품 소화조를 건설하고 있습니다. 회사의 중앙 유제품 소화조 프로젝트는 캘리포니아 모데스토 근처의 50개 유제품 농장을 포함하며, 완공 시 연간 165만 MMBtu의 유제품 RNG를 생성할 것으로 예상됩니다.
Aemetis (NASDAQ: AMTX) a annoncé une augmentation significative de 55% de la production de gaz naturel renouvelable (RNG) en mars par rapport à février, attribuée à un temps plus chaud améliorant l'activité microbienne. L'entreprise a finalisé la vente de crédits LCFS et de RIN D3 à la fin du premier trimestre.
L'entreprise finalise les approbations de chemin LCFS pour sept digesteurs laitiers par la CARB, qui devraient être attendues d'ici la fin du deuxième trimestre, générant potentiellement 6 millions de dollars par an en revenus supplémentaires. De plus, les amendements LCFS de la CARB de novembre 2024 pourraient augmenter les prix des crédits LCFS, générant potentiellement jusqu'à 300 % de revenus totaux LCFS supplémentaires par MMBtu de RNG.
Aemetis construit des digesteurs pour quatre laiteries supplémentaires, qui devraient être opérationnels dans les mois à venir. Le projet de digesteur central de l'entreprise, impliquant 50 laiteries près de Modesto, en Californie, devrait générer 1,65 million de MMBtu de RNG laitier par an une fois terminé.
Aemetis (NASDAQ: AMTX) berichtete von einem deutlichen Anstieg der Produktion von erneuerbarem Erdgas (RNG) um 55% im März im Vergleich zu Februar, was auf wärmeres Wetter zurückzuführen ist, das die mikrobielle Aktivität verbessert hat. Das Unternehmen hat am Ende des ersten Quartals den Verkauf von LCFS-Gutschriften und D3 RINs abgeschlossen.
Das Unternehmen finalisiert die Genehmigungen für LCFS-Pfade für sieben Molkereidigestoren durch die CARB, die bis Ende des zweiten Quartals erwartet werden und potenziell 6 Millionen Dollar jährlich an zusätzlichen Einnahmen generieren könnten. Darüber hinaus könnten die LCFS-Änderungen der CARB im November 2024 die Preise für LCFS-Gutschriften erhöhen, was potenziell bis zu 300% mehr Gesamteinnahmen aus LCFS pro MMBtu RNG generieren könnte.
Aemetis baut Digestoren für vier weitere Molkereien, die in den kommenden Monaten in Betrieb genommen werden sollen. Das zentrale Molkereidigestor-Projekt des Unternehmens, das 50 Molkereien in der Nähe von Modesto, Kalifornien, umfasst, soll jährlich 1,65 Millionen MMBtu RNG aus Milch produzieren, wenn es abgeschlossen ist.
- 55% month-over-month increase in RNG production
- Completion of LCFS credits and D3 RINs sales in Q1
- Expected $6M yearly revenue increase from pending LCFS pathway approvals
- Potential 300% increase in LCFS revenue per MMBtu from CARB amendments
- Four additional dairy digesters nearing operational status
- LCFS pathway approvals for seven dairy digesters still pending
- Revenue increase dependent on future CARB regulation approval
Insights
Aemetis reported a 55% month-over-month increase in renewable natural gas production for March, representing significant operational momentum for its biogas business. While this growth is partly seasonal due to warmer temperatures improving microbial activity, the magnitude suggests strong execution of their 2025 production plan.
The company also completed critical end-of-quarter sales of Low Carbon Fuel Standard (LCFS) credits and D3 Renewable Identification Numbers (RINs), which directly translate to revenue. This demonstrates their ability to monetize production effectively through multiple value streams, including the newly mentioned Section 45Z sellable tax credits.
Near-term catalysts include:
- Four additional dairy digesters nearing operational status in the coming months
- Final LCFS pathway approvals for seven dairy digesters expected by Q2-end, projected to generate
$6 million in additional annual revenue - Pending CARB regulatory amendments that could potentially increase LCFS revenue by up to
300% per MMBtu
The scope of Aemetis' Central Dairy Digester Project is substantial, with agreements covering 50 dairies and a projected annual production capacity of 1.65 million MMBtu. The project addresses energy security concerns by producing domestic biofuel from waste sources to replace imported diesel, aligning with both environmental and energy independence initiatives.
Sales of LCFS credits and D3 RINs completed at the end of Q1
CUPERTINO, Calif., April 08, 2025 (GLOBE NEWSWIRE) -- Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company focused on low and negative carbon intensity renewable fuels, announced today that its production of renewable natural gas (RNG) increased
Aemetis Biogas also completed a sale of LCFS and D3 RINs at the end of Q1. The LCFS credits were generated from RNG dispensed as transportation fuel in Q4 2024 and were booked under the California Air Resource Board (CARB) reporting process at the end of the first quarter this year. The D3 RINs were from production and dispensing of RNG in February 2025.
“Aemetis Biogas uses animal waste feedstock to produce domestic energy which is not directly impacted by import/export tariffs. The significant
Aemetis Biogas is in the final phase of Low Carbon Fuel Standard (LCFS) pathway approvals for seven dairy digesters by the California Air Resources Board (CARB), which is expected to be received before the end of Q2, which should generate about
CARB is also in the process of finalizing its November 2024 LCFS amendments that are expected to significantly increase the mandated demand for LCFS credits, and CARB just published its final proposed regulations for a fifteen-day comment period last Friday. The higher LCFS credit prices expected to be created by these regulations will further increase Aemetis Biogas LCFS revenue proportionally to the LCFS credit price increase, potentially generating up to
Aemetis Biogas continues to grow production and revenues as it builds digesters and biogas pipelines to capture methane from 50 dairies that have signed agreements to supply the Central Dairy Digester Project near Modesto, California. When completed, the Aemetis Biogas Central Dairy Digester Project is expected to generate 1.65 million MMBtu of dairy RNG each year. Since California imports more than
About Aemetis
Headquartered in Cupertino, California, Aemetis is a renewable natural gas and renewable fuel company focused on the operation, acquisition, development, and commercialization of innovative technologies that replace petroleum products and reduce greenhouse gas emissions. Founded in 2006, Aemetis is operating and actively expanding a California biogas digester network and pipeline system to convert dairy waste gas into Renewable Natural Gas. Aemetis owns and operates a 65 million gallon per year ethanol production facility in California’s Central Valley near Modesto that supplies about 80 dairies with animal feed. Aemetis owns and operates an 80 million gallon per year production facility on the East Coast of India producing high quality distilled biodiesel and refined glycerin. Aemetis is developing a sustainable aviation fuel and renewable diesel fuel biorefinery in California, renewable hydrogen, and hydroelectric power to produce low carbon intensity renewable jet and diesel fuel. For additional information about Aemetis, please visit www.aemetis.com.
Safe Harbor Statement
This news release contains forward-looking statements, including statements regarding assumptions, projections, expectations, targets, intentions or beliefs about future events or other statements that are not historical facts. Forward-looking statements include, without limitation, projections of financial results in 2025 and future years; statements relating to the development, engineering, financing, construction and operation of the Aemetis ethanol, biogas, SAF and renewable diesel, and carbon sequestration facilities; our ability to promote, develop, finance, and construct facilities to produce biogas, renewable fuels, and biochemicals; and statements about future market prices and results of government actions. Words or phrases such as “anticipates,” “may,” “will,” “should,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “showing signs,” “targets,” “view,” “will likely result,” “will continue” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on current assumptions and predictions and are subject to numerous risks and uncertainties. Actual results or events could differ materially from those set forth or implied by such forward-looking statements and related assumptions due to certain factors, including, without limitation, competition in the ethanol, biodiesel and other industries in which we operate, commodity market risks including those that may result from current weather conditions, financial market risks, customer adoption, counter-party risks, risks associated with changes to federal policy or regulation, and other risks detailed in our reports filed with the Securities and Exchange Commission, including our Annual Reports on Form 10-K, and in our other filings with the SEC. We are not obligated, and do not intend, to update any of these forward-looking statements at any time unless an update is required by applicable securities laws.
Company Investor Relations
Media Contact:
Todd Waltz
(408) 213-0940
investors@aemetis.com
External Investor Relations
Contact:
Kirin Smith
PCG Advisory Group
(646) 863-6519
ksmith@pcgadvisory.com
