Clean Energy Opens Clean-fuel RNG Station in Davenport, Florida
Clean Energy Fuels Corp. (NASDAQ: CLNE) has opened a new renewable natural gas (RNG) fueling station in Davenport, Florida. The station serves heavy-duty trucking fleets operating near Highway 27, I4, and the Florida Turnpike. RNG, made from organic waste, reduces carbon emissions by an average of 300% compared to diesel.
The station's opening coincides with the introduction of Cummins' X15N natural gas engine, which has been well-received by major fleets for its power and environmental benefits. The Davenport facility features five fast-fill dispensers and 98 time-fill fueling hoses on a 3.7-acre site.
Clean Energy is expanding its network of over 600 fueling stations in North America and investing in RNG production at dairy farms to address greenhouse gas emissions from agriculture and transportation sectors.
Clean Energy Fuels Corp. (NASDAQ: CLNE) ha inaugurato una nuova stazione di rifornimento di gas naturale rinnovabile (RNG) a Davenport, Florida. La stazione serve flotte di camion pesanti che operano vicino all'Highway 27, I4 e al Florida Turnpike. L'RNG, prodotto da rifiuti organici, riduce le emissioni di carbonio in media del 300% rispetto al diesel.
L'apertura della stazione coincide con l'introduzione del motore a gas naturale X15N di Cummins, che ha ricevuto un'ottima accoglienza da parte delle principali flotte per la sua potenza e i benefici ambientali. La struttura di Davenport dispone di cinque erogatori a rifornimento veloce e 98 tubi di rifornimento a tempo su un'area di 3,7 acri.
Clean Energy sta espandendo la sua rete di oltre 600 stazioni di rifornimento in Nord America e investendo nella produzione di RNG presso aziende lattiero-casearie per affrontare le emissioni di gas serra nei settori agricolo e dei trasporti.
Clean Energy Fuels Corp. (NASDAQ: CLNE) ha abierto una nueva estación de abastecimiento de gas natural renovable (RNG) en Davenport, Florida. La estación atiende a flotas de camiones pesados que operan cerca de la Highway 27, I4 y el Florida Turnpike. El RNG, hecho de desechos orgánicos, reduce las emisiones de carbono en un promedio del 300% en comparación con el diésel.
La apertura de la estación coincide con la presentación del motor a gas natural X15N de Cummins, que ha sido bien recibido por las principales flotas debido a su potencia y beneficios medioambientales. La instalación de Davenport cuenta con cinco dispensadores de llenado rápido y 98 mangueras de llenado a tiempo en un sitio de 3.7 acres.
Clean Energy está expandiendo su red de más de 600 estaciones de abastecimiento en América del Norte e invirtiendo en la producción de RNG en granjas lecheras para abordar las emisiones de gases de efecto invernadero en los sectores agrícola y de transporte.
클린 에너지 연료 주식회사 (NASDAQ: CLNE)가 플로리다주 다벤포트에 새로운 재생 자연 가스(RNG) 충전소를 개소했습니다. 이 충전소는 하이웨이 27, I4 및 플로리다 턴파이크 근처에서 운영되는 대형 트럭 플릿에 서비스를 제공합니다. 유기 폐기물로 만들어진 RNG는 디젤에 비해 평균 300%의 탄소 배출을 줄입니다.
충전소 개소는 Cummins의 X15N 자연 가스 엔진 도입과 일치하며, 이 엔진은 강력한 성능과 환경적인 이점으로 주요 플릿에서 좋은 반응을 얻고 있습니다. 다벤포트 시설에는 5개의 빠른 충전기와 3.7 에이커 부지에 98개의 시간 충전 호스가 있습니다.
클린 에너지는 북미에서 600개 이상의 충전소 네트워크를 확장하고 농업 및 운송 부문에서 온실가스 배출 문제를 해결하기 위해 유제품 농장에서 RNG 생산에 투자하고 있습니다.
Clean Energy Fuels Corp. (NASDAQ: CLNE) a ouvert une nouvelle station de ravitaillement en gaz naturel renouvelable (RNG) à Davenport, en Floride. La station dessert des flottes de camions lourds opérant à proximité de l'Autoroute 27, de l'I4 et du Florida Turnpike. Le RNG, fabriqué à partir de déchets organiques, réduit les émissions de carbone en moyenne de 300% par rapport au diesel.
L'ouverture de la station coïncide avec l'introduction du moteur à gaz naturel X15N de Cummins, qui a été bien accueilli par les grandes flottes pour sa puissance et ses avantages environnementaux. L'installation de Davenport dispose de cinq distributeurs à remplissage rapide et de 98 tuyaux de remplissage à temps sur un site de 3.7 acres.
Clean Energy étend son réseau de plus de 600 stations de ravitaillement en Amérique du Nord et investit dans la production de RNG dans des fermes laitières pour s'attaquer aux émissions de gaz à effet de serre dans les secteurs agricole et des transports.
Clean Energy Fuels Corp. (NASDAQ: CLNE) hat eine neue erneuerbare Erdgastankstelle (RNG) in Davenport, Florida eröffnet. Die Tankstelle bedient schwere Lkw-Flotten, die in der Nähe der Highway 27, I4 und dem Florida Turnpike operieren. RNG, das aus organischen Abfällen hergestellt wird, reduziert die Kohlenstoffemissionen im Durchschnitt um 300% im Vergleich zu Diesel.
Die Eröffnung der Station fällt mit der Einführung des Erdgas-Motors X15N von Cummins zusammen, der von großen Flotten aufgrund seiner Leistung und Umweltvorteile gut angenommen wurde. Die Anlage in Davenport verfügt über fünf Schnellbetankungsanlagen und 98 Zeitbetankungsschläuche auf einem Grundstück von 3,7 Acres.
Clean Energy erweitert sein Netzwerk von über 600 Tankstellen in Nordamerika und investiert in die RNG-Produktion auf Milchfarmen, um die Treibhausgasemissionen in den Agrar- und Transportsektoren anzugehen.
- Opening of new RNG fueling station in strategic location
- RNG reduces carbon emissions by 300% compared to diesel
- Alignment with introduction of Cummins' X15N natural gas engine
- Expansion of Clean Energy's fueling station network
- Investment in RNG production at dairy farms
- None.
Insights
Clean Energy Fuels Corp.'s opening of a new RNG fueling station in Davenport, Florida, marks a significant step in the company's expansion strategy and the broader adoption of renewable natural gas in the transportation sector. This development is particularly noteworthy for several reasons:
- Strategic Location: The station's placement near major highways positions it to serve high-traffic routes, potentially capturing a significant market share of heavy-duty trucking fleets.
- Timing with Cummins X15N Engine: The station's opening coincides with the introduction of Cummins' X15N natural gas engine, which could accelerate the adoption of RNG in the trucking industry. This synergy may lead to increased demand for Clean Energy's services.
- Environmental Impact: RNG's ability to reduce carbon emissions by an average of
300% compared to diesel is a strong selling point, especially as environmental regulations tighten and companies seek to reduce their carbon footprint. - Expanding Infrastructure: With over 600 fueling stations in North America, Clean Energy is solidifying its position as a leader in the alternative fuel market. This expansion demonstrates the company's commitment to growth and meeting increasing demand.
From an investor's perspective, Clean Energy's strategic moves in both fuel distribution and RNG production indicate a comprehensive approach to capturing market share in the evolving clean energy transportation sector. However, the company's success will depend on the rate of adoption of RNG-powered vehicles and the stability of government policies supporting alternative fuels.
The opening of Clean Energy's RNG station in Davenport is a significant development in the context of U.S. environmental policy and emissions reduction efforts. Here's why this matters:
- Targeting High-Emission Sectors: By focusing on agriculture and transportation, which together account for
38% of U.S. GHG emissions according to the EPA, Clean Energy is addressing two critical areas for climate change mitigation. - Negative Carbon-Intensity Score: RNG's ability to achieve a negative carbon-intensity score is a game-changer. This means that using RNG as a fuel can actually remove more GHGs from the atmosphere than it produces, a rare feat in the energy sector.
- Policy Alignment: This initiative aligns with broader policy goals to reduce emissions from the transportation sector, which could lead to favorable regulatory environments and potential incentives for RNG adoption.
- Circular Economy Model: By capturing methane from farm waste and using it as a transportation fuel, Clean Energy is demonstrating a practical application of circular economy principles, which are increasingly favored in environmental policy frameworks.
While the environmental benefits are clear, the long-term success of RNG will depend on continued technological advancements, scale of adoption and supportive policy measures. Investors should monitor policy developments at both federal and state levels, as these could significantly impact the growth trajectory of RNG and Clean Energy's market position.
The opening of Clean Energy's RNG station in Davenport, Florida, signals a potentially transformative shift in the heavy-duty trucking industry. Here's what investors should consider:
- Market Validation: The positive reception of Cummins' X15N natural gas engine by major fleets like Walmart, Knight Swift, UPS and Amazon is a strong indicator of market readiness for RNG-powered trucks.
- Infrastructure Growth: Clean Energy's expanding network of fueling stations addresses a critical barrier to RNG adoption - fuel availability. The strategic placement of this station near major highways enhances its potential utilization.
- Competitive Advantage: As the largest provider of clean fuel for transportation, Clean Energy is well-positioned to capitalize on the growing demand for RNG. Their investments in both fueling infrastructure and RNG production create a vertically integrated model that could provide a significant competitive edge.
- Industry Transition: The trucking industry's shift towards cleaner fuels is gaining momentum. Clean Energy's expansion suggests they anticipate accelerating demand, which could indicate a tipping point in the industry's energy transition.
However, investors should be aware of potential challenges. The pace of fleet conversions to RNG, the long-term cost competitiveness of RNG compared to other alternative fuels and the development of competing technologies like electric trucks could all impact Clean Energy's growth trajectory. Monitoring fleet adoption rates and policy support for RNG will be important in assessing the company's future performance.
Clean Energy's new renewable natural gas (RNG) fueling station in
The opening of the RNG station aligns with the highly anticipated introduction of Cummins’ X15N natural gas engine, a breakthrough development for heavy-duty trucking fleets looking to shift to the ultraclean fuel without compromising on capability. The new engine has been tested by some of the country’s most demanding fleets such as Walmart, Knight Swift, UPS and Amazon and is receiving high praise for its power, torque, fuel economy and the ability to dramatically reduce greenhouse gas (GHG) emissions.
“Clean Energy has seen a strong demand for RNG fuel from both new and existing customers. The Davenport station is in a great location to supply a clean fuel to the many fleets that operate in the central
The new station sits on 3.7 acres of land located at 2450 Access Road,
Clean Energy is also making substantial investments in the production of RNG at dairy farms. Agriculture accounts for nearly
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 by capturing methane 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
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: the amounts and timing of renewable natural gas expected to be produced or consumed; the timing and scope of construction, maintenance, and other projects; the numbers and timing of vehicles expected to be deployed, fueled, maintained, or financed; the characteristics and performance of natural gas engines and trucks; the potential development of the consumer market for RNG; the amounts and timing of manure expected to be produced; the environmental and other benefits of Clean Energy’s fuels; the availability of environmental, tax and other government regulations, programs and incentives; and the impacts of legislative and regulatory developments. 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240731593619/en/
Media Contact:
Kimberly Fleer
1-949-437-1447
Kimberly.Fleer@cleanenergyfuels.com
Investor Contact:
Thomas Driscoll
1-949-437-1191
Thomas.Driscoll@cleanenergyfuels.com
Source: Clean Energy Fuels Corp.
FAQ
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