Welcome to our dedicated page for Clean Energy Fuels news (Ticker: CLNE), a resource for investors and traders seeking the latest updates and insights on Clean Energy Fuels stock.
Clean Energy Fuels Corp (CLNE) delivers renewable natural gas (RNG) and low-carbon fueling solutions for commercial transportation. This news hub provides investors and industry stakeholders with essential updates on the company's strategic initiatives, operational developments, and market leadership in sustainable energy.
Access official press releases, financial announcements, and operational milestones covering key areas including RNG production expansion, fueling infrastructure growth, and partnerships with transportation fleets. Our curated collection helps track Clean Energy's progress in decarbonizing heavy-duty transport sectors through innovative natural gas solutions.
Discover updates on regulatory compliance achievements, technology innovations in fuel processing, and sustainability certifications. The resource serves professionals needing to monitor Clean Energy's position within evolving energy transition policies and competitive alternative fuel markets.
Bookmark this page for direct access to verified CLNE developments, including quarterly financial results, contract awards with municipal transit systems, and advancements in waste-to-RNG projects. Stay informed about the company's role in shaping North America's clean transportation infrastructure.
Clean Energy Fuels Corp. (NASDAQ: CLNE) successfully supplied liquified natural gas (LNG) for the first bunkering of Pasha Hawaii’s new container ship, MV George III, marking a significant milestone on the U.S. West Coast. Clean Energy collaborated with World Fuel Services and West Coast Clean Fuels to deliver over 300,000 gallons of LNG. The MV George III, along with two other planned LNG-powered vessels, is projected to consume 105 million gallons of LNG over five years. The expansion of Clean Energy's Boron, CA LNG plant is set to increase its production capacity by 50%.
Clean Energy Fuels Corp. (NASDAQ: CLNE) has announced new supply agreements for renewable natural gas (RNG), highlighting its commitment to meet the increasing demand for sustainable fuel sourced from organic waste. Notable deals include a 1.2 million gallon contract with California Transportation Dynamics and a multi-year deal with the City of Claremont for 400,000 gallons. Additionally, Clean Energy is advancing RNG production through joint ventures with TotalEnergies and bp, with projects underway in multiple states expected to produce over 10 million gallons annually.
The U.S. Senate has passed legislation extending the Alternative Fuel Tax Credit for three years, retroactively effective from January 1, 2022. Clean Energy Fuels Corp. (NASDAQ: CLNE) supports this bill, which encourages the use of renewable natural gas (RNG). Key provisions include a $0.50 per gallon fuel credit for RNG, a 30% investment tax credit for qualified biogas projects, and an extended Alternative Fuel Vehicle Refueling Property Credit increased from $30,000 to $100,000. This legislation aims to boost RNG production and investment.
Clean Energy Fuels Corp. (CLNE) reported second-quarter 2022 results, with revenues reaching $97.2 million, a significant increase from $0.5 million in Q2 2021. Fuel volume delivered rose to 106.9 million gallons, up 5.4% year-over-year. Renewable natural gas (RNG) deliveries increased 16.6% to 50 million gallons. While the net loss narrowed to $(13.2) million from $(79.7) million in the same period last year, challenges remain due to the expiration of the alternative fuel tax credit. The company is on track with RNG investments and new station constructions for Amazon.
Clean Energy Fuels Corp. (CLNE) plans to release its second quarter 2022 financial results on August 4, 2022, after market close. A conference call will follow at 4:30 p.m. ET, hosted by CEO Andrew J. Littlefair and CFO Robert M. Vreeland. Investors can participate via phone or webcast, with replays available for a limited time. Clean Energy focuses on providing renewable natural gas (RNG) to reduce greenhouse gas emissions.
Clean Energy Fuels Corp. (NASDAQ: CLNE) reported its Q1 2022 results, revealing an 8.2% revenue increase to $83.5 million, driven by a 3.7% rise in gallons delivered. The company maintained cash and investments at $229 million. However, it faced a net loss of $(24.2) million, impacted by Amazon warrant charges and rising operational expenses. Adjusted EBITDA fell to $3.3 million from $11.6 million year-over-year. The company anticipates a GAAP net loss of $57 to $65 million for 2022, including estimated Amazon warrant charges of $34 to $44 million, while projecting Adjusted EBITDA between $60 to $65 million.
Clean Energy Fuels Corp (CLNE) announced its expansion in renewable natural gas (RNG) offerings through new contracts and infrastructure projects. Key developments include a renewed maintenance agreement with LA County Metro for six stations, expected to supply 137 million gallons of RNG for 1,417 buses. Other contracts involve RNG fueling for fleets from Estes Express Lines and various transit authorities across California and other states. The company is investing in RNG production, partnering with TotalEnergies and bp for dairy methane conversion projects, anticipated to yield millions of gallons annually.
Clean Energy Fuels Corp. (CLNE) announced it will release its financial results for Q1 2022 on May 5, 2022, after market close, followed by an investor conference call at 4:30 p.m. ET. CEO Andrew J. Littlefair and CFO Robert M. Vreeland will lead the call. Investors can join the live call by dialing 1.888.321.0431 (U.S.) or 1.412.902.4121 (international). A webcast of the call will also be available on the company’s website, with a replay option for 30 days. Clean Energy Fuels focuses on decarbonizing transportation through renewable natural gas.
Clean Energy Fuels Corp. (NASDAQ: CLNE) reported a 22.6% increase in fourth-quarter revenue for 2021, reaching $91.9 million compared to $75.0 million in Q4 2020. The company delivered 104.6 million gallons of fuel, a 9% increase year-over-year. Renewable natural gas (RNG) deliveries grew by 9%, totaling 44.9 million gallons. For the year, total revenue decreased by 12.4% to $255.6 million, impacted by Amazon warrant charges. The company anticipates a GAAP net loss of approximately $57 million for 2022, including estimated Amazon warrant charges of $44 million.
