In Wyoming, Raven SR, a renewable fuels company, said it has signed an agreement with Cap Clean Energy Corp., a clean energy development company headquartered in Calgary, Alberta, to co-develop biofuels facilities in Canada to produce sustainable aviation fuel and renewable diesel for the heavy duty transport sector. The agreement provides a roadmap for a co-development partnership for deploying Raven SR’s patented Steam/CO2 Reforming process in Cap Clean’s portfolio of biofuel facilities across Canada. This partnership will allow Cap Clean to produce renewable fuels from various biomass and bio-wastes feedstocks for the transportation sector using modular systems capable of rapid production scale-up. “This MoU with Cap Clean Energy provides a pathway to explore development opportunities in Canada, and in addition to expanding our SAF production footprint, will lay the groundwork for our first renewable diesel project,” said Matt Murdock, CEO of Raven SR. “Our agreement with Cap Clean will enable the production of SAF and RD with zero to negative carbon intensities in strategic North American markets utilizing local waste feedstocks that do not compete with food production.”
More on the story.
