AgLand Renewables Receives Tax Credit for California RNG Investments

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AgLand Renewables, the California subsidiary of CleanBay Renewables, will receive a tax credit of $ 1.7 million.

AgLand was selected by the Governor’s Office of Business and Economic Development (GO-Biz) to receive the significant tax credit from the California Competes Tax Credit (CCTC) program. With this assistance, the company can begin developing several California bio-conversion plants that will directly support the state’s economic and environmental goals.

AgLand will build at least two facilities in California’s Central Valley, home to the state’s vast poultry production industry, over the next five years. The facilities will use anaerobic digestion and fertilization technology to convert poultry litter to RNG and controlled release organic fertilizers.

“These state-of-the-art facilities will help develop California’s leadership in green agriculture, add healthy soils, recycle vital nutrients from agriculture and invest hundreds of millions in hard-hit agricultural communities,” said Karen Ross, secretary of the California Department for food and agriculture.

By converting more than 150,000 tons of chicken litter annually, each facility can produce more than 750,000 MMBtus RNG, 100,000 tons of organic fertilizer and an estimated 500,000 tons of CO. produce2e reduction in emissions that will be available in carbon markets.

Dee Dee Myers, Senior Advisor to the Governor and Director of GO-Biz, commented, “Attracting a company like AgLand Renewables to California is exactly why the CalCompetes program was launched.

“Not only will AgLand create well-paying jobs and economic opportunity across the Central Valley, but its solution will help us meet California’s greenhouse gas (GHG) reduction goals while supporting the governor’s initiative for healthy soils. “

More than half a million poultry waste is produced annually in the Central Valley, which, if not controlled, can release significant greenhouse gases and other emissions that affect local air, soil and water quality, said Thomas Spangler, executive chairman of CleanBay Renewables .

“Our sustainable management of poultry waste provides an immediate opportunity to add economic value to the Central Valley’s agribusiness while helping the state meet its low-carbon fuel standards and emissions reduction goals,” he said.

The proposed locations in Kings and Merced Counties were identified with the assistance of the GO-Biz team. Both systems should be fully operational by 2024.



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