Climate-friendly diesel producer Cielo Waste Solutions has signed a memorandum of understanding with Renewable U Lethbridge to build a renewable diesel refinery in Alberta, Canada. The joint venture, which saw Lethbridge pay its fellow company a fee of $250,000, will be the fifth location to utilise Cielo's technology, which is capable of converting three tonnes of rubbish into high-grade renewable fuel in an hour. In addition to being able to produce biodiesel from waste materials, the plant can also convert other organic materials such as wood and paper into fuel.
Climate-friendly diesel producer Cielo Waste Solutions has signed a memorandum of understanding with Renewable U Lethbridge to build a renewable diesel refinery in Alberta, Canada. The joint venture, which saw Lethbridge pay its fellow company a fee of $250,000, will be the fifth location to utilise Cielo's technology, which is capable of converting three tonnes of rubbish into high-grade renewable fuel in an hour. The deal will see the purchase of 100 km of land to construct the site, while Renewable U Lethbridge will also separately finance Cielo's refineries in Grand Prairie, Medicine Hat and Brooks.