Oberon Fuels and Sunvapor Commission Solar Steam Project with First Purchase Agreement in the US [Yahoo! Finance]
Suburban Propane Partners, L.P. (SPH)
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Source: Yahoo! Finance
SAN DIEGO April 24, 2024 /PRNewswire/ -- Today, Oberon Fuels , a renewable fuels producer, and Sunvapor , a renewable heat provider, commissioned a solar steam project under the first purchase agreement in the U.S. for industrial solar steam. This agreement will eliminate upfront capital requirements to deploy solar steam, while enabling Oberon to as much as double output capacity and slash the carbon intensity of renewable fuels—critical for industrial customers seeking renewable fuels to achieve pressing net-zero commitments. "This project is a triple-win for Oberon," said Elliot Anise-Hicks, Oberon Fuels co-founder and chief technical officer. "Working with Sunvapor, we can further slash the carbon intensity of our fuels while doubling our throughput, all with no capital expenses. Innovative partnerships like this are essential to help us scale to meet the soaring appetite for low-carbon fuels like renewable propane and methanol across major industries." Under the partnership,
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SPH
Sec Filings
- 4/25/24 - Form 8-K
- 4/24/24 - Form 8-K
- 3/25/24 - Form ARS
- SPH's page on the SEC website