Aemetis Awarded $14 Million in Energy Efficiency Grants for Keyes Advanced Biofuel Plant
Aemetis, Inc (AMTX)
Last aemetis, inc earnings: 11/8 04:01 pm
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Source: GlobeNewswire
Planned Upgrades Expected to Reduce Natural Gas Use, Lower Carbon Intensity of Biofuel, and Decrease Operating Costs by $13 Million Per Year CUPERTINO, CA, Jan. 28, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Aemetis, Inc. (NASDAQ: AMTX) (“Aemetis”) announced today that its subsidiary Aemetis Advanced Fuels Keyes, Inc. has received from the California Energy Commission two grants for a combined total of $14 million to implement upgrades that would reduce natural gas use, lower greenhouse gas emissions, decrease operating costs, and reduce the carbon intensity (“CI”) of fuel grade ethanol produced at the Keyes plant. The cost reduction and revenues increase associated with the upgrades are expected to improve the operating cash flow of the Keyes plant by $13 million each year. Aemetis plans to install a 1.56-megawatt photovoltaic micro grid solar array with integrated battery energy storage and an AI-driven power distribution control system, which is expected to significa
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AMTX
Earnings
- 11/12/24 - Beat
AMTX
Sec Filings
- 11/12/24 - Form 10-Q
- 11/12/24 - Form 8-K
- 11/8/24 - Form SC
- AMTX's page on the SEC website