AgLand Renewables receives tax credit for RNG facilities in California

AgLand Renewables, the California subsidiary of CleanBay Renewables, will receive a tax credit of $ 1.7 million (€ 1.42 million).

AgLand has been selected by the Governor’s Office for Business and Economic Development (GO-Biz) to receive the major California Competes Tax Credit (CCTC) tax credit. With this support, the company can begin development of several California bioconversion facilities that will directly support the state’s economic and environmental goals.

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

“These state-of-the-art facilities will help increase California’s leadership in climate-smart agriculture, develop healthy soils, recycle important nutrients in agriculture, and invest hundreds of millions in hard-hit farming communities, ”said Karen Ross, Secretary of the California Department of Food and Agriculture.

By converting over 150,000 tonnes of chicken litter per year, each facility can generate over 750,000 MMBtus of RNG, 100,000 tonnes of organic fertilizer and around 500,000 tonnes of CO.2e emission reduction that will be available for purchase on the carbon markets.

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

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

Over half a million poultry litter is produced each year in the Central Valley, which, if left unchecked, can release significant GHG emissions and other emissions that affect air quality , soil and water, said Thomas Spangler, executive chairman of CleanBay Renewables.

“Our sustainable use of poultry litter offers an immediate opportunity to improve the economic value of the Central Valley agricultural industry while helping the state meet its low carbon fuel standards and reduction targets. emissions, ”he said.

The locations of the proposed sites in Kings and Merced counties have been identified with the support of the GO-Biz team. Both facilities are expected to be fully operational by 2024.

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