In California, Aemetis Biogas started producing renewable natural gas from its tenth anaerobic digester built to process waste from a dairy in Stanislaus County, California. The newly constructed digesters for five additional dairies are in final stages of commissioning and construction, which is scheduled to expand the total Aemetis Biogas operations to twelve digesters processing waste from sixteen dairies. Combined, the digesters are designed to produce an estimated 550,000 MMBtu per year of RNG in year 2025, an 80% increase from the current production capacity of 300,000 MMBtu per year.
This month, Aemetis also expects to generate an estimated $11.5 million from the sale of investment tax credits from the construction of dairy digesters and other projects earlier this year. The new digester completed today and the additional digesters under construction are expected to generate additional investment tax credits under the Inflation Reduction Act currently estimated at approximately $10 million of additional proceeds from tax credits to be sold during Q1 2025.
Tags: Aemetis Biogas, biogas, California
Category: Fuels