Canadian renewable fuel company Woodland Biofuels has announced a $1.35 billion investment to build a renewable natural gas (RNG) plant and an ultra-green hydrogen facility at the Port of South Louisiana. The company specializes in converting waste biomass into sustainable biofuel.
The new facility will be situated at the Globalplex facility within the Port of South Louisiana. The first phase of commercial operations is expected to begin in 2028.
In the first phase of the Woodland project, approximately 210,000 tonnes of carbon dioxide could be eliminated annually, while the second phase could remove nearly 660,000 tonnes, with the carbon stored underground.
To further support the initiative, Louisiana Economic Development plans to provide a package of incentives worth $250 million to Woodland Biofuels. This package will include performance-based grants and comprehensive workforce development solutions.
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