HomeNewsAlberta government announces CAD$4.7 Mn for biofuel facility

Alberta government announces CAD$4.7 Mn for biofuel facility

The government of Alberta has announced that they will be funding a new biofuel facility with CAD$4.7 million. The facility in Lethbridge County will turn inedible animal fats, agricultural waste, and used cooking oil into glycerin and biodiesel fuel. The CAD$28.6-million Canary Biofuels facility will be the first of its kind in the country producing an estimated 70 million liters of renewable fuel. Officials expect the facility will generate about CAD$500 million in revenue, buying more than CAD$375 million of local feedstock from farmers over the next five years, all while supporting up to 130 local jobs in fields like engineering, transportation, and construction.

Also Read: Construction of 900MW Cascade Power Project in Alberta, Canada begins

Search for construction leads
  • Region/Country

  • Sector

The Lethbridge biofuel facility will also cut about 224,000 tonnes of emissions annually, the same as reducing carbon emissions from the electricity used by 41,000 households. The facility’s biodiesel will have up to 33% of the carbon intensity of petroleum diesel. The renewable fuel produced at the facility, which is being funded under the Technology Innovation and Emissions Reduction (TIER) fund, has also been pre-sold to a leading national supplier of biodiesel whose customers include fuel wholesalers, retailers, distributors, and fleet managers across Canada and the United States.

“Canary Biofuels is Alberta first Generation 2 biofuel producer with its flagship facility in Lethbridge. We are excited to lead the path in this city in abating emissions through sustainable waste-based biodiesel production that supports the agricultural and energy industries in the Prairies and Alberta. Our country would like to thank all its partners and investors, including the Government of Alberta, for their tremendous support. Canary is proud to support Alberta in creating new jobs and helping Alberta industry on its journey to net zero,” said George Wadsworth, CEO of Canary Biofuels.

If you have a remark or more information on this post please share with us in the comments section below

LEAVE A REPLY

Please enter your comment!
Please enter your name here