Emvolon, an MIT spin-off that converts greenhouse gas emissions into carbon-negative fuels and chemicals, and Montauk Renewables (MNTK) announced a joint venture to develop multiple biogas-to-green methanol projects. Following a successful field demonstration project, Emvolon and Montauk plan to deploy a portfolio of biogas-based sites with an aggregate annual production capacity of up to 50,000 metric tons of green methanol by 2030 and beginning with the Atascocita Humble Renewable Energy facility in Humble, Texas.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off