Uploaded October 2024 | Updated September 2026, 4 days ago
Clean Energy Fuels (NASDAQ: CLNE) and Tourmaline Oil have opened two new compressed natural gas (CNG) fueling stations in Alberta, advancing their plan to build Western Canada's first commercial CNG fueling network. The new stations create a key transportation route for trucking companies transitioning from diesel to CNG, reducing emissions of CO2 and other pollutants.
Under the $70 million agreement, the companies plan to build up to 20 CNG stations in five years. Their customer base now includes nine major companies that have already displaced two million liters of diesel. The network could eventually fuel up to 3,000 natural gas-powered trucks daily, and eventually be able to support renewable natural gas (RNG) when available.
Andrew Littlefair, President and CEO of Clean Energy Fuels stated: "The adoption of CNG has continued to accelerate over the last year, as more companies recognize the benefits of displacing diesel with a reliable fuel that is easy to use and extremely cost competitive for fleets."
Clean Energy Fuels is North America's largest provider of the cleanest fuel for the transportation market, reducing emissions through the development and delivery of renewable natural gas.
Shares of Clean Energy Fuels trade on the NASDAQ under the ticker symbol CLNE. For more information, or to sign up for our free daily newsletter, visit greenstocknews.com
Source: greenstocknews.com/newswire/clean-energy-fuels-clne-advances-commercial-grade-natural-gas-fueling-corridor-in-canada
#cleanenergy #alternativeenergy #altenergy #RNG #CNG #naturalgas #compressednaturalgas #sustainabletransport #sustainablefuture #energynews #cleanenergyfuels #cleanfuels #CLNE
Clean Energy Fuels (NASDAQ: CLNE) and Tourmaline Oil have opened two new compressed natural gas (CNG) fueling stations in Alberta, advancing their plan to build Western Canada's first commercial CNG fueling network. The new stations create a key transportation route for trucking companies transitioning from diesel to CNG, reducing emissions of CO2 and other pollutants.
Under the $70 million agreement, the companies plan to build up to 20 CNG stations in five years. Their customer base now includes nine major companies that have already displaced two million liters of diesel. The network could eventually fuel up to 3,000 natural gas-powered trucks daily, and eventually be able to support renewable natural gas (RNG) when available.
Andrew Littlefair, President and CEO of Clean Energy Fuels stated: "The adoption of CNG has continued to accelerate over the last year, as more companies recognize the benefits of displacing diesel with a reliable fuel that is easy to use and extremely cost competitive for fleets."
Clean Energy Fuels is North America's largest provider of the cleanest fuel for the transportation market, reducing emissions through the development and delivery of renewable natural gas.
Shares of Clean Energy Fuels trade on the NASDAQ under the ticker symbol CLNE. For more information, or to sign up for our free daily newsletter, visit greenstocknews.com
Source: greenstocknews.com/newswire/clean-energy-fuels-clne-advances-commercial-grade-natural-gas-fueling-corridor-in-canada
#cleanenergy #alternativeenergy #altenergy #RNG #CNG #naturalgas #compressednaturalgas #sustainabletransport #sustainablefuture #energynews #cleanenergyfuels #cleanfuels #CLNE
