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Showcasing our women in tank community, in collaboration with Tank Storage Magazine.

TotalEnergies partners with Vanguard Renewables for RNG

TotalEnergies, a global integrated energy company, and Vanguard Renewables, a US leader in farm-based organics-to-renewable natural gas production and a portfolio company of a fund managed by BlackRock’s Diversified Infrastructure business, have signed an agreement to create an equally owned joint venture to develop, build, and operate Farm Powered renewable natural gas (RNG) projects in the United States. The signing took place in New York on 12 April 2024 in the presence of Patrick Pouyanné, chairman and CEO of TotalEnergies and Larry Fink, chairman and CEO of BlackRock.

TotalEnergies and Vanguard Renewables will advance 10 RNG projects into construction over the next 12 months, with a total annual RNG capacity of 0.8 TWh (2.5 Bcf). The three initial projects in this agreement are currently under construction in Wisconsin and Virginia, each with a unit capacity of nearly 75 GWh (0.25 Bcf) of RNG per year.

The first 10 projects are based on a model of waste materials recovery from the food and beverage industries, supplemented with dairy manure from dairy farms. The anaerobic digesters will be built on the dairy farms themselves, which will then recover and manage the digestate (a byproduct of the anaerobic digestion process) as a low-carbon and nutrient dense fertilizer.

Read more here.

Source: www.tankstorage.com

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