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Yosemite Clean Energy Receives $5M Grant to Advance Ultra-Low Carbon Fuels for Sustainable Future
Yosemite Clean Energy is proud to announce that it has been awarded a $5M grant from the California Energy Commission (CEC). The funding will support the development of YCE's cutting-edge hydrogen production plant in Oroville, California. Only two CEC grants were awarded, placing Yosemite at the top of a competitive field.
12 July 2023
Yosemite Clean Energy Signs CO2 Management Agreement with Carbon TerraVault
Yosemite Clean Energy (Yosemite) has signed a Carbon Dioxide Management Agreement with Carbon TerraVault, a subsidiary of California Resources Corporation. Yosemite will work with CRC to sequester at least 40,000 MTPA of CO2 from its Oroville hydrogen plant. The team at CRC has been phenomenal to work with, and Yosemite looks forward to their ongoing relationship.
1 May 2023
Gunvor Partners with Yosemite Clean Energy on Green Hydrogen
We are excited to announce our partnership with Gunvor Group Ltd, through the signing of an offtake Letter of Intent.
Gunvor Group is one of the world’s largest independent commodities trading houses by turnover, creating logistics solutions that safely and efficiently move physical energy and bulk materials from where they are sourced and stored to where they are demanded most.
2 March 2023
Yosemite Clean Energy to receive $1 million from the state of California for forest biomass to hydrogen projects
Yosemite’s applications were scored #1 and #2 out of the 8 projects selected to receive funding, as Yosemite has been a leader in hydrogen biofuel development.
The first grant will support Yosemite’s flagship project in Oroville, CA, and will help bring Yosemite to a final investment decision; the plant will produce 24 tons of renewable hydrogen per day. The second grant will support preliminary engineering for Yosemite’s Tuolumne County hydrogen project.
10 January 2023
Yosemite Clean Energy has secured its first plant site for commercial-scale production
Each Yosemite Clean Energy biofuels plant will be locally owned by farmers and forest landowners, who in return will provide wood waste, gathered at the end of the orchard's lifecycle or through sustainable forest management.
Vice-President for Business Development Robert Jackson said, "This is new. This type of ownership in biofuels facilities like ours is the democratization of clean energy. We're providing an all-new mineral right from a waste stream and converting it to a revenue stream for farmers and forest communities."
28 October 2021
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