(NewsDirect)
Cielo Waste Solutions CEO Ryan Jacksonjoined Steve Darling from Proactive to discuss the company'sinnovative technology addressing wood waste-to-fuel, distinguishing itfrom biofuel production. Cielo focuses on wood waste streams, not foodsources like corn or soy.
Jacksonhighlighted the company's exclusive deal with Expander Energy forproject development, unveiling plans for six facilities in the nextfive years. Cielo strategically opts for multiple smaller facilitiesrather than one large one, driven by feedstock availability.
The technology's sweet spot, producing1500 to 2000 barrels per day, allows flexibility in facilityplacement, minimizing costs. The company primarily collaborates withthe railway industry, addressing the disposal challenge ofcreosote-treated railway ties.
Looking ahead to 2024, Jackson emphasized advancing projectsthrough engineering and design stages, aiming for groundbreaking on atleast two facilities.
Cielorecently announced a capital raise for specific projects,demonstrating their commitment to sustainable wood waste solutions.
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