HyOrc, a U.S.-based developer of modular green fuel technologies, has signed a definitive joint venture (JV) agreement with Start, a Portugal-based waste infrastructure and fuels company, to co-develop and operate a network of green methanol plants in Portugal using HyOrc’s proprietary RDF-to-methanol technology.
As informed, the JV will deploy an initial 35 tons per day (TPD) launch unit in Porto, producing 8 TPD of methanol, before scaling to five full-scale sites, each processing 300 TPD of municipal waste in the form of refuse-derived fuel (RDF) to produce 80 TPD of green methanol. Over a 10-year period, the full platform of five sites is projected to exceed $3.25 billion in total revenues, according to HyOrc.
