A global leader in advanced sustainable biofuels has officially launched Ireland’s first dedicated biofuel terminal at Ringaskiddy, Co. Cork, driving forward the nation’s sustainable energy agenda.
Operated by Irish subsidiary Green D Project Limited, the Green Biofuels Ltd. (GBF) facility will be used to import, export, store and distribute its flagship Hydrotreated Vegetable Oil (HVO) biofuel called Gd+ an advanced drop-in diesel replacement, with an up to 90% reduction in carbon dioxide equivalent (CO2e) emissions and significant local air quality benefits reducing tailpipe emissions by up to 85% compared to fossil diesel.
Purchased in 2022, GBF has significantly redeveloped the six-acre site reversing more than 10 years of neglect with an invested capital of approximately €30 million. The company will initially use 38 million litres of the terminal’s 54 million litre capacity thereby increasing Ireland’s total 2021 recorded HVO biofuel imports by 375% from 8 million litres. Part of the redevelopment involved repurposing five-cylinder storage tanks, extensive safety updates, engineering and concrete works, and the commissioning of a full-service 24/7 refuelling station.
Made from waste biomass feedstocks, waste vegetable oils and animal fats, HVO biofuel is already helping to reduce CO2e emissions across a wide range of industries, including construction, haulage and freight, shipping, and agriculture.