19 Jun 2023
Ireland’s first dedicated biofuel terminal opens in Cork with sights set on 85% emissions reduction
A world leader in sustainable biofuels has officially launched Ireland’s first dedicated biofuel terminal, highlighting further sustainable development in Cork.
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+. The fuel delivers up to a 90% reduction in carbon dioxide equivalent (CO2e) emissions and significant local air quality benefits, with reduced tailpipe emissions up to 85%.
More than €30 Million has been invested in the six acre site, with GBF planning to store 38 million litres of a 54 million capacity. The significant development project included upgrade works to storage tanks, safety updates and concrete works.
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.
Cork is taking a lead in sustainable economic development by harnessing its enormous renewable energy potential – Learn more about investing in Cork here –