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OPAL Stock - OPAL Fuels Inc.


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OPAL Fuels Inc. operates as a leader in the renewable energy sector, specializing in the production and distribution of renewable natural gas (RNG) designed primarily for use in heavy and medium-duty trucking fleets. The company’s core offerings include RNG, which serves as a sustainable alternative to diesel fuel, helping to reduce carbon emissions and enhance the environmental performance of transportation fleets.

In addition to its RNG production, OPAL Fuels is deeply involved in the infrastructure required to support the transition to cleaner transportation fuels. The company designs, develops, constructs, and operates a network of natural gas fueling stations tailored for trucking fleets. These stations are equipped to facilitate the refueling of vehicles running on natural gas, thus promoting the broader adoption of this cleaner fuel alternative. The company also provides comprehensive services for the design, development, and construction of hydrogen fueling stations, addressing the growing demand for hydrogen as a clean energy source in the transportation sector.

OPAL Fuels further diversifies its operations by generating and selling renewable power, contributing to the broader renewable energy ecosystem. This involves managing biogas projects that convert organic waste into energy. As of May 1, 2022, OPAL Fuels operated 24 biogas projects, underscoring its commitment to sustainable energy production and the circular economy. These projects not only produce renewable power but also help in managing waste and reducing greenhouse gas emissions.

Founded in 1998 and headquartered in White Plains, New York, OPAL Fuels Inc. has established itself as a significant player in the renewable energy and clean transportation sectors. The company's focus on integrating renewable natural gas and hydrogen infrastructure, alongside its renewable power generation activities, reflects its strategic vision to drive the transition to a more sustainable energy future. Through its innovative solutions and commitment to environmental stewardship, OPAL Fuels aims to enhance the sustainability of transportation and energy systems across the U.S. and beyond.

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