MASSIVE RNS - RINs verified15 Mar 2018 07:09
INVIA biorefinery - RINs verified
Velocys plc (VLS.L), the renewable fuels company, is pleased to announce that the RINs (Renewable Identification Numbers) produced at ENVIA Energy's Oklahoma City plant have been verified by Weaver, an independent third party auditor, under the Quality Assurance Program (QAP) approved by the US Environmental Protection Agency. Subject to the plant running within the required efficiency range it is expected to continue to produce verified RINs (Q-RINs).
Highlights:
-- RINs produced at ENVIA to date now have Q-RIN status.
-- Six month RIN purchase and sale agreement signed covering all available Q-RINs produced.
-- ENVIA expected to generate around 100,000 D7 RINs per month under the approved pathway.