The startup operates a biofuel facility that produces second-generation biodiesel from agricultural waste feedstock, utilizing transesterification processes to convert waste into sustainable fuel. This approach provides businesses with a renewable energy source that significantly lowers carbon emissions compared to traditional fossil fuels.
Funding
$18.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The transportation sector's reliance on fossil fuels contributes significantly to greenhouse gas emissions, necessitating a shift towards sustainable and renewable energy sources. Traditional waste disposal methods also lead to environmental problems, as agricultural and industrial byproducts often end up in landfills.
Solution
Canary Biofuels addresses these challenges by converting agricultural waste, inedible animal fats, and used cooking oil into second-generation biodiesel and related co-products like glycerin. Through transesterification processes at its facilities, Canary Biofuels produces sustainable biofuels that offer a significant reduction in lifecycle greenhouse gas emissions compared to conventional diesel. The company's operations provide a means of decarbonization for businesses and contribute to a circular economy by repurposing waste streams into valuable resources. Canary Biofuels also offers biofuel terminal services, including receiving renewable diesel and biodiesel by rail and truck, blending onsite, and loading onto trucks for retail delivery.
Target Audience
Canary Biofuels serves businesses seeking to reduce their carbon footprint and comply with environmental regulations, as well as the agriculture industry looking for opportunities in biofuel production.
Features
- Production of BQ-9000 certified biodiesel from waste feedstock
- Conversion of agricultural waste, inedible animal fats, and used cooking oil into biofuel and glycerin
- Biofuel terminal services for receiving, blending, and delivering renewable diesel and biodiesel
- Oilseed processing capabilities with a capacity to crush 60K tons of seed annually
- Production capacity of 20M gallons of distilled biodiesel and 9M pounds of glycerin per year at the Lethbridge facility
- Production capacity of 10M gallons of non-distilled biodiesel and 18M pounds of crude glycerin per year at the Stockton facility
- Reduction of greenhouse gas emissions by converting waste into biofuel