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CARBONLOOP and HAFFNER ENERGY Announce Their First Order for the Production of Renewable Gas Supporting the Acceleration of Industry Decarbonization

Regulatory News:

CARBONLOOP and HAFFNER ENERGY (Paris:ALHAF) today announce the signing of a purchase order for the supply, installation and commissioning by HAFFNER ENERGY of a SYNOCA unit. This equipment is designed to produce renewable gas by thermolysis of biomass, for a CARBONLOOP customer site located in the Yvelines (France). This project, developed, financed and operated by CARBONLOOP, will enable the local production of "carbon negative" energy. This first project is in line with the strategy of both partners to decarbonize industry and heavy mobility.

This is the first order signed within the framework of the Commercial Agreement signed in October 2021 between the two companies. The equipment ordered includes a "Thermolyzer" Skid and a "Reformer" Skid, the two skids together constituting a SYNOCA module. This module will produce Hypergaz (renewable gas) up to 500 kW PCI, from biomass coming from woody co-products from agricultural and forestry operations collected locally. This process will also allow the production of approximately 400 tons of biochar per year, which will be marketed for soil improvement and compost enrichment. The entire system will contribute to sequestering approximately 1,000 tons of CO2 equivalent per year, certified by carbon credits. The renewable gas will be converted into renewable electricity and heat, which will ensure the self-consumption of the site, an innovative regenerative agriculture pole being built in the Yvelines (France). This first project for CARBONLOOP, which is expected to be commissioned in mid-2023, will also be a laboratory for testing inputs and biochar in order to be able to use agricultural and forestry residues that are not used locally in a circular economy and short supply chain.

In the current context of soaring energy prices, this project allows the production of renewable gas at a competitive cost as a substitute for natural gas, and fully meets the market's expectations regarding the European Union's energy independence (REPowerEU) and reduction of its carbon footprint. This evolution accelerates the decarbonization offer of both companies around renewable gas and expands with SYNOCA the development potential of HAFFNER ENERGY beyond the hydrogen production driven by the HYNOCA technology.

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CARBONLOOP and HAFFNER ENERGY Announce Their First Order for the Production of Renewable Gas Supporting the Acceleration of Industry Decarbonization Regulatory News: CARBONLOOP and HAFFNER ENERGY (Paris:ALHAF) today announce the signing of a purchase order for the supply, installation and commissioning by HAFFNER ENERGY of a SYNOCA unit. This equipment is designed to produce renewable gas by …

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