Montauk signs agreement with Duke Energy, releases Q2 results
Montauk Renewables Inc. on Aug. 9 announced it has signed a renewable energy credits (REC) agreement with Duke Energy for a proposed waste-to-energ...
Montauk Renewables Inc. on Aug. 9 announced it has signed a renewable energy credits (REC) agreement with Duke Energy for a proposed waste-to-energy facility in North Carolina. The following day the company provided an update on various projects during a second quarter earnings call. The proposed Turkey Creek facility in Sampson County, North Carolina, will expand Duke's renewable energy efforts in the state. The project will convert swine waste into renewable electricity, renewable natural gas (RNG) and other renewable commodities, such as biochar fertilizer.