Horizon Power signs an MoU with FutureEnergy Australia for renewable fuel

FutureEnergy Australia, an incorporated joint venture between WA based Carnarvon Energy and Frontier Impact Group, was formed to build and operate renewable fuel biorefineries in regional Western Australia.

As per the agreement, a clear path forward for the two organizations to explore opportunities for the development and production of renewable diesel in Western Australia.

Developing a local supply of zero emission renewable diesel has the potential to help reduce carbon emissions across a number of industries. The potential to also establish an industry in regional Western Australia will also create regional jobs and drive economic growth.