GIDARA Energy Announces Major Milestone: Environmental Permit for Advanced Methanol Facility in Amsterdam, The Netherlands

SCHIPHOL, Netherlands -- GIDARA Energy is pleased to announce that it has secured a key environmental permit for its Advanced Methanol Amsterdam (AMA) facility, which is a major step forward in the company's mission of decarbonizing the industry. The environmental permit, granted by the province of Noord-Holland, allows GIDARA Energy to build its advanced methanol facility which will convert local waste into advanced methanol.

The renewable methanol facility, located in the Port of Amsterdam, will use GIDARA Energy's patented HTW® gasification technology to convert waste into bio methanol, a versatile fuel that can be used in road transport, in the maritime sector, and for producing sustainable aviation fuels. Obtaining this permit is a major milestone in the development of the facility, enabling the production of renewable fuels and, in the future, high quality circular chemicals.

The process of obtaining the permit included a detailed review of the project, including a thorough assessment of its potential environmental impacts, a public consultation process, and a full review of its proposed design and construction plans to ensure the facility meets all applicable environmental standards. GIDARA Energy has worked closely with the local authorities and scientific experts to ensure that the facility will have minimal environmental impact and be safe for the community, while meeting the growing global demand for advanced methanol and renewable energy.

GIDARA Energy's Founder, Wim van der Zande, and CEO Dr. Norbert Kamp expressed enthusiasm for the permit, stating, "We are thrilled to have earned this permit and are eager to get to work building our advanced methanol facility. This facility is a major step forward in our mission to reduce global carbon emissions and create a more circular economy. We thank the permitting authorities for their diligent and thorough review and look forward to continuing to work with them as we move ahead with the construction of our facility."

Advanced Methanol Amsterdam (AMA) is set to be built at BioPark, the primary development site for producers of renewable fuels in the Port of Amsterdam. The facility will convert approximately 360,000 tons of waste into 90,000 tons of renewable methanol every year.

Roon van Maanen, Head of Energy & Circular Industry at the Port of Amsterdam, said, ''Congratulations to GIDARA Energy on this important step in the realization of their sustainable methanol plant. The Port of Amsterdam facilitates companies that promote circular activities and the energy transition. GIDARA's plant, which transforms waste into methanol, is a stellar example that will fit seamlessly into our port's sustainability goals. We look forward to the moment they break ground."