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PCG PG&E Corporation

21.235
0.005 (0.02%)
Last Updated: 16:09:29
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Share Name Share Symbol Market Type
PG&E Corporation NYSE:PCG NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.005 0.02% 21.235 21.42 21.20 21.33 2,426,919 16:09:29

Divert, Inc. and PG&E Announce First-of-its-Kind Interconnection in California to Address the Wasted Food Crisis

21/11/2024 4:30pm

Business Wire


PG&E (NYSE:PCG)
Intraday Stock Chart


Friday 22 November 2024

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Clean energy milestone brings the state closer to achieving its climate and net-zero carbon pollution goals

Divert, Inc., an impact technology company on a mission to Protect the Value of Food™, and Pacific Gas and Electric Company (PG&E) today announced a first-of-its-kind interconnection in the state of California to address the wasted food crisis. Divert’s facility in Turlock, California is now processing unsold food products into carbon-negative renewable energy, which is being injected into PG&E’s natural gas transmission line.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241121369393/en/

Divert’s facility in Turlock, California is now processing unsold food products into carbon-negative renewable energy, which is being injected into PG&E’s natural gas transmission line. (Photo: Business Wire)

“This is a remarkable clean energy milestone that reflects the hard work, dedication, and world-class talent of every individual who has contributed to bringing this project to life,” said Ryan Begin, CEO and Co-founder, Divert. “Together with PG&E, we are providing carbon-negative renewable energy to Californians, bringing the state one step closer to achieving its climate and clean energy goals. The Turlock facility represents a significant step forward in addressing the dual environmental and social crises of wasted food, and underscores Divert’s leadership in scaling sustainable infrastructure solutions for the energy sector.”

The Turlock Integrated Diversion & Energy Facility will be able to process 100,000 tons of unsold food products a year. Nearly 225,000 MMBtu of Renewable Natural Gas (RNG) will be delivered into PG&E's system. Divert’s facility will also mitigate approximately 23,000 metric tons of CO2 emissions annually, equivalent to removing approximately 5,000 gas-powered cars from the road.

More than 63 million tons of food are wasted in the U.S. each year, a crisis that contributes significantly to greenhouse gas (GHG) emissions—nearly 14%. California alone discards six million tons of food annually. The Turlock facility delivers on Divert’s commitment to further address the wasted food crisis in California, providing businesses with data analytics and insights to waste less and donate more food. Leveraging its proprietary anaerobic digestion solution, Divert is then taking unsold food that would otherwise be emitting harmful methane in a landfill and transforming it into a beneficial and carbon-negative byproduct. In doing so, Divert is bringing California closer to reaching its net-zero carbon pollution goals.

“Today marks another exciting first for PG&E and our customers and highlights our commitment to supporting the advancement of diverse renewable natural gas resources produced locally in California,” said Austin Hastings, Vice President, PG&E Gas Engineering. “By accepting renewable natural gas made from unsold food products into our pipeline system, we’re contributing to a more sustainable California and advancing toward our goal of a net-zero energy system by 2040. It’s a win for our customers, our state, and our climate goals.”

Divert’s facility in Turlock is slated to be fully operational in Q4 2024. To request an invitation to the company’s grand opening event on December 4, please click here.

About Divert, Inc. Divert, Inc. is an impact technology company on a mission to Protect the Value of Food™. Founded in 2007, the company creates advanced technologies and sustainable infrastructure to address wasted food, driving social and environmental impact. Divert provides an end-to-end solution that leverages data to prevent waste, facilitates edible food recovery to serve communities in need, and converts unsold food products into renewable energy. Through this integrated approach to reducing wasted food - Prevent, Provide, Power™ - the company works with over 7,200 customer locations across the U.S. to reduce wasted food and positively impact people and the environment. Its customer base spans across industries and includes five Fortune 100 companies. For more information on Divert, Inc., please visit www.divertinc.com and follow the company on LinkedIn, X, Threads, Instagram, Facebook, and YouTube.

About PG&E Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news.

PG&E Media Melissa Subbotin Marketing & Communications (415) 301-1229 mvsn@pge.com Divert Media Caroline Legg Director of Public Relations (203) 313-4228 clegg@divertinc.com

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