Praj Industries, Aemetis partner on low-carbon ethanol solution

Praj Industries announced on October 7, 2025, that it is supplying an advanced low-carbon solution and equipment to Aemetis Inc.'s 65 million gallon-per-year ethanol plant in Keyes, California. This $30 million energy efficiency upgrade includes a Mechanical Vapor Recompression (MVR) system, with project completion expected by Q2 2026.

Upon operation, the solution is projected to reduce natural gas usage by approximately 80%, generate an estimated $32 million in incremental annual cash flow from energy savings, and deliver a double-digit reduction in the plant's fuel ethanol carbon intensity. The project has received approximately $19.7 million in grants and tax credits.

This initiative is set to increase LCFS credits and expand eligibility for transferable Section 45Z production tax credits, marking a significant step in Aemetis' decarbonization strategy and contributing to the U.S. energy transition.