Panda to invest €10m in greener fleet to cut carbon emissions
Plan to have 45 new vehicles running on compressed natural gas within three years
Two natural gas fuelling stations will be publicly accessible. Photograph: iStock
Waste company Panda is to invest €10 million in a fleet of greener vehicles fuelled by compressed natural gas as the company seeks to cut its carbon emissions.
The plan will see Beauparc-owned Panda commission 45 natural gas vehicles over the next three years, with Gas Networks Ireland coming on board to construct two new fillings stations in Dublin. The stations, which will be operational next year, will be operated by Panda Power and publicly accessible to both private and commercial vehicle owners.
“Sustainability is at the heart of our business and this is a significant step for our company that will keep us at the forefront of industrial environmental excellence,” said Brian Bolger, group fleet director at Panda. “The partnership with Gas Networks Ireland is transformative in allowing us to realise our ambitions in delivering this green fleet.”
CNG is natural gas compressed for use in a natural gas vehicle’s tank. It is considered particularly suitable for use in commercial vehicles, and can reduce carbon emissions by over a fifth compared to traditional fuels, while also reducing other harmful emissions significantly.
“Ireland’s transport emissions continue to rise, while this is the byproduct of much welcomed economic and employment growth, as a country we face significant challenges to meet our emission reduction targets,” said Ian O’Flynn, head of commercial and corporate affairs at Gas Networks Ireland. “Gas Networks Ireland is leading the development of this new, cleaner transport network, to support Ireland in reducing its carbon emissions and to give Ireland’s fleet operators sustainable energy options.”
The gas-powered fleet is another step in Panda’s efforts to cut its emissions; the company has also invested €1 million in five fully electric material handlers in place of diesel-powered machines in its recycling processing plants over the past 18 months.