The contract is conditional to the pre-delivery quality testing of the fuel by the end user and the completion of the funding process for the plant construction.

The company said that the technology uses an environmentally friendly process for turning brown trap grease from restaurant waste into a solid fuel, which can be used independently or co-fired with other fuels or biofuels.

The fuel can be utilized as a coal alternative in steam-powered electrical generating stations or for industrial heat over various applications in areas such as food processing and cement manufacturing.

Justin Converse, chairman and CEO of Converse and Co, said: “I am excited about the continued progress towards production, and we have several industrial and utility customers that are equally excited about a viable renewable solid fuel option to co-fire in their coal units.

“The customer requests for the material far exceed the projected production capacities of the Berkeley facility.”