| Independent Power and Renewable Electricity Producers Industry | Utilities Sector | Lisa Giovannielli CEO | OTC PINK Exchange | 09074B107 CUSIP |
| US Country | 34 Employees | - Last Dividend | - Last Split | 28 Oct 2015 IPO Date |
Renovare Environmental, Inc. specializes in delivering comprehensive environmental management solutions across the globe. With its focus on innovation, the company offers an array of technologies aimed at addressing waste management challenges. These technologies support the on-site processing of food waste, conversion of municipal solid waste into renewable energy, and provision of data analytics tools for minimizing food waste. Originally known as BioHiTech Global, Inc., the company rebranded to Renovare Environmental, Inc. in December 2021, signaling a renewed commitment to environmental sustainability. With its headquarters in Chestnut Ridge, New York, Renovare Environmental plays a crucial role in supporting sectors such as retail, healthcare, government, hospitality, education, and food service, alongside catering to food distributors, convention centers, hotels, restaurants, stadiums, municipalities, and academic institutions worldwide.
This cutting-edge aerobic digestion technology is designed for the efficient disposal of food waste right at the source. By transforming food waste into wastewater onsite, it significantly reduces the need for traditional waste management methods, such as landfilling or incineration, thus lowering environmental impact and cost for businesses.
Renovare Environmental, Inc.'s MBT technology presents a scalable solution for managing municipal and enterprise level waste. This patented processing facility excels in converting municipal solid waste into renewable fuel, offering a sustainable alternative to fossil fuels. It integrates mechanical separation to recover recyclables and a biological treatment to stabilize the organic fraction, rendering it suitable for energy production.
To facilitate the reduction of food waste generation, the company provides advanced data analytics tools. These tools offer actionable insights for businesses to understand their waste generation patterns better, enabling them to implement more effective waste reduction strategies. This technology not only aids in achieving sustainability goals but also contributes to significant cost savings.