(ATOBA Energy/Haffner Energy) Haffner Energy, a leading solid biomass-to-clean fuels solutions provider, and ATOBA Energy, a SAF aggregator committed to unlocking the Sustainable Aviation Fuel (SAF) value chain by solving the financial dilemma between producers and final offtakers, are joining forces
Financing
Back TO HOMEWhat Is Biofuel Financing? Why Should You Read about It?
by Sanjana Negi (News Bytes) As the (Indian) government aims to reduce dependency on crude oil imports and promote cleaner energy, biofuels have emerged as a promising alternative. This article delves into the dynamics of financing biofuel projects, shedding light on government initiatives,
February 19, 2025 Read Full Article
Iowa Gas Stations Face 2026 Deadline to Offer E15
byTom Barton (The Gazette) So far, the state has spent $53.5M and private investors spent $260M -- Iowa gas stations face a looming deadline and substantial costs to install, replace or upgrade fuel storage tanks and dispensers needed to provide ethanol blends
February 17, 2025 Read Full Article
ICAO Presses Ahead with Decarbonization Funding Platform
by Alan Dron (Aviation Week) The International Civil Aviation Organization (ICAO) is proceeding with creation of a new platform designed to connect aviation sustainability projects with investors. Secretary-general Juan Carlos Salazar signed a letter of intent to set up the ICAO Finvest
February 14, 2025 Read Full Article
The Digest’s 2025 Multi-Slide Guide to the BDO Zones
by Jim Lane (Biofuels Digest) The presentation deck describes a program called BDO Zone Ratings, which is a standardized assessment for evaluating regions’ readiness for bio-based manufacturing. These ratings help attract investment in bio-based projects by highlighting areas with the best
February 14, 2025 Read Full Article
StormFisher Hydrogen Secures US$50 Million Commitment from Hy24 to Deliver Pipeline of Clean Fuel Production Projects in North America
(StormFisher Hydrogen) StormFisher Hydrogen, a leading developer and producer of clean fuels, announces today it has secured a US$50 million commitment from Hy24’s Clean Hydrogen Infrastructure Fund, the world’s leading low-carbon hydrogen asset manager. This strategic partnership will accelerate StormFisher Hydrogen’s
February 13, 2025 Read Full Article
Carbon Recycling Firm LanzaTech Is Spinning out Synthetic Biology Tech
by Heather Clancy (Trellis) LanzaTech, which went public last year, is still not profitable. -- LanzaTech, which turns waste carbon from industrial processes into fuels, materials and proteins, is planning a joint venture to commercialize a process that uses microbes to turn
February 13, 2025 Read Full Article
Castlerock Biofuels to Develop Renewable Fuel Oil Facility in Maine
(Castlerock Biofuels/Biomass Magazine) Castlerock Biofuels LLC, operating locally through its subsidiary EME Biofuels, LLC, has announced the selection of Millinocket, Maine, as the site for its new sustainable biocrude production facility, leveraging the advanced thermal processing (RTP) technology developed by Ensyn
February 13, 2025 Read Full Article
Signature of a Term Sheet to Combine Two Technologies and Bring SAF Production to the Next Level
(Global Bioenergies) Global Bioenergies has signed a term sheet with a large international industrialist (undisclosed) to co-develop a process leading to Sustainable Aviation Fuels (“SAF”) at a reduced cost and an improved CO2 reduction. This process will rely on the combination of
February 11, 2025 Read Full Article
Webinar: The State of Renewable Chemicals & Materials
by Jim Lane (Biofuels Digest) This presentation from the ABLC Connect series on Digest TV analyzes the renewable chemicals and materials sector. Consumer demand exists, but lack of government incentives hinders biobased production. While innovation is strong, challenges remain, including high costs, limited capacity, and financing difficulties. The presentation
February 07, 2025 Read Full Article
Carbon Credits or Loan Guarantees? Which Is the More Powerful Driver of a Bioeconomy?
by Jim Lane (Biofuels Digest) Every project in the world would prefer to have carbon credits AND a loan guarantee for first of kind technology. But, what if you not have both, but only one? Which would you choose? For a
February 07, 2025 Read Full Article
Climate Technology Founders Fund- Now Accepting Applications! Info Webinar --- February 13, 2025 --- ONLINE
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(Maryland Energy Innovation Accelerator) We’re excited to announce that applications are now open for the Climate Technology Founder’s Fund (CTFF)! This fund, established under Maryland legislation SB960, provides direct financial support to early-stage climate technology startups driving innovation and impact in the state.
February 07, 2025 Read Full Article
Comstock Fuels and SACL Execute Definitive Commercial Agreements
(Comstock Fuels) Expands Licensing Agreement into Malaysia for SAF and Other Renewable Fuels -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced the execution of definitive agreements between Comstock Fuels Corporation (“Comstock Fuels”) and SACL Pte. Limited (“SACL”), a Singapore-based
February 04, 2025 Read Full Article
Gevo Completes Acquisition of Red Trail Energy Assets in North Dakota, Expanding a Burgeoning Portfolio of Energy Assets
(Gevo) Gevo acquired assets of Red Trail Energy, LLC, including its ethanol production plant, carbon capture and sequestration assets, and pore space in Richardton, North Dakota -- Gevo, Inc. (NASDAQ: GEVO), a leading developer of hydrocarbon fuels and chemicals with net-zero greenhouse
February 04, 2025 Read Full Article
Stockholm Exergi Awarded $1.8 Billion by Sweden for Bio-energy Carbon Removal and Storage Project
by Mark Segal (ESG Today) Swedish energy company Stockholm Exergi announced today (January f27, 2025) that it has been awarded support for bio-CCS, a technology that captures biogenic carbon dioxide before it reaches the atmosphere, through a reverse auction by the
February 03, 2025 Read Full Article
Germany: INERATEC's e-Fuel Demo Plant in Frankfurt Gets €70 Million from EIB, EU-Commission and Breakthrough Energy
(European Investment Bank) • The Capital injection will finance development of Europe’s first large-scale e-Fuel plant in Frankfurt and further research and development of INERATEC`s e-Fuels. INERATEC`s e-fuels will support compliance with EU regulation requirements to add synthetic aviation fuel to kerosene to
February 01, 2025 Read Full Article
EIB Group Invests a Record €9.6 Billion for Growth, Innovation and Climate Action in Germany
(European Investment Bank) • In 2024, the EIB Group raised its financing volume in Germany to €9.6 billion to further increase competitiveness. It focused on investments in industry, such as the pharmaceutical sector, fibre optics and automotive suppliers. Other key areas remain start-ups with innovative
February 01, 2025 Read Full Article
LanzaTech to Form New Joint Venture and Launch Spin-Out of LanzaX Business, and Appoints Interim CFO of LanzaTech
(LanzaTech) Announces intent to spin out and form a growth-oriented joint venture for LanzaX, the Company’s differentiated synthetic biology platform, with Tharsis Capital joining as new LanzaX strategic partner to accelerate financing for the synbio development pipeline Appoints new Interim Chief Financial Officer
January 25, 2025 Read Full Article
The Digest’s 2025 Multi-Slide Guide to Cyclotron Road
by Jim Lane (Biofuels Digest) This presentation deck details the Cyclotron Road program, a fellowship program designed to bridge the gap between scientific research and real-world applications. Founded by the Lawrence Berkeley National Laboratory (LBNL), Cyclotron Road aims to empower scientists
January 25, 2025 Read Full Article
Boeing Partners with Norsk e-Fuel to Advance SAF Production and Reduce Aviation Emissions
(Boeing) - Strategic partnership will foster supply of sustainable aviation fuel in the Nordics to help meet global demand; - Boeing investment will support development of one of Europe’s first industrial-scale Power-to-Liquids facility -- Boeing [NYSE: BA] has become a key project
January 22, 2025 Read Full Article
Private Investment and Government Policies Driving Growth in UK Sustainable Aviation Fuel Industry
(International Airport Review) The UK SAF sector is expanding with increasing private investment, supported by government policies like the SAF mandate and planned Revenue Certainty Mechanism. -- A new analysis highlights how private investment and national policies are driving global growth in sustainable aviation
January 22, 2025 Read Full Article
Ecostrat and New Energy Risk Awarded InnSure’s Insurance Innovation Prize, Recognized for Partnership to Develop Feedstock Supply Insurance
(Ecostrat) Ecostrat, a leader in assessing, developing, optimizing and managing biomass supply chains, and New Energy Risk (“NER”), a wholly owned division of Paragon Insurance Group and leading provider of customized technology performance insurance solutions for energy transition projects, have been selected
January 18, 2025 Read Full Article
Amogy Raises $56 Million to Bolster Commercialization of Pioneering Ammonia-to-Power Solutions
(Amogy) New and existing investors back company behind the world’s first carbon-free, ammonia-powered maritime vessel -- Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, today announced that it raised $56 million in venture financing, bringing total raised since inception to
January 16, 2025 Read Full Article
South Korea Launches $680m Green Fuel Infrastructure Fund
by Moyoun Jin (Lloyd's List) Funds will go to the construction of green marine fuel storage facilities and new bunkering vessels by 2030 -- First project involves constructing additional liquid cargo storage facilities at Hyundai Oil Terminal in Ulsan. The port has
January 16, 2025 Read Full Article
Be8 Begins Construction of New Ethanol Plant
(Biofuels International) On 14 August, Be8 announced the start of construction of its new ethanol plant - the first large-scale facility in the state producing biofuel from cereals and the first vital gluten production plant in Brazil. Be8 is a global renewable
January 16, 2025 Read Full Article
Montana Renewables Announces Closing of $1.44 Billion DOE Loan Facility for Renewable Fuels and Biomass Energy Facility
(Calumet/PR Newswire) Initial loan proceeds of $782 million expected to be funded this month and balance of proceeds funded through planned construction period; DOE loan guarantee facilitates expansion of Sustainable Aviation Fuel capacity to 300 million gallons per year -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet," "we,"
January 15, 2025 Read Full Article
BNDES Approves R$480 Million for CMAA to Expand Ethanol and Energy Production and Modernize Industrial Units
(National Bank for Economic and Social Development (BNDES)) R$220 million in financing from the Climate Fund is earmarked for increasing the production of sugarcane ethanol and energy from biomass; With R$260 million from BNDES Machinery and Services, the Vale do Pontal, Vale
January 15, 2025 Read Full Article
The Digest’s 2025 Multi-Slide Guide to the Corn to Chemicals Summit
by Jim Lane (Biofuels Digest) This presentation deck details the proceedings of the 2024 Corn to Chemicals Summit, highlighting efforts to increase demand for corn by exploring new uses beyond traditional applications like ethanol, feed, and export. The summit features the
January 13, 2025 Read Full Article
The Year of Deploying Dangerously: Bioeconomy Opportunities for 2025
by Jim Lane (Biofuels Digest) ... The cold flowing out of Washington DC in the form of 45Z tax credit guidance is matched only by the heavy Eastern snow. Fires rage in Los Angeles fueled by two wet winters, the US is
January 13, 2025 Read Full Article
BNDES Approves 1 Billion Reais for Raízen to Produce Second-Generation Ethanol
( Raízen/bnamericas (machine translation)) The National Bank for Economic and Social Development (BNDES) approved financing totaling R$1 billion for Raízen Energia S/A to build a second-generation Cellulosic Ethanol Unit, E2G, in Andradina (SP), with an installed production capacity of up to 82
January 09, 2025 Read Full Article
Back to Our Roots: This Year the Ethanol Industry Will Celebrate the 20-Year Anniversary of the Renewable Fuel Standard
by Geoff Cooper (Renewable Fuels Association/Ethanol Producer Magazine) This year the ethanol industry will celebrate the 20-year anniversary of the Renewable Fuel Standard, the most transformative and influential public policy in our industry’s long and storied history. But we’ll do more
January 08, 2025 Read Full Article
Brazil MME Announces the Selection F 12 Projects for the Creation of Hydrogen Hubs
(Brazil Energy Insight) The Ministry of Mines and Energy (MME) announced the selection of 12 low-carbon hydrogen hub projects for the decarbonization of Brazilian industry. The projects chosen in the public call notice were presented by the following companies: CSN Group,
January 03, 2025 Read Full Article
Port of Long Beach Releases Clean Marine Fuels White Paper
(Manifold Times) Document intended to prepare and position the port and its stakeholder for adopting low carbon alternative fuels. -- The Port of Long Beach (PLB) in late December released the Clean Marine Fuels White Paper as part of efforts to identify solutions capable
January 02, 2025 Read Full Article
Comstock Fuels Executes License Agreement with Gresham's Eastern Ltd
(Comstock) Bringing Renewable Fuel Production to Pakistan with Sustainable Biomass Refining Solutions -- Comstock Inc. (NYSE: LODE) ("Comstock” and the "Company”) today announced the execution of a binding agreement between Comstock Fuels Corporation ("Comstock Fuels”) and Gresham's Eastern (Pvt) Ltd ("Gresham's”), a
January 02, 2025 Read Full Article
A Project Was Presented to Produce Sustainable Aviation Fuel from Wind Energy
(Infobae (Google Translation) The proposal was announced in the Senate of the Nation. The Eco-Refineries of the South (ERS) project will be carried out in the province of Chubut and seeks to transform the aeronautical industry -- The announcement of the development
January 01, 2025 Read Full Article
Soil and Water Outcomes Fund Receives Support from Chevron Renewable Energy Group for Climate-Smart Agriculture Advancement
(Soil and Water Outcomes Fund) The Soil and Water Outcomes Fund, a leading agricultural ecosystem services program, is proud to announce they successfully began a pilot project with Chevron Renewable Energy Group, a wholly owned subsidiary of Chevron Corporation, as part
December 24, 2024 Read Full Article
Ishka Financing Sustainable Aviation --- March 26, 2025 --- London, UK
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Taking stock and moving needles -- If you are committed to sustainable aviation financing, reducing the climate impact of aircraft, or investing in sustainable fuels and new technologies, then this conference is for you. Now in its fourth year, Ishka’s 2025 ESG-SAF
December 23, 2024 Read Full Article
The U.S. National Blueprint for Transportation Decarbonization : A Joint Strategy to Transform Transportation
(U.S. Departments of Energy, Transporation, Housing and Urban Development and Environmental Protection Agency) Transportation connects us. It connects people, countries, and cultures, and draw us closer to one another. It is also the backbone of our economy and critical to supporting
December 23, 2024 Read Full Article
Aemetis Registrations Approved by the IRS for 45Z Production Tax Credits
(Aemetis) Renewable Natural Gas production expected to increase by 80% to 550,000 MMBtu of RNG per year, generating PTC’s under the Inflation Reduction Act starting January 1, 2025 – Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company focused
December 19, 2024 Read Full Article
Hydri Opens Second Swedish Hydrogen Refuelling Station
by Alan Sherrard (Bioenergy International) In Sweden, green hydrogen refueling infrastructure developer Hydri AB has held the official opening of its second dual-pressure hydrogen filling station in the greater Gothenburg region. Earlier this fall, Hydri inaugurated a station in the Port of
December 16, 2024 Read Full Article
The Digest’s 2024 Multi-Slide Guide to Earth Finance and the Transition to SAF
by Jim Lane (Biofuels Digest) This presentation deck outlines a strategy for accelerating the global transition to a lower-carbon economy, focusing specifically on the production and adoption of Sustainable Aviation Fuel (SAF). The presentation deck highlights the need for systemic-level changes
December 13, 2024 Read Full Article
The Energy Transition and its Pivotal Role in the G20 and COP29 Meetings
by Jefferson dos Santos Estevo* (Advanced Biofuels USA) Earlier this year, two pivotal global conferences were held: the G20 in Brazil and COP29 in Azerbaijan. Both gatherings placed significant emphasis on the topic of energy transition, highlighting the urgent need
December 11, 2024 Read Full Article
The Case for Conversion: Gevo Inc. Expects to Acquire Red Trail Energy Assets
by Luke Geiver (Ethanol Producer Magazine) Gevo Inc. expects to close early this year on a deal to acquire the ethanol production and carbon capture and storage assets of Red Trail Energy LLC in Richardton, North Dakota, for $210 million. Gevo
December 11, 2024 Read Full Article
The Digest’s 2024 Multi-Slide Guide to Arial Green
by Jim Lane (Biofuels Digest) This presentation deck is an overview of Ariel Green, a division of Ariel Re, a Lloyd’s of London syndicate focused on providing Technology Performance Insurance (TPI) for clean energy projects. Ariel Green offers investment-grade policies backed
December 06, 2024 Read Full Article
MOSTI Aims to Produce Two Million Tons of Hydrogen Annually by 2030
(Bernama/The Sun) The Ministry of Science, Technology, and Innovation (MOSTI) aims to produce two million tons of hydrogen annually, scaling up to 16 million tons by 2050 in an Emission Driven Scenario (EDS) under the Economy and Technology Roadmap (HETR). Science, Technology,
December 06, 2024 Read Full Article
ADB, SAFCO Venture Holdings Sign $86.2 Million Deal to Boost Sustainable Aviation Fuel Production in Pakistan
(Asian Development Bank) The Asian Development Bank (ADB) and SAFCO Venture Holdings Limited (SAFCO) have signed a landmark $86.2 million financial package to finance the construction and operation of a sustainable aviation fuel (SAF) facility in Sheikhupura, Pakistan, the first private
December 05, 2024 Read Full Article
Liquid Sun Raises Nearly €4 Million in Seed Funding from Voima Ventures, Failup, and Business Finland to Build an eSAF Demonstration Unit.
(Liquid Sun) The market for sustainable aviation fuel (eSAF) is predicted to grow from €2 billion in 2030 to over €60 billion by 2050. Finnish company Liquid Sun aims to be at the forefront of this exploding market growth. Finnish technology company
December 04, 2024 Read Full Article
Airlines Not Switching Quickly Enough to Green Jet Fuel, Study Says
by Joanna Plucinska (Reuters) Most of the world's airlines are not doing enough to switch to sustainable jet fuel, according to a study by Brussels-based advocacy group Transport and Environment, which also found too little investment by oil producers in the transition. The airline
December 03, 2024 Read Full Article
Haffner Energy Launches Its Hydrogen Production, Testing and Training Center in Champagne, France
(Haffner Energy) Inaugurated today (November 22, 2024), Haffner Energy’s hydrogen production, testing and training center is about to start producing renewable hydrogen using its patented biomass and organic waste thermolysis process. The project, a laureate of the France 2030 and Territoires
November 29, 2024 Read Full Article
From Eyesore to Asset: How a Smelly Seaweed Could Fuel Cars
by Gemma Handy (BBC) ... Now, a pioneering group of Caribbean scientists and environmentalists hope to turn the tide on the problem by transforming the troublesome algae into a lucrative biofuel. ... They recently launched one of the world’s first vehicles powered by
November 26, 2024 Read Full Article
Aircraft Lessor Jackson Square Teams with Future Energy Global to Help Boost SAF Production
by Tony Harrington (GreenAir) Aircraft lessor Jackson Square Aviation and specialist financial services company Future Energy Global (FEG) have partnered to help generate investments needed to accelerate the production of sustainable aviation fuel. Like leasing companies placing large orders for new
November 18, 2024 Read Full Article
Podcast -- Beyond the Pledges: What COP29 Means for Climate, Finance, Policy and the Energy Transition
(S&P Global) As COP29 unfolds in Baku, Azerbaijan, this CERAWeek Podcast episode dives into the conference’s key topics, from climate financing to global policy alignment. Host Atul Arya, S&P Global Chief Energy Strategist, speaks with Eirik Wærness, Senior Vice President and
November 18, 2024 Read Full Article
The Hydrogen Stream: Ohmium, Spirare Energy, and JNCASR Collaborate on India’s First CO2 to Green Methanol Plant
by Uma Gupta and Sergio Matalucci (PV Magazine) The project will combine green hydrogen generated by Ohmium PEM electrolyzers with CO2 captured from the Singareni Thermal Power Plant to produce green methanol. Ohmium International (Ohmium), a green hydrogen company that designs, manufactures, and deploys advanced
November 18, 2024 Read Full Article
G20 Ministers Show Strong Recognition for Aviation-Decarbonization Initiatives
(International Civil Aviation Organization) The recent G20 Energy Transitions Ministerial Meeting held in Foz do Iguaçu, Brazil, from 1 to 4 October 2024, gave significant recognition to ICAO for its efforts to decarbonize the aviation sector. ICAO Secretary General Juan
November 12, 2024 Read Full Article
The Making of a Monster: the Greasezilla, BP story
by Jim Lane (Biofuels Digest) ... For now, we have the company Greasezilla, known to mere mortals as Downey Ridge Environmental, which has snagged a massive partnership with BP and is well on the way to revolutionize brown grease collection and its availability as
November 11, 2024 Read Full Article
The Digest’s 2024 Multi-Slide Guide to USA BioEnergy
by Jim Lane (Biofuels Digest) This presentation deck by USA BioEnergy, a company focused on developing sustainable aviation fuel (SAF) and other biofuels from woody biomass, outlines their plan to build a series of 12 advanced biorefineries across the United States,
November 08, 2024 Read Full Article
Aerleum Raises $6M in Seed Round to Revolutionize CO₂ Capture and Conversion Technology
( High-Tech Gründerfonds) Aerleum, a pioneering climate tech company specializing in CO₂ capture and utilization, announces the successful close of its $6M seed round, led by 360 Capital and HTGF, with participation from Norrsken, Bpifrance, and Marble. The funding will accelerate the
November 07, 2024 Read Full Article
The Digest’s 2024 Multi-Slide Guide to GreenStar BCS
by Jim Lane (Biofuels Digest) This presentation delivered at the ABLC Conference in 2024 highlights Green Star BCS’s expertise in the sustainable aviation fuel (SAF) sector. The company, with a global team of “Molecule Managers,” provides consulting services focused on techno-economic
November 06, 2024 Read Full Article
ICAO Promotes Sustainable Aviation Fuel Investment Platform with Development Banks
(International Civil Aviation Organization) The International Civil Aviation Organization (ICAO) Secretary General Juan Carlos Salazar met with senior representatives from Multilateral Development Banks and other high-level officials in Washington D.C. on 24-25 October 2024. The discussions, held alongside the World Bank
November 06, 2024 Read Full Article
Ethanol Plant CEO Expects SAF to Experience Growing Pains
by Mark Dorenkamp (Brownfield Ag News) The CEO of an ethanol plant in southern Minnesota expects the sustainable aviation fuel industry to experience growing pains. Brian Kletscher with Highwater Ethanol near Lamberton says the technology needs to be right for ethanol facilities
November 05, 2024 Read Full Article
LanzaTech and Eramet Announce Plans for First-of-a-Kind Integrated Carbon Capture, Utilization and Storage (CCUS) Project in Norway
(LanzaTech) LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech”), the carbon recycling company transforming above-ground carbon into sustainable fuels, chemicals, materials, and proteins, today announced plans to develop a commercial-scale Carbon Capture and Utilization (“CCU”) facility (the “facility”, “plant”, or “project”) at Herøya
November 05, 2024 Read Full Article
Asia Feeling the Heat of Climate Change
(Biofuels International) The potential for biofuels to play a leading role in Asia’s under-pressure energy mix appears to be on the rise. Nailing down that potential will take time, effort and investment, but opportunities for sector growth are being strengthened by policy
November 04, 2024 Read Full Article
Universal Fuel Technologies Raises $3M to Reduce Sustainable Aviation Fuel Costs by up to 50%
(Universal Fuel Technologies/Business Wire) The company improves the economics of aviation decarbonization by cutting sustainable aviation fuel (SAF) production costs by up to 50% and carbon emissions by up to 75%; The company’s Flexiforming technology enables the production of 100% synthetic SAF
October 24, 2024 Read Full Article
Ecostrat and New Energy Risk Announce Partnership to Develop Feedstock Supply Insurance©
(Ecostrat) Feedstock Supply Insurance will catalyze, de-risk and accelerate the financing of bio-based projects -- – New Energy Risk (NER), a wholly owned division of Paragon Insurance Group, and Ecostrat, a leader in assessing, developing, optimizing, and managing biomass supply chains, today
October 22, 2024 Read Full Article
Gevo Secures Conditional Commitment from U.S. Department of Energy Loan Programs Office for its Net-Zero 1 Sustainable Aviation Fuel Plant in South Dakota
(Gevo) This conditional commitment signals the strength of the project to finance the world’s first large-scale net-zero-emissions alcohol-to-jet production facility -- Gevo, Inc. (NASDAQ: GEVO), a leading developer of net-zero hydrocarbon fuels and chemicals, is pleased to announce it received a
October 17, 2024 Read Full Article
ICAO and IRENA Join Forces to Accelerate Access to Financing and Implementation of Aviation Decarbonization Projects
(International Civil Aviation Organization) In a crucial step towards achieving the aviation sector's goal of net-zero carbon emissions by 2050, the International Civil Aviation Organization (ICAO) and the International Renewable Energy Agency (IRENA) have signed a landmark agreement to boost financing
October 16, 2024 Read Full Article
Host Country Agreement Signed between India and the Global Biofuels Alliance
(India Ministry of External Affairs) Shri Dammu Ravi, Secretary (ER), Ministry of External Affairs and Shri Pankaj Jain, Secretary, Ministry of Petroleum and Natural Gas as Interim Director General of GBA signed the Host Country Agreement (HCA) between the Government of
October 14, 2024 Read Full Article
ESL Shipping Builds a Series of Fossil-Free Handysize Vessels to Serve the Nordic Green Transition
(ESL Shipping) ESL Shipping is building a series of four new, fossil-free handysize vessels. These new 1A ice-class vessels are the top of the market in terms of cargo capacity, technology and innovation. The total value of the four ships is
October 10, 2024 Read Full Article
GeoPura Closes Landmark Debt Funding Round, Pioneering Green Hydrogen Finance in the UK
(GeoPura) £22 Million Raised to Propel Hydrogen Generator Fleet Expansion and Global Deployment -- Key highlights: First major asset-backed debt funding announcement for a green hydrogen business in the UK: GeoPura’s debt raise sets a significant precedent in the green hydrogen sector Long-Term Funding Support
October 04, 2024 Read Full Article
Carbon Accounting and the Role of Biofuels in Decarbonization: Implications for Brazil and the G20
by Jefferson dos Santos Estevo, Laís Forti Thomaz, and Amanda Duarte Gondim (Boletim Lua Nova) The Energy Transition at the G-20 -- Brazil's presidency of the G-20 has led to debates on different themes and programs, which are consistent with the country's proposed motto, “Building a
October 02, 2024 Read Full Article
Illinois Announces Incentives for SAF Project under Development at Previously Shuttered Ethanol Plant
by Erin Voegele (Ethanol Producer Magazine) The government of Illinois on Sept. 30 announced Crysalis Biosciences Inc. will receive incentives under the state’s Reimagining Energy and Vehicles in Illinois (REV Illinois) program to support its sustainable aviation fuel (SAF) project under
October 02, 2024 Read Full Article
The Principles of Low-Carbon Tectonics: As Lygos, Pyran Accelerate, We Look at the Why, the Where, and the When
by Jim Lane (Biofuels Digest) ... Lygos and CJ BIO have signed an MOU to develop a commercial-scale biorefinery complex in Fort Dodge, Iowa, Meanwhile, Pyran raised a new financing round aimed at completing the front-end engineering design for their first
September 23, 2024 Read Full Article
Summit Next Gen Closes on Site Acquisition and Provides Key Updates on its Project to Develop the World's Largest Ethanol to Jet Sustainable Aviation Fuel Facility
(Summit Next Gen) Strategic site location on the Houston Ship Channel with close proximity to significant existing infrastructure provides unmatched connectivity to both feedstock supply and SAF demand markets; Robert T. Halpin selected to serve as Chief Executive Officer; Successfully completed substantial development
September 18, 2024 Read Full Article
The Digest’s 2024 Multi-Slide Guide to Origin Materials, the investment perspective
by Jim Lane (Biofuels Digest) A handful of industrial biotechnology companies have the strength and purpose to make it as a public company — others remain private, are acquired, or wind down. What makes companies able to succeed with public investors?
September 16, 2024 Read Full Article
EBRD Supports First Renewable Hydrogen Project in Central Asia
by Anton Usov (European Bank for Reconstruction and Development) EBRD to finance the first renewable hydrogen facility in Central Asia; Financing to help decarbonise Uzbekistan’s fertiliser production and power generation sectors; Support by Canada and Japan -- The European Bank for Reconstruction and Development (EBRD) is helping
September 02, 2024 Read Full Article
Bridging the Gap: Overcoming the ‘Failure to Launch’ in Technology Ventures
by Cynthia Thyfault (QuantaVision/Biofuels Digest) Many promising ventures face a daunting challenge: translating groundbreaking technology into market success. This challenge isn’t merely a matter of technical prowess but often a strategic one. Much like the generals of today who mastered the
September 02, 2024 Read Full Article
New Investment Funds Clear Sky and SAFFA Target Sustainable Aviation Financing
by Tony Harrington (GreenAir) Two new global investment funds focused on sustainable aviation – one backed by Airbus, the other by Boeing – have announced their first projects as concerns deepen across the air transport sector about a lack of capital
August 31, 2024 Read Full Article
PuriFire Secures GBP 2.7m in Funds for Pilot Biofuels Plant
(Renewables Now) UK green hydrogen and methanol solutions developer PuriFire Energy has raised GBP 2.7 million (USD 3.6m/EUR 3.2m) in a seed round that will help it build a pilot project to commercialise the hydrothermal treatment technologies researched by its founder. Established
August 29, 2024 Read Full Article
Praise for New Danish Africa Strategy – Green Energy and Trade to Be Strengthened
(Danish Shipping) Africa holds enormous potential for both green energy and economic growth. To harness this potential, Denmark and the EU must have an even sharper focus on investments and collaboration. The Danish government's new Africa Strategy offers significant opportunities for closer cooperation
August 29, 2024 Read Full Article
Carbon Rebrand: The Carbon Transformation Technology Developed by California-based Twelve Splits Apart Carbon Dioxide (CO2)
by Lisa Gibson (SAF Magazine) The Carbon Transformation Technology developed by California-based Twelve splits apart carbon dioxide (CO2) at low temperatures using electrochemistry, creating foundational elements for fuels, chemicals and plastics. Twelve, founded in 2016, has partnered for demonstration projects to produce
August 28, 2024 Read Full Article
Japan's Toyota Tsusho to Develop and Supply Biofuels in Indonesia
by Anna Nishino (Nikkei Asia) Trader will work with state-run Pertamina to support decarbonization efforts -- Japanese trading house Toyota Tsusho will develop and supply biofuels and green hydrogen with Indonesian state-run oil company Pertamina, part of efforts led by Tokyo to
August 27, 2024 Read Full Article
BNDES and Finep Make R$6 Billion Available for Investments in Green Fuel for Aviation and Navigation DEADLINE October 31, 2024
(BNDES) Public Call will select business plans for the development of technologies and implementation of biorefineries in Brazil to decarbonize air and maritime transport -- The National Bank for Economic and Social Development (BNDES) and the Brazilian Studies and Projects Financing Agency (Finep) launched this
August 27, 2024 Read Full Article
CMM Secures Funding to Facilitate Construction of Ethanol-Powered PSV Fleet in Brazil
(Brazil Energy Insight) Compagnie Maritime Monegasque (CMM) has secured $94 million in financing from Summit Ridge Capital Partners, which will help the company construct pioneering ethanol-powered fleet of Platform Supply Vessels (PSVs) in Brazil. The financing will enable CMM to recompose its
August 26, 2024 Read Full Article
DRIFT Plans First Green Hydrogen Producing Vessel with Close of Seed Round
(DRIFT Energy) DRIFT Energy aims to drive the clean energy transition worldwide with high-performance sailing vessels that harness deep ocean wind to produce green hydrogen at sea. The company has secured £4.65 million in seed capital, led by Octopus Ventures with
August 26, 2024 Read Full Article
Brazil Puts up US$1.2bn for Green Energy Projects
(Bnamericas) Brazilian development bank BNDES, public innovation promotion agency Finep, and industrial innovation-focused Embrapii are making 6.8 billion reais (US$1.2bn) available for green energy projects. BNDES and Finep have launched a public call, available here, for business plans to create and develop biorefineries. The
August 23, 2024 Read Full Article
Boeing Invests in Australian Sustainable Aviation Fuel Production
(Boeing) Investment supports development of Wagner Sustainable Fuels refinery to advance SAF production in Australia; - Expands Boeing-Wagner partnership announced earlier this year -- Boeing [NYSE: BA] has become an early investor in Wagner Sustainable Fuels to support the development of its sustainable
August 22, 2024 Read Full Article
FCC Says Biofuel Production Boom Will Benefit Oilseed Growers
by Rob O'Flanagan (Melfort Journal) North American boom in biofuel production should benefit Saskatchewan oilseed growers -- A boom in biofuel production is expected to have economic benefits for oilseed producers, says Farm Credit Canada. The biofuel sector is experiencing significant growth, says Regina-based
August 18, 2024 Read Full Article
Be8 Begins Construction of New Ethanol Plant in Rio Grande do Sul
by Gabriela Ruddy (EPBR (Google Translation)) The plant will start operations in 2026 and will be flexible for the production of anhydrous or hydrated ethanol -- Be8 began, this Wednesday (14/8), the construction of an ethanol plant from cereals in Passo Fundo (RS). With a production capacity
August 16, 2024 Read Full Article
Biomass Plant in Dobbins Headed for Construction with Financing from Yuba Water, Will Fast-Track Forest Treatments to Reduce Wildfire Risk
(Yuba Water Agency) Construction of a 5-megawatt biomass plant near Dobbins in Yuba County can now move forward with the help of a $7 million grant and $8.3 million low-interest loan to the Camptonville Community Partnership approved today by Yuba Water
August 13, 2024 Read Full Article
Embraer Makes First Sale of Ethanol-Powered Agricultural Aircraft Through BNDES Climate Fund Program
(Aeroflap) In July, Embraer's agricultural aviation division made the first sale of the ethanol-powered Ipanema 203 through the Climate Fund program, in the “Automatic Climate Fund” modality, which provides support for the acquisition of machinery and equipment related to the reduction
August 09, 2024 Read Full Article
Groundbreaking Ceremony Marks the Start of Dairy Distillery Alliance’s Sustainable Biofuel Project
(Michigan Milk Producers Association) America’s lowest carbon-intensity dairy ethanol plant breaks ground in southwest Michigan, adding to the needed biofuel supply and helping lower the dairy industry’s carbon footprint. -- Today (August 6, 2024), the Michigan Milk Producers Association (MMPA) and Canadian Dairy Distillery celebrated the
August 09, 2024 Read Full Article
Clean Tech Firm Progresses Planned Biofuels Facility in Alberta
by Rocky Teodoro (RigZone) Clean technology firm Green Impact Partners Inc. (GIP) has finalized the carbon credit pathways under the Alberta Technology Innovation and Emissions Reduction (TIER) program for its flagship project, the Future Energy Park, set to be constructed in
August 02, 2024 Read Full Article
Gunvor Joins VARO to Jointly Develop Large-Scale Sustainable Aviation Fuel (SAF) Manufacturing Facility
(Gunvor Group) - VARO’s project has made significant progress since announcement in September 2023. FEED has advanced and is expected to be complete, Q4 2024. - Gunvor will join VARO as an equal partner to jointly develop a large-scale Sustainable Aviation Fuel (SAF) manufacturing facility.
August 02, 2024 Read Full Article
The Government Authorises Enagás to Start Work on H2Med, the Spanish Hydrogen Network and Associated Storage Facilities
(Enagás) - The Council of Ministers today (July 30, 2024) approved the agreement authorising Enagás Infraestructuras de Hidrógeno to provisionally exercise the functions of developing European Projects of Common Interest (PCI) for hydrogen networks. - These functions are the application for authorisation,
August 02, 2024 Read Full Article
BP to Construct 5 to 10 Green Hydrogen Projects this Decade, CEO Days
by Ron Bousso (Reuters) BP (BP.L) aims to construct five to 10 low-carbon hydrogen projects this decade in order to produce clean fuels and reduce greenhouse emissions, CEO Murray Auchincloss said on Tuesday. The so-called green hydrogen, produced through electrolysis using renewable power, will
August 02, 2024 Read Full Article
Gumption and the Folk What Got It: A Digest 17th Birthday Essay
by Jim Lane (Biofuels Digest) I have good news to share today, from Ensyn; also, from a company called Matereal that’s been bubbling below the surface for some time and is now emerged from stealth. Finally, from a worthy group called
July 29, 2024 Read Full Article
Airlines Urge Governments to Save Floundering Green Jet Fuel Industry
by Joanna Plucinska (Reuters) A UK initiative to promote green jet fuel will need to be taken up around the world - and built on - if the technology is to have any chance of delivering its promise of radically cleaner
July 26, 2024 Read Full Article
Will Airlines Meet Their 2050 Net-Zero Emissions Goal?
by Helen Massy-Beresford and Graham Warwick (Aviation Week) ... SAF can cost 3-5 times as much as standard kerosene and accounts for around 0.5% of global fuel usage. In Europe, ReFuelEU mandates are set to come into force Jan. 1, 2025, but
July 25, 2024 Read Full Article
Nexus Development Capital Announces Investment in Castlerock Biofuels
(Nexus Development Capital/PR Newswire) Nexus Development Capital, LLC (NDC), a leading investment firm specializing in catalytic capital for teams deploying low-carbon infrastructure, is pleased to announce an investment of approximately $9 million in Castlerock Biofuels LLC (Castlerock Biofuels), a joint venture company led
July 25, 2024 Read Full Article
Cowboy Clean Fuels Announces Transformative Financing and Commercial Progress
(Cowboy Clean Fuels/PR Newswire) Cowboy Clean Fuels Announces Final Close of $13 Million Series B to Commercialize Technology for Scalable, Simultaneous Production of Renewable Natural Gas and Sequestration of Carbon Dioxide. -- Cowboy Clean Fuels (CCF), an advanced climate tech and energy
July 24, 2024 Read Full Article
Airbus and Partners Invest in Sustainable Aviation Fuel Financing Fund
(Airbus) Airbus, the Air France-KLM Group, Associated Energy Group, LLC, BNP Paribas, Burnham Sterling, Mitsubishi HC Capital Inc. and Qantas Airways Limited co-invested in a Sustainable Aviation Fuel (SAF) financing fund to accelerate the production of SAF. The corporate partners worked with
July 24, 2024 Read Full Article
The Digest’s 2024 Multi-Slide Guide to the State of Renewable Chemicals and Materials
by Jim Lane (Biofuels Digest) In this presentation, we explored the challenges faced in the transition to biobased chemicals and materials. We look at the molecules getting traction, market prices, new process technologies, the policy environment, carbon prices or the lack
July 23, 2024 Read Full Article
India Prepares to Sign Headquarters Agreement with Global Biofuels Alliance
by Sumit Arora (Current Affairs) ... The Global Biofuels Alliance (GBA), launched in September 2023 by key G20 members including India, the United States, and Brazil, is poised to take a significant step forward in its institutional development. The Indian government is
July 19, 2024 Read Full Article
Vattenfall and Shell Have Decided to Pause Their Collaboration in the HySkies Electrofuel Project
(Vattenfall) Vattenfall continues review of HySkies project scope -- Vattenfall and Shell have decided to pause their collaboration in the HySkies electrofuel project while Vattenfall continues the search for new partners to join potential industry decarbonisation developments in the Forsmark region. In 2021
July 10, 2024 Read Full Article
Yara Clean Ammonia, Scatec, ECHEM and MOPCO Sign Heads of Terms for Renewable Ammonia Offtake Agreement in Egypt
(Yara) Scatec ASA, a leading renewable energy solutions provider, and its partners, ECHEM and MOPCO, have agreed on Heads of Terms for renewable ammonia offtake from Egypt with Yara Clean Ammonia, the world's largest trader- and distributor of ammonia. Ammonia tanker Yara
July 05, 2024 Read Full Article
The Digest’s 2024 Multi-Slide Guide to California Ethanol+Power
by Jim Lane (Biofuels Digest) The mission of California Ethanol & Power, LLC (“CE+P”) is to produce sustainable renewable low-carbon energy in California from the right renewable resource – sugarcane. CE&P’s experienced team is completing the development of and intends to
July 04, 2024 Read Full Article
3rd Congress of the Brazilian Network for Sustainable Bio-Kerosene and Hydrocarbons for Aviation (RBQAV)
by Jefferson dos Santos Estevo* (Advanced Biofuels USA)The 3rd Congress of the Brazilian Network for Sustainable Bio-kerosene and Hydrocarbons for Aviation (Rede Brasileira de Bioquerosene e Hidrocarbonetos Sustentáveis para Aviação - RBQAV) took place on June 17th, 18th, and 19th
July 03, 2024 Read Full Article
Philippine DOE to Release Roadmap for Sustainable Aviation Fuels in July
(Power Philippines News) The roadmap for the Sustainable Aviation Fuels (SAF) will be developed this July, according to the Department of Energy (DOE). In the recently concluded German-Philippine conference on innovative bioenergy technologies, DOE Undersecretary Rowena Cristina L. Guevara said that the
June 29, 2024 Read Full Article
EIB and Cepsa Sign €285 Million Loan to Finance the Construction of a Second-Generation Biofuels Plant in Spain
(Cepsa) - Plant in Andalusia region to make biofuels from organic waste like used cooking oil or agricultural waste, supporting the circular economy; Biofuels to be used in sectors that are difficult to decarbonise, such as air transport, maritime transport
June 28, 2024 Read Full Article
Commission Approves €3 Billion German State Aid Scheme to Support the Development of Hydrogen Core Network
(European Commission) The European Commission has approved, under EU State aid rules, an estimated €3 billion German scheme to support the construction of the Hydrogen Core Network (‘HCN'). The measure will contribute to the achievement of the objectives of the EU Hydrogen Strategy and 'Fit for
June 28, 2024 Read Full Article
Aemetis Biogas Reaches Milestone of Operating Dairy Digesters Producing More Than 300,000 MMBtu Per Year of Renewable Natural Gas
(Aemetis) Additional Digester Construction Planned to Increase Production Rate over 150% to 800,000 MMBtu Per Year by Q3 2025 -- Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company focused on low and negative carbon intensity products, today announced that
June 27, 2024 Read Full Article
The Digest’s 2024 Multi-Slide Guide to De-risking for Project Efficiency: the ABB Perspective
by Jim Lane (Biofuels Digest) This is one ABLC slide guide you don’t want to miss! ABB’s John Oyen shares what ABB Energy Industries is all about, highlights ways developers/producers can improve de-risking and much more. ABB is a technology leader in electrification
June 27, 2024 Read Full Article
Construction Begins on Clean Ammonia Production Facility in UAE, Project Loan Agreement Signed
(Mitsui) Mitsui & Co., Ltd. ("Mitsui", Head Office: Tokyo, President and CEO: Kenichi Hori), alongside TA'ZIZ (owned by Abu Dhabi National Oil Company ("ADNOC")), Fertiglobe, and South Korea's GS Energy Corporation, has agreed to commence construction of an ammonia production facility
June 27, 2024 Read Full Article
Södra to Become the Largest Producer of Kraft Lignin in the World
(Södra/CISION) As a step in the strategy of getting more out of every tree, Södra is now establishing a new business to become a world leader in the production of kraft lignin. Södra's production facility will be the first commercial facility
June 25, 2024 Read Full Article
SkyNRG Releases Sustainable Aviation Fuel Market Outlook 2024
(SkyNRG) - A decisive year for announced projects targeting operations before 2030, as most in progress facilities still face the challenges of raising capital, construction, and commissioning. - Regulatory developments are driving Sustainable Aviation fuel (SAF) demand, with mandates and aspirational
June 19, 2024 Read Full Article
What Corporate Finance Teams Should Know about SBTi’s New Financial Sector Guidance
by Nico McCrossan (GreenBiz) Updates for banks and other institutions setting science-based targets for emissions reductions take effect Nov. 30. -- The Science Based Targets initiative will requires banks and other financial institutions setting science-based targets for emissions reductions to phase out
June 12, 2024 Read Full Article
bluShift Aerospace Secures $2.3M to Accelerate Development of Small Satellite Launch Services, Appoints Brady Brim-DeForest as Chairman
(bluShift Aerospace/Yahoo! Finance) The aerospace startup will use the new investment funds to continue its rapid expansion into the orbital and small satellite services markets. -- bluShift Aerospace announced today that it has raised $1.3M in a seed round, led by Houston-based
June 05, 2024 Read Full Article
The Brazilian Behemoth: The Biggest, Baddest Advanced Biorefinery of Them All, Open for Business
by Jim Lane (Biofuels Digest) News arrives from Brazil that has been eagerly awaited by all. Raízen has inaugurated its new, $228 million, second-generation ethanol plant, at the Bonfim Bioenergy Complex, in Guariba, in the state of São Paulo, Brazil. The
June 03, 2024 Read Full Article
Reducing Aviation's Climate Impact: Impact on Sustainable Aviation and aireg Cooperate
(impact/aireg) The association impact (impact on Sustainable Aviation e.V.) and the aviation initiative aireg (Aviation Initiative for Renewable Energy in Germany) have signed a cooperation agreement to work together to accelerate the market ramp-up of Sustainable Aviation Fuels (SAF). Ulrike Ziegler, Chairwoman
May 31, 2024 Read Full Article
Metafuels Plans eSAF Facility in Denmark Together with EuropeanEnergy
(Metafuels) Swiss company Metafuels AG is advancing its plans for a sustainable aviation fuel facility in Denmark together with European Energy -- Metafuels AG, a Swiss aviation tech company, has signed an agreement with European Energy to set up a synthetic sustainable
May 31, 2024 Read Full Article
Veolia, Waga Energy and ENGIE Join Forces to Contribute to the Development of the Renewewable Natural Gas Industry in France
(ENGIE) With the growing need to develop local, low-carbon energies, Veolia, a leader in bioenergies, and Waga Energy, a global expert in the production of Renewable Natural Gas (RNG) from landfills, and ENGIE, a world leader in low-carbon energy and services,
May 30, 2024 Read Full Article
Brazil Energy Firm to Create ‘World’s First’ Carbon-Negative Ethanol
by Anthony Wright (gasworld) One of Brazil’s largest ethanol producers could become the world’s largest ethanol producer with a negative carbon footprint and the first to develop bioenergy with carbon capture and storage (BECCS) in the production of ethanol outside the
May 30, 2024 Read Full Article
GTT Strategic Ventures Invests in Energo, the Technological Expert in the Production of Synthetic Molecules Using Plasma Catalysis
(GTT Group) GTT Strategic Ventures, the investment fund of the GTT Group, announces that it has participated in a €16.5 million financing round to support the development of Energo, the French technology expert in the production of synthetic molecules using plasma
May 23, 2024 Read Full Article
Reading Pollock: On Advancing the Bioeconomy, a New York City 400th Anniversary Column
by Jim Lane (Biofuels Digest) ... Access to resources, fertile lands, a crossroads of trade, a decision to build infrastructure and commence manufacturing — these were the factors that gave life to the settlement and set New York on its appointment
May 20, 2024 Read Full Article
Asahi Kasei Starts Operation of Multi-Module Hydrogen Pilot Plant in Kawasaki
(Asahi Kasei) Important milestone towards realization of 100 MW-class alkaline-water electrolysis systems -- The Japanese technology company Asahi Kasei is further accelerating its hydrogen business activities. On May 13, company representatives and partners including the Japanese government celebrated the official opening of
May 14, 2024 Read Full Article
Bright Renewables, Tekniska Verken Partner up for Sweden’s First Biogas CCU Project
by Jim Lane (Biofuels Digest) From Sweden comes news that Bright Renewables has won the technical tender from Tekniska verken, a major Swedish multi-utility energy company, for the supply of CO2 liquefaction technology. The system will be installed at Tekniska verken’s
May 13, 2024 Read Full Article
EBRD Approves EUR 60m Loan for Biofuels Project in Ukraine
(REnewables Now) The European Bank for Reconstruction and Development (EBRD) has agreed to provide a EUR-60-million (USD 64.4m) senior secured loan to support a privately owned project for the construction of a greenfield biofuels project in Ukraine. The loan has been granted
May 09, 2024 Read Full Article
Carbon to Value Initiative Says 4th Cohort Is Open for Apps: Cohort I-III Companies Raised $410M in Follow-on Funding DEADLINE June 21, 2024
by Jim Lane (Biofuels Digest) From Massachusetts, New York and Texas, we received news that the Carbon to Value Initiative, a partnership of the Urban Future Lab at NYU Tandon School of Engineering (UFL), Greentown Labs, and Fraunhofer USA has opened the
May 09, 2024 Read Full Article
Cooperfarms Presents a Proposal to the BNDS to Build a Corn and Sorghum Ethanol Plant
(Cooperfarms) Last Tuesday (30/04), the manager of the Industrial Committee of the Rural Producers Cooperative (Cooperfarms), Celestino Zanella, filed with the National Bank for Economic and Social Development (BNDS), in Rio de Janeiro/RJ, the indication of the project to build a
May 08, 2024 Read Full Article
$94M Summit Ridge Capital Deal Fuels CMM's Green Fleet Expansion in Brazil
(Compagnie Maritime Monegasque (CMM)/PR Newswire) In a significant stride toward sustainable maritime operations, Compagnie Maritime Monegasque (CMM) announced the closing of up to $94 million in financing. The transaction was funded by Summit Ridge Capital Partners. Panorama Capital Partners sourced and advised on
May 08, 2024 Read Full Article
CMA CGM and Bpifrance Announce the Operational Launch of the Endowment Fund for the French Maritime Sector of 200 Million Euros Financed via Pulse, the CMA CGM Energy Fund
(Bpifrance) - An unprecedented commitment from a private actor to contribute to the decarbonization of the French maritime industry. - CMA CGM, via its PULSE investment fund, and Bpifrance are bringing together the main players in the maritime sector in France to
April 26, 2024 Read Full Article
The Digest’s 2024 Multi-Slide Guide to NEXT Renewables
by Jim Lane (Biofuels Digest) NEXT Renewable Fuels turns recycled organic materials, such as used cooking oil, into an advanced biofuel that works just like petroleum-based diesel, but with as much as 85 percent less greenhouse gas emissions. With development and
April 25, 2024 Read Full Article
Exclusive: Eni Aims to Sell Stakes in Biofuel, Bioplastic Units by Year-End, Sources Say
by Francesca Landini, Ron Bousso and Elisa Anzolin (Reuters) Italian energy group Eni (ENI.MI), opens new tab aims to sell by year-end minority stakes in its biofuel and bio-plastic units that could fetch around 1.3 billion euros in total to speed up its
April 16, 2024 Read Full Article
Get Funded! Avoid the Top 3 Mistakes in Raising Bioeconomy Capital
by Steve Weiss (Grey Heron/ Biofuel Digest's Due Diligence Wolfpack*) Capital is the fuel for building your business – and you can get it, just like you keep achieving milestones and adding partners. But fundraising is often harder, longer and more uncertain than you’d
April 16, 2024 Read Full Article
Brightmark® RNG Holdings Completes Eloy Development, Launching Renewable Natural Gas Production in the US Southwest
(Brightmark/PR Newswire) Brightmark RNG Holdings LLC announces the opening of its Eloy Renewable Natural Gas (RNG) center, which will produce RNG from dairy manure using anaerobic digestion technology. The project brings this innovative renewable fuel technology to the Southwestern US. This development
April 12, 2024 Read Full Article
Commission Approves €350 Million German State Aid Scheme to Support Renewable Hydrogen Production
(European Commission) The European Commission has approved, under EU State aid rules, a €350 million German scheme to support the production of renewable hydrogen through the European Hydrogen Bank's “Auctions-as-a-Service” tool. The German measure is in line notably with the objectives of the REPowerEU Plan and
April 12, 2024 Read Full Article
Aemetis Allocated $10.5 Million IRA Section 48C Tax Credits by DOE and IRS for Biofuels Plant Efficiency Projects
(Aemetis/Globe Newswire) Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company focused on low and negative carbon intensity products, today announced that it received an allocation of $10.5 million of Inflation Reduction Act (IRA) tax credits by the
April 09, 2024 Read Full Article
Avina Unveils Plans for Cutting-Edge Sustainable Aviation Fuel Plant in the Midwest, Forges Alliance for Low-Carbon Ethanol Supply
(Avina/Globe Newswire) Avina, a leading developer of clean hydrogen and derivative fuels solutions, is thrilled to announce plans for a cutting-edge Sustainable Aviation Fuel (SAF) plant in the Midwest region set to commence operations in 2027. The facility, engineered to produce 120
April 04, 2024 Read Full Article
LanzaJet Is Proud to Be Named One of Fortune’s Most Innovative Companies.
(LanzaJet) Fortune magazine’s annual list shines a spotlight on the top companies in the U.S. that have made the biggest impact in innovation. LanzaJet ranked #8 overall in culture and #22 in product. This recognition is a nod to our team’s do-more attitude
March 28, 2024 Read Full Article
Repsol and Bunge Create a Partnership in Spain to Boost Supply of Renewable Fuels
(Repsol) - Through this strategic agreement, Repsol increases its access to the feedstock needed to reach its goal of producing up to 1.7 million tons of renewable fuels by 2027. - The collaboration is another step forward in Bunge’s long-term
March 27, 2024 Read Full Article
The Digest’s 2024 Multi-Slide Guide to Synonym
by Jim Lane (Biofuels Digest) Synonym is a financing and development platform for essential biomanufacturing infrastructure. Based on a team of cross‑functional experts, they are partnering with synthetic biology companies and capital providers to enable fermentation at scale. CIO Brentan Alexander took
March 27, 2024 Read Full Article
Aemetis Approved by USCIS for $200 million of EB-5 Investment in Biogas, SAF and Carbon Sequestration Projects
(Aemetis) Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company focused on low and negative carbon intensity products, today (March 21, 2024) announced approval by U.S. Citizenship and Immigration Services (USCIS) of $200 million of EB-5 program investment for
March 22, 2024 Read Full Article
World Energy Invited to Submit Part II Application for the U.S. Department of Energy Loan Guarantee
(World Energy) World Energy, LLC, a low-carbon solutions pioneer and leading SAF producer, today announced it has been invited by the U.S. Department of Energy (DOE) to submit the Part II Application for an approximately $2 billion loan guarantee through the
March 20, 2024 Read Full Article
Bold Goals Action Group Releases 40 Bold Actions to Accelerate the Bioeconomy
by Jim Lane (Biofuels Digest) In Washington, the Bold Goals Action Group released the final text of the 40 Bold Actions to Accelerate at ABLC 2024. The release capped a year-long, multi-national effort by bioeconomy stakeholders to define specific actions that
March 16, 2024 Read Full Article
French Tech: Sublime Energie Wants to Facilitate Agricultural Methanization
by Camille Wong (Les Echos) This mission-driven company specializes in the liquefaction of biogas from organic agricultural waste. It has just raised 11.5 million euros to manufacture fuel for mobility. -- The start-up Sublime Energie, a spin-off from Mines ParisTech, has developed
March 12, 2024 Read Full Article
Vanguard Renewables 10 Years On
by Jim Lane and John Hanselman (Biofuels Digest) “In this period of a very, very short timeframe over several months, back in 2012. for a series of completely disassociated reasons. I had a whole bunch of kind of folks coming to
March 12, 2024 Read Full Article
Brazil in the G-20 Presidency and the Global Biofuels Alliance
by Jefferson dos Santos Estevo* and Laís Forti Thomaz** (Advanced Biofuels USA) The Global Biofuels Alliance (GBA) was launched in October 2023 during the 18th G-20 Summit in India. That country held the rotating presidency of the group, which consists of 19 countries
March 09, 2024 Read Full Article
Canada Backs World Energy GH2’s Green Hydrogen Project with $95M
by Ajsa Habibic (Offshore Energy) The Government of Canada has agreed to support the development of Project Nujio’qonik, the country’s first commercial-scale green hydrogen/ammonia facility on the west coast of Newfoundland and Labrador.-- To this end, World Energy GH2, the developer of
March 08, 2024 Read Full Article
Trafigura to Acquire Greenergy
(Greenergy) Trafigura Group Pte Ltd and Greenergy, a UK-based supplier of road fuels and a major biodiesel producer, today announce that Trafigura has agreed to acquire Greenergy’s European business from Brookfield Asset Management and its listed affiliate Brookfield Business Partners for
March 05, 2024 Read Full Article
The Digest’s 2024 Multi-Slide Guide to the State of Advanced Biorefineries
by Jim Lane (Biofuels Digest) In this presentation, we explored the challenges faced by advanced biorefinery developers in shifting energy towards low carbon alternatives — new processes, structuring multiple feedstocks and products within one vision, new feedstocks, the role of low