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
Financing
Back TO HOMEPodcast -- 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
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
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
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
March 05, 2024 Read Full Article
Vilsack Says He’s Confident in E15 Emergency Waiver, Discusses USDA’s SAF Advocacy
by Erin Voegele (Ethanol Producer Magazine) Agriculture Secretary Tom Vilsack expressed confidence that the U.S. EPA will issue an emergency waiver to allow E15 to remain available this summer and discussed the USDA’s ongoing efforts with regard to sustainable aviation fuel
March 01, 2024 Read Full Article
Shell-Backed Ethanol Firm Considers Making Sustainable Jet Fuel in Brazil
by Dayanne Sousa (BNN Bloomberg) The world’s biggest supplier of ethanol made from sugar cane is considering building a sustainable jet fuel plant in its home country of Brazil. “We truly believe that there is a structural advantage to producing in Brazil,”
February 29, 2024 Read Full Article
Cathay United Bank’s Singapore Branch Signs 1st Green Trade Loan with Apeiron to Boost Low-Carbon Transport
(Cathay United Bank/Biobased Diesel Daily) Cathay United Bank’s Singapore branch saw its long-term commitment to green finance bear fruit in the final quarter of last year after it closed a green trade-loan deal with Apeiron Bioenergy, a leading player in Singapore’s sustainable-energy sector, CUB announced
February 27, 2024 Read Full Article
Singapore Announces Rising SAF Blending Targets from 2026, to Be Partly Funded by a Passenger Levy
by Tony Harrington (GreenAir Online) Coinciding with the start of the 2024 Singapore Airshow, the Singapore government has announced a 1% blending target for sustainable aviation fuel with effect from 2026, rising to 3-5% by 2030, and partly funded by a
February 27, 2024 Read Full Article
OMV Petrom Signs Financing through the National Recovery and Resilience Plan (NRRP)* for Two Green Hydrogen Production Projects at Petrobrazi Refinery
(OMV Petrom) The funding was obtained following the reopening of the call for projects related to NRRP; Total investment for the two projects is estimated at approximately EUR 140 million; Maximum amount of NRRP funding is EUR 50 million February 26, 2024 - OMV
February 27, 2024 Read Full Article
You Can Help Expand Access to Development Capital & Federal Funding to Advance Game-Changing Bioeconomy Projects, … and Mitigate the Climate Crisis
by CJ Evans (Alternative Fuels & Chemicals Coalition/Project Financing Assistance/Biofuels Digest) You can make a difference. You can raise your voice and make your voice heard … you can help create a grant program within the federal government to provide development capital
February 27, 2024 Read Full Article
Maryland Clean Energy Center (MCEC) Launches the Climate Catalytic Fund Q&A webinar on March 7; DEADLINE March 26, 2024
(Maryland Clean Energy Center) Today, the Maryland Clean Energy Center (MCEC) is launching the Climate Catalytic Fund (C3 Fund), to support projects that implement clean energy measures and technologies intended to help reduce greenhouse gas emissions and mitigate the impact of
February 26, 2024 Read Full Article
Unsolicited Proposals, Needed: More Access, More Flexibility, More Funding to Advance Game-Changing Projects
by CJ Evans (Alternative Fuels & Chemicals Coalition/Project Financing Assistance/Biofuels Digest) Time is of the Essence in Addressing the Climate Crisis… every technology and innovation that can help needs to be deployed as rapidly as possible. Unfortunately, five obstacles stand in
February 26, 2024 Read Full Article
Going for the Benjamins: Here’s How Access to Development Capital Can be Improved
by CJ Evans (Alternative Fuels & Chemicals Coalition/Project Financing Assistance/Biofuels Digest) The Alternative Fuels & Chemicals Coalition (AFCC) has drafted legislation to create a $500 million development capital grant program in the Department of Energy’s (DOE’s) Loan Programs Office (LPO). You can help
February 26, 2024 Read Full Article
Cepsa and Bio-Oils Begin Construction on the Largest 2G Biofuels Plant in Southern Europe with Investment of 1.2 Billion Euros
(Crepsa) -The facility will double Cepsa's and Bio-Oils' current second-generation biofuels production capacity to 1 million tons -The new plant will begin production in 2026 and is expected to generate 2,000 direct and indirect jobs during construction and operation -2G biofuels, produced
February 23, 2024 Read Full Article
European Hydrogen Bank Pilot Auction: 132 Bids Received from 17 European Countries
(European Commission) The pilot auction under the European Hydrogen Bank, for renewable hydrogen production in Europe, has attracted 132 bids from projects located in 17 European countries. The total support requested far exceeds the currently available budget of €800 million, provided by the Innovation Fund. Kurt Vandenberghe,
February 23, 2024 Read Full Article
Neste Renews Green Finance Framework
(Neste) Neste has published a renewed Green Finance Framework to align future financing activities with market best practices and standards. Neste published its first Green Finance Framework in 2021 and since then has issued four green bonds totalling EUR 2.1 billion and
February 22, 2024 Read Full Article
Proposed Louisiana Green Fuels Project Pivots to SAF
(Sumitomo Corporation of Americas/SAF Magazine) Strategic Biofuels, the leader in developing deeply negative carbon footprint renewable fuel plants, and Sumitomo Corporation of Americas (SCOA), a subsidiary of Sumitomo Corp., a leading Fortune 500 global trading and business investment company dedicated to
February 21, 2024 Read Full Article
How to Secure Offtake for Uour First-of-Its-Kind Project
by Steve Weiss (Grey Heron/Biofuels Digest) At a recent bioeconomy-focused ABLC conference I counted over a dozen companies striving to ‘bring to life’ first-of-its-kind (FOIK) projects, in renewable chemicals, fuels or materials – typically requiring hundreds of millions each in financing.
February 20, 2024 Read Full Article
Producing Transportation Fuels, Electrical Power, and Chemicals in a Circular Bioeconomy
Timothy J. Donohue (National Academy of Engineering) Renewable raw materials can be exploited as alternatives to fossil fuel–based liquid transportation fuels, electrical power, and chemicals. -- Among today’s greatest challenges is the development of sustainable and cost-effective ways to produce sufficient transportation
February 19, 2024 Read Full Article
Lake Charles Methanol Announces Plans for $3.2 Billion Renewable Methanol Plant
by AnaClare Barras (KPLC TV) Lake Charles Methanol announced plans for a new $3.2 billion manufacturing plant at the Port of Lake Charles that would turn natural gas and renewable gas feedstocks into blue methanol. Methanol, which is found in hundreds of products,
February 19, 2024 Read Full Article
Singapore Start-up Green COP Poised to Establish Pilot Biofuels Plant with Funding
(Manifold Times) Firm garnered substantial funding from a curated group of angel investors including corporate investor Ken Energy; to establish a sustainable biofuels pilot plant with a daily production capacity of 1 tonne. ... In a noteworthy development soon to be announced, Green
February 19, 2024 Read Full Article
STX, BioValue Unveil New Financing Structure for Biomethane
by Jim Lane (Biofuels Digest) In the Netherlands, STX Group has unveiled a new structure financing partnership with BioValue for the construction and development of the Groengas Cothen biomethane plant in the Netherlands. The project The new plant adds at least 80GWh of
February 19, 2024 Read Full Article
The Digest’s 2024 Multi-Slide Guide to Boeing and the Journey to SAF at Scale
by Jim Lane (Biofuels Digest) Boeing Regional Director for Sustainability Dale Smith gave this illuminating presentation at ABLC NEXT 2023 in Washington, DC examining global emissions, the rise of SAF in the context of other emissions-limiting measures, and the progress and
February 15, 2024 Read Full Article
Velocys Secures US$40MM of Growth Capital and Begins New Chapter as a Private Sustainable Aviation Fuel Technology Company
(Velocys) Velocys, a leading sustainable aviation fuel (“SAF”) technology company, announces that it has begun a new chapter following the completion of its take-private on 18 January 2024. As part of the transaction, a new consortium of growth investors, including Carbon
February 13, 2024 Read Full Article
Biofuels M&A: 2023 Review & Outlook: A Thriving Industry, but Few M&A Deals
by Bruce Comer, Frank Kim, Zak Putlak, and John Panvica (Ocean Park/Biofuels Digest) The US biofuels sector in 2023 registered the flourishing of new technologies and billions in new investments – and an unprecedented low level of M&A activity: only two
February 13, 2024 Read Full Article
Making Progress in Developing the Market
(Biofuels International) According to Pat Gruber, the CEO of Gevo, in his view, the last 12 months for the biofuels industry can be summarised in one word ‘limbo’. Gruber believes that the company has made progress on things like developing the market,
February 08, 2024 Read Full Article
The Digest’s 2024 Multi-Slide Guide to the State of Hydrogen
by Jim Lane (Biofuels Digest) In this presentation, we explored the challenges faced by global hydrogen producers in shifting towards low carbon hydrogen — new technologies for green hydrogen, new carbon capture opportunities to make blue hydrogen, and much more, including
February 07, 2024 Read Full Article
Zero Emission Shipping Fund proposal submitted to UN to deliver on shipping’s net zero targets
(International Chamber of Shipping) • The International Chamber of Shipping (ICS), the Commonwealth of The Bahamas, and the Republic of Liberia submit detailed proposal to UN IMO for a Zero Emission Shipping Fund to accelerate transition to net zero by 2050. •
February 05, 2024 Read Full Article
BioAdvance Invests 22 Million in Biofuels Factory in Figueira da Foz
by Antonio Larguesa (Eco Sapo (Google Translation)) Company led by Paulo Gaspar builds one of the largest European advanced biofuel units in the Port of Figueira da Foz. It has already reserved land and 50 million for second generation ethanol. -- n industrial investment
January 31, 2024 Read Full Article
Study Identifies Plans for 45 e-Fuel Facilities in Europe, as Norway Leads the Way
by Tony Harrington (GreenAir Online) A new study by European lobby group Transport and Environment (T&E) has identified commitments to build 45 e-kerosene plants in 10 European nations, with combined potential to produce more synthetic aviation fuel by 2030 than required by the
January 31, 2024 Read Full Article
Future Energy Global Launches Sustainable Aviation Fuel Market Accelerator with Aviation Partners Backing
(Aviation Pros) Responding to the pressing need to decarbonize aviation, a world-class team of aviation, Sustainable Aviation Fuel (SAF) and climate experts, are creating a faster path to reach net-zero goals. Future Energy Global, led by former GE Capital Aviation Services (GECAS)
January 26, 2024 Read Full Article
Aemetis Biogas Expands Revenues with First Sale of Low Carbon Fuel Standard Credits
(Aemetis) Sale completed for LCFS credits issued at -150 Carbon Intensity (CI) Temporary Pathway; Testing and verification has been completed and applications submitted for lower CI Provisional Pathways that are expected to increase LCFS revenues by more than 80% compared to
January 24, 2024 Read Full Article
Green Hydrogen: Italy Planning Pipeline Project with Morocco
(North Africa Post) The Italian government has agreed to finance a feasibility study for building a pipeline destined to transport green hydrogen from Morocco to the European country. This ambitious project has been disclosed lately by Italian MP Debora Serracchiani of the
January 19, 2024 Read Full Article
The Digest’s 2024 Multi-Slide Guide to the State of Sustainable Aviation Fuel 2024
by Jim Lane (Biofuels Digest) This week on ABLC CONNECT, we networked and exchanged information about the world of Sustainable Aviation Fuel, and as part of the proceedings, we had the State of Sustainable Aviation Fuel presentation. The slides are here.
January 17, 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
January 16, 2024 Read Full Article
As 40B GREET Deadline Looms, RFA Offers Recommendations for SAF Emissions Modeling
(Renewable Fuels Association) In a letter submitted to the Biden administration today, the Renewable Fuels Association laid out recommendations for ensuring that the best available science and data are used in determining eligibility for the sustainable aviation fuel (SAF) tax credit established in
January 16, 2024 Read Full Article
OptiFuel’s Total-Zero™ 5600 hp RNG-Electric Line Haul Locomotive and RNG-Powered Tender Are on Track for Testing at the Federal Railroad Administration’s Transportation Technology Center
(OptiFuel Systems) Renewable Natural Gas (RNG) Produced from 100% Existing USA Organic Waste Streams, is the Only Readily Available Turnkey Renewable Fuel with Negative Carbon Intensity, has the Lowest Cost, and can be Conveniently Accessed Through Existing Natural Gas Pipeline Infrastructure
January 12, 2024 Read Full Article
FlyORO Secures USD 1.6 Million in Pre-Series A Round with Impact-Oriented Venture Capital Firms
(FlyORO) Sustainable Aviation Fuel (SAF) startup FlyORO successfully closed a Pre-Series A round, securing USD 1.6 million. The round is led by Audacy Ventures, a venture capital firm dedicated to catalyzing and scaling technology solutions driving the energy transition. The round
January 11, 2024 Read Full Article
Waga Energy Partners with Decatur Hills Landfill to Produce Renewable Natural Gas in Greensburg, Indiana
(Waga Energy/Market Screener) Waga Energy (EPA: WAGA), a global expert in the production of Renewable Natural Gas (RNG) from landfills, signed a commercial agreement with Decatur Hills Landfill, one of the landfills associated with Best Way Disposal, a family-owned waste management
January 09, 2024 Read Full Article
The Digest’s 2024 Multi-Slide Guide to Fidelis New Energy
by Jim Lane (Biofuels Digest) Fidelis New Energy is an energy transition company driving decarbonization through infrastructure development and investments in renewable fuels, low or negative carbon intensity products, and carbon capture and storage through a growing portfolio of proprietary and
January 09, 2024 Read Full Article
The Digest’s 2024 Multi-Slide Guide to Aemetis
by Jim Lane (Biofuels Digest) In this presentation, Aemetis CEO Eric McAfee took the ABLC 2023 stage in Washington DC to outline the company’s milestones ahead, progress to date, technology, financial estimates, policy asks, its portfolio of Carbon Zero One projects,
January 02, 2024 Read Full Article
Comstock Executes First Biorefinery Commercial Agreement
(Comstock) Preliminary Engineering Complete for 100,000 TPY Biointermediate Production at Pulp and Paper Facility -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced execution of agreements with RenFuel K2B AB (“RenFuel”) to advance Comstock’s first commercial biorefinery, including an option
January 02, 2024 Read Full Article
Euronav to Buy CMB.TECH for $1.15 Billion
(Euronav/Marine Link) Belgian tanker operator Euronav and its controlling shareholder CMB have entered into a share purchase agreement for the acquisition of 100% of the shares in cleantech maritime group CMB.TECH for $1.15 billion in cash. Euronav said the transaction is part
December 31, 2023 Read Full Article
Mitsubishi Corporation and Amogy with SK Innovation Join Forces to Unlock the Potential of Amogy's Ammonia Cracking Technology in Japan and South Korea
(Amogy) Mitsubishi Corporation and Amogy are excited to announce a strategic partnership that will focus on accelerating the adoption of Amogy's ammonia-to-power and ammonia cracking technology in large-scale hydrogen carrier applications in East Asia, particularly Japan and South Korea. The joint study set to commence in December
December 22, 2023 Read Full Article
EC Clears EUR-260m German Aid for Hydrogen Production, Storage
(Renewables Now) The European Commission (EC) said on Tuesday it has granted its approval, under EU state aid rules, for a EUR-260-million (USD 285m) German scheme to back the installation of electrolysers for the production of renewable hydrogen and hydrogen storage. The
December 22, 2023 Read Full Article
Episode 1, 2 and 3 of 3: The Voluntary Carbon Offset Market
(Climate Now) The voluntary carbon offset market (VCM) – in which customers can pay for third-parties to avoid emitting CO2 or remove it from the atmosphere on their behalf – has existed for over 30 years, and has been controversial for
December 21, 2023 Read Full Article
OCOchem Raises $5 Million in Seed Funding Led by TO VC
(OCOchem) The climate tech company’s innovation converts CO2 and water into sustainable platform molecules for use in agriculture, energy, and transportation. -- Carbon conversion startup OCOchem has raised $5 million in Seed funding from lead investor TO VC. INPEX Corp. (IPXHF.NaE), the LCY Lee Family Office, and MIH Capital Management also participated
December 19, 2023 Read Full Article
Terviva Announces Strategic Partnership with Mitsubishi Corporation
(Terviva/Newswire) With Mitsubishi Corporation’s partnership, Terviva marks a key milestone in the advancement of a pongamia tree-based business platform that sinks carbon, improves small-holder livelihoods, and creates a new source for biofuel and food. -- Terviva, an agriculture innovation company, is pleased
December 15, 2023 Read Full Article
Clean Energy Announces up to $400 Million in Financing with Stonepeak to Continue Expansion of Renewable Natural Gas Infrastructure
(Clean Energy) Clean Energy Fuels Corp. (Nasdaq: CLNE) announced that it has entered into a six-year $300 million senior secured term loan with Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets. The credit agreement also provides for
December 15, 2023 Read Full Article
InfraVia Backed Molgas Becomes Titan’s Strategic Partner, with a Capital Injection for a 45% Stake
(Hellenic Shipping News) Titan Energy Holding, the parent company of Titan Clean Fuels (hereafter Titan) closed a successful funding round for a 45% equity stake with further follow-on rights from Molgas Energy, backed by infrastructure fund investor InfraVia Capital Partners. Molgas
December 15, 2023 Read Full Article
Vietjet and Novus Aviation Capital Forge New Financing and SAF Venture
(Aviation Source News) In a move towards sustainable aviation, Vietjet and Novus Aviation Capital, a global aircraft leasing and financing platform based in the UAE, have joined forces. This strategic collaboration, marked by the signing of Memorandums of Understandings (MOUs), aims to
December 14, 2023 Read Full Article
Keppel and GenZero Join Hands to Accelerate Southeast Asia’s Clean Energy Transition
(Keppel) Both parties signed an MOU to explore projects driving early retirement of coal-fired power plants, switch to cleaner energy alternatives and production of sustainable fuels. Keppel Corporation Limited (Keppel), through its Infrastructure Division, and GenZero, a Temasek-owned investment platform company that
December 07, 2023 Read Full Article
COP: Brazil to Invest $40bn in Biofuels by 2037
by y Vinicius Damazio (Argus Media) Brazil's range of clean energy initiatives under the Fuel of the Future program's umbrella should unlock R200bn ($40bn) in financing by 2037, mines and energy minister Alexandre Silveira said at the UN Cop 28 climate summit
December 06, 2023 Read Full Article
Bold Actions to Accelerate the Bioeconomy: Report from Ottawa Meet-up of the Bold Goals Action Group
by Jim Lane (REenergize the Gulf Coast) In Ottawa, on the sidelines of the Jeff Passmore’s SCALING UP meeting, a coalition of the willing known as the Bold Goals Action Group refined and amended a series of 37 Bold Actions that must be
December 05, 2023 Read Full Article
Biomass to Liquid Fuels: We Need Commercial Scale Gen 2 Success
by Doug Rivers (Lee Enterprise Consulting/Biofuels Digest) ... And while advances have been made in the materials handling and pretreatment of these feedstocks, commercial scale attempts produce ethanol have been met with multiple and highly visible failures measured in at least hundreds
December 04, 2023 Read Full Article
Countries, Companies Signal Support for Energy Transition Accelerator
(Rockefeller Foundation/PR Newswire) Today (December 3, 2023) at COP28, the United Nations Climate Change Conference, the U.S. Department of State, the Bezos Earth Fund, and The Rockefeller Foundation presented the core framework of the Energy Transition Accelerator (ETA), an innovative carbon finance
December 04, 2023 Read Full Article
Hydrogen: A Fuel Carrier for Heavy-Duty Commercial Land, Maritime and Aviation Vehicles, and Energy Storage
by Buff Lopez (Cleantech Group) ... Increased penetration of low-carbon hydrogen could play a significant role in industrial grid-load shifting and heavy-industry decarbonization. Low-carbon hydrogen (hydrogen with up to 80% carbon emissions reduction) could displace 94 Mt of grey hydrogen currently
November 30, 2023 Read Full Article
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