(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
Financing
Back TO HOMEOCOchem 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
UN Aviation Meeting Agrees to Goal of 5% Lower Emissions by 2030
by Allison Lampert and Tim Hepher (Reuters) A meeting of more than 100 countries on Friday agreed to an interim goal for emissions reductions from global aviation by 2030 by using less-polluting fuels, but China, Russia and some others aired concerns
November 27, 2023 Read Full Article
Fulcrum Bioenergy, Aiming to Produce ‘Net-Zero’ Jet Fuel From Plastic Waste, Hits Heavy Turbulence
by James Bruggers (Inside Climate News) The California company has defaulted on $289 million in Nevada bonds and put $500 million in financing for a facility in Indiana on hold. Meanwhile, U.S. senators don’t want tax credits financing plastics-to-jet-fuel schemes. -- Six
November 25, 2023 Read Full Article
Accelerating the Deployment of Biofuels Is Crucial to Decarbonize Global Transport Sectors
(IEA Bioenergy) There are major challenges to reach a climate neutral society by 2050, as expressed in IEA’s Net Zero by 2050 roadmap. Among different sectors, transport is proving to be a very difficult sector to decarbonize. It implies moving away
November 25, 2023 Read Full Article
European Ministers Urged to Streamline Renewable Hydrogen Financing
by Aida Čučuk (Offshore Energy) In a joint letter, CEOs from the Renewable Hydrogen Coalition (RHC) have urged European Ministers of Finance to streamline financing to renewable hydrogen and electrolyzer manufacturing capacity within Europe and allocate national budgets to the European Hydrogen
November 24, 2023 Read Full Article
Monarch Energy and LS Power Announce Green Hydrogen Partnership
(LS Power/PR Newswire) Newly Formed Clean Hydrogen Fuels, LLC will develop green hydrogen projects across the U.S. -- Monarch Energy, a California-based green hydrogen project developer, and LS Power, a New York-headquartered North American Power and Energy Infrastructure manager, have formed a partnership to
November 24, 2023 Read Full Article
The Digest’s 2023 Multi-Slide Guide to BDNE and the Circular Carbon Bioeconomy
by Jim Lane (Biofuels Digest) BDNE was formed In 2019 to commercialize proprietary Biofine technology and is the exclusive Licensee of the IP Portfolio for the Northeast Region. This is a patented continuous chemical conversion process, enabling the economic production of
November 23, 2023 Read Full Article
Macquarie Asset Management Invests in a Leading SAF Platform SkyNRG
(Macquarie Asset Management) Macquarie Asset Management will support the growth of Sustainable Aviation Fuels (SAF) with an initial investment of up to €175 million in SkyNRG via the Macquarie GIG Energy Transition Solutions (MGETS) Fund. This new investment led by Macquarie Asset
November 23, 2023 Read Full Article
Hydrogen Giant’s Money Problems Show Industry Growing Pain
by Christine Mui (E&E News Energywire) A fuel cell developer aiming to build North America’s first “green” hydrogen supply network is running into financial troubles and facing skepticism from Wall Street analysts, dealing a setback to a technology at the center
November 22, 2023 Read Full Article
SWITCH Maritime Secures $10M to Expand Hydrogen and Electric Ferry Fleet in US
(SWITCh Maritime/Business Wire) SWITCH Maritime LLC, a US-based company developing electrified, zero-emission ferries powered by battery and hydrogen fuel cell, has raised $10 million in a Series A round led by Nexus Development Capital to grow its fleet. Founded in 2018
November 21, 2023 Read Full Article
Two Renewable Natural Gas Facilities Now Operating in Upper Piedmont, Foothills Landfills
(Republic Services/PR Newswire) EVENSOL LLC, a renewable energy project developer focusing on biogas and methane mitigation, announces that it has developed two renewable natural gas ("RNG") facilities in North Carolina that are now operational. The Foothills Renewables Project in Caldwell County, NC, and the
November 15, 2023 Read Full Article
Sustane Technologies Secures First Commercial Customer for Waste Plastic-Derived Diesel
(Sustane Technologies/Canadian Biomass Magazine) Sustane Technologies announced Payless Fuels as the first customer for its waste-plastic-derived fuel, a major milestone. By processing plastic that would otherwise have gone to the landfill, Sustane is making a market-grade fuel that can replace traditional fuel
November 15, 2023 Read Full Article
Adding to the Low-Carbon Economy: Colombia's ValueSkies
(Biofuels International) ... ValueSkies is a Colombian development company focused on the structuring and implementation of projects to produce SAF, renewable diesel, green chemistry, and second-generation pellets with a high social and environmental impact. The company’s approach is to produce drop-in low-carbon
November 09, 2023 Read Full Article
Securing Hydrogen Off-take and Getting Projects Past Financial Close --- November 23, 2023 --- ONLINE
By 2030, hydrogen will play a crucial role in the EU’s aim of reducing greenhouse gas emissions by 55%. Today, over 90% of hydrogen projects have yet to reach financial close. With so much untapped potential on the table, how
November 09, 2023 Read Full Article
GreenFin: The Premier Sustainable Finance and Investing Event --- June 18-20, 2024 --- New York, NY
GreenFin 24 will convene an influential audience of finance, investment and sustainability professionals to share insights, address key challenges and showcase leading sustainable financial products and services. READ MORE
November 09, 2023 Read Full Article
The Digest’s 2023 Multi-Slide Guide to the Impact of the Inflation Reduction Act
by Jim Lane (Biofuels Digest) IRA, everyone has heard about it — what does it mean? The IRA has been billed as the largest clean energy infrastructure investment in United States history. It allotted $370B to the development and promotion of
November 09, 2023 Read Full Article
The Digest’s 2023 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
November 06, 2023 Read Full Article
Nick Andrews Takes His Hat Off: The Making of the Historic Southwest Airlines/USA BioEnergy SAF Pact
by Jim Lane (Biofuels Digest) ... Historic not just for the large volume, but for the 20-year length of the agreement, something called by the financial industry the “tenor of the loan”. As tenors go, this one is right up there with
November 06, 2023 Read Full Article
LanzaTech Forms Joint Venture with Olayan Financing Company to Deploy Carbon Recycling Technology in Saudi Arabia
(LanzaTech) LanzaTech Global, Inc. (NASDAQ: LNZA), the carbon recycling company transforming waste carbon into sustainable raw materials, and Olayan Financing Company (OFC), the parent company of The Olayan Group’s businesses and investments in Saudi Arabia and the Middle East, have formed a joint venture
November 01, 2023 Read Full Article
Bold Actions to Accelerate the Bioeconomy: Findings from the Bold Goals Action Group
by Jim Lane (Biofuels Digest) In San Francisco on the sidelines of the ABLC NEXT 2023 meeting, a coalition of the willing called the Bold Goals Action Group outlined a series of 31 Bold Actions that must be taken by industry
October 31, 2023 Read Full Article
EU's Push on Hydrogen Infrastructure Alarms Green Groups
by John Ainger and Samuel Stolton (Bloomberg/Windsor Star) The European Union is backing its commitment to spur a nascent hydrogen market in the region by unlocking billions of euros of funding for cross-border infrastructure projects, a move environmental groups fear could
October 25, 2023 Read Full Article
Copenhagen Infrastructure Partners Closes $2.1 Billion Biofuels, Renewable Energy Funds
by Sydney Leimbach (Environment + Energy Leader) Copenhagen Infrastructure Partners has closed on two new funds, with a combined total of $2.1 billion, that will go toward biofuels and renewable energy. The two new funds include CI Advanced Bioenergy Fund I (CI ABF
October 24, 2023 Read Full Article
Largest Used Cooking Oil Collector in Sri Lanka Merges with Advaith Biofuels Ltd
(Advaith Biofuels LTD, India/EIN Presswire) Advaith Biofuels LTD, India and Novateq solutions Pvt Ltd, Sri Lanka announce merger for Sri Lankan operations -- Advait Biofuels Ltd a leading collector of used cooking oil having collection facilities in India and Indonesia has
October 18, 2023 Read Full Article
Episode 90: How Biotechs Survive the Valley of Death
(Biotechnology Innovation Organization) For biotech companies, the valley of death describes the difficult path from initial discovery to FDA approval and commercialization. It's a treacherous journey—one that even promising innovations often don't complete. Adequate funding, regulatory hurdles and the immense
October 18, 2023 Read Full Article
ACE Promotes HBIIP And E15 Compatibility At 2023 Fuel Market Trade Shows
(American Coalition for Ethanol) The American Coalition for Ethanol is rounding out its 2023 petroleum marketer trade show season at the National Association of Convenience Stores show, Oct. 3-6 in Atlanta, Georgia. The event is the world's largest annual gathering of
October 11, 2023 Read Full Article
25 Bold Actions to Accelerate Global Bioeconomy Deployment: Results from the 9/22/23 Meet-up of the Bold Goals Action Group in Sydney
by Jim Lane (Biofuels Digest) In Australia, at the initial meet-up of the global Bold Goals Action Group, leaders of the global bioeconomy, a “coalition of the willing”, established a draft of 25 Bold Actions that, if achieved by the various stakeholders in
September 29, 2023 Read Full Article
Elyse Energy Signs e-Fuels Financing Deal with Hy24 and Mirova
(Elyse Energy) Elyse Energy, one of the leading European players in e-fuels, today announces a financing transaction with Hy24 and Mirova to support the development of its e-methanol and sustainable aviation fuels (SAF) projects in France and Spain. Hy24, managing the
September 28, 2023 Read Full Article
African Nations Set to Visit India for Ethanol Blending, Biogas Studies
by Subhayan Chakraborty (Business Standard) Kenya, Tanzania, and Uganda keen to replicate India's ethanol blending, biogas initiatives -- Close on the heels of its historic outreach to African nations and the successful launch of the Global Biofuel Alliance (GBA), India will soon welcome
September 21, 2023 Read Full Article
Bold Goals Action Leadership Events --- September 22, 2023 - May 2024 and TBA --- various locations around the world
Biofuels Digest is unveiling the first in a series of ground-up, global initiatives to help spark and synchronize a faster pace of bioeconomy development. Our first initiative is a series of meet-ups to begin the task of organizing the volunteers that
September 18, 2023 Read Full Article
Finding the Private Benjamins: Bridging the Dev Cap Gap
by Matt Lucas (Tuatara Development Capital/Biofuels Digest) We read with interest CJ Evan’s piece about the need for development capital (“Dev Cap”) to expedite the development and deployment of projects in the energy transition space. CJ is completely correct: Dev Cap is both incredibly
September 18, 2023 Read Full Article
Rastetter Testimony Sought for Evidence of Summit’s ‘Anticompetitive’ Agreements
by Jared Strong (Iowa Capital Dispatch) Bruce Rastetter, the influential co-founder of Summit Carbon Solutions, should be subpoenaed to testify to state regulators in support of his company’s carbon dioxide pipeline proposal, according to the daughter of a landowner who is
September 12, 2023 Read Full Article
Development Capital – the Lifeblood of Every New Initiative Is Much Too Hard to Obtain
by CJ Evans (American Diversified Enterprises/ Alternative Fuels & Chemicals coalition/Biofuels Digest) ... First, every project being developed – every one that is needed to mitigate the climate crisis – only can advance with infusions, sometimes large infusions, of development capital. For example, a typical $1
September 12, 2023 Read Full Article
ACE Presents Grassroots Award to Lundebrek
by Cindy Zimmerman (Energy.AgWired.com) Jan Lundebrek, Chippewa Valley Ethanol Company (CVEC), has been a fixture at ethanol industry meetings for decades and this year the American Coalition for Ethanol recognized her unwavering dedication with the ACE Grassroots Award. The strength of ACE is found within
August 31, 2023 Read Full Article
New Challenge Backed by Salesforce, Industry Leaders Aims to Accelerate Sustainable Aviation
(Salesforce/Biobased Diesel Daily) Salesforce, Airbus, Breakthrough Energy, Boom Supersonic, Deloitte, JetBlue Ventures, Qantas Airways Ltd., and World Energy launched a call Aug. 24 for ecopreneurs to submit innovative solutions to support the decarbonization of the aviation sector. This initiative is a collaboration
August 29, 2023 Read Full Article
EU Infrastructure Fund Eyes African Clean Jet Fuel Projects
by Wendell Roelf (Reuters) EU to weigh co-financing, guarantees of proposed plants; Africa has 'great potential' to produce SAF - EU official -- The European Union is scouting Africa to back clean jet fuel projects under its Global Gateway infrastructure fund, an
August 29, 2023 Read Full Article
Navigating the Financial Skyways: Financing SAF Projects in the US
by Todd Taylor (SAF Magazine/Avisen Legal) The pivot to SAF is not just a matter of overcoming technical and logistical roadblocks—it requires navigating an intricate financial labyrinth. ... Notably, equity and debt financing play pivotal roles in shaping the financial landscape of SAF
August 28, 2023 Read Full Article
On Top of SAF: ... Topsoe Believes All Possible Pathways Are Needed—but for Most, Investment Costs Remain High.
by Susanne Retka Schill (SAF Magazine) U.S. SAF goals are lofty. New tax credits provide real incentives. Multiple technologies are ready to roll. Opportunities lie ahead. But the challenges are complex, Henrik Rasmussen, Topsoe’s managing director for the Americas, tells SAF Magazine.
August 25, 2023 Read Full Article
The Digest’s 2023 Multi-Slide Guide to Infinium
by Jim Lane (Biofuels Digest) Infinium is a Commercial Scale decarbonization Platform for heavy transport, utilizing existing infrastructure for lower emissions today. Infinium’s production process uses renewable power, waste CO2 and water and, unlike most of today’s SAF and Renewable Diesel,
August 23, 2023 Read Full Article
The Digest's 2023 Multi-Slide Guide to the State of Carbon Capture and eFuels
by Jim Lane (Biofuels Digest) Here’s the State of Carbon Capture and eFuels presentation from the ABLC CONNECT series episode. Current and expected demand, technologies, supply chain, projects of note, current news, key players — a comprehensive but compact look at
August 22, 2023 Read Full Article
REGA Energy Group Completes 60M€ Funding Round
(REGA Energy Group) REGA Energy Group completed an additional funding round of EUR 60 M with current investor SWEN Capital Partners, a leading European infrastructure fund specialized in biomethane and green hydrogen. "We are delighted to further support REGA in its growth.
August 15, 2023 Read Full Article
The Digest’s 2023 Multi-Slide Guide to the State of Advanced Biorefineries
by Jim Lane (Biofuels Digest) Here’s the State of Advanced Biorefineries presentation from the ABLC CONNECT series episode. Current and expected demand, technologies, supply chain, projects of note, current news, key players — a comprehensive but compact look at the industry in this
August 15, 2023 Read Full Article
EPA Opens $20 Billion in Grant Competitions to Create National Clean-Financing Network
(U.S. Environmental Protection Agency) U.S. EPA launched two notice-of-funding opportunities (NOFOs) for $20 billion across two grant competitions under the $27 billion Greenhouse Gas Reduction Fund, an Inflation Reduction Act program. These competitive grant opportunities will mobilize private capital into clean-technology projects. “The
August 14, 2023 Read Full Article
Ukraine, Europe Back Biomethane—Shouldn’t We?
by Johannes Escudero (Coalition for Renewable Natural Gas/Biomass Magazine) ... Ukraine expects biomethane to play a key role in reducing its reliance on natural gas imports in coming years, amid a broader wave of support for new renewable gas facilities across Europe.
August 14, 2023 Read Full Article
Mote Kicks off Second Biomass to Hydrogen Project in Northern California
(Mote/Business Wire) The biomass-to-hydrogen startup is partnering with Sacramento Municipal Utility District (SMUD) to expand its operations to a second location supported by $1.2M in grants from the US Forest Service, the California Department of Conservation, and the California Department of
August 11, 2023 Read Full Article
Aemetis Reports Progress with RNG, SAF and Ethanol Projects
by Erin Voegele (Ethanol Producer Magazine) Aemetis Inc. released second quarter financial results on Aug. 3, reporting progress with the development of its dairy renewable natural gas (RNG) project and its proposed renewable diesel and sustainable aviation fuel (SAF) biorefinery. The
August 08, 2023 Read Full Article
Bold Biofuel Ambitions: This Is an Important Year for India
(Biofuels International) This is an important year for India with the country holding the G20 presidency through to the end of November, giving the nation’s leaders several opportunities to help shape future policies and programmes across many sectors, including their already-declared
August 03, 2023 Read Full Article
The Digest’s 2023 Multi-Slide Guide to Ecostrat and Bioeconomy Development Opportunity Zones
by Jim Lane (Biofuels Digest) Jordan Solomon of EcoStrat presented these slides at ABLC 2023 in a look at BioEconomy Development Opportunity Zones — the rationale, the early adopters, the results to date, the process, the features and the benefits. READ
July 27, 2023 Read Full Article
Aviation Sector Buys into Cutting-Edge Ways to Reduce CO2 Footprint
by Ken Silverstein (Forbes) ... To that end, a new plant is breaking ground today in Washington State to transform CO2 into jet fuel — a technology that could clean up air travel. The U.S. Air Force has tested the product, affirming that
July 21, 2023 Read Full Article
Willis Lease Finance Corporation Undertakes New, Innovative “Power-to-Liquid” (PtL) Sustainable Aviation Fuel (SAF) Project
(Willis Lease Finance Corp./Globe Newswire/Yahoo!) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”), a leading lessor of commercial aircraft engines and provider of global aviation service operations for more than 45 years, today announced an innovative project to develop and
July 20, 2023 Read Full Article
Willis Lease Finance Corporation Undertakes New, Innovative “Power-to-Liquid” (PtL) Sustainable Aviation Fuel (SAF) Project
(Willis Lease Finance Corp./Globe Newswire/Yahoo!) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”), a leading lessor of commercial aircraft engines and provider of global aviation service operations for more than 45 years, today announced an innovative project to develop and
July 20, 2023 Read Full Article
The Urgent Need for Ethanol Cooking in Africa
by Douglas L. Faulkner (“The Cleantech Conservative”) and Gerard J. Ostheimer (Clean Energy Ministerial Biofuture Campaign) (Biofuels Digest) We have argued in the Digest that bio-based fuels, chemicals, and materials ought to be a cornerstone of the modern African economy. In
July 12, 2023 Read Full Article
Offshore Hydrogen Production on a New Scale: HOPE Project and its Consortium Selected for a €20 Million European Commission Grant
(Lhyfe) The HOPE (Hydrogen Offshore Production for Europe) project is being coordinated by Lhyfe (France) and implemented by eight European partners: Alfa Laval (Denmark), Plug (the Netherlands), Strohm (the Netherlands), EDP NEW (Portugal), ERM (France), CEA (France), POM-West-Vlaanderen (Belgium) and
July 03, 2023 Read Full Article
Pathward and Avolta Partnership Brings Two Renewable Natural Gas Projects at Arizona Dairy Farms to Realization
(Pathward) ... “The projects have begun injecting RNG into the Southwest Gas pipeline for distribution. Avolta has partnered with U.S. Gain to distribute the RNG as an ultra-low carbon transportation fuel in California and other LCFS (Low Carbon Fuel Standard)
June 30, 2023 Read Full Article
Aemetis RNG Production Exceeds Plan by 20% during Q2 2023
(Aemetis) Seven dairy digesters, 40-mile biogas pipeline, centralized Biogas-to-RNG facility, and utility pipeline interconnection are operating 24×7 to deliver RNG for the displacement of petroleum-based fuels in trucks, buses, and cars -- Aemetis, Inc.(NASDAQ: AMTX), a renewable natural gas (RNG) and
June 29, 2023 Read Full Article
Centre Extends Timeline for Disbursement of Loan/Completion of Ethanol Projects up to 30 Sep 2023.
(India Ministry of Consumer Affairs, Food & Public Distribution) Ethanol Production Capacity reaches all time highest to 1,244 Crore Litres; Record Distilleries Supply Over 310 Crore Liters of Ethanol to Oil market companies by 11th June 2023; Extended Timeline for Ethanol Projects Boosts
June 27, 2023 Read Full Article
Carper, Capito Introduce Bill to Reauthorize the Diesel Emissions Reduction Act
(U.S. Senate Committee on Environment and Public Works/EIN Presswire) U.S. Senators Tom Carper (D-Del.), Chairman of the Senate Environment and Public Works (EPW) Committee, and Shelley Moore Capito (R-W.Va.), Ranking Member of the EPW Committee, along with Senators Cory Booker (D-N.J.)
June 26, 2023 Read Full Article
Not My Dad’s Ethanol
by Jim Kendrick (Biofuels Digest) As I attended the 39th annual International Fuel Ethanol Workshop & Expo in Omaha, Nebraska held June 12-14, memories of dinner table lessons received as the son of an Ag Economics professor come back to
June 26, 2023 Read Full Article
Chile: EU, EIB and KfW to Finance renewable hydrogen projects with up to €216.5 million
(EE Online/European Investment Bank) The Team Europe Renewable Hydrogen Funding Platform for Chile will support Chile's renewable hydrogen industry and help meet the country's target of 100% clean energy by 2050. Today (June 14) the European Investment Bank (EIB), KfW Development Bank, Corporación de
June 22, 2023 Read Full Article
An Emerging Bonanza in Ethanol-Focused Carbon Capture?
by Jim Kendrick (Biofuels Digest) The US carbon capture market has grown, experts say, to $13 billion in 2023 and according to ExxonMobil is on the way to $4 trillion. That could mean that a bonanza for infrastructure in the form
June 19, 2023 Read Full Article
Tax Incentives 2023: Optimizing Post-IRA Opportunities --- October 4-5, 2023 --- Houston, TX
Get Up to Speed on Optimizing the Use of Tax Incentives From the Most Conequential Clean Energy Finance Legislation in U.S. History -- The enactment of the IRA radically expands the range of projects able to seek tax equity, traditionally fundamental
June 16, 2023 Read Full Article
RYAM Announces the Official Groundbreaking at their 2G Bioethanol Plant in Tartas, France
(Rayonier Advanced Materials) Rayonier Advanced Materials Inc. (NYSE: RYAM, the “Company”), a global leader in the production of high-purity cellulose specialty products, hosted a groundbreaking ceremony at its new second-generation Bioethanol plant located in Tartas, Les Landes France, on Thursday,
June 16, 2023 Read Full Article
The Digest’s 2023 Multi-Slide Guide to Raven SR
by Jim Lane (Biofuels Digest) Raven SR is a clean fuels company that transforms waste – municipal solid waste, organic waste, and methane – into high-quality, clean hydrogen and Fischer-Tropsch synthetic fuels through its patented Steam/CO2 Reforming technology. RavenSR CEO Matt
June 14, 2023 Read Full Article
OXCCU Raises $22 Million to Transform Carbon Dioxide into Sustainable Aviation Fuel
(OXCCU TECH LTD) Developed by Oxford University scientists, OXCCU converts captured carbon dioxide into sustainable aviation fuel to cost-effectively decarbonize air transport; Led by Clean Energy Ventures, the Series A round is composed of new investors including United Airlines and
June 08, 2023 Read Full Article
Countries Must Be Allowed to Prepare Own Plans for Sustainable Aviation Fuel: India
by Jagriti Chandra (The Hindu) India urges support for achieving sustainability in aviation alongside other challenges -- India on May 31 asserted that global mandates for Sustainable Aviation Fuel (SAF) with 2050 as the target year was “too early” and that
June 08, 2023 Read Full Article
Boeing Bets on Startup Equatic with Massive CO2 Removal, Hydrogen Deal
by Alan Ohnsman (Forbes) Boeing is partnering with Equatic, a Los Angeles-based startup that removes carbon from the ocean, in a first-of-its-kind deal to buy a massive amount of carbon credits and green hydrogen that’s likely worth at least $50
June 02, 2023 Read Full Article
Plug Power Makes Major Strategic Move into Finland’s Green Hydrogen Economy with Its Proven PEM Electrolyzer and Liquefaction Technology
(Plug Power/Globe Newswire) Plug plans to develop three green hydrogen production plants in Finland for European markets, working with multiple financial and industrial partners -- Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy,
June 02, 2023 Read Full Article
NJ Ayuk, Author of Bestselling Book A Just Transition: Making Energy Poverty History with an Energy Mix, Speaks at the Invest In African Energy Forum --- June 1, 2023 --- Paris, France
(Black Château) There is an urgent need for the world to recognize and establish an equitable energy solution for the countries of Africa. The bestselling author, Executive Chairman of the African Energy Chamber, and CEO of Centurion Law Group, NJ Ayuk,
May 30, 2023 Read Full Article
The Digest’s 2023 Multi-Slide Guide to Aiga Partners
by Jim Lane (Biofuels Digest) Aiga is a minority-owned business focused on investments in North American-based companies developing sustainable infrastructure assets. The team includes experienced developers, asset managers, energy infrastructure investors, project financiers, and structured investment experts. Our principals have extensive
May 26, 2023 Read Full Article
UAE’s Masdar Targets 1 Million Tonnes of Green Hydrogen by 2030
(Utilities) The company is committed to become a global green hydrogen leader and believes that this target would enable it to save more than six million tonnes of CO2 emissions -- Masdar’s new hydrogen business plans to rapidly scale up and target
May 26, 2023 Read Full Article
NEOM Green-Hydrogen Company Completes Financial Close at a Total Investment Value of USD 8.4 Billion in the World's Largerst Carbon-Free Green Hydrogen Plant
(NEOM) NEOM - Green Hydrogen Company is an equal joint venture by ACWA Power, Air Products and NEOM, building the world’s largest green hydrogen plant to produce green ammonia at scale in 2026. - The project at a total value of
May 26, 2023 Read Full Article
Dubai’s Novus Aviation Capital Launches ‘SAF One’ to Develop Sustainable Fuel Solutions
(Gulf News) The initiative will work with airlines, airports and other stakeholders to develop SAF -- Dubai-based independent aircraft leasing and financing platform Novus Aviation Capital announced the launch of ‘SAF One’ Energy Management Limited, a new platform to develop
May 25, 2023 Read Full Article
What You Need to Know about Results-Based Climate Finance
(World Bank) The World Bank and other development finance institutions have increasingly used Results-Based Climate Finance (RBCF) in developing countries to incentivize climate action and help countries achieve their Nationally Determined Contributions (NDCs) to the Paris Agreement. How will RBCF
May 23, 2023 Read Full Article
H2B2 Electrolysis Technologies, Inc., a Global Green Hydrogen Platform Providing Bespoke Integrated Solutions across the Hydrogen Value Chain, to Go Public on the NASDAQ via a Proposed Business Combination with RMG Acquisition Corp. III
(H2B2 Electrolysis Technologies) • H2B2 offers its customers a full suite of customized end-to-end energy solutions through its ability to design, build, own, and operate fully integrated green hydrogen production facilities, augmented by its in-house capabilities to manufacture small, medium,
May 19, 2023 Read Full Article
Green Hydrogen for Commercial Vehicles – RWE and Westfalen Group Set up Hydrogen Fuel Station in Lingen – Go-Ahead for National Fuel Station Network
(RWE) First H2 fuel station to become operational in 2024 – RWE to supply green hydrogen; RWE and Westfalen Group aim to build about 70 hydrogen fuel stations by 2030 – initially with regional focus on North Rhine-Westphalia and Lower
May 19, 2023 Read Full Article
Aemetis RNG Production Facility Receives EPA Approval for D3 RIN Generation; LCFS Data Collection Completed and Pathway Review In Process at CARB; Six Dairy Digesters Fully Operational
(Aemetis) Operating 40-mile Biogas Pipeline, Central RNG Facility and Utility Interconnect Processes Waste Methane from California Dairy Farms into Renewable Natural Gas for Use as Carbon Negative Transportation Fuel Aemetis/Yahoo!)Aemetis, Inc.(NASDAQ: AMTX), a renewable natural gas and renewable fuels company focused
May 19, 2023 Read Full Article
Altalto SAF Project Completes Necessary Work to Claim 1st Tranche of UK Government Grant
by Ron Kotrba (Biobased Diesel Daily) Velocys plc announced May 10 that its wholly owned subsidiary, Altalto Ltd., has completed the necessary work to claim the first £7 million (USD$8.9 million) tranche of the U.K. government’s £27 million (USD$34.2 million) grant
May 17, 2023 Read Full Article
The Digest’s 2023 Multi-Slide Guide to LanzaTech
by Jim Lane (Biofuels Digest) With proven technology at the nexus of two mandated markets, industrial and consumer — LanzaTech has been on fire in recent months. Here’s more on their commercial operating plants, plants scheduled to complete construction in
May 17, 2023 Read Full Article
France: Morning in the Bioeconomy
by Jim Lane (Biofuels Digest) ... It has been getting better in Brussels in recent months, but it has all been focused on mobility. Everyone wants renewable plastics but when it comes to transformative carbon schemes, it is still in the
May 16, 2023 Read Full Article
The Need for Speed, Cost, Capital, Construction in Bioeconomy Deployment: AMCREF Community Capital and Kore Infrastructure
by Jim Lane (Biofuels Digest) Cost, speed and capital. As the bioeconomy moves from the spring of development to the summer of deployment, the timelines are tight for Net Zero commitments, and streamlining is the order of the day. Two ways
May 11, 2023 Read Full Article
Designer EVs Are Getting in the Way of the Climate Movement
by Owen Bellwood (Jalopnik) A Wired report discusses how eco-conscious choices like switching to an electric vehicle are being overshadowed by the glamor associated with going green. ... But now, a new report from Wired warns that such glamorous solutions to the climate
May 04, 2023 Read Full Article
The Digest’s 2023 Multi-Slide Guide to SRPIND and Breakthrough Innovation
by Jim Lane (Biofuels Digest) Recently, we continued our new online REenergize series aimed at bringing together projects, technologies, finance and thought-leaders for advanced refining and energy production. Our special guest was Dr. Patrick Rose, former director of biotechnology R&D for the
May 03, 2023 Read Full Article
ReFuels Exploring IPO
by Meghan Sapp (Biofuels Digest) In Norway, Refuels N.V., one of Europe’s leading suppliers of renewable biomethane for decarbonization of heavy goods vehicles, intends to have its shares admitted to trading on Euronext Growth Oslo to widen its investor base and strengthen
May 02, 2023 Read Full Article
Kerogen Capital-Formed CelerateX Targets $1 Billion for Clean Energy
by Luis Garcia (Wall Street Jounal) The recently established platform invests in less-popular segments such as geothermal energy and hydrogen fuels -- CelerateX Capital, a clean-energy-focused platform set up by Kerogen Capital and former General Electric Co. executives, aims to raise
April 26, 2023 Read Full Article
Braya Lands $300 Million Investment for Refinery-Conversion Project in Atlantic Canada
(Braya Renewable Fuels) Braya Renewable Fuels announced April 20 a USD$300 million preferred-equity investment from Energy Capital Partners, a leading energy transition-focused investor in the electricity, clean-energy, renewable and sustainable-infrastructure sectors. The investment from ECP completes the financing for the conversion of
April 25, 2023 Read Full Article
The Digest’s 2023 Multi-Slide Guide to the Value Chain Shift in the Market Energy Transition from Triten IAG
by Jim Lane (Biofuels Digest) Renewable projects have a disaggregated value chain, competing and new stakeholders, and a complex technology selection process. Project risk can be reduced, and ROI maximized with accurate project definition, compressed delivery schedules, and expert management.
April 25, 2023 Read Full Article
The Unseen One of Green Ammonia
by Jim Lane (Biofuels Digest) ... You can see from this investment deck slide the kind of numbers we’re looking at here, financially speaking. $5.75 billion in capital to get the projects build and more later in expansion, 4.6 million
April 25, 2023 Read Full Article
South Dakota Corn Will Be Used to Create Sustainable Aviation Fuel
by Ariana Schumacher (West Central Tribune) Gevo plant will produce sustainable biofuel for jets in Lake Preston, South Dakota. -- ... Gevo, a company making biofuel for jets, broke ground on its first commercial scale sustainable aviation fuel facility, Net-Zero 1, in Lake
April 24, 2023 Read Full Article
U.S. Pushes Farmers to Develop A New Crop: Energy
by Keith Schneider (Circle of Blue) ... Despite pushback from environmental groups concerned about increased water pollution from a new tide of farm wastes, developers across the country see opportunities to build ambitious renewable energy projects to convert crops and
April 19, 2023 Read Full Article
Tidewater Renewables Begins Commissioning Process at Renewable Diesel Complex in British Columbia
(Tidewater Renewables/Biobased Diesel Daily) Tidewater Renewables Ltd. announced April 13 initial unit commissioning at its renewable diesel complex and its financing solution to support the completion and start-up of the facility. Following the previously announced capital cost increase, the corporation has significantly
April 18, 2023 Read Full Article
The Road to Lumberton: TerraStar Energy and Emerging Fuels Technology Strike a Deal for Biomass-to-Fuels Scaled to Feedstock
by Jim Lane (Biofuels Digest) ... TerraStar Energy and Emerging Fuels Technology have signed a Memorandum of Understanding to license EFT’s Fischer-Tropsch and Maxx Jet/Maxx Diesel proprietary technology to build a fleet of FLEXplants; small-scale, modular renewable diesel facilities. Small ball Recently the Due Diligence Wolfpack has been
April 18, 2023 Read Full Article
Sixteen Going on Seventeen: It’s Springtime in the Bioeconomy, Where’s Summer?
by Jim Lane (Biofuels Digest) ... We are trying so hard to do so much so fast, the tuneful “better beware, be canny and careful” is good advice for an industry where many feel that too little is happening, too slow. It’s not
April 17, 2023 Read Full Article
RNG & SAF Capital Markets Summit --- July 24-26, 2023 --- Houston, TX
Gather with Industry Leaders from Across the RNG + SAF Value Chains Driving the Massive Capital Deployment & Buildout of Projects Across North America -- The world recognizes the need for renewable natural gas and sustainable aircraft fuels, and these fields
April 12, 2023 Read Full Article
The Digest’s 2023 Multi-Slide Guide to Fidelis New Energy & Grön Fuels
by Jim Lane (Biofuels Digest) Fidelis New Energy is a decarbonization enterprise developing and operating multiple synergistic infrastructure GigaSystems that generate climate-positive, stable, and predictable EBITDA in the following global growth sectors: Renewable Transport Fuels; Carbon Management; Carbon Negative Power
April 12, 2023 Read Full Article
Indonesian Children’s Home Funded through UCO Collection for Biofuels
by Meghan Sapp (Biofuels Digest) In Indonesia, the Government of DKI Jakarta Province alongside Apical, Tanoto Foundation and T.CARE launched Rumah Anak SIGAP (SIGAP Children’s Home), an early childhood center in Ciracas, East Jakarta, a project funded through UCO collection for biofuels.
April 04, 2023 Read Full Article
The Digest’s 2023 Multi-Slide Guide to Bioeconomy Policy and Schmidt Futures
by Jim Lane (Biofuels Digest) Stephanie Batchelor gave this overview of Schmidt Futures at ABLC. READ MORE WATCH Presentation
April 04, 2023 Read Full Article
BioConnect Iowa: Empowering Iowa’s Next Wave of Entrepreneurs
by Jim Lane (Biofuels Digest) Iowa’s well-earned reputation as a bioscience powerhouse stems from the state’s unwavering commitment to innovation and collaboration. Organizations such as BioConnect Iowa, in partnership with the Iowa Economic Development Authority (IEDA), fuel this legacy by helping aspiring entrepreneurs transform
April 03, 2023 Read Full Article
Government of Canada Supports Clean Hydrogen Production through Budget23
(World Energy/PR Newswire) World Energy GH2 applauds measures which will help ensure competitiveness with the US Inflation Reduction Act -- World Energy GH2 congratulates Deputy Prime Minister and Minister of Finance Chrystia Freeland on the tabling of Budget23 "A Made-in-Canada Plan" in the
April 03, 2023 Read Full Article
17 Companies Join Campaign to Make Shipping Greener with Sustainable Biofuel
(GoodShipping) 17 companies will together save 2023 tonnes of CO2 this year by providing several vessels owned by shipping company Samskip with sustainable biofuel. Companies that import or export their freight by vessel generally have little influence on the container
March 31, 2023 Read Full Article
State of the Bioeconomy 2023
by Jim Lane (Biofuels Digest) The opening session of ABLC features the State of the Bioeconomy presentation. Here are the slides from the presentation by Digest editor & publisher Jim Lane on the evening of March 22nd covering advanced ethanol.
March 27, 2023 Read Full Article
Kenya: EIB and Kenya Strengthen Green Hydrogen Cooperation
(European Investment Bank) EIB Vice President confirms EIB support for green hydrogen engagement with President Ruto; New agreement to develop and unlock investment to produce green hydrogen using renewable energy; EIB and Kenya to identify potential green hydrogen investment projects;
March 17, 2023 Read Full Article
Strategic Biofuels Seeks to Further Bolster Louisiana Green Fuels Project Via US DOE Title XVII Loan Guarantee Program
(Strategic Biofuels/Business Wire) Strategic Biofuels Seeks to Further Bolster Louisiana Green Fuels Project Via US DOE Title XVII Loan Guarantee Program. The company has been invited to submit a Part II application to the U.S. Department of Energy’s Title XVII
March 09, 2023 Read Full Article
Want More Bioeconomy Capacity, Sooner? Our 4-Point Plan to Relieve the Investor’s Tour of Terror
by Jim Lane (Biofuels Digest) ... But it is only the world’s second-scariest rollercoaster, because the scariest one is the Tour of Terror in building a bioeconomy project. Strategics bail when oil prices go low; formulator adoption is poorly understood; there’s a
March 06, 2023 Read Full Article
Demanding More from the Biofuel Sector
(Biofuels International) Olivier Mace, owner of Broadmanor Consulting, looks into his crystal ball to analyse the state of the biofuels market as the industry powers ahead into the new year. ... More complexity of target setting and sub-targets, more sectors, more sustainability
March 02, 2023 Read Full Article
The Digest’s 2023 Multi-Slide Guide to the USDA Rural Business-Cooperative Service
by Jim Lane (Biofuels Digest) USDA’s Rural Business-Cooperative Service offers loan guarantees, grants, and technical assistance support of the bioeconomy and access to capital for Commercialization of emerging technologies; Production of biofuels and renewable chemicals and manufacturing of biobased products;
February 23, 2023 Read Full Article
United Rallies Businesses and Consumers with New, First-of-its-Kind $100+ Million Sustainable Flight Fund
(United Airlines/PR Newswire) Investment vehicle supports start-ups focused on the reduction of carbon emissions in aviation through sustainable aviation fuel research, technology and production; Fund starts with more than $100 million investment from United and its inaugural corporate partners like JPMorgan Chase,
February 22, 2023 Read Full Article
The Digest’s 2023 Multi-Slide Guide to Taking Hot Projects from Vision to Reality
by Jim Lane (Biofuels Digest) Renewable projects have a disaggregated value chain, competing and new stakeholders, and a complex technology selection process. Project risk can be reduced, and ROI maximized with accurate project definition, compressed delivery schedules, and expert management.
February 22, 2023 Read Full Article
First in Technology, First in Commercialization, First in the Hearts of the Bioeconomy: a Presidents’ Day Look at LanzaTech
by Jim Lane (Biofuels Digest) ... The timelines of the company’s development may have been pushed back here and there by pandemic, but the patience of LanzaTech’s worldwide cadre of fans was rewarded when news arrived from the Financial Temples of
February 22, 2023 Read Full Article
Farm Economy Boosted by Ethanol Industry
by Brent Barnett (Brownfield Ag News) The latest Rural Mainstreet Index shows the ethanol industry is strengthening the ag economy. Ernie Goss is an economist with Creighton University. “Nine out of 10 bankers said ethanol is very important to their local
February 21, 2023 Read Full Article
Goldman Sachs Asset Management Launches Verdalia Bioenergy
(Goldman Sachs Asset Management/Biomass Magazine) Goldman Sachs Asset Management, through its infrastructure investing business has established Verdalia Bioenergy, a new business focused on developing, acquiring, building and operating biomethane plants across Europe. The investment will aim to contribute to Europe’s decarbonization
February 15, 2023 Read Full Article
Rural Energy for America Program Renewable Energy Systems & Energy Efficiency Improvement Guaranteed Loans & Grants DEADLINE March 31, 2023
(U.S. Department of Transportation) The program provides guaranteed loan financing and grant funding to agricultural producers and rural small businesses for renewable energy systems or to make energy efficiency improvements. Agricultural producers may also apply for new energy efficient equipment
February 15, 2023 Read Full Article
Titan Acquires Two Small Scale LNG Carriers for Bunkering Capability Retrofit
(Titan) Dual-purpose trading and bunkering vessels will provide clean fuel supplier with greater flexibility and ability to supply wider clientele -- Titan, the independent supplier of low and zero-emission fuels, has acquired two small scale LNG carriers – the Seapeak Unikum
January 31, 2023 Read Full Article
The Digest’s 2023 Multi-Slide Guide to Sofinnova Industrial Biotech Portfolio
by Jim Lane (Biofuels Digest) The Sofinnova venture capital mission is to tap the tools and feedstocks of the natural world to drive positive change for the planet while yielding outsized returns to investors. The company’s portfolio includes investments in
January 30, 2023 Read Full Article
HySkies: Fossil-Free Aviation Fuel Receives EU Support
(Vattenfall/CISION) Vattenfall, Shell, LanzaTech and SAS run the HySkies project with the goal of starting the world's first large-scale production of synthetic sustainable aviation fuel (SAF) in Sweden in 2027. The EU's innovation fund is now supporting the project with roughly EUR
January 26, 2023 Read Full Article
refuel.green Receives €1.2m
(refuel.green) refuel.green receives €1.2 million pre-seed financing for more cost-effective production of fuels from renewable electricity (e-fuels) • A total of €1.2 million in fresh capital for particularly innovative technology • refuel.green wins HTGF as lead investor for pre-seed financing • TGFS Technologiegründerfonds Sachsen
January 26, 2023 Read Full Article
New Joint Venture to Help Meet Bulk Liquid-Storage Demand in Taiwan
(Stolt-Nielsen/Biobased Diesel Daily) A joint venture between Stolthaven Terminals and Revivegen Environmental Technology Co. Ltd. was made official Jan. 12 at a ceremony with Taiwan Cooperative Bank in Kaohsiung. Stolthaven Revivegen Kaohsiung Terminal Co. Ltd. (SHRVK) will meet growing customer demand for
January 24, 2023 Read Full Article
New 11 Mgy Biodiesel Project under Development in Southeast Washington State
by Ron Kotrba (Biobased Diesel Daily) A new biodiesel project is being developed in Southeast Washington state. The Port of Whitman County has been awarded a $5 million loan from the Washington State Community Economic Revitalization Board to acquire approximately 100
January 24, 2023 Read Full Article
Carbon Pricing Standards Needed to Accelerate Green Transition
(Bioenergy International) In order to reach 2050 emissions reduction targets, trillions of dollars in public and private capital are needed to adopt and scale green energy technologies. Carbon pricing is essential to unlocking the vault, financial experts told participants at a
January 23, 2023 Read Full Article
The Frog in the Pot: the Winning of Big Friends to Scoop Us out of Climate Peril
by Jim Lane (Biofuels Digest) Winston Churchill once observed that you can rely of the United States to do the right thing, after all the alternatives have been exhausted. We are at this Churchillian moment on climate action, .... ... We are
January 23, 2023 Read Full Article
DOE Finances the World's Largest Clean Hydrogen Storage Facility
(ICF) We analyzed the clean power, hydrogen, and long duration storage markets for this first-of-its-kind project. ... The Advanced Clean Energy Storage (ACES) project in Utah had the potential to become the world’s largest clean hydrogen storage facility—improving reliability for energy-challenged states, particularly
January 18, 2023 Read Full Article
AviLease and SIRC Sign MoU for Production and Distribution of SAF
(Times Aerospace) AviLease, an aircraft lessor, and the Saudi Investment Recycling Company (SIRC) have signed an MoU to launch the production and distribution of sustainable aviation fuel (SAF) in Saudi Arabia. -- he partnership will allow both parties to advance the
January 12, 2023 Read Full Article
Calumet: Montana Renewables Begins Shipping Renewable Diesel
by Erin Voegele (Biomass Magazine) Calumet Specialty Product Partners L.P. on Dec. 29 announced that its Montana Renewables biorefinery generated a full month of on-spec renewable diesel production in December and has commenced rail shipments of the product. Montana Renewables commissioned its
January 11, 2023 Read Full Article
Fixing the Fermentation Squeeze: Liberation Labs Comes out of Stealth with a Farm to Ferm Mission
by Jim Lane (Biofuels Digest) Liberation Labs comes out of stealth with a $20M funding round and a precision fermentation platform for the production of alternative proteins at scale -- News arrives from New York that Mark Warner and his Liberation Labs
January 11, 2023 Read Full Article
Brazil Bank Approves Financing for Biogas Unit
(Bioenergy Insight) The National Bank for Economic and Social Development (BNDES) approved financing of R$ 80 million (€14.2m) for UISA Geo Biogás S/A to build an industrial unit for the production of biomethane and electricity from sugarcane residues in Nova Olympia (MT). In
January 10, 2023 Read Full Article
Who Is Financing Green Shipping?
by Isabelle Gerretsen (China Dialogue Ocean) The international shipping industry is under pressure to decarbonise rapidly, requiring a huge investment drive and policy push from governments -- The shipping industry must invest in new vessels, fuels and infrastructure to achieve its
January 09, 2023 Read Full Article
Never-Opened $300 Million-Plus Biofuels Refinery Facing Foreclosure in Southern Oregon
by Ted Sickinger (The Oregonian/OregonLive) A much-hyped but yet-to-be-completed aviation biofuels refinery in southern Oregon appears to be headed for foreclosure after backers failed to make principal and interest payments on some $300 million in debt. Red Rock Biofuels launched efforts nearly
January 09, 2023 Read Full Article
Synbio Powerlabs Secures € 6.6 Million Funding to Build a Revolutionary Biotechnology Plant for Precision Fermentation
(Nutrecon/NewsWires) Synbio Powerlabs Oy ("Synbio Powerlabs" or the "Company"), a leading Biotech company catalyzing the DNA-Economy by enabling the development of disruptive biotechnologies with precision fermentation, from lab-scale experiments to large scale pilot runs, is pleased to announce it has secured
December 30, 2022 Read Full Article
BNDES Releases Funding for SAF and Green Diesel Projects through the Climate Fund
by Millena Brazil (epbr) Initiative will allow investments with interest rates of 1% per year; promotion of biofuels was articulated by the Fuel of the Future program -- The National Bank for Economic and Social Development (BNDES) made funding available for sustainable
December 30, 2022 Read Full Article
Repsol and the EIB Sign a EUR 120m Loan Agreement to Finance the First Advanced Biofuels Plant in Spain
(Repsol) - EIB supports the construction of an innovative advanced biofuels plant in Cartagena, Spain, therefore supporting Repsol’s decarbonisation strategy. - The project, which is fully aligned with the European Green Deal, REPowerEU and the Fit for 55 package, contributes to
December 26, 2022 Read Full Article
Fulcrum Saves Christmas: MSW-to-Fuels Production Begins at Sierra Biofuels
by Jim Lane (Biofuels Digest) From Nevada comes the long-awaited news that Fulcrum BioEnergy has successfully produced a low-carbon synthetic crude oil using landfill waste as a feedstock at its commercial-scale Sierra BioFuels Plant. Sierra is the first and at present the largest landfill
December 21, 2022 Read Full Article
Latin America Emerging as Hot Spot for More Climate-Friendly Jet Fuel
by Allison Lampert and Oliver Griffin (Reuters) Latin America is drawing early investment for jet fuel produced from materials like forest residues and palm oil as emission-conscious airlines scour emerging markets for less-polluting fuel to power flights, industry executives say. ... While
December 19, 2022 Read Full Article
India's Sugarcane-Based Ethanol Plan Has a Big Problem: Water
bySupriya Vohra (Quartz) While India is making a push for ethanol-blended petrol, by incentivizing sugarcane-derived ethanol, concerns remain about the water-guzzling nature of the sugarcane and fair remuneration for farmers. On Nov. 2, the center, as part of its ethanol blending programme
December 19, 2022 Read Full Article
All Hands on Deck Needed to Fulfill Biofuels Promise
by David R. Rubenstein (California Ethanol + Power/Biofuels Digest) ... The proposed rule also includes a system allowing electric vehicle manufacturers to register with the EPA and generate credits based on electric Renewable Identification Numbers for power produced from qualifying renewable
December 13, 2022 Read Full Article
County Approves Bonds for Montana Renewables Conversion Project
by Jenn Rowell (The Electric) ... Montana Renewables will use the proceeds of the bonds to “finance all, or a portion of, the costs of acquiring, constructing, installing, converting, modifying and repurposing infrastructure and improvements…to create a renewable fuels refinery capable
December 06, 2022 Read Full Article
Synova, SABIC, Technip Energies Join Forces to Accelerate Plastic Circularity
by Jim Lane (Biofuels Digest) From Netherlands comes news that Synova, SABIC Global Technologies and Technip Energies have signed a Joint Development and Cooperation Agreement on November 23, 2022 to collaborate on the development and realization of a commercial plant, which will
December 05, 2022 Read Full Article
European Project Studies New Ways to Create Biomethane, Will Be Used to Power Barcelona Buses
(Cetaqua/Alt Fuels) The drastic increase in global temperatures must be stopped imminently to avoid fatal consequences for ecosystems and humanity. To achieve this goal, the European Union has proposed to reduce net greenhouse gas (GHG) emissions by at least 55% by
December 02, 2022 Read Full Article
UK Supports Three South African Bioenergy Projects through Climate Finance Accelerator
by Meghan Sapp (Biofuels Digest) In the UK, 15 new projects from across South Africa have been announced as the second cohort of projects for Climate Finance Accelerator (CFA) South Africa support, following a call for proposals that attracted 166 applications. The
December 02, 2022 Read Full Article
Geo Announces BRL 15 Million for Pilot Production of Aviation Biokerosene
(Millena Brazil/EPBR) Biotechnology company receives approval from Finep to finance part of the project; initial production will be 660 liters per day in biogas plants -- The biotechnology company Geo Biogás & Tech will invest BRL 15 million in a pilot
December 01, 2022 Read Full Article
Total, Eneos Move Proposed 100 mgy SAF Project from Negishi to Wakayama Refinery in Arida, Japan
(Eneos/Biobased Diesel Daily)Total Energies and Eneos Corp. announced Nov. 24 that they will pursue their feasibility study for a sustainable aviation fuel (SAF) production unit at the Eneos Wakayama refinery in Arida, Japan. The study was initially planned for the Eneos
November 29, 2022 Read Full Article
From Data to Matter: Venture Capital Turns To The Bioeconomy
(World Bio Market Insights) As VC cash tightens, biotech may soon eclipse digital tech -- ... Bloomberg NEF’s taxonomy slices the burgeoning climate tech segment into eight applications areas: the energy transition, transport and new mobility, agriculture and land-use, climate and
November 25, 2022 Read Full Article
.jpg)
Our Sponsors
FREE Subscription! Advanced Biofuels USA events calendar; policy and actions; education newsletters
