To find out how to attract finance for biomethane projects from global thought leaders, make sure you join our upcoming webinar on January 27 with the Vice President of Gas, Renewables & Power (Biogas Division) for Total. Thought leaders joining the
To find out how to attract finance for biomethane projects from global thought leaders, make sure you join our upcoming webinar on January 27 with the Vice President of Gas, Renewables & Power (Biogas Division) for Total. Thought leaders joining the
(SkyNRG) Sustainable aviation fuel produced from waste-based ethanol resources -- The FLITE consortium, led by SkyNRG and with LanzaTech as the technology provider, will build the first-of-its-kind LanzaJetTM Alcohol to Jet (AtJ) facility. The facility will convert waste-based ethanol to sustainable aviation
by Jim Lane (Biofuels Digest) A mere “The Year in Rewind” as we sail into 2021? Not the good ship Digest! Instead, we dust off our crystal ball and offer our predictions for the year ahead. As the sunset of 2020
(Alternative Fuels & Chemicals Coalition/CISION) The Alternative Fuels & Chemicals Coalition (“AFCC”) worked closely with policy makers and appropriators this year to provide changes to the U.S. Department of Energy (“DOE”)’s Title XVII Innovative Technology Loan Guarantee Program (the “Title
by Kelsey Tamborrino (Politico's Morning Energy) Biden, who oversaw the Obama administration's stimulus work as vice president, could utilize a pot of $40 billion in unused Energy Department loan authority awarded under the 2009 stimulus to kick start his climate and
(This Day) ... The Government of Plateau State in North Central region of Nigeria has signed a Memorandum of Understanding (MoU) with CONTEC Global Limited to establish a cassava biofuel plant in the state. At the signing ceremony during the weekend in
(European Investment Bank) ... The SEK 1.2bn financing operation facilitates the acquisition of 297 electric and biofuel buses being leased to Transdev for its use on five concessions in Gothenburg, starting from December 2020. In March 2019, Transdev won five 10-year contracts to operate
by Chris Cooper (Aviation Pros/Neste North America) ... Globally, more than 40 airlines now have already implemented SAF at some level, with an estimated 200,000 commercial flights using SAF since 2011 and 1.6 billion gallons of SAF committed to forward purchase
by Hannah DelSordo* (Advanced Biofuels USA) The December 15th webinar discussed how natural gas utilities are developing the renewable natural gas (RNG) market in a decarbonizing world. This event featured speaker Philip Sheehy, the technical director of transportation and energy
by Jim Lane (Biofuels Digest) ... Yara announces plans to fully electrify its ammonia plant in Porsgrunn, Norway with the potential to cut 800,000 tons of CO2 per annum, equivalent to the emissions from 300,000 passenger cars. ... Yara’s the world’s
(The Hindu Business Line) Must make ethanol from corn, sugarcane, biomass and rice husk, says Road Transport Minister -- Farmers in Bihar should diversify to produce biofuel in order to increase their earning potential, said Nitin Gadkari Minister for Road
by Jim Lane (Biofuels Digest) Anyone facing a carbon target or price wants to capture carbon. The advanced players are turning towards carbon capture and use — as a way to pay for carbon capture and a place to put it
by Jim Lane (Biofuels Digest) From Europe comes news that major hydrogen project developers including ACWA Power, CWP Renewables, Envision, Iberdrola, Ørsted, Snam, and Yara have joined hands to scale-up green hydrogen production 50-fold in 6 years in a bid to
(Asian Development Bank) The Asian Development Bank (ADB) has approved a $2.5 million technical assistance (TA) to support advanced biofuel development in India. The grant is funded from the Asia Clean Energy Fund, financed by the Government of Japan under the
by Julia Payne (Reuters) Gunvor Group has closed a new $540 million borrowing base facility to support biodiesel trading as the company shifts its strategy to promote cleaner products in line with EU climate targets, the company said on Friday. The bookrunners for
(GreenAir Online) Over 20 European aviation and travel associations have called for a joint commitment between industry and policymakers to achieve net zero CO2 emissions from all flights within and departing from the EU by 2050. As signatories to an ‘Aviation Round
David P. Smoot (Northwest Advanced Bio-Fuels) Northwest Advanced Bio-Fuels, LLC (NWABF) today announced that it is in final funding discussions to raise hundreds of millions of dollars for its SAF Project, which will produce and supply 60+ million gallons of SAF annually for
(Anaergia Services/Biomass Magazine) Anaergia Services LLC and veteran impact investing firm North Sky Capital LLC, are pleased to announce the start of construction of a renewable natural gas facility at the Victor Valley Wastewater Reclamation Authority, located in San Bernardino County, California. The
by Mihai Nicut (Economica.net (Google Translation) OMV Petrom, the largest energy company in Romania, intends to build a bioethanol plant, partially using European money, according to sources close to the situation. Petrom submitted a project worth 1.2 billion lei to the Ministry
(Varo) Through their close partnership GPS will develop a rail handing system as well as dedicated ethanol storage for VARO. The expansion follows GPS-A having commissioned c.134 thousand m3 of Class 1 storage for VARO in December 2019 and extends the relationship. The
(The Economist) “To some extent, we try to scare off investors,” admits Mateo Jaramillo, co-founder of Form Energy. The startup is trying to solve one of renewables’ knottiest problems. Solar and wind power are intermittent, so green utility firms must store
(VTT Research) The growing demand for food and sustainable food production are global challenges. A significant part of the problem is the lack of sustainably produced protein feed. eniferBio has developed a new and sustainable production process for a high-quality
by Helena Tavares Kennedy (Biofuels Digest) There's been a barrage of big deals this week and here's The Digest's exclusive take on the biggest 7 deals, why they are big, and more. In today's Digest, we've got the latest deal details that
by Jim Lane (Biofuels Digest) COVID-19 has impacted every industry in some way, but Mike McCurdy from ICF shared this slide guide at ABLC2020 demonstrating how COVID-19 has had limited impact on some areas for renewable fuels and how compliance fuels’
by Steve Horn (The Real News) ... The little-known company has pitched its proposal to convert the site into a biofuels refinery. It is run by a man one mayor has dubbed the “Flim Flam Man,” and the company has never actually opened
(Environmental Defense Fund and Climate and Forest Capital) ... The purpose of the report is to highlight opportunities for catalytic capital to advance agricultural conservation, resilience and sustainability. In this report we define catalytic capital as capital intentionally deployed to
(Aemetis) First Two Dairies and Private Pipeline Operating; Below Zero Carbon Intensity Gas Now Producing Transportation Fuel -- Aemetis, Inc.(NASDAQ: AMTX) announced today that it is producing dairy biogas from the first two dairies in a 17 dairy digester biogas project.
Stability? Will there be the incentives and markets where lowest-carbon fuels, renewable chemicals, protein, advanced foods and sustainable agriculture can thrive? Investment? Where will the money come from for developing and nurturing new companies, and deploying new technology at commercial scale? Technology? How will technologies adapt to
by Jim Lane (Biofuels Digest) At ABLC Digital this summer, there was lots of talk about carbon. In this slide guide, GIC takes us on a learning journey about commodity plus carbon and how it monetizes carbon. What is CPC?
(Bioenergy Insight) SWEN Capital Partners has announced the final closing of its SWEN Impact Fund for Transition (SWIFT), Europe’s first infrastructure fund dedicated to renewable gases. The fund raised €175 million, exceeding its target amount of €120 million. SWIFT is
(Biofuels International) Finnish-Swiss biotech firm Ductor has closed funding from BW Group to develop 200 new biogas and sustainable organic fertiliser projects over three years. Ductor will develop the projects in the EU and North America after receiving a significant investment
(Marquard & Bahls) Marquard & Bahls and Nordic Blue Crude have entered into an agreement, through which Marquard & Bahls shall increase its shareholding in the Norwegian company and will commit to equity financing when the first plant (E-Fuel 1) reaches final investment
by Mike Newman (Parhelion Underwriting Inc./Biofuels Digest) Connecting people from renewable fuels companies with projects they want to finance to the people who can finance them was a key goal for Parhelion Underwriting’s recent virtual roundtable. The finance panel included Justin Goldstein
by Helena Tavares Kennedy (Biofuels Digest) Brightmark and Chevron just formed a joint venture to own projects across the United States to produce and market dairy biomethane. Greenlane Renewables signed a $5.8 million contract with Brightmark. Construction started in Ohio on
by Matthew Mercure (NGT News) Brightmark LLC, a global waste solutions company, and Chevron U.S.A. Inc. have formed a joint venture, Brightmark RNG Holdings LLC, to own projects across the U.S. to produce and market dairy biomethane, a renewable natural gas (RNG). Equity investments
by Emily Holbrook (Environment & Energy Leader) JPMorgan Chase has announced it is adopting a financing commitment that is aligned to the goals of the Paris Agreement. As part of its strategy, the firm intends to help clients navigate the challenges and
(Bailout Watch) The U.S. government’s efforts to stabilize the financial system at the start of the global pandemic last spring have propped up the fossil fuel industry, which entered the year with heavy debt loads and was slammed by the
by Kelsey Tamborrino (Politico's Morning Energy) Securities and Exchange Commission member Allison Herren Lee said on Tuesday that "climate change presents a systemic risk to the financial market" and that "there's certainly evidence that climate risks are currently underpriced." Lee, who
by Erin Voegele (Ethanol Producer Magazine) The USDA is soliciting applications for two different cycles of the Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program. The first cycle closes Oct. 1, while the second is open through April 1, 2021. The
by Sarah Kaplan (Washington Post) ...“The whole purpose of offsets,” said University of California at Berkeley climate policy researcher Barbara Haya, “is to create a way for an individual or a company or a university to pay someone else to
by Jim Lane (Biofuels Digest) Leveraging opportunity zone tax incentives with Bioeconomy Development Zones is a clear pathway to drive and unlock needed capital to bioeconomy projects. Jordan Soloman, President and CEO of Ecostrat, shared this illuminating presentation at ABLC Digital that
by Michael Bates (NGT News) Suburban Propane Partners LP, a nationwide distributor of propane, fuel oil, and related products and services, says it is purchasing a 39% stake in Oberon Fuels Inc., based in San Diego. Oberon, a development-stage producer of low-carbon, renewable dimethyl
by Jim Lane (Biofuels Digest) Tackling two birds with one stone is what Fulcrum is doing with its trash to treasure fuel – dealing with waste disposal AND helping airlines reduce carbon emissions. Jim Macias, President and CEO of Fulcrum, shared this
by Russ Freeman (Biofuels Digest) ... This vision of the future is one in which: Humans have multiple opportunities for a meaningful role in society, freedom to live where they choose and freedom to pursue their dreams based on a stake
(Bioenergy Australia/Mirage News) Bioenergy Australia welcomes the Federal Government announcement for investment in new and emerging technologies, including $1.62 billion for the Australian Renewable Energy Agency (ARENA), and the expansion focus of ARENA and the Clean Energy Finance Corporation (CEFC) to back new technologies
(Nikkei Asian Review) Southeast Asian production rises while palm oil waste also takes the spotlight --- Japanese biofuel companies are expanding their production of fuel from sources such as algae and palm oil waste, despite the current lack of demand from
by Jim Lane (Biofuels Digest) How to unlock the billions in this new investment stream for the bioeconomy projects you care about was the name of the game on DigestConnect this past Thursday. Cindy Thyfault, CEO of Global Biofuture Solutions and
(Orlen) PKN ORLEN is the first oil company in Central Europe to declare aspiration to achieve emission neutrality by 2050. In order to reach this goal, by 2030 the company will reduce CO2 emissions from its current refining and petrochemical assets by
(Political Climate) You may have seen the headlines about universities ditching their fossil fuel investments. Or perhaps you saw the news that BlackRock, one of the world’s largest financial firms, is getting out of coal and putting climate change at the
(Environmental Defense Fund) ... A new report from EDF — Financing resilient agriculture: How agricultural lenders can reduce climate risk and help farmers build resilience [PDF] — describes climate risks to the agricultural lending sector and provides a path forward for lenders
(The Pioneer) In a first of its kind, an ethanol plant is to be set up soon on public–private partnership (PPP) model at the Bhoramdev Cooperative Sugar Factory in Chhattisgarh’s Kawardha district. The plant will generate employment opportunities and will financially benefit
(World Business Council for Sustainable Development) The World Business Council for Sustainable Development (WBCSD) has released an issue brief outlining the business model shifts, emerging technologies and social innovations that could shape the next decade. This issue brief is part of
(Biofuels International) Advancing Africa’s biofuels potential has been a long, slow process with the continent’s various country-by-country development plans tending to sit in their respective government in-trays for far too long. At the point, however, where there is finally evidence of
by Erin Voegele (Ethanol Produce Magazine) The USDA on Aug. 31 announced the implementation of the agency’s OneRD Guarantee Loan Initiative and released new information on rates and terms that will help lenders apply for loan guarantees to support rural businesses,
(NGV Journal/Rolande) Rolande has opened its first LNG station in Belgium together with partner G&V Energy Group, joining forces to be able to create a covering LNG network in this country. The years of experience of Rolande and the strategical network
(Biofuels Digest) Recorded presentations for your on-demand review and enjoyment. Just Pick and Click! On BioChannelTV RENEWABLE DIESEL & DME Saola Energy - Adam Belyamani Axens- David Schwalje Oberon - Rebecca Boudreaux Honeywell UOP-Dan Szeezil NextChem-Valerio Coppini Velocys - Jeff McDaniel ENGINE TECH What if everything with a
(Auto123.com/Daimler) The seedlings for the first 100 hectares (250 acres) have been planted. Daimler AG has started a new project for the cultivation of the biodiesel raw material jatropha in the south of India. The company is supporting several village communities in the state
by Nanda Kasabe (MSN/Financial Express) The ministry of consumer affairs, food & public distribution has directed all sugar-producing states to ensure that 85% of the installed ethanol production capacity is used by the mills, as there are still huge sugarcane price
(Institutional Investors Group on Climate Change (IIGCC)) -- ‘Net Zero Investment Framework’ developed with over 70 leading global investors & issued for consultation. – Aims to maximise investor contribution to decarbonisation of global economy, helping keep rise in global
by Jim Lane (Biofuels Digest) In Texas, ExxonMobil has signed an agreement with Global Clean Energy Holdings to purchase 105 million gallons of renewable diesel per year for five years from a converted California refinery starting in 2022. The strike price
(Biofuture Platform) Principles have been designed to help economies create jobs in a sector severely hit by the crisis -- The Biofuture Platform, a twenty-country, multi-stakeholder initiative, announced today the launch of a set of voluntary principles. These are intended to
(Office of Senator Dick Durbin (D-IL)) Today (August 7, 2020), U.S. Senator Dick Durbin (D-IL) announced the introduction of America’s Clean Future Fund Act, a bill that would spur job creation by investing in a clean energy economy, achieve critical reductions in
by Jim Lane (Biofuels Digest) ... New research shows sustainability has moved from a fringe preference into a core imperative across American life. According to a new survey from clean manufacturing leader Genomatica, 56% of Americans want brands and government to prioritize
(NGV Journal/Ørsted) The partners of the WESTKÜSTE 100 project received funding confirmation from the German Federal Ministry of Economic Affairs and Energy as the first large-scale hydrogen project in Germany within the Reallabor (real-world laboratory) framework. Energy-intensive industries and the
(Bioenergy Insight) TerraX, an Italian developer of renewable gas projects, has entered into a joint venture with the SWEN Impact Fund for Transition (SWEN), managed by SWEN Capital Partners, to invest in biomethane. TerraX is led by biogas expert Michael Niederbacher,
by Jim Lane (Biofuels Digest) There was always going to be a point when the advanced bioeconomy reached the end of the “R&D years” and transitioned into “the years of deployment”, and if you read the Biden plan here or the latest pushback from
by Liz Gyekye (BioMarket Insights) The European Investment Bank (EIB) has signed three agreements with leading European innovators to collaborate on the development and potential financing of new projects that address climate change. Under a partnership with the European Commission delivered through
by Erin Voegele (Biomass Magazine) The USDA on July 13 issued a final rule that aims to increase private investment in rural communities by making it easier for lenders to access four guaranteed loan programs, including the Rural Energy for
5 July 2020 Opening Highlights The first ever entirely virtual edition of the European Biomass Conference and Exhibition started today with the opening session streamed online. This year’s theme of the EUBCE is the role of the bioeconomy in the post-pandemic
by Jim Lane (Biofuels Digest) A company that designs materials at a molecular level by optimizing microbes to biomanufacture unique structural oils discovered in nature, but not previously accessible commercially, is what Checkerspot is all about. Check out their Slide Guide from
by Todd Woody (Bloomberg Green) To reignite the industry, biofuels need the type of government incentives that allowed solar and wind companies to flourish, analysts say. -- ... Technology from Honeywell’s subsidiary UOP had refined the camelina into renewable jet fuel,
WBM Connect platform is all about engagement, whether its our broadcasts, online networking or exclusive content – its been designed for you to support your business aims in this challenging times. Although WBM Connect is open only to those confirmed as attending
by Helena Tavares Kennedy (Biofuels Digest) Biogas, carbon, renewable diesel, biodiesel, methane, hydrogen, and many new markets, innovations, technologies, novel crops, and more were the talk of the day. On day 2 of ABLC Digital it was chock full of content from
by Jim Lane (Biofuels Digest) Insurance takes risks that other forms of capital (like debt and equity) can’t or won’t take, according to Mike Newman and this illuminating slide guide presented at a recent DigestConnect webinar. Cap and Trade limits emissions and
Transforming the bioeconomy from “a niche to the norm” is a challenge that runs through our industry, whether its scale up, supply chains or customer behaviour, there many hurdles that need to be overcome to create a successful business. At
by Jim Lane (Biofuels Digest) Macaúba as a biofuel feedstock has lots to offer, like its high productivity per ton/hectare surpassing that of soy, sunflower, rapeseed, and palm oil, and that it can grow even on degraded land making it
by Kate Cough (Ellsworth American) Coastal Resources of Maine, the $70-million waste and recycling facility in Hampden, shut down in late May after an expected $14.7 million in funding fell through. The closure forced the 115 member towns that send their
by Jim Morrison (Washington Post) When Randy Jordan, a fifth-generation dairy farmer in central Massachusetts, looked into turning manure from his 300 cows into natural gas more than a decade ago, he just wanted to find a way to lower his
by Jim Lane (Biofuels Digest) Who’s making what, how, where and when? Find out why there are a zillian paths to sustainable aviation fuels and take a look at The Digest’s latest slide guide from last week’s DigestConnect webinar to
(Norak e-Fuel) Norsk e-Fuel is planning Europe’s first commercial plant for hydrogen-based renewable aviation fuel in Norway Leading industry consortium joins forces to make unlimited renewable fuel a reality to achieve climate-neutral transportation Norsk e-fuel is generating renewable fuels from
EcoEngineers invited two of our strategic partners to talk about biofuels investments and how the market is doing at this point in 2020. Aaron Ratner, Operating Partner from Cross River Infrastructure, and Max Vernier, Vice President of Bioenergy at Live
by Helena Tavares Kennedy (Biofuels Digest) Big project news came in that Chesapeake Utilities Corporation entered into an agreement with Bioenergy DevCo to purchase biogas generated from organic materials at BDC’s facilities in Delaware which will be processed into renewable
(Xebec Adsorption Inc.) Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions, and Fonds de solidarité FTQ (the “Fonds”) are proud to announce the creation of the GNR Québec Capital L.P. investment fund. With an initial capitalization of $20 million, this new
(Orion Energy, GCM Grosvenor, Voya/Global Clean Energy/CISION/PR Newswire) Orion Energy Partners, L.P. ("Orion Energy"), GCM Grosvenor and Voya Investment Management ("Voya") are pleased to announce a capital partnership with Bakersfield Renewable Fuels ("BKRF"). BKRF is a special purpose vehicle wholly
by Jim Lane (Biofuels Digest) After what could be considered a lengthy out-of-town tryout, LanzaJet is now officially launched as a LanzaTech spin-off — Suncor Energy and Mitsui & Co. are investing $15 million and $10 million, respectively, to establish the new venture.
by Jim Lane (Biofuels Digest) With a petrochemical history, Sarnia-Lambton has evolved to agriculture, feedstocks and chemicals with a vision to be Canada’s premier location for the development of and investment in clean, green, and sustainable chemistry technologies. A look at their
(U.K. Department for Business, Energy & Industrial Strategy and The Rt Hon Alok Sharma MP) Clean Growth Fund launched as a venture capital vehicle to accelerate early-stage green businesses. -- Government to contribute half of initial £40 million fund pot
by Lloyd Ritter (Green Capitol LLC/Biofuels Digest) A timely new report came out recently on sustainable aviation fuel (SAF), “Ready for Takeoff: Aviation Biofuels Past, Present, and Future,” written by the Atlantic Council (herein AC). The key takeaways are three-fold. First, aviation
by Jordan Solomon (Ecostrat Inc./Biofuels Digest) The US has over a billion tons of biomass which can be used as a key lever to drive economic recovery. USDA estimates that 3.4 million jobs and nearly $660 billion of economic benefits
by Nora Goldstein (BioCycle) BioCycle interviewed Bob Powell, founder and CEO of Brightmark, about his company’s growth trajectory in the anaerobic digestion and RNG space. -- In August 2016, Bob Powell founded Brightmark Energy “to think about environmental problems that were
by Ty Jayan (The Hindu Business Line) Govt recently approved an additional ethanol capacity of 600 crore litres -- Sugar industry, which has been trying to augment ethanol production to meet the requirement for fuel blending in the country, has made
(Roundtable on Sustainable Biomaterials) As part of the Fuelling the Sustainable Bioeconomy powered by Boeing’s Global Engagement Portfolio, RSB gathered a group of key stakeholders in the Ethiopian bioeconomy to examine and uncover strategies and scenarios for the future development of
by Jim Lane (Biofuels Digest) In Brussels, the European Investment Bank, with the support of the European Commission, has granted a EUR 75 million (nearly $82 million USD) loan to ArcelorMittal for Steelanol, the EUR 165 million ($180 million USD)
by Jim Lane (Biofuels Digest) If you missed the DigestConnect webinar last week, check out the slide guides from Bill Hagy’s presentation on what federal programs and resources are available for biofuels, biopower, biochemicals and biobased products throughout all stage
by Jim Lane (Biofuels Digest) There’s a new way to invest in decarbonizing transportation. This week, the Seattle-based angel investor community known as E8 launched Decarbon8-US, that could break down several barriers holding back the scale-up of cleantech, especially barriers faced by
by Dave Thompson (Prairie Public News) The North Dakota Industrial Commission has approved a new Bank of North Dakota loan program for ethanol plants, who have been hit hard by the drop in demand due to the coronavirus pandemic. The “Ethanol
by Adele Peters (Fast Company) ... Fracking companies have lost billions over the past decade. Some investors may be even more reluctant to invest in the sector now. “I think on the financial side, I would think twice as a
(Ecostrat) The Biomass Supply Chain Risk Standards are a step-change advancement in the state-of-the-science for assessing biomass feedstock risk. They de-risk capital market investment in biofuels, biopower, biochemicals and bioproducts. The Standards enable capital to better structure around feedstock risk. With
by Jim Lane (Biofuels Digest) As I write, the May contract for West Texas Intermediate is selling for -$40.21 a barrel, or a negative cost of $240 per tonne. Let’s put that in context, you can throw unmixed useless garbage into
by Helena Tavares Kennedy (Biofuels Digest) In Brazil, EPBR reports that the Brazilian Development Bank, BNDES, does not have the resources to fulfill the financing line demanded by the ethanol sector to help with the Covid-19 impact of drastic price and demand drops
by Ron Kotrba (Biodiesel Magazine) Most people in the U.S. have probably never heard of cyperus esculentus, but Victor Garlington, managing partner at BioEconomy Solutions, believes it is the next big thing in biomass-based diesel feedstock. The company has grand
by Jim Lane (Biofuels Digest) “There is no substitute for a fully integrated pilot process,” said Mark Warner in this illuminating presentation on how to get from concept to commercialization for novel proteins. But what are the economic implications of
by Helena Tavares Kennedy (Biofuels Digest) ... RFA told The Digest that about 4.4 billion gallons of capacity has come offline since March 1, plus what was already idle, the total is about 5.2 billion gallons idle – that’s approximately
(European Investment Bank) Financing is guaranteed by the European Fund for Strategic Investments (EFSI) and will help make the sector more resilient in light of Covid-19; New financing targets investments by private cooperatives and companies in the agriculture and bioeconomy sector;
by Jim Lane (Biofuels Digest) Earlier this week we shared the latest federal programs supporting demonstration concept and today our focus is on federal programs supporting commercial scale development for biofuels, biopower, biochemicals and biobased projects. Check out this slide
(Enagás) Alantra and Enagás have partnered to launch a €150 million fund targeting innovative, fast-growing energy transition companies in Europe. The Fund, named Clima Energy Transition Fund, will take minority stakes in late and growth stage companies operating in the green
by Gabby Brown (Sierra Club) The latest version of the most comprehensive report on global banks’ fossil fuel financing, Banking on Climate Change 2020, was released today (March 18, 2020), revealing that 35 global banks have not only been sustaining but expanding the
by Jim Lane (Biofuels Digest) Commodity Plus Carbon, or CPC can maximize monetization opportunities from the sequestration potential in the agricultural sector. CPC offers synergies between regulated ETS traded carbon credits, voluntary and futures commodity markets and offers a new
by Jim Lane (Biofuels Digest) ... Let’s explore today — using the recent news from Novozymes about their pioneering advances in yeast — what exactly a breakthrough is, and does. That’s relevant to everyone bringing forward a technology or product —
by Jim Lane (Biofuels Digest) If you have not followed the Alternative and Renewable Fuels Forum, bookmark this, and today I’ll give you some of the flavor of this group with 110 members — project owners and developers, policy experts, technologists,
(Biofuels International) Waste gasification to energy company EQTEC has been awarded a contract for the upgrade of the existing syngas research and development facility at the University of Extremadura in Badajoz, Spain. The university was recently successful in a funding application
(Carolina Opportunity Funds/PR Newswire) Inaugural Investment for IMPACT Carolina QOZ Fund -- Carolina Opportunity Funds is pleased to announce that BioEconomy Solutions, a technology leader in sustainable agricultural crops for biofuels, animal feed, and food products such as Tiger Nut flour,
by Julia Payne (Reuters) The world’s largest oil traders are pouring hundreds of millions of dollars into climate-friendly projects - including wind farms, cow manure plants and blue hydrogen - as they seek to match the profits they make from
by Bruce Comer (Ocean Park/Biofuels Digest) Biofuels Merger and Acquisition (M&A) activity in North America was subdued in 2019. Only four operating biodiesel, ethanol and advanced biofuels plants were sold during the year. These four acquired plants were relatively small with
(North Dakota Soybean Processors) After more than three years, $6 million of investment and thousands of hours of management time, North Dakota Soybean Processors announced that it is abandoning its efforts to build a large-scale soybean crushing facility at the
by Helena Tavares Kennedy (Biofuels Digest) In Georgia arrives news that starting March 1st, Delta is making a $1 billion commitment over the next 10 years to mitigate all emissions from its global business going forward. Their goal? To invest the money
(FORGE Hydrocarbons/Globe Newswire) FORGE Hydrocarbons Corp (“FORGE”), a Canadian biofuel start-up, announces an equity investment from Shell Ventures and a follow-on contribution from Valent Low-Carbon Technologies, which will help build a first-of-its-kind CAD$30 million commercial-scale, biofuel production plant in Sombra, Ontario. Clean
by Cynthia Thyfault (Global Biofuture Solutions) The USDA Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program, also known as the “9003” program, provides loan guarantees up to $250 million to assist in the development, construction, and retrofitting of commercial scale
(American Banker) Banks in corn country are worried the once booming ethanol business has reached its peak as profits have been pinched by low prices, bad weather and the Trump administration’s moves to curb ethanol use. The price of a gallon of
by Marc Heller (E&E News) Fifteen years ago, farmers produced so much soybean oil they couldn't figure out what to with it all. It was good for cooking and salad dressing — and not much more. "We were throwing it away," recalled
(De Smet Engineers & Contractors) De Smet Engineers & Contractors (DSEC) has started working on a Basic Engineering contract for the Croatian Oil & Gas Company INA, covering the OSBL portion of a 2G Ethanol (2nd generation) project to be
by Cris Handel (CoverCress Inc./CAAFI) Our conclusions from interactions with 500+ farmers over the last 3 years: CoverCress harvest date and $50+/acre cash margin (via yield) are the top 2 drivers for farmers. Post corn harvest planting methods fit enough
(GoodFuels) FinCo Fuel Group, active in the downstream energy market with a broad portfolio of fuel products, has expanded its network with the acquisition of a majority stake in GoodNRG, holding company of renewable fuels pioneer GoodFuels, the companies have announced
(U.S. House Committee on Energy and Commerce) Energy and Commerce Committee Chairman Frank Pallone, Jr. (D-NJ), Environment and Climate Change Subcommittee Chairman Paul Tonko (D-NY) and Energy Subcommittee Chairman Bobby L. Rush (D-IL) today released legislative text of the draft Climate Leadership and
by Jim Lane (Biofuels Digest) We are always trying to optimize – optimize processes, efficiencies, cost, value, and more, but did you know that the U.S. Department of Energy Bioenergy Technologies Office has a program just for this sort of thing?
by Chandrakant Mahapatra (Bloomberg Quint) The government’s ethanol push will bring about predictability for sugar suppliers as a glut has forced them to keep prices low, according to Vivek Saraogi, managing director of Balrampur Chini Mills Ltd.—one of the nation’s
(NGV Journal) NEDGIA, the gas distributor of the Naturgy group, participates as a partner, representing Spain, in the REGATRACE (Renewable Gas Trade Center in Europe) European Consortium. This initiative, in which 15 organizations from ten European countries participate and which is
by Benson Amadala (Business Daily Africa) The cash-strapped Mumias Sugar Company is expected to resume ethanol production Friday after reconnection of power supply to the factory. Mr Ponangipalli Venkata Ramana Rao, the receiver-manager appointed by Kenya Commercial Bank (KCB) to oversee
by Vince McDonagh (Fish Farmer) Waste from salmon farms in Norway may soon be used to power jet airliners – including those carrying seafood to Asia. -- Millions of kroner is being invested in the large Biokraft biofuel plant near the
by Ron Kotrba (Biomass Magazine) Daryl Maas followed his dreams to California, where he is filling an important niche helping mitigate climate change and dairy farmers mine the lucrative rewards of cow manure. -- Daryl Maas was raised among the
(Green Distillation Technologies) Australian tyre recycler Green Distillation Technologies, which has developed world-first technology that recycles end-of-life tyres into oil, carbon and steel, has signed a deal to build their first plant in the United States, The agreement provides funding of up
by Mark Warner (Warner Advisors LLC/Biofuels Digest) ... Housed in a region with significant historic chemical operations, including the home of where buna rubber was first commercialized, Eastern Germany is similar to parts of the industrial midwestern United States. The area
by Jim Lane (Biofuels Digest) Money, money, money – a growing bioeconomy needs lots of it. But with so many challenges like a lack of certainty in government programs or a perceived lack of funds at the company and project levels,
By Ron Warnick (Quay County Sun) The president of a Tucumcari biofuels company said he anticipates construction will begin in February to convert a closed ethanol plant on the city's north side into a methane-gas plant that will create 40 jobs
by Jim Lane (Biofuels Digest) Reaching high is something Mercurius is familiar with, esp. with their REACH technology. Standing for renewable, acid-hydrolysis, condensation, hydrotreating, their REACH technology works at low temperature, low pressure and enzyme free. According to Knud Balslev at
by Jim Lane (Biofuels Digest) With 116 companies funded in 4.5 years, IndieBio is enabling scientists to build transformative companies in human and planetary health and rejecting conventional thought that funding biotech must be expensive. Alex Kopelyan, Partner and Program
by Shahkar Abidi (Auto Car Pro) Over 500 letters of intent (LoIs) have been issued to entrepreneurs by three government-owned oil marketing companies (OMCs) for setting up of Compact Bio-Gas (CBG) plants, claims a top official from the Ministry of Petroleum & Natural Gas.
(International Chamber of Shipping) The global maritime transport industry has submitted a proposal to form the world’s first collaborative shipping R&D programme to help eliminate CO2 emissions from international shipping. The proposal includes core funding from shipping companies across the world
by Jim Lane (Biofuels Digest) ... Now, the airlines were just about the first customers to clamor for advanced biofuels. In 2006, Richard Altman of the recently-formed Commercial Aviation Alternative Fuels Initiative showed up at one of the earliest advanced biofuels
(Bioenergy Insight) Macquarie Capital Principal Finance (Macquarie) – the largest infrastructure investor in the world - has completed the majority acquisition of BioCow, a leading producer and innovator in the UK biogas sector. BioCow uses anaerobic digestion (AD) to create
(Leyline Renewable Capital/Biomass Magazine) Leyline Renewable Capital announced today that it has entered into an agreement with RNG Energy Solutions to provide bridge funding for the development of two major anaerobic digestion facilities located in Philadelphia, Pennsylvania, and Linden, New Jersey.
(Biofuels International) Rainforest Energy has signed a Memorandum of Understanding (MoU) with Infinity Biofuels for the licensing of patented technology to produce bio-gasoline from biomass across the Americas. The MoU is for a technology framework for North America, South America and
(European Commission) The European Commission today presented The European Green Deal – a roadmap for making the EU's economy sustainableby turning climate and environmental challenges into opportunities across all policy areas and making the transition just and inclusive for all. President Ursula von der Leyen said: ‘The European
(International Air Transport Association) The International Air Transport Association (IATA) asked the European Union to support aviation's energy transition to sustainable aviation fuels (SAF) as part of the bloc's Green Deal, being launched tomorrow. "Aviation has high hopes for the European Commission's
(Bioenergy International) Biozin Holding AS has announced that it has entered into an agreement with Shell for financial support of their ongoing work to build a full-scale biocrude production facility in Åmli, Norway. The funding will support ongoing activities as
(European Investment Bank) The European Commission and the European Investment Bank announce the selection of an Investment Advisor for the upcoming European Circular Bioeconomy Fund -- The fund aims to provide financing for innovative circular bioeconomy companies and projects in
(Azelio/Biodiesel Magazine) Swedish public firm Azelio has signed a memorandum of understanding (MOU) with the U.S. firm Biodico Inc. for a project in Atascadero, California. The MOU frameworks a collaboration over a capacity of about 120 MWe of Azelio’s energy storage technology
(ECO-GATE/NGV Journal) The European ECO-GATE Consortium, co-financed by the European Union and led by NEDGIA, the gas distributor of the Naturgy group, has initiated test injection and distribution of the renewable gas generated at the Butarque wastewater treatment plant (WWTP) in
(Fly Green Fund (Google Translation)) As a relatively new entrant to the Swedish market, Air Leap has quickly become very important for the places around Sweden, Norway, Åland and Finland that they operate. These locations are heavily dependent on good air connections
by Jim Lane (Biofuels Digest) Earlier this week we talked about making protein and meat out of air, so taking CO2 and utilizing it seems right in line. C+C Music Factory’s song from the early 90’s “Everybody Dance Now” comes to