by Benjamin Storrow, Kelsey Tamborrino, Brian Dabbs and Jessie Blaeser (Politico) The administration is accelerating the approval of large loans for clean technologies that the president-elect attacked on the campaign trail. ... The Department of Energy is racing to close $25 billion
loans
Back TO HOMEWhite House Releases Report on Growing U.S. Biomanufacturing Capacity for the American Bioeconomy
(White House) The global bioeconomy is projected to expand at a rapid pace in the coming decade due to advancements in key technology areas, such as the ability to program microbes to act as microscopic factories by manipulating their DNA. The
November 19, 2024 Read Full Article
USDA Awards REAP Funding to 7 Ethanol Producers
by Erin Voegele (Ethanol Producer Magazine) The USDA on Nov. 14 awarded $256.56 million in loans and grants to more than 1,100 clean energy projects under the Renewable Energy for America Program. A portion of that funding will support projects at
November 15, 2024 Read Full Article
USDA Awards REAP Grants to 3 Ethanol Producers
by Erin Voegele (Ethanol Producer Magazine) The USDA on Oct. 3 awarded $104 million in loans and grants to more than 300 clean energy projects under the Rural Energy for America Program. Projects under development at three ethanol plants were among
October 09, 2024 Read Full Article
They Might Be Giants, the Story of Syngas Fermentation
by Jim Lane (Biofuels Digest) ... They called it “the technology that dare not speak its name” because it was too crazy risky, when they did not call it “the technology that could not scale” between the guffaws in many board
September 03, 2024 Read Full Article
Japan's Toyota Tsusho to Develop and Supply Biofuels in Indonesia
by Anna Nishino (Nikkei Asia) Trader will work with state-run Pertamina to support decarbonization efforts -- Japanese trading house Toyota Tsusho will develop and supply biofuels and green hydrogen with Indonesian state-run oil company Pertamina, part of efforts led by Tokyo to
August 27, 2024 Read Full Article
Brazil Puts up US$1.2bn for Green Energy Projects
(Bnamericas) Brazilian development bank BNDES, public innovation promotion agency Finep, and industrial innovation-focused Embrapii are making 6.8 billion reais (US$1.2bn) available for green energy projects. BNDES and Finep have launched a public call, available here, for business plans to create and develop biorefineries. The
August 23, 2024 Read Full Article
Groundbreaking Ceremony Marks the Start of Dairy Distillery Alliance’s Sustainable Biofuel Project
(Michigan Milk Producers Association) America’s lowest carbon-intensity dairy ethanol plant breaks ground in southwest Michigan, adding to the needed biofuel supply and helping lower the dairy industry’s carbon footprint. -- Today (August 6, 2024), the Michigan Milk Producers Association (MMPA) and Canadian Dairy Distillery celebrated the
August 09, 2024 Read Full Article
EIB and Cepsa Sign €285 Million Loan to Finance the Construction of a Second-Generation Biofuels Plant in Spain
(Cepsa) - Plant in Andalusia region to make biofuels from organic waste like used cooking oil or agricultural waste, supporting the circular economy; Biofuels to be used in sectors that are difficult to decarbonise, such as air transport, maritime transport
June 28, 2024 Read Full Article
Commission Approves €3 Billion German State Aid Scheme to Support the Development of Hydrogen Core Network
(European Commission) The European Commission has approved, under EU State aid rules, an estimated €3 billion German scheme to support the construction of the Hydrogen Core Network (‘HCN'). The measure will contribute to the achievement of the objectives of the EU Hydrogen Strategy and 'Fit for
June 28, 2024 Read Full Article
USDA Awards REAP Grants To 2 Ethanol Producers
by Erin Voegele (Ethanol Producer Magazine) The USDA on June 26 awarded nearly $100 million in loans and grants to 473 projects under the Renewable Energy for America Program. Commonwealth Agri-Energy LLC and Redfield Energy LLC were among those selected for
June 27, 2024 Read Full Article
Construction Begins on Clean Ammonia Production Facility in UAE, Project Loan Agreement Signed
(Mitsui) Mitsui & Co., Ltd. ("Mitsui", Head Office: Tokyo, President and CEO: Kenichi Hori), alongside TA'ZIZ (owned by Abu Dhabi National Oil Company ("ADNOC")), Fertiglobe, and South Korea's GS Energy Corporation, has agreed to commence construction of an ammonia production facility
June 27, 2024 Read Full Article
Federal Funding for Your Commercial Scale Bioeconomy Project
by y Bill Hagy (LEC Partners/Biofuels Digest) There are numerous federal funding resources available to support commercial-scale bioeconomy projects. The following items should be considered when identifying federal funding resource(s) available for potential project funding: Some programs are restricted to small businesses. Some
June 17, 2024 Read Full Article
The Digest’s 2024 Multi-Slide Guide to Bioeconomy Policy, the ABFA Perspective
by Jim Lane (Biofuels Digest) In this presentation by Advanced Biofuels Association president Mike McAdams, we learn about matching policy with real-world reality using the basic tool box of tax credits, grants, loans, mandates and the RFS. We see policy issues
June 10, 2024 Read Full Article
Veolia, Waga Energy and ENGIE Join Forces to Contribute to the Development of the Renewewable Natural Gas Industry in France
(ENGIE) With the growing need to develop local, low-carbon energies, Veolia, a leader in bioenergies, and Waga Energy, a global expert in the production of Renewable Natural Gas (RNG) from landfills, and ENGIE, a world leader in low-carbon energy and services,
May 30, 2024 Read Full Article
Raízen Inaugurates the Largest Second Generation Ethanol Plant in the World
(Raízen) With proprietary technology, Bonfim Bioenergy Park gains E2G unit with production capacity of 82 million liters per year and investment of R$1.2 billion -- Raízen, the largest global producer of ethanol from sugar cane, inaugurated this Friday, its new Second Generation
May 29, 2024 Read Full Article
China Releases List for a Biofuel Pilot Scheme to Boost Domestic Consumption
by Samyak Pandey and Aditya Kondalamahanty (S&P Global) Major biodiesel exporter faces weak local demand; Government urges demonstrations to support consumption; Loans and carbon profits fall short in driving demand sufficiently -- The Chinese government unveiled a plan for a biodiesel pilot scheme in
April 06, 2024 Read Full Article
Vilsack Accepts Holmberg Award for Lifetime Achievement in the Bioeconomy
by Jim Lane (Biofuels Digest) At ABLC, the United States Secretary of Agriculture, Tom Vilsack, accepted the William C. Holmberg Award for Lifetime Achievement in the Bioeconomy and in his Holmberg Address said that “There’s a competition going on here. There
March 19, 2024 Read Full Article
Vilsack Says He’s Confident in E15 Emergency Waiver, Discusses USDA’s SAF Advocacy
by Erin Voegele (Ethanol Producer Magazine) Agriculture Secretary Tom Vilsack expressed confidence that the U.S. EPA will issue an emergency waiver to allow E15 to remain available this summer and discussed the USDA’s ongoing efforts with regard to sustainable aviation fuel
March 01, 2024 Read Full Article
Cathay United Bank’s Singapore Branch Signs 1st Green Trade Loan with Apeiron to Boost Low-Carbon Transport
(Cathay United Bank/Biobased Diesel Daily) Cathay United Bank’s Singapore branch saw its long-term commitment to green finance bear fruit in the final quarter of last year after it closed a green trade-loan deal with Apeiron Bioenergy, a leading player in Singapore’s sustainable-energy sector, CUB announced
February 27, 2024 Read Full Article
You Can Help Expand Access to Development Capital & Federal Funding to Advance Game-Changing Bioeconomy Projects, … and Mitigate the Climate Crisis
by CJ Evans (Alternative Fuels & Chemicals Coalition/Project Financing Assistance/Biofuels Digest) You can make a difference. You can raise your voice and make your voice heard … you can help create a grant program within the federal government to provide development capital
February 27, 2024 Read Full Article
Unsolicited Proposals, Needed: More Access, More Flexibility, More Funding to Advance Game-Changing Projects
by CJ Evans (Alternative Fuels & Chemicals Coalition/Project Financing Assistance/Biofuels Digest) Time is of the Essence in Addressing the Climate Crisis… every technology and innovation that can help needs to be deployed as rapidly as possible. Unfortunately, five obstacles stand in
February 26, 2024 Read Full Article
Going for the Benjamins: Here’s How Access to Development Capital Can be Improved
by CJ Evans (Alternative Fuels & Chemicals Coalition/Project Financing Assistance/Biofuels Digest) The Alternative Fuels & Chemicals Coalition (AFCC) has drafted legislation to create a $500 million development capital grant program in the Department of Energy’s (DOE’s) Loan Programs Office (LPO). You can help
February 26, 2024 Read Full Article
Neste Renews Green Finance Framework
(Neste) Neste has published a renewed Green Finance Framework to align future financing activities with market best practices and standards. Neste published its first Green Finance Framework in 2021 and since then has issued four green bonds totalling EUR 2.1 billion and
February 22, 2024 Read Full Article
What’s behind the Republican Hatred of EVs?
by Kelsey Brugger, Rebekah Alvey (E&E Daily) ... At a recent auto show, Rep. Roger Williams (R-Texas), the Small Business Committee chair, confidently predicted: “EVs won’t exist in a few years.” Hybrids were more viable, argued Williams, the owner of a car
February 14, 2024 Read Full Article
Aemetis Biogas Expands Revenues with First Sale of Low Carbon Fuel Standard Credits
(Aemetis) Sale completed for LCFS credits issued at -150 Carbon Intensity (CI) Temporary Pathway; Testing and verification has been completed and applications submitted for lower CI Provisional Pathways that are expected to increase LCFS revenues by more than 80% compared to
January 24, 2024 Read Full Article
The Midwest Could Produce More Biofuels and Bio-based Products. A Federal Bill Aims to Help
by Jim Meadows (Harvest Public Media/NPR) Legislation in Congress would expand a federal grant and loan program that helps producers of biofuels and other biomanufactured products build and expand their facilities. A Congressional bill proposed by Midwestern representatives from both parties is
January 04, 2024 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
Budzinski Introduces Bipartisan Legislation to Support Biofuels & Biomanufacturing Innovation
(Office of U.S. Representatives Nikki Budzinski (D-IL-13)) U.S. Representatives Nikki Budzinski (IL-13) and Zach Nunn (IA-03) introduced bipartisan legislation to increase biofuel production and drive down energy costs for working families. The Agricultural Biorefinery Innovation and Opportunity (Ag BIO) Act would increase funding for grants to support innovation
December 08, 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
IFC Invests Sh32 Billion in Kenya’s Biofuel Project
by Allan Odhiambo (Business Daily) The International Finance Corporation(IFC) is set to invest Sh31.96 billion ($210 million) in an agribusiness project by Italian firm, Eni Kenya. The IFC said the investment in the form of a senior loan will support capital requirements
November 20, 2023 Read Full Article
Budzinski Introduces Bipartisan Legislation to Support Biofuels & Biomanufacturing Innovation
(Office of U.S. Representatives Nikki Budzinski (D-IL-13)) This week, U.S. Representatives Nikki Budzinski (IL-13) and Zach Nunn (IA-03) introduced bipartisan legislation to increase biofuel production and drive down energy costs for working families. The Agricultural Biorefinery Innovation and Opportunity (Ag BIO) Actwould increase funding for grants to support
November 16, 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
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
Biden-Harris Administration Invests $10.4 Million to Help Rural Californians Expand Use of Renewable Energy and Fuels
(U.S. Department of Agriculture) USDA Rural Development California State Director Maria Gallegos Herrera today announced USDA is investing $10.4 million to upgrade clean fuel infrastructure and help agricultural producers and rural small business owners make energy efficiency improvements and renewable energy
November 07, 2023 Read Full Article
USDA REAP Funding Helps 2 Ethanol Plants Boost Production
by Erin Voegele (Ethanol Producer Magazine) The USDA on Nov. 1 awarded $145 million in loans and grants to 700 projects under the agency’s Rural Energy for America Program. Projects at two ethanol plants are among those that will receive funding. One
November 07, 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
Chevron Does U-turn and Invests in Utah Green Hydrogen Project
by Cameron Murray (Energy Storage News) Oil and gas major Chevron has performed a U-turn and invested in ACES Delta in Utah, US, one of the largest green hydrogen projects in the world, citing a “change of circumstances” when asked by Energy-Storage.news. Through
September 20, 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
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
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
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
Inflation Reduction Act Boosts Renewable Energy and Biofuels Infrastructure
(Iowa Ag Connection) The Inflation Reduction Act (IRA) of 2022 brings significant financial incentives to rural communities, aiming to promote renewable energy production and the transition to sustainable energy sources. Under the bill, approximately $11 billion has been allocated for rural
June 16, 2023 Read Full Article
Aker Horizons awarded up to NOK 135 Million in Financing from Innovation Norway for Rjukan Green Hydrogen Project
(Aker Horizons) Aker Horizons ASA (OSE: “AKH”), a developer of green energy and industry, today announced that Aker Horizons Asset Development, the company’s wholly-owned asset development arm dedicated to hydrogen projects, has been awarded up to NOK 135 million in grants
June 02, 2023 Read Full Article
The Digest’s 2023 Multi-Slide Guide to Aemetis
by Jim Lane (Biofuels Digest) In this presentation, Aemetis CEO Eric McAfee took the ABLC 2023 stage in Washington DC to outline the company’s milestones, technology, financial estimates, policy asks, its portfolio of Carbon Zero One projects, and the company’s
June 02, 2023 Read Full Article
Biofuels the ‘Missing Puzzle Piece’ to Hit Climate Targets
by Mark Ludlow (Financial Review) Australia needs to substitute ethanol in fuel and offer significant tax breaks to renewable fuels if it wants to reach its international climate targets, including net zero by 2050, a new report has found. After the Albanese
May 22, 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
Biden-Harris Administration Makes Historic, $11 Billion Investment to Advance Clean Energy Across Rural America Through Investing in America Agenda
(U.S. Department of Agriculture) Two new programs made possible by the Inflation Reduction Act will support clean and affordable energy, new jobs and healthier communities -- The Biden-Harris Administration today announced the availability of nearly $11 billion in grants and loan
May 17, 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
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
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
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
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
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
UK in Danger of ‘Falling behind’ on SAF Production
by Rob Gill (Business Travel News Europe) Virgin Atlantic’s CEO Shai Weiss has warned that the UK is in danger of “falling behind” other countries in the production of sustainable aviation fuels (SAF). Weiss urged the UK government to offer more
November 25, 2022 Read Full Article
Welcome the Golden Age of Advanced Fuels?
by Alexander Koukoulas, Henna Poikolainen, and Esa Sipilä (AFRY/Biofuels Digest) The second half of 2022 is shaping up to be a watershed year for the advanced fuels and bio-based chemicals industries. New regulatory frameworks to address climate change are providing a
November 11, 2022 Read Full Article
COP27: European Union Concludes a Strategic Partnership with Namibia on Sustainable Raw Materials and Renewable Hydrogen (Also Kazakhstan and Egypt)
(European Commission/EE Online) Today (Nov 8), Commission President Ursula von der Leyen and President of Namibia Hage Geingob signed a Memorandum of Understanding establishing a strategic partnership between the EU and Namibia at the COP27 in Egypt. The partnership aims to ensure
November 10, 2022 Read Full Article
How Much Mining Is Needed to Save the Planet?
by Jael Holzman (E&E News/Greenwire) With climate change pushing the U.S. toward more rapid adoption of new technologies, many Republicans and Democrats are in rare agreement on one key point: This country needs a lot more mines. But exactly how much new
October 14, 2022 Read Full Article
Biden-Harris Administration Announces $2 Billion from Bipartisan Infrastructure Law to Finance Carbon Dioxide Transportation Infrastructure
(U.S. Department of Energy) Potential Applicants Invited to Submit Letters of Interest for Projects to Deploy Carbon Management Technologies, Fight Climate Change and Create Good-Paying Jobs -- The U.S. Department of Energy (DOE) today (October 6, 2022) began accepting letters of
October 12, 2022 Read Full Article
Apeiron Bioenergy Secures Equity Investment from Proterra Investment Partners Asia to Solidify Upstream Capabilities
(Apeiron Bioenergy/ACN Newswire) - Proterra Investment Partners Asia's first exposure to biofuel; - Apeiron to leverage Proterra's strength in food-agriculture, natural resources and renewable feedstock -- Apeiron Bioenergy has entered into an equity investment agreement with Proterra Investment Partners Asia.
October 06, 2022 Read Full Article
Chhattisgarh's First Ethanol Plant to Come up in Kabirdham District
by R Krishna Das (Business Standard) The establishment of an ethanol plant will generate direct and indirect employment opportunities in the region and boost economic prosperity in the region. Chhattisgarh’s first ethanol plant will be constructed near Bhoramdev Cooperative Sugar Factory in Kabirdham
September 05, 2022 Read Full Article
IREDA Signs MoU with Bank of India to Co-finance Renewable Energy Projects
(IREDA) Indian Renewable Energy Development Agency Ltd. (IREDA) today, signed a Memorandum of Understanding (MoU) with Bank of India (BoI) for co-lending, co-origination, and loan syndication for Renewable Energy projects. The MoU was signed at the Bank of India headquarters in
August 23, 2022 Read Full Article
World Class Holdings Issues One of the First Green Jet Biofuel Deals to Meet the Blockchain Technology
(Kingston Whig Standard) World Class Holdings 'WCH', a private fund concentrated on sustainable projects and raising capital with the use of advanced technology--World Class Holdings “WCH”, a private fund, is delivering one of the first green jet Biofuel deals to
August 22, 2022 Read Full Article
Biden Signs New SAF, Hydrogen, Clean Fuel Tax Credits into Law
by Erin Voegele (Ethanol Producer Magazine) President Joe Biden on Aug. 16 signed the Inflation Reduction Act into law, calling the legislation the “biggest step forward in climate—ever” and stressing it will allow the U.S. to boldly take addition steps towards
August 17, 2022 Read Full Article
The Inflation Reduction Act of 2022: Additional Funding for the DOE Loan Program Office to Support U.S. Energy Infrastructure, Vehicle, and Mass Transit Development
by Mark J. Riedy, John C. F. Loving, Stephen M. Anstey and Patrick McShane (Kilpatrick Townsend – Energy/Biofuels Digest) ... Of the $369 billion for energy security and climate change, which supports various tax incentives, programs, and other initiatives, the IRA
August 15, 2022 Read Full Article
“The Roof Is Lifting” – The United States to Inject $800 Billion into Climate, Energy Sectors as IRA 2022 Passes to Biden for Signing
by Jim Lane (Biofuels Digest) ... One of the Digesterati described the shift in momentum: “The roof is lifting off the renewable energy industry broadly with the IRA and the Infrastructure Investment and Jobs Act of 2021. The IRA and IIJA
August 15, 2022 Read Full Article
Renewable Diesel Plant with Potential to Save 880 Million Pounds of Carbon Emissions per Year Launches Operations in Reno
(Greater Commercial Lending/PR Newswire) New Rise Renewables Reno Deploys Breakthrough Technology to Turn Renewable Feedstocks into Diesel that Burns Clean; Project Funded by USDA-Guaranteed Loans Arranged by Greater Commercial Lending -- One of the country's most advanced renewable fuel plants will
August 11, 2022 Read Full Article
IFC, Usina Santa Adélia to Boost Renewable Energy and Climate-Smart Agricultural Techniques in Brazil
(International Finance Corporation) IFC, a member of the World Bank Group, is supporting a new project to strengthen the clean and renewable energy market in Brazil. The $50 million financing package to Usina Santa Adélia will expand the company's ethanol
June 30, 2022 Read Full Article
USDA’s Rural Business Cooperative Service: The Digest’s 2022 Multi-Slide Guide to USDA
by Jim Lane (Biofuels Digest) The commercialization of emerging tech, the production of biofuels, renewable chemicals and biobased products – these are some of the things the USDA Rural Business Cooperative Service is working on. Find out about their Guaranteed
June 17, 2022 Read Full Article
Groups Send Letter to Congress Highlighting Oilheat Industry Policy Priorities
by Ron Kotrba (Biobased Diesel Daily) A number of organizations, including state energy associations and Clean Fuels Alliance America, sent a letter to federal policymakers May 12 highlighting several policy priorities for the heating oil industry. The industry is pursuing goals for
May 17, 2022 Read Full Article
6 Key Takeaways from CII Webinar on ‘Ethanol Roadmap for 2025’
by Shivam Dwivedi (Krishi Jagran) CII (Confederation of Indian Industry) held a webinar titled "Ethanol Roadmap for 2025" on April 22, 2022, and GPS Renewables sponsored the webinar. The 'Ethanol Roadmap for 2025' webinar highlighted the market opportunity of 1G Ethanol
April 26, 2022 Read Full Article
Govt Opens 6-Month Window for Sugar Mills to Submit Ethanol Proposals
(PTI/The Economic Times) The government is implementing a scheme since 2018 to offer soft loans to sugar mills and distilleries with an aim to increase ethanol output and its supply under Ethanol Blended with Petrol (EBP) Programme, especially during the surplus
April 26, 2022 Read Full Article
Preem Signs SEK 3 Billion Loan Agreement with Swedish Export Credit Corporation
(Preem) As part of the strategy to switch to large-scale renewable fuel production, Preem will sign a SEK 3 billion loan agreement with Swedish Export Credit Corporation (SEK). The loan is covered by the Swedish National Debt Office's program for green
April 26, 2022 Read Full Article
Spain: EIB and ICO sign first joint financing for green hydrogen development with Iberdrola
(Electric Energy Online/European Investment Bank) -The green financing from the EIB and ICO will help Iberdrola to build a large-scale green hydrogen production plant, one of the largest for industrial use in Europe. -The Puertollano, Castilla-La Mancha (Spain) plant has a
April 12, 2022 Read Full Article
Applying for Commercial Scale Bioeconomy Federal Funding?
by Bill Hagy (Lee Enterprises Consulting/Biofuels Digest) In considering applying for federal funding for a commercial scale bioeconomy project, one should know that there are many types of federal funding available – grants, direct loans, loan guarantees or combinations of two
March 21, 2022 Read Full Article
Nova Pangaea, Aemetis, World Energy, Gevo, USA BioEnergy, Sherdar Australia Bio Refinery, DG Fuels, and Sweetwater Commercialization
by Helena Tavares Kennedy (Biofuels Digest) Nova Pangaea Technologies, the UK cleantech company at the heart of the drive to Net Zero, started the Front-End Engineering Design (FEED) study for its first commercial plant in the UK. Aemetis, Gevo, USA BioEnergy,
March 07, 2022 Read Full Article
Leveraging Infrastructure Cash For Carbon Transport Projects
by Ellen Friedman and Ben Reiter (Law360) The Infrastructure Investment and Jobs Act, signed into law by President Joe Biden on Nov. 15, 2021, includes over $12 billion in funding for carbon capture and sequestration, or CCS, programs.[1] At the heart of
March 02, 2022 Read Full Article
JPMorgan Asset Arm Creates New Team to Focus on Sustainable Investments
by Sohini Podder (Reuters) JPMorgan Chase & Co's (JPM.N) asset management arm said on Monday (January 24, 2022) it had created a new private equity team to focus on sustainable investments, the bank's latest move to align its activities with its climate-change
February 02, 2022 Read Full Article
Notice of Solicitation of Applications for Inviting Applications for the Intermediary Relending Program for Fiscal Year 2022 DEADLINES: December 31, 2021; March 31, 2022; June 30, 2022
(Rural Business-Cooperative Service, USDA/Federal Register)This Notice is to invite applications under the Intermediary Relending Program (IRP) for fiscal year (FY) 2022, subject to availability of funding. This Notice is being issued in order to allow applicants enough time to leverage financing, prepare
December 23, 2021 Read Full Article
Do We Want All of These Electric Car Mines? If EVs Are Supposed to Be a Social Good, How Do We Deal with Them Needing Mines Nobody Wants?
by Raphael Orlove (Jalopnik) ... 1st Gear: Here’s Another Fun ‘Wait Do We Actually Want These Lithium Mines’ Article -- Every day I feel like there’s a new article about lithium mining coming home. Just the other day, Bloomberg was wringing its
December 22, 2021 Read Full Article
Heard on the Floor at ABLC 2021 – October 28
by Jim Lane (Biofuels Digest) ABLC 2021 continues today with its theme of ““building a bridge to Net Zero” after a flurry of announcements buzzed around the floor yesterday, as the 560 delegates grappled with the immense opportunities and supply chain
October 30, 2021 Read Full Article
Air Fares to Soar Thanks to Brussels Biofuel Rules, Warns Willie Walsh
by Oliver Gill (The Telegraph) Ex-BA boss says airlines forced by EU to increase their use of sustainable fuel will pass on cost to passengers -- Holidaymakers will face higher ticket prices as a result of EU plans to force airlines
October 16, 2021 Read Full Article
Nebraska Senator Promotes Precision Ag Loan Bill
(AgNewsWire) U.S. Senators Deb Fischer (R-NE) and Amy Klobuchar (D-MN) have introduced bipartisan legislation to create a program within USDA to provide loan financing to farmers and ranchers interested in purchasing precision agriculture equipment. Sen. Fischer spoke on the Senate floor Monday about the
September 29, 2021 Read Full Article
Decarbonizing Aviation: The Digest’s 2021 Multi-Slide Guide to LanzaJet
by Jim Lane (Biofuels Digest) Lanzajet says we are at an inflection point for the sustainable aviation industry. Why? How? What’s LanzJet’s role in it all? How are they driving innovation and accelerating deployment of SAF? What’s the status of
September 22, 2021 Read Full Article
USDA Invests $464 Million in Renewable Energy Infrastructure to Help Rural Communities, Businesses and Ag Producers Build Back Better
(U.S. Department of Agriculture) Projects Will Support Climate-Smart Solutions to Lower Energy Costs in 48 States and Puerto Rico -- U.S. Department of Agriculture Secretary Tom Vilsack today announced that the Department is investing $464 million to build or improve renewable energy
September 10, 2021 Read Full Article
The Recycling Myth: Big Oil's Solution for Plastic Waste Littered with Failure
by Joe Brock, Valerie Volcovici and John Geddie (Reuters) ... The destination was a company called Renewlogy. The startup marketed itself as an “advanced recycling” company capable of handling hard-to-recycle plastics such as plastic bags or takeout containers –
July 30, 2021 Read Full Article
Minister O’Regan Launches Call for Proposals under $1.5-Billion Clean Fuels Fund to Grow Clean Fuels Market across Canada DEADLINE: September 29, 2021
(Natural Resources Canada) The Government of Canada is building a low-emissions energy future to strengthen the economy, create good, middle-class jobs and support workers in our natural resource sectors. Producing and using cleaner fuels in our buildings, vehicles and industries
June 23, 2021 Read Full Article
Ethanol Distillation Capacities Likely to Be Doubled by 2025, Says Centre
(ANI/Yahoo!) It is likely that ethanol distillation capacities in the country would be more than doubled by 2025 and India would be able to achieve 20 per cent blending target, said Sudhanshu Pandey, Secretary of the Department of Food and Public
June 16, 2021 Read Full Article
India Brings forward by 2 Years 20% Ethanol Blend to Gasoline
(Reuters) India's government will bring forward to 2023 from 2025 the possibility of fuel companies selling gasoline containing up to 20% of ethanol (E20), according to brokers and a publication in the country's official gazette on Wednesday. It is the second time
June 03, 2021 Read Full Article
Anaerobic Digestion: An Economic & Environmental Benefit for Farm and Ranch Livestock Operations
by Bill Hagy (Lee Enterprises Consulting/Biofuels Digest) How can one determine if an anaerobic digester will provide a value-added economic opportunity as well as an environmental solution for my livestock operation? There are several factors to consider: Size of the farm or
May 20, 2021 Read Full Article
On Earth Day, USDA Invests $487 Million in Rural Water, Energy, and Biofuel Infrastructure
(U.S. Department of Agriculture) Today (April 22, 2021), in honor of Earth Day 2021, Deputy Under Secretary for Rural Development Justin Maxson announced the United States Department of Agriculture (USDA) is investing $487 million in critical infrastructure that will help communities
April 23, 2021 Read Full Article
Córdoba Launched a Program to Promote Self-Consumption of Biodiesel
by Gabriela Origlia (Dario La Nation/Argentina/Biodiesel Argentina (Google translation))The provincial government provided $ 500 million for 48-month loans, with a six-year grace period and "symbolic" interest. The governor of Córdoba , Juan Schiaretti, launched a plan for $500 million for biodiesel self-consumption
April 20, 2021 Read Full Article
Lawmakers Introduce Comprehensive CO2 Infrastructure Bill
by Erin Voegele (Ethanol Producer Magazine) Sens. Chris Coons, D-Del., and Bill Cassidy, R-La., and Reps. Marc Veasey, D-Texas, and David McKinley, R-W.V., on March 17 introduced the Storing CO2 and Lowering Emissions (SCALE) Act, a comprehensive CO2 infrastructure package. The bill
March 18, 2021 Read Full Article
No Project Left Behind: The Digest’s 2020 Multi-Slide Guide to USDA Funds & Programs
by Jim Lane (Biofuels Digest) Today we look at paths to leverage your next project using USDA programs and funds, with former acting USDA Undersecretary Bill Hagy, No Project will be Left Behind! Check out this illuminating slide guide covering
March 02, 2021 Read Full Article
Every 10% of Bio-LNG Drop-In Gives Another Two Years ‘Runway Extension’ for GHG Reduction Compliance
(SEA_LNG) New analysis from SEA-LNG, the coalition for accelerating LNG as a marine fuel, has determined that for every 10% of bio-LNG dropped in and blended with LNG as a marine fuel, a vessel can achieve two extra years’ compliance with
February 25, 2021 Read Full Article
Mumias Sugar to Resume Ethanol Production
by Benson Amadala (Nation Media Group) The management of the financially struggling Mumias Sugar Company is planning to restart ethanol production which was disrupted in the last one month due to a shortage of raw material. The miller has started the process
February 12, 2021 Read Full Article
A Surge in Green Financing Boosts Climate Businesses: Renewables, Heavy Industry Efficiencies and Novel Transport Ideas Are Attracting Mainstream Investors
by Steven Mufson (Washington Post) ... But now, as the cost of renewable energy plummets and awareness of the magnitude of climate change grows, market forces are luring investors into all sorts of “green” finance, nearly doubling the size of
January 28, 2021 Read Full Article
USDA’s Support for Rural Growth: The Digest’s 2020 Multi-Slide Guide to Rural Business-Cooperative Service
by Jim Lane (Biofuels Digest) Mark Brodziski, Deputy Administrator at the U.S. Department of Agriculture, shared this illuminating slide guide at ABLC 2020 about how the USDA’s Rural Business-Cooperative Service offers programs to support rural business growth across markets in
January 21, 2021 Read Full Article
Top 10 Bioeconomy Must-Knows in the Biden Transition
by Jim Lane (Biofuels Digest) Who are the key bioeconomy players in the new Biden Administration? What recent moves by the outgoing Trump Administration and Congress will set their budget and regulatory framework for 2021. What will the new Administration
January 20, 2021 Read Full Article
The Digest’s Top 10 Advanced Bioeconomy Markets and Predictions for 2021
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
January 06, 2021 Read Full Article
Cost Breakthrough in Department of Energy Loan Guarantees
(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
January 05, 2021 Read Full Article
The $40B Awaitng Biden's DOE
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
January 04, 2021 Read Full Article
Government Extends Interest Subvention for Ethanol to Grain-Based Units
by Sanjay Dutta (MSN/Times of India) The government on Wednesday approved interest subvention of Rs 4,573 crore to raise ethanol manufacturing capacity to 1,000 crore litres by including grain-based distilleries in addition to just molasses-based units. The government aims to use the
January 01, 2021 Read Full Article
Sweden: MUFG and Societe Generale Support Clean Urban Transport in Gothenburg with EIB Credit Line
(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
December 29, 2020 Read Full Article
The Big, Big Package: What’s under the Christmas Tree for the Bioeconomy, in the $1.4T New Spending Bill?
by Jim Lane (Biofuels Digest) The $1.4 trillion spending package includes appropriation for Fiscal Year 2021, the COVID stimulus package, extensions of popular tax credits that otherwise expired on December 31st, and the Energy Act of 2020, a $35B version
December 23, 2020 Read Full Article
Farmers Should Focus on Biofuel to Increase Earning Potential: Gadkari
(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
December 10, 2020 Read Full Article
Government Mulls Advancing 20% Ethanol Blending Target
(The Hindu Business Line) May also tap rice lying with FCI and maize from surplus States -- The Centre, which is trying to create an additional 468-crore litre ethanol capacities through loans for setting up distilleries, may advance the deadline for
November 23, 2020 Read Full Article
EU Aviation Sector Calls for Policy Support and Investment to Help Achieve Carbon Neutrality by 2050
(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
November 20, 2020 Read Full Article
Chhattisgarh Seeks Centre’s Nod to Make Bio-Ethanol from Surplus Paddy
by Ritesh Mishra (Hindustan Times) Bhupesh Baghel informed Pradhan that an estimated 6 lakh tonnes of surplus paddy will be made available by the state government to ethanol plants for production. -- Chhattisgarh chief minister Bhupesh Baghel met Union petroleum,
November 19, 2020 Read Full Article
Banking on Climate
by Kelsey Tamborrino (Politico's Morning Energy) U.N. special envoy for climate change Mark Carney will tell the Bloomberg New Economy Forum today that central banks can take a more proactive role in defending the financial system from climate change shocks while
November 18, 2020 Read Full Article
Govt May Extend Soft Loans to Grain-Based Units to Spur Ethanol Output
(Business Standard/Trust of India) Under the scheme, the government has extended twice the interest subvention that comes up to Rs 4,600 crore for a loan amount of Rs 22,000 crore -- To boost ethanol production in the country, the government is considering extending
October 29, 2020 Read Full Article
Less Sugar and More Ethanol, the Survival Mantra for Maharashtra Sugar Mills
by Radheshyam Jadhav (The Hindu Business Line) As Maharashtra sugar mills start crushing season on Thursday they have a target to fulfil — not to produce excess sugar but produce 104 crore litres of ethanol. According to the Indian Sugar Mills
October 15, 2020 Read Full Article
Is There Money for Renewable Fuels? Latest Perspectives on Financing Renewable Fuel Projects
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
October 13, 2020 Read Full Article
How Agricultural Lenders Can Boost Climate Resilience
(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
September 10, 2020 Read Full Article
USDA Implements OneRD Guarantee Loan Initiative
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,
September 01, 2020 Read Full Article
Daimler: Jatropha Plant Opens up New Prospects
(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
August 28, 2020 Read Full Article
Centre Sets Target of 362 Crore Litres of Ethanol for Sugar Mills in 2020-21
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
August 18, 2020 Read Full Article
Renewable Chemicals and Materials: The Digest’s 2020 Multi-Slide Guide to Praj’s Bioeconomy Perspective
by Jim Lane (Biofuels Digest) Praj Industries recently added renewable chemicals and materials to their portfolio of products going beyond biofuels and their Executive Chairman Dr. Pramod Chaudhari shared this illuminating presentation at ABLC Digital on the India story, the
July 23, 2020 Read Full Article
USDA Issues Rule to Streamline 4 Loan Guarantee Programs Comments DEADLINE: September 14, 2020
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
July 15, 2020 Read Full Article
Fiberight Plant Is Shut Down; Trash Sent to Landfill
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
June 18, 2020 Read Full Article
Eco Insights Episode 2: Equity, Finance, and Lending for Bioenergy Projects
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
June 10, 2020 Read Full Article
Help for Coronavirus-Stricken Biofuel Industry and Others is Needed Now!
(Solutions from the Land) ... Compared to the relief that is being considered for the oil industry, it is still a meager response. Changes made late last month by the Federal Reserve to a $600 billion loan program created to help small- and
May 13, 2020 Read Full Article
This Is Not the Green Stimulus You're Looking for
by Kelsey Tamborrino (Politico's Morning Energy) House Democrats unveiled a $3 trillion package on Tuesday to respond to the coronavirus crisis that they're planning to vote on at the end of the week. The 1,815-page measure is largely a messaging bill with
May 13, 2020 Read Full Article
Resources for R&D, Pre-Commercial/Demo, Commercial Phases: The Digest’s 2020 Multi-Slide Guide to Federal Programs Supporting the Bioeconomy
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
May 12, 2020 Read Full Article
Fossil Fuel Firms Linked to Trump Get Millions in Coronavirus Small Business Aid
by Emily Holden (The Guardian) Revealed: Oil and mining firms – some with ties to Trump officials – taking advantage of funding, review shows -- US fossil fuel companies have taken at least $50m in taxpayer money they probably won’t have
May 04, 2020 Read Full Article
Bank of North Dakota Establishes Ethanol Loan Program
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
May 01, 2020 Read Full Article
Trump Poised to Offer Bridge Loans to Ailing Oil Companies
by Saleha Mohsin, Ari Natter and Jennifer A. Dlouhy (Bloomberg/RigZone) The Trump administration may announce as soon as Thursday a plan to offer loans to the ailing oil industry possibly in exchange for a financial stake, according to two people familiar
April 30, 2020 Read Full Article
As Price of Oil Drops, Trump Orders Plan to Help U.S. Energy Companies: Energy Secretary Says Funds from Fed’s Main Street Loan Program Might Be Needed to Help Oil Companies
by Will Englund (Washington Post) President Trump said Tuesday he has ordered his administration to come up with a plan to provide federal assistance to the oil and gas industry in the United States, which has been staggered by the
April 22, 2020 Read Full Article
Getting Money to Survive and Thrive – Federal Programs and Resources Available to Support the Bioeconomy
by Bill Hagy (Lee Enterprises Consulting, Inc./Biofuels Digest) A series of PowerPoint Presentations outlining key Federal Financial Programs and Assistance that are available to support the domestic bioeconomy have been provided. This was not intended to be an” all inclusive” listing of
April 21, 2020 Read Full Article
Biofuels Industry Needs CCC Assistance
by P. Scott Schearer (Natinal Hog Farmer/Informa Business Media ) Legislative Watch: Biofuels feeling COVID-19 impact; CO2 shortage hits food industry; more loan flexibility needed; expanding beef pricing inquiry; USMCA moving forward. -- ... A bipartisan group of Senators is
April 13, 2020 Read Full Article
Ahead of Stimulus Talks, Voters Back Relief for Renewables More Than for Oil and Gas
by Lisa Martine Jenkins (Morning Consult) -- 38% of voters support a bailout for the oil and gas industry, compared to 54% backing for a renewables industry bailout. -- Republicans are nearly as supportive of a renewables bailout (49%) as
April 03, 2020 Read Full Article
Agriculture and Bioeconomy: EIB Approves €700 Million of Financing under the Investment Plan for Europe Amid Coronavirus Pandemic
(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;
April 03, 2020 Read Full Article
USDA, DOE, SBA Programs for Biofuels, Biopower, Biochem: The Digest’s 2020 Multi-Slide Guide to Federal Programs Supporting Commercial Scale Development
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
April 03, 2020 Read Full Article
Coronavirus Stimulus Would Provide Indirect Help for Biofuels
by Mark Dorenkamp (Brownfield Ag News) The head of the Renewable Fuels Association says although there’s no direct assistance for biofuels, the economic stimulus package would help ethanol plants. Geoff Cooper tells Brownfield several measures benefit producers. “There’s some small business relief, loans
March 26, 2020 Read Full Article
EQTEC to Upgrade Spanish Waste to Energy Facility for Biofuel Production
(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
February 27, 2020 Read Full Article
Industry Veterans Introduce BTC Bridge Loan Funding for Biodiesel Producers
(Rock House Advisors/EIN Presswire) Joe Jobe, President and Founder of Rock House Advisors, and Peter Behrle, Managing Director of PB Renewables, LLC are pleased to announce biodiesel tax credit (BTC) bridge loan funding for biodiesel producers. Jobe and Behrle are
February 03, 2020 Read Full Article
Rural America’s Bioeconomy: The Digest’s 2020 Multi-Slide Guide to Rural Energy for America Program, The Farm Bill
by Jim Lane (Biofuels Digest) Between droughts, trade wars, and more, Rural America has had so many challenges, but the U.S. Department of Agriculture is trying to help with various Rural Business-Cooperative Service’s programs including investment of approximately $2 billion across
January 31, 2020 Read Full Article
Utt’khand Co-op Sugar Mills to Set up Ethanol Plant
by Rohit Gupta (Indian Cooperative) With an objective to improve the conditions of cooperative sugar mills in Uttarakhand, the state government is planning to install ethanol plants in the cooperative sugar mills of the state. This was announced in a meeting chaired by
January 30, 2020 Read Full Article
Balrampur Chini Sees Government Push for Ethanol Bringing Stability for Sugar Suppliers
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
January 23, 2020 Read Full Article
Cutting Edge Funding: The Digest’s 2019 Multi-Slide Guide to Debt and Equity Financing Mechanisms for Bioeconomy Projects
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,
January 02, 2020 Read Full Article
Coop Sugar Mills Seek Restructure of Soft Loans to Factories in Maharashtra
(Financial Express) Maharashtra has not be able to take advantage of the Rs 15,000-crore loan scheme of the government given for sugar mills since the balance sheets of mills are not healthy, Naiknavare said. The National Federation of Cooperative Sugar Factories
December 27, 2019 Read Full Article
EU Bank Launches Ambitious New Climate Strategy and Energy Lending Policy
(European Investment Bank) The EIB will end financing for fossil fuel energy projects from the end of 2021; Future financing will accelerate clean energy innovation, energy efficiency and renewables; EIB Group financing will unlock EUR 1 trillion of climate action
November 15, 2019 Read Full Article
The Advanced Bioeconomy Report Q2 2019 Earnings: The Year of Living Endangeredly
by Jim Lane (Biofuels Digest) In hand we now have the latest earnings reports from what you might call the 8 Pathfinders – eight publicly traded stocks whose second quarter results offer insights into the health and performance of the advanced
September 03, 2019 Read Full Article
The Golden Cow – Is India the Place to Be for Biofuels?
by Helena Tavares Kennedy (Biofuels Digest) ... Is India the cash cow for biofuels? Or even the golden cow? If Aemetis’ recent 200% year over year increase in biodiesel sales is any indication…well, let’s just say we see the value. The market It
August 19, 2019 Read Full Article
Kenya Farmers Fight Drought with Biofuel from Cotton Waste
(Voice of America/Reuters) Kenyan farmer Abel Mutie Mathoka thought it must be a joke when he was told he could irrigate his drought-hit crops more cheaply, cleanly and efficiently using a pump fueled by cotton waste. “Who could believe it’s possible
June 07, 2019 Read Full Article
Maharashtra Sugar Millers Seek Long-Term Pacts with OMCs for Ethanol
by Nanda Kasabe (Financial Express) Sugar millers in Maharashtra have sought the intervention of the Niti Aayog to ensure long term purchase agreements with Oil Marketing Companies (OMCs) on the lines of power purchase agreements with the cogeneration units set up by
May 15, 2019 Read Full Article
EIB to Unlock EUR 2 Billion for Agriculture across Europe with Special Support for Young Farmers
(European Investment Bank) EIB loans, channelled through partner banks, will mobilize close to EUR 2 billion of financing for agriculture and the bioeconomy; At least 10% of EUR 1 billion loans package will be dedicated to young farmers; Results of fi-compass survey of
April 30, 2019 Read Full Article
Only 7% of Sum Cleared for Ethanol Projects Disbursed
by Preeti Bhagat and Stuti Chawla (Cogencis) Banks have disbursed only 4 bln rupees of the 61.4-bln-rupee soft loan approved by the government to help sugar mills boost ethanol production, a senior government official said. As part of an incentive scheme announced in June to
February 27, 2019 Read Full Article
Want a Green New Deal? Here’s a Better One.
(Washington Post) We favor a Green New Deal to save the planet. We believe such a plan can be efficient, effective, focused and achievable. The Green New Deal proposed by congressional Democrats does not meet that test. Its proponents, led by
February 26, 2019 Read Full Article
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