In California, Infinium announced that it had secured a $1.1 billion investment from Brookfield Asset Management to scale its production of ultra-low carbon eFuels and meet the rising global demand for sustainable aviation fuel. The funding includes $200 million for Infinium’s Project Roadrunner in West Texas and up to $850 million for future eFuels projects […]
In South Korea, HMM announced plans to invest KRW 14.4 trillion into sustainable initiatives by 2030 as part of its strategy to become a global leader in eco-friendly shipping. This investment will focus on acquiring 70 low-carbon vessels, designed to meet global environmental regulations and drive the company’s transition towards carbon neutrality by 2045. These […]
In Canada, Vancouver-based Inomin Mines Inc. announced its application for hydrogen rights at the Beaver-Lynx critical minerals project in British Columbia. This move aims to explore the site’s potential for naturally occurring hydrogen, also known as “white hydrogen,” which could be a game changer in clean energy production. The project, positioned between two major copper […]
In Indonesia, VOI reports the Ministry of Energy and Mineral Resources announced plans to develop coconut reject—waste from coconut processing—into bioavtur, a sustainable aviation fuel, to support green energy initiatives. The move is part of a broader strategy to boost renewable energy use and reduce reliance on fossil fuels, responding to President Joko Widodo’s call […]
In Ireland, Rubicon’s Infrastructure and Energy Transition Debt Fund committed £15 million to finance an anaerobic digestion plant in Wales, marking the fund’s first transaction. The project, developed by abrdn Global Sustainable Infrastructure Partners and Circular Economy Developments, will convert 120,000 tonnes of food waste annually into 180 MWh of biomethane, with a portion used […]
In Indonesia, Indonesia Business Post reports Pertamina New & Renewable Energy announced a partnership to build a bioethanol plant in East Java, with a projected capacity to produce 30,000 kiloliters annually using molasses, a by-product of sugar processing. This move is part of Pertamina’s broader strategy to promote renewable energy and help Indonesia reach its […]
In the Netherlands, Offshore Energy reports AIDA Cruises refueled its cruise ship “AIDAprima” in Rotterdam with 100% renewable Bio Marine Fuel as part of its ongoing effort to evaluate alternative fuels that reduce greenhouse gas emissions by at least 85%. This biofuel, sourced from organic waste and provided by VARO Energy, is being tested during […]
In Washington D.C., the U.S. Department of Energy’s Bioenergy Technologies Office announced new efforts to accelerate bioenergy innovations, aligning with the Biden-Harris Administration’s ambitious “Bold Goals for U.S. Biotechnology and Biomanufacturing” initiative. BETO’s strategy focuses on transforming the U.S. bioeconomy by converting sustainable biomass into fuels and bioproducts, supporting the administration’s goal of net-zero emissions […]
In Canada, Methanex announced the acquisition of OCI Global’s international methanol assets for $2.05 billion. The deal includes two large methanol facilities in Beaumont, Texas, with a combined annual production capacity of 1.76 million tonnes of methanol. One plant also produces 340,000 tonnes of ammonia per year, marking Methanex’s entry into ammonia production. The acquisition […]
In France, HRS, a manufacturer of hydrogen refueling stations, announced the installation of seven new hydrogen stations in France and internationally over the past three months, aiming to expand its network and meet the increasing demand for hydrogen fuel in the transportation sector. These stations include the company’s first large-capacity HRS40 station at its Champagnier […]
