Author Archive: Meghan Sapp

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Singapore launches its Sustainable Air Hub Blueprint

Singapore launches its Sustainable Air Hub Blueprint

February 19, 2024 |

In Singapore, the Singapore Sustainable Air Hub Blueprint was launched Monday by Chee Hong Tat, Minister for Transport and Second Minister for Finance, at the Changi Aviation Summit. The Blueprint, which was developed by the Civil Aviation Authority of Singapore (CAAS) in consultation with industry and other stakeholders, sets out Singapore’s action plan for the […]

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RFA report shows ethanol contributed $54.2B towards national GDP

RFA report shows ethanol contributed $54.2B towards national GDP

February 19, 2024 |

In Washington, as inflationary pressures eased and demand boomed for low-carbon ethanol and its co-products, the ethanol industry’s contribution to the U.S. economy remained strong in 2023, according to an annual economic impact analysis conducted for the Renewable Fuels Association by ABF Economics. In 2023, more than 72,400 U.S. jobs were directly associated with the ethanol […]

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Rengo to invest $113M in construction waste-to-ethanol for SAF feedstock

Rengo to invest $113M in construction waste-to-ethanol for SAF feedstock

February 19, 2024 |

In Japan, the Nikkei newspaper reports Rengo plans to invest $133 million in ethanol production from construction waste as feedstock by 2027 to create a feedstock supply for sustainable aviation fuel. Japan aims for 10% SAF consumption by 2030. The idea is to produce the ethanol 20 million liters of ethanol per year via Rengo […]

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Irish Bioenergy Association publishes guide to Specified Biomass Harvesting

Irish Bioenergy Association publishes guide to Specified Biomass Harvesting

February 19, 2024 |

In Ireland, the Irish Bioenergy Association (IrBEA) has published a guide to Specified Biomass Harvesting (SBH) as part of sustainable forest management. Ireland has grown a significant forest resource over the past century since independence, with much of this forest resource now reaching harvest stage. Maximizing the value of this harvest, while protecting the forest […]

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Cathay United Bank closes green trade loan with Apeiron Bioenergy

Cathay United Bank closes green trade loan with Apeiron Bioenergy

February 19, 2024 |

In Singapore, Cathay United Bank (CUB) Singapore Branch saw its long-term commitment to green finance bear fruit in the final quarter last year after it closed a green trade loan deal with Apeiron Bioenergy (Apeiron), a leading player in Singapore’s sustainable energy sector. The entire loan proceeds will support Apeiron’s procurement of used cooking oil (UCO) […]

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123Carbon teams with MOL for carbon insetting project

123Carbon teams with MOL for carbon insetting project

February 19, 2024 |

In Japan, 123Carbon announced its collaboration with TOKYO-Mitsui O.S.K Lines, Ltd (MOL) on a carbon insetting pilot project that will allow its customers to reduce their Scope 3 emissions. MOL is the first shipping company in the APAC region to issue carbon insets on the 123Carbon registry, after completing its robust issuance process, supported by […]

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Virentis Advisors recently closed $55M of Qualified Biogas Property ITC value

Virentis Advisors recently closed $55M of Qualified Biogas Property ITC value

February 19, 2024 |

In Wisconsin, Virentis Advisors announced several successful RNG tax credit transfer transactions that have recently closed, totaling over $55 million of Qualified Biogas Property ITC value. These include: ·      Food waste to RNG and fertilizer facility whose ITC was sold to an investment grade corporate buyer ·      Dairy manure to RNG facility whose ITC was […]

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Cargill awards Forever Green Initiative $2.5M to study winter camelina and domesticated winter pennycress

Cargill awards Forever Green Initiative $2.5M to study winter camelina and domesticated winter pennycress

February 19, 2024 |

In Minnesota, Cargill has awarded $2.5 million to the Forever Green Initiative at the University of Minnesota to support research into two novel oilseed crops—winter camelina and domesticated winter pennycress—that can produce seed-based oil for low-carbon transportation fuels while also protecting soil, improving water quality, and providing new revenue streams for farmers. Fuel made from […]

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South Dakota governor signs E15 fuel tax refund bill into law

South Dakota governor signs E15 fuel tax refund bill into law

February 19, 2024 |

In South Dakota, Governor Kristi Noem held a bill signing ceremony for SB 78 last week, which provides for an E15 fuel tax refund. “Renewable fuels are a very important part of America’s all-of-the-above energy supply, and ethanol is vital to South Dakota’s future. The Biden Administration’s policies have driven gas prices up for South […]

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CARBIOS and De Smet team up to build world’s first PET biorecycling plant

CARBIOS and De Smet team up to build world’s first PET biorecycling plant

February 15, 2024 |

In France, CARBIOS and De Smet Engineers & Contractors (DSEC) announced their collaboration to spearhead the construction of the world’s first PET biorecycling plant. Under the agreement, De Smet has been entrusted with the project management and detailed engineering, including procurement assistance and CARBIOS partners’ management, to ensure the execution of the plant’s construction in […]

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