In Oregon, EVENSOL LLC, a renewable energy project developer focusing on biogas and methane mitigation, announces that it closed an investment tax credit transfer deal earlier this fall on its two North Carolina renewable natural gas projects, totaling a combined $34.5 million. The transaction was facilitated by Monarch Private Capital and closed in collaboration […]
In Saudi Arabia, Aramco, TotalEnergies, and Saudi Investment Recycling Company (SIRC), the major player which collects and valorizes organic materials into sustainable products in Saudi Arabia, announced today the signing of a Joint Development and Cost Sharing Agreement (JDCSA) to assess the development of a sustainable aviation fuels (SAF) production unit in the Kingdom of […]
In Pakistan, the Asian Development Bank (ADB) and SAFCO Venture Holdings Limited (SAFCO) have signed a landmark $86.2 million financial package to finance the construction and operation of a sustainable aviation fuel (SAF) facility in Sheikhupura, Pakistan, the first private sector-led SAF initiative in Asia and the Pacific. The financing includes $41.2 million from ADB’s […]
In Belgium, combined biogas and biomethane production in 2023 amounted to 22 bcm, according to the 14th edition of the Statistical Report published Wednesday by the European Biogas Association. This is more than the entire inland natural gas demand of Belgium, Denmark, and Ireland combined, and represents 7% of the natural gas consumption of the […]
In the UK, easyJet, Braathens Renavia, in partnership with Mana Group and World Fuel Services (World Fuel), announced the signing of a Memorandum of Understanding for the long-term supply of sustainable aviation fuel for easyJet’s operations in Europe and the UK. The agreement supports the airline’s decarbonisation strategy and is expected to give easyJet access […]
In California, UC Santa Cruz chemists have discovered a new way to produce biodiesel from waste oil that both simplifies the process and requires relatively mild heat. This discovery has the potential to make the alternative fuel source much more appealing to the massive industrial sectors that are the backbone of the nation’s economy. In […]
In Minnesota, Freeborn County Cooperative Oil Company failed to install and upgrade equipment compatible with the fuels it was storing at seven of its convenience stores in Freeborn and Mower counties, according to a Minnesota Pollution Control Agency (MPCA) enforcement investigation. MPCA staff inspections in April 2024 confirmed the company failed to install the ethanol-compatible […]
In India, the Universal Biofuels subsidiary of Aemetis in India successfully completed delivery of $103 million of biodiesel to the three government-owned Oil Marketing Companies (OMCs) under cost-plus supply agreements for the one-year marketing period ending September 30, 2024. Aemetis recently received an initial $58 million of new allocations from OMCs for biodiesel supply in […]
In Michigan, SKS has secured financing from SWEN CP to expand its team and accelerate the development of biogas production facilities that convert organic waste to renewable natural gas. SWEN CP, through its strategy SWEN Impact Fund for Transition dedicated to the Energy Transition, aims to contribute to the decarbonization of hard-to-abate sectors in Europe and […]
In the Netherlands, STX Group acquired Marine Olie, a leading trader of waste-based advanced feedstocks. This strategic acquisition strengthens STX Group’s position in the biofuels value chain and supports the company’s vision to become a globally leading trader in the integrated feedstocks-to-fuels-to-ticket markets. Marine Olie’s vast experience in aggregating, blending and optimizing oils and fats, […]
