In France, Airbus, the Air France-KLM Group, Associated Energy Group, LLC, BNP Paribas, Burnham Sterling, Mitsubishi HC Capital Inc. and Qantas Airways Limited co-invested in a Sustainable Aviation Fuel (SAF) financing fund to accelerate the production of SAF. The corporate partners worked with investment manager Burnham Sterling Asset Management to establish the Sustainable Aviation Fuel […]
In Italy, Eni has signed a temporary exclusivity agreement with KKR, a leading global investment firm, aimed at progressing the due diligence phase and completing the drafting of the documents related to the sale of a 20% to 25% stake in Enilive, based on a valuation of the company between 11.5 billion and 12.5 billion […]
In Maryland, The U.S. Department of Energy (DOE) has awarded Atlantic Biomass a $184,000 grant for “Low-Cost Production of Sustainable Aviation Fuels (SAF) from Perennial Feedstocks using Simultaneous Ball Milling and Enzyme Hydrolysis.” Work on this project will be performed by Atlantic Biomass with their STTR Institutional Partner, The Ohio State University Department of Food, […]
In Germany, Envision Group, a leading global green technology company, and DHL Group signed a Strategic Partnership Agreement to foster a comprehensive cooperation in logistics solutions and mutually accelerate the progress of sustainability targets. The partnership covers four main areas: logistics solutions, Sustainable Aviation Fuel (SAF), green energy, and the joint development of a “Net […]
In Brazil, Brazil’s biofuel production reached a historical record in 2023, with robust growth and diversification of the country’s renewable energy sources. Ethanol and biodiesel production totaled almost 43 billion liters, reaching a historical record. The Brazilian Statistical Yearbook on Oil, Natural Gas and Biofuels 2024 (Anuário Estatístico Brasileiro do Petróleo, Gás Natural e Biocombustíveis […]
In France, the International Energy Agency prepared a report in support of Brazil’s G20 presidency which examines the complexities and discusses regulatory approaches for accounting biofuel carbon intensity across various regions. It highlights the main reasons for variability of lifecycle GHG emissions of biofuels and emphasises that impacts of land use change are a major […]
In Colorado, Cowboy Clean Fuels announced the successful closing of approximately $13 million in Series B equity financing. This funding will be pivotal in commercializing its groundbreaking technology for the simultaneous production of renewable natural gas (RNG) and permanent sequestration of carbon dioxide, presenting a significant opportunity for investors in the growing renewable energy and […]
In Indonesia, various pulping methods, such as Kraft, sulfite, and soda, have been adopted to produce cellulose from lignocelluloses. Pulping methods such as semi-chemical, sodium hydroxide and sodium sulfide, and organosolv and sulfite acid have been employed in the time past. However, the chemical method has been used extensively to isolate cellulose from plant biomass, […]
In Washington, NATSO, representing America’s travel centers and truck stops, SIGMA: America’s Leading Fuel Marketers, and the National Association of Convenience Stores (NACS), commended a bipartisan group of lawmakers for introducing the “Biodiesel Tax Credit Extension Act of 2024,” which would extend the biodiesel blender’s tax credit. The legislation is sponsored by Representatives Mike Carey […]
In California, Yield10 Bioscience has signed a Memorandum of Understanding and License Agreement with Nuseed Nutritional US Inc., granting Nufarm a commercial license to certain Omega-3 intellectual property assets, materials and know-how for producing oil in Camelina. Nufarm and Yield10 have additionally agreed to immediately negotiate exclusively with each other for the sale of Yield10’s […]
