In Luxembourg, the European Investment Bank (EIB) is teaming up with private investors to support the development of innovative electrolysis technologies needed for Europe`s green transition. With the Germany-based Sunfire, the EU-Bank has signed a first agreement worth up to €100 million to advance Sunfire’s solid oxide electrolysers towards serial production. The EIB`s investment is […]
In North Dakota, Red Trail Energy, LLC (RTE), and Puro.earth announced issuance of RTE’s carbon dioxide (CO2) removal credits on the Puro Registry, making it the first ethanol production facility to generate CO2 Removal Certificates (CORCs) in the voluntary carbon market (VCM) and the largest durable carbon removal project registered to date. RTE will be […]
In Malaysia, Reuters reports palm oil prices are expected to rise over the next few months in part due to increasing demand for biodiesel as well as stagnating production in key countries Indonesia and Malaysia. Palm oil prices have already increased 10% in 2024. Growth in palm oil is expected to be the lowest in […]
In Israel, Casterra Ag Ltd and a subsidiary of Evogen Ltd. are taking significant steps to strengthen its castor production capabilities. The company recently signed strategic agreements with existing and new seed producers in Brazil and Africa to increase its production capabilities of high-yielding, high-oil castor seeds. These agreements are expected to add approximately 400 […]
In California, West Biofuels, LLC was selected for up to $30 million in award negotiations from the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) to provide low-carbon, stable energy for the rural communities in Burney, Mariposa, and Mammoth Lakes, California. By developing a cluster of rural projects in the Sierra Nevada-Cascade, […]
In Canada, a repayable contribution of $1M for BOSK Bioproducts Inc. has been provided by Canada Economic Development for Quebec Regions (CED). This CED support will enable the business to increase its production capacity by establishing a manufacturing unit for compostable bioplastics. The assistance provided will focus on the cost of acquiring equipment and installing, testing, and commissioning this unit. Its […]
In California, Sway, for the first time, will enable seaweed to replace flexible plastics at scale. Representing an entirely new category of biopolymer resin, Sway’s patent-pending Thermoplastic Seaweed resin (TPSea) is a 100% biobased, home-compostable, microplastic-free ingredient made from a regenerative ocean crop that can replenish ecosystems and support coastal communities. Sway’s new technology is […]
In Germany, EU funded BIORECER project, currently in its 18th month, aims to increase the use and to improve the environmental sustainability and traceability of biological raw materials for the bio-based industry. The project additionally assesses novel value chains based on biological feedstocks, including organic by-products, waste and wastewater, in a BioResources Innovation Ecosystem Living-Lab (BRIE-LL). […]
In Washington, a coalition representing farmers, ethanol producers, fuel retailers and fuel distribution companies urged the U.S. Environmental Protection Agency to reject a recent petition by CVR Energy to alter the Renewable Fuel Standard’s credit trading program. CVR Energy’s petition is a counterproductive proposal that would undermine the RFS and ultimately lead to higher prices […]
In California, Aemetis, Inc. announced receipt of the Authority to Construct (ATC) air permits for its planned sustainable aviation fuel (SAF) and renewable diesel (RD) production plant in Riverbank, California. The plant is designed to produce 90 million gallons per year when allocating 50% to SAF and 50% to renewable diesel production, and 78 million […]
