Category: Fuels

Red Trail Energy first to generate CO2 Removal Certificates in the voluntary carbon market

Red Trail Energy first to generate CO2 Removal Certificates in the voluntary carbon market

March 6, 2024 |

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 […]

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Palm oil prices seen higher thanks to increased demand and stagnant production

Palm oil prices seen higher thanks to increased demand and stagnant production

March 6, 2024 |

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 […]

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Casterra and Evogen expand castor seed production in Brazil and Africa

Casterra and Evogen expand castor seed production in Brazil and Africa

March 6, 2024 |

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 […]

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West Biofuels negotiating up to $30M DOE for low carbon rural energy

West Biofuels negotiating up to $30M DOE for low carbon rural energy

March 6, 2024 |

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, […]

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BOSK Bioproducts lands Quebec development month from Canadian government

BOSK Bioproducts lands Quebec development month from Canadian government

March 6, 2024 |

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 […]

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Sway scores $5M seed round for biopolymer resient from seaweed

Sway scores $5M seed round for biopolymer resient from seaweed

March 6, 2024 |

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 […]

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Aemetis secures Authority to Construct air permits for Riverbank SAF plant

Aemetis secures Authority to Construct air permits for Riverbank SAF plant

March 5, 2024 |

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 […]

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JBS’s UCO collection program for biodiesel grew almost 15% in 2023

JBS’s UCO collection program for biodiesel grew almost 15% in 2023

March 5, 2024 |

In Brazil, in order to promote environmental education and encourage the circular economy, an Oleo Amigo program, created by Biopower, a company of JBS producing biodiesel, grew almost 15% in 2023, with the collection of 4.5 million liters of cooking oil. In about eight years of the program’s existence, more than 26 million liters of […]

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Chevron New Energies developing 5-megawatt solar-to-hydrogen in California

Chevron New Energies developing 5-megawatt solar-to-hydrogen in California

March 5, 2024 |

In California, Chevron New Energies, a division of Chevron U.S.A. Inc., announced it is developing a 5-megawatt hydrogen production project in California’s Central Valley. The project aims to create lower carbon energy by utilizing solar power, land, and non-potable produced water from Chevron’s existing assets at the Lost Hills Oil Field in Kern County. This […]

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StormFisher Hydrogen lands $30M investment for projects in US and Canada

StormFisher Hydrogen lands $30M investment for projects in US and Canada

March 5, 2024 |

In Canada, StormFisher Hydrogen, a low carbon fuel facility development company, has secured a $30 million investment from ARC Financial Corp. The funding will be used to develop an existing pipeline of projects in the United States and Canada. Since its inception in 2006, StormFisher has been focusing on projects to produce low carbon fuels […]

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