Category: Fuels

DSI announces solicitation for bids of the assets of Fulcrum 

DSI announces solicitation for bids of the assets of Fulcrum 

September 20, 2024 |

In Illinois, Development Specialists (DSI) is marketing for sale the assets of Fulcrum Sierra BioFuels, LLC and Fulcrum BioEnergy. Fulcrum is a clean energy company in the renewable fuels sector, focusing on converting municipal solid waste (MSW) into low-carbon transportation fuels, including sustainable aviation fuel and renewable diesel. Fulcrum’s proprietary process combines gasification and Fischer-Tropsch […]

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Virgin Australia starts using Pertamina’s sustainable aviation fuel

Virgin Australia starts using Pertamina’s sustainable aviation fuel

September 20, 2024 |

In Indonesia, Antara reported that Virgin Australia has become the first international airline to use the sustainable aviation fuel produced by Indonesia’s state-owned energy company Pertamina. “The first SAF delivery at Ngurah Rai Airport signifies that Indonesia can adapt to the energy mix demands in the international aviation industry, where SAF is currently a medium-term […]

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Bio-based materials startup LignEasy secures $1.1 million investment

Bio-based materials startup LignEasy secures $1.1 million investment

September 20, 2024 |

In the UK, Startup Magazine reported that EIT InnoEnergy has committed $1.1 million to LignEasy, a trailblazer in bio-based materials. According to the report, LignEasy focuses on advanced lignin separation technology aimed at reducing carbon emissions within the pulp industry and transitioning away from fossil-based raw materials towards more sustainable, forest-derived alternatives. The report added […]

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Maersk makes further step to support methanol bunkering standards in Japan

Maersk makes further step to support methanol bunkering standards in Japan

September 20, 2024 |

In Japan, A.P.Moller – Maersk said it has taken a significant step towards supporting the development of methanol bunkering in Japan by co-hosting Japan’s first “methanol bunkering simulation” at the Port of Yokohama. The Alette Maersk, Maersk’s fifth dual-fuel methanol vessel, participated in the methanol bunkering simulation conducted by Kokuka Sangyo’s methanol tanker, Eikamaru. To […]

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Strategic Biofuels publishes practical guide to forestry feedstock under the renewable fuel standard following USDA Forest Service Grant

Strategic Biofuels publishes practical guide to forestry feedstock under the renewable fuel standard following USDA Forest Service Grant

September 20, 2024 |

In Louisiana, Strategic Biofuels announced the publication of its free resource, “A Practical Guide to Forestry Feedstock Under the Renewable Fuel Standard.”  The company said that this practical guide aims to help guide project developers in understanding the compliance requirements for forestry feedstock with the Environmental Protection Agency (EPA) regulations under the federal Renewable Fuel […]

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Woodland Biofuels announces plans to invest $1.35 billion in biofuels plant

Woodland Biofuels announces plans to invest $1.35 billion in biofuels plant

September 20, 2024 |

In Louisiana, Louisiana Economic Development reported that Woodland Biofuels, announced a planned $1.35 billion investment at the Port of South Louisiana to establish one of the world’s largest renewable biofuels production facilities.  The Toronto-based company would utilize waste biomass to produce sustainable biofuel used in transportation, heating and electricity generation. If the project moves forward […]

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Major automakers lagging in commitment to green steel

Major automakers lagging in commitment to green steel

September 20, 2024 |

In Germany, a new report from the International Council on Clean Transportation, reveals that only four of the 17 major automakers selling vehicles in Europe and North America have committed to using fossil-free steel by 2030. Fossil-free steel, produced using technologies like green hydrogen, can reduce steel-related emissions by up to 95% with minimal cost […]

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Twelve lands $645M to power planes with green fuel

Twelve lands $645M to power planes with green fuel

September 19, 2024 |

In California, Twelve, a carbon transformation company focused on decarbonizing industries, has raised $645 million to accelerate the production of sustainable aviation fuel. The funding includes $400 million in project equity led by TPG Rise Climate, $200 million in Series C financing, and $45 million in credit facilities. This marks one of the largest financial […]

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OPAL Fuels sells $11.1M in tax credits from biogas project

OPAL Fuels sells $11.1M in tax credits from biogas project

September 19, 2024 |

In New York, OPAL Fuels announced the sale of $11.1 million worth of Inflation Reduction Act investment tax credits to an Apollo Global Management subsidiary. The credits were generated by the Emerald RNG facility, a joint venture of which OPAL Fuels owns 50%. With a nameplate capacity of 10,000 standard cubic feet per minute, Emerald […]

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Indonesia to trim palm oil exports as demand climbs, output dips

Indonesia to trim palm oil exports as demand climbs, output dips

September 19, 2024 |

In Indonesia, The Jakarta Post reports on September 19, at the Globoil conference in Mumbai, Fadhil Hasan of the Indonesian Palm Oil Association informed Reuters that Indonesia’s palm oil exports are set to decrease by 2 million tons to 30.2 million tons in 2024 due to increased domestic demand for biodiesel and reduced production. The […]

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