In Germany, DWS, on behalf of its third institutional Pan-European Infrastructure Fund (PEIF III), and MEAG, the asset manager of Munich Re and ERGO, announced the joint acquisition of 100% of Weltec Holding GmbH. The company, based in Vechta, Lower Saxony, is a leading producer of biogas and biomethane in Germany. Financial details of the […]
In India, Universal Biofuels was selected by India’s three government-controlled oil marketing companies (OMCs) to supply an estimated $150 million of biodiesel under cost-plus purchase contracts for approximately 40 million gallons of biodiesel during the one-year period starting October 2023. Approximately 70% of the 25 billion gallon diesel market in India is supplied by the […]
In Japan, Sumitomo Chemical said it has begun construction of a pilot facility to establish a process for producing propylene directly from ethanol, which is attracting attention as a sustainable chemical raw material. The company will work to complete the construction of the pilot facility at the Sodegaura site of its Chiba Works in Japan […]
In Ireland, a feasibility study into the production of SAF in Ireland produced by SkyNRG and SFS Ireland, in a partnership supported by Avolon, Boeing and ORIX Aviation revealed that the country has the potential to develop a sustainable aviation fuel industry generating revenue of $2.69 billion by 2050 and providing up to 1,000 high-skilled […]
In Finland, UPM Biochemicals said it has selected Dongsung Chemical as sole distributor of its bio-monoethylene glycol (BioMEG) UPM BioPura in Korea. Through this partnership, UPM will access the large and attractive Korean MEG market with a size of roughly two thirds of the European Union’s MEG market, the company said. “Expanding the partnership with […]
In Canada, Varme Energy Canada, which focuses on the waste-to-energy sector, announced an equity investment in the organization by Finnish company Elomatic. Elomatic’s investment will help accelerate Varme’s growth and further advance the company’s growing portfolio of projects in Alberta, the former said. “In addition to their financial investment, we’ll be leaning on some of […]
In India, Solar Quarter reported that Yokogawa Electric Corporation announced that Yokogawa Poland has completed installation of the FuzEvent combustion control solution at a waste-to-energy (WtE) plant operated by Krakowski Holding Komunalny SA in Krakow, Poland. FuzEvent was developed by Dublix Technology, a Yokogawa subsidiary specializing in solutions that improve the efficiency of plants that […]
In Germany, Acumen Research and Consulting reported that the global waste to energy (WTE) market size accounted for $41.4 billion in 2022 and is estimated to achieve a market size of $81.5 billion by 2032. The report noted that the market is expected to expand at a CAGR of 7.1% from 2023 to 2032. The […]
In Taiwan, Evergreen Marine Corporation and Copenhagen Infrastructure Partners (CIP) have signed a Memorandum of Understanding (MOU) to jointly explore production and usage of carbon-neutral e-fuels. The cooperation will have several aspects including production of e-fuels in Taiwan based on offshore wind, but also exploration of a broader supply of green fuels such as e-ammonia […]
In Germany, DKV Mobility customers can purchase the CO2-reduced diesel fuel HVO (in various blends up to HVO100) at ~ 650 service stations in Europe (of which ~ 50 in Germany) via their DKV Card and use it for all diesel vehicles with manufacturer approval. “HVO offers our customers the opportunity to reduce their fleet-related […]
