In Mexico, Natural Gas Intel reports Engie is developing the first biomethane project in Mexico to be connected to the natural gas grid. Although the company is exploring opportunities for hydrogen in the country, it is first focusing on biogas not only because it already has extensive experience in Europe, but also because industrial consumers […]
In France, PILI, a pioneer in decarbonizing the color industry, announced $15.8 million in Series A funding to accelerate its industrialization by producing the first tons of high-performance bio-based indigo. Bpifrance led this round through the fund Ecotechnologies 2, with participation from Famille C Participations and existing investors, such as Elaia Partners. Since its creation […]
In Alabama, according to a class action complaint, Vertex made false and misleading statements to the market. Vertex announced it would acquire an oil refinery in Mobile, Alabama, with the plan to partially convert it for the production of renewable diesel fuel, which it claimed would improve profitability. Bunkerspot reports that Vertex failed to report […]
In Sweden, to reduce the climate footprint of board production, IKEA is switching from fossil-based to bio-based glues. Today, 5% of the climate footprint of the total IKEA value chain is connected to the use of glue in board materials. With this change, the goal is to reduce fossil-based glue use by 40% and greenhouse […]
In Ireland, SSE Thermal is exploring options to develop two new low-carbon power stations in Ireland which would help to protect security of supply and provide flexible backup to renewable generation. Sites in Tarbert in County Kerry and at Platin in County Meath, could provide the location for these new power stations, which would initially […]
News has arrived from California that Viridos, focused on the production of algae biofuels primarily in the form of SAF and renewable diesel, has raised $25M in a Series A equity investment led by Breakthrough Energy Ventures, joined by Chevron and United Airlines Ventures. The funding will be used for R&D to further increase algae […]
In Spain, Cepsa will build a new second-generation (2G) biofuel plant in Palos de la Frontera, Huelva, which will involve an investment of up to 1 billion euros. This new plant, which will be located in the ‘La Rábida’ Energy Park, will produce both renewable diesel and SAF (sustainable fuel for aviation, for its acronym […]
In Oregon, Targray announced the opening of two new biodiesel terminals in Oregon. Located in Portland and Eugene respectively, the new terminals are strategically positioned to ease supply concerns for wholesale fuel distributors, retailers and refineries in the state which has a mandatory 5% biodiesel blending requirement in place to help curb emissions and transition […]
In Australia, Burnett Mary Regional Group (BMRG), Idemitsu Kosan Co., Ltd. and J-Oil Mills, Inc., with the cooperation of the Queensland government, have agreed to jointly study the establishment of a sustainable aviation fuel (SAF) supply chain by planting Pongamia pinnata (Millettia pinnata) trees, a non-edible oil feedstock, in Queensland for the purpose of CO2 […]
In Ohio, Marathon Petroleum Corp. announced the acquisition of a 49.9% interest in LF Bioenergy, an emerging producer of renewable natural gas (RNG) in the United States, from Cresta Fund Management for $50 million. The agreement includes the potential for up to an additional $50 million based on the achievement of predetermined earn-out targets. LF […]
