In Switzerland, European Union (EU) Innovation Fund announces funding of EUR 328 million in two Holcim decarbonization projects at the Financing Innovative Clean Tech Conference in Brussels. The grants will accelerate the development of Holcim’s breakthrough carbon capture utilization and storage (CCUS) projects in Germany and Poland. These projects are part of Holcim’s net-zero roadmap, […]
In Washington, DTN reports that Energy Information Administration data shows ethanol production fell slightly last week for the first time in five weeks to 1 million barrels per day, down 2.7% on the week, although production remains a touch higher than during the same period last year. Ethanol stocks fell similarly to to 24.417 million, […]
In Brazil, Soybean and Corn Advisor reports that Conab estimates 73% of the country’s corn-based ethanol production comes from Mato Grosso and will likely rise to 3.335 billion liters, nearly 12% higher than the year prior. Nationwide, the agency expects corn-based ethanol to increase more than 30% during 2022/23 to 4.5 billion liters. Corn-based ethanol […]
In India, Reuters reported that Indian Oil Corp will sign an agreement with LanzaJet to produce cleaner aviation fuel at its Panipat refinery in northern India. LanzaJet helps companies produce aviation fuel from ethanol manufactured from agricultural or industrial waste. By 2030, 2% of aviation fuel produced by Indian Oil will be sustainable aviation fuel, […]
The Digest received the following statement from Alder Fuels on the company’s current status and direction for the near future, which we have decided to share in its entirety and without editing or comment at this time. Building on our recent announcements regarding the appointment of Tim Obitts as Acting CEO of Alder Fuels and […]
In the UK, Goldman Sachs Asset Management, through its infrastructure investing business has established Verdalia Bioenergy, a new business focused on developing, acquiring, building and operating biomethane plants across Europe. The investment will aim to contribute to Europe’s decarbonization and energy security agenda, adding significant biomethane production capacity. Verdalia Bioenergy will be looking to invest […]
In the UK, over 50 biogas and biomethane trade associations and companies from around the world have written to the World Resources Institute (WRI), administrator of the Greenhouse Gas Protocol, calling for a rethink of its position on the use of biomethane certificates for greenhouse gas reporting by corporate gas users. The GHG Protocol is […]
In Japan, Nippon Paper Industries Co., Ltd., Sumitomo Corporation and Green Earth Institute Co., Ltd. agreed to begin trilateral consideration of the first commercial production of cellulosic bioethanol from woody biomass in Japan and its development into bio-chemical products. three companies will be studying the possibility of starting production of several tens of thousands of […]
In Colorado, Equilon Enterprises LLC (“Shell”) and S&W Seed Company, a global agricultural company, announced the execution of an agreement to establish a joint venture for the purpose of developing novel plant genetics for oil seed cover crops as feedstocks for biofuel production. The JV company, named Vision Bioenergy Oilseeds LLC, will be jointly owned […]
In India, the Petroleum Planning & Analysis Cell (PPAC), Ministry of Petroleum and Natural Gas (MoPNG), Government of India, has signed a Statement of Intent (SoI) with International Energy Agency (IEA) to strengthen cooperation in the field of data and research and enhance global energy security, stability, and sustainability. This partnership will lead to an […]
