In the UAE, TradeArabia News Service reports Lootah Biofuels has opened its biodiesel facility in in Dubai Industrial City. It will use used cooking oil as feedstock to produce biodiesel with a 100-ton per day expansion already in place. The biodiesel will be used to help achieve the government’s 5% biofuel blending target. In addition […]
In the UK, Bloomberg reports Brookfield has received interest in buying Greenergy for as much as $1.4 billion as interest increases in securing alternative energy assets although there is no guarantee that an offer will be made. Brookfield tried to sell Greenergy last year, contracting HSBC and Citigroup to scout for potential buyers, but the […]
In Illinois, Woodside Energy and LanzaTech NZ, Inc. have announced a strategic collaboration with the signing of a Strategic Framework Agreement. Under the Strategic Framework Agreement Woodside will, in collaboration with LanzaTech and subject to a positive final investment decision, design, construct, own, maintain and operate pilot facilities relating to LanzaTech’s technologies. The Strategic Framework […]
In Canada, Bombardier and Signature Aviation announced they have reached a multi-year agreement for the purchase of sustainable aviation fuel (SAF) quantities, utilizing the Book and Claim system, covering all of Bombardier’s flight operations starting in January 2023. The agreement is the first of this scope for a business aviation original equipment manufacturer (OEM). The […]
It Italy, Maire Tecnimont S.p.A. announces that NextChem, through itssubsidiary MyRechemical, has kicked off the engineering phase of Hydrogen Valley in Rome, which is based on NextChem’s waste-to-chemical technology and has received the EU Commission grant within IPCEI HY2USE initiative, as already communicated. NextChem has started, through MyRechemical, the engineering of waste conversion to Circular […]
In Spain, Repsol and PLD Space, the leading European company in the micro-launcher industry, have signed a pioneering collaboration agreement to jointly develop renewable fuels for space vehicles. The agreement includes both feasibility studies to replace current fuels with others produced with sustainable raw materials, as well as the design of new renewable fuels, which […]
In the UK, Rolls-Royce has signed a Memorandum of Understanding (MOU) with Alder Fuels, a clean tech developer and greencrude producer to further test Sustainable Aviation Fuel (SAF) as it makes the critical next step on its journey to commercial scalability. The SAF, which has been produced based on Alder Fuels’ proprietary greencrude technology, is […]
In Germany, Forto announced a new partnership with GoodShipping as part of its growing biofuel program. Forto can now offer the inset of advanced biofuel for their bookings for full container load (FCL) sea freight shipments using GoodShipping’s decarbonisation services, further expanding the accessibility of alternative fuel options for Forto customers. The new partnership with […]
In Canada, Tidewater Renewables Ltd. and Alberta Investment Management Corporation are pleased to announce the closing of a C$150 million five-year senior secured second lien credit facility with an affiliate of AIMCo, on behalf of certain of its clients. The AIMCo Facility’s term is five years, maturing on October 24, 2027 and at closing was […]
In Germany, alternative raw materials are an important pillar in building a circular economy. Here, materials manufacturer Covestro is focusing on an increased use of biomass, recyclates and green hydrogen. The company is now offering products with a minimum content of 25 percent of alternative raw materials under the new “CQ” label. CQ stands for […]
