In Switzerland, Swiss firm WinGD said it has started a joint development project with Korean engine builder HSD Engine to advance the development of WinGD’s methanol-fueled big-bore engines. The aim of the project is to deliver an engine capable of running on carbon-neutral green methanol by 2024, providing shipowners with a power solution enabling them […]
In Georgia, Delta and DG Fuels have signed an agreement for the provision of sustainable aviation fuel. Under the terms of the agreement, DG Fuels plans to establish a new SAF supply stream that could provide Delta with 385 million gallons of unblended sustainable aviation fuel, while helping to expand availability of SAF in the […]
In Sweden, Proman Stena Bulk, the joint venture between global methanol producer Proman and tanker shipping company Stena Bulk, has announced that their two fully operational methanol-fuelled tankers have become the first vessels to bunker methanol in Ulsan, South Korea. Stena Pro Patria and Stena Pro Marine were each refueled with over 2,000 tons of […]
In Sweden, Almi Invest GreenTech is investing $463,000 in Cellfion, which develops a bio-based membrane for energy storage, the former said in a release. Finnish Voima Ventures and Klimatet Invest are also participating in an investment of $1.2 million in Cellfion. The new financing will be used for product development and tests. Cellfion has developed membranes […]
In the UK, Evonik and Shell are making inroads into defossilizing heavy duty road transport with Bio-LNG. Shell is supplying 100 tons of Bio-LNG made from agricultural waste to Evonik. It is equivalent to the average fuel consumption of three trucks in a year. Evonik passes on this volume of Bio-LNG from Shell to selected […]
In California, Aemetis, Inc. completed the installation and commissioning at the Keyes ethanol plant in California of the first Mitsubishi ZEBREX system in North America, reducing overall energy use and lowering the carbon intensity of ethanol. The system is now fully operational, reducing energy costs and increasing biofuel value by more than $5 million per […]
In Singapore, Apeiron Bioenergy has successfully closed an equity financing round from Mitsui Chemicals. The funds will support Apeiron to increase its collection capacity for waste-based feedstocks across Asian markets and position the company for exponential growth amidst growing demand for renewable feedstock for advanced biofuels such as sustainable aviation fuel (SAF). Apeiron Bioenergy, collects […]
In Thailand, Bangchak Corporation Plc. and its affiliate BBGI Plc. along with Thanachok Oil Light Co., Ltd. signed a joint venture agreement to establish BSGF Company Limited with a THB 8,000-10,000 million (app. $220-$280 million) investment, with the investment proportion of 51% held by Bangchak, 29% by Thanachok Oil Light, and 20% by BBGI respectively. […]
In Spain, Zara is partnering with Renewcell for a capsule collection made with Circulose, a branded material produced from 100% recycled textiles. Circulose, developed by Renewcell, is a biodegradable raw material used to produce textile fibers for fashion like viscose and lyocell. Fibers produced with Circulose helps brands to limit the use of virgin textile […]
In Germany, BASF Venture Capital GmbH, the corporate venture company of BASF SE, Germany, and Aqua-Spark, a Dutch investment fund focusing on the global aquaculture industry, are investing in Sea6 Energy Pvt. Ltd. (the company) as part of a Series B round. Sea6 Energy was founded in 2010 and is located in Bangalore, India. The […]
