In Canada, Green Impact Partners Inc. has finalized the carbon credit pathways under the Alberta Technology Innovation and Emissions Reduction (“TIER”) program for its flagship project, the Future Energy Park, to be located in Calgary, Alberta. In addition, as part of ongoing development activities, GIP has also successfully finalized agreements to sequester the biogenic CO2 […]
In Malaysia, Petroliam Nasional Berhad (PETRONAS), Enilive S.p.A (a subsidiary of Eni S.p.A.), and Euglena Co., Ltd. have finalized their investment decision to develop a biorefinery at PETRONAS’ Pengerang Integrated Complex (PIC) in Johor, Malaysia. The joint venture, with PETRONAS Mobility Lestari Sdn Bhd (PMLSB) and Enilive as primary shareholders, aims to begin operations by […]
In Washington, the U.S. Department of Energy (DOE) recently announced awards for the FY24 Phase I Release 2 of the Small Business Innovative Research (SBIR) and Small Business Technology Transfer (STTR) program. Across DOE, 229 projects in 39 states received $52 million to pursue clean energy research and development (R&D), and eventual demonstration projects. The Bioenergy Technologies Office (BETO) […]
In Italy, Itabus, an Italian transport company, is now using Enilive’s HVOlution diesel biofuel to power its fleet of next-generation buses. The new agreement strengthens the collaboration between Enilive, Eni’s company focused on mobility products and services, and Itabus, a long-distance coach transport company that has been part of the Italo group since last May. The […]
In Germany, Reuters reported that Siemens Energy will build a 280-megawatt (MW) green hydrogen electrolysis system for Northern German utility EWE, which is expected to begin operating in 2027. The German government recently handed $4.98 billion of EU-approved subsidies to a series of projects to supply secure and sustainable hydrogen on its road to net-zero […]
In Illinois, LanzaJet announced a strategic investment from Airbus, which will enable the company to continue to build its capability and capacity to scale its proprietary ethanol to sustainable aviation fuel process technology. “LanzaJet intentionally developed a diverse portfolio of strategic investors comprised of leading, global companies to ensure we have the ecosystem to scale […]
In Texas, SNS Insider reported that the global biobased construction polymer market size is projected to reach $25.36 billion by 2032 and grow at a CAGR of 6.58% over the forecast period of 2024-2032. “Biobased construction polymers market growth is anticipated as a result of growing awareness of the usage of petrochemical goods and the […]
In Vietnam, Vietnam Investment Review reported that a groundbreaking ceremony was held on July 20 for a new waste-to-energy plant in Cu Chi district, Ho Chi Minh City. The project is being developed by Bamboo Capital Group (BCG). The first phase of the project is valued at $252.6 million and will have the capacity to […]
In New York, Nexus Development Capital, LLC (NDC), announced an investment of approximately $9 million in Castlerock Biofuels, a joint venture company led by Ensyn Corporation and Castlerock Green Energy (CGE). The company noted that this investment marks a substantial step forward in the development of renewable fuel production facilities in the United States. Castlerock […]
In Singapore, MarineLink reported that the Global Centre for Maritime Decarbonization in Singapore (GCMD) announced that it had completed the final trials of biofuels for ships, with German container company Hapag-Lloyd as well as energy giant BP. The report noted that GCMD started a project in 2022 to test various biofuel blends and reduce carbon […]
