In Delaware, Allied Market reported that the global waste to energy market was valued at $35.6 billion in 2022, and is projected to reach $56 billion by 2032. According to the report, the market is forecast to grow at a CAGR of 4.7% from 2023 to 2032. “The growth of the global waste to energy […]
In California, Clean Energy Fuels Corp. has entered into a six-year $300 million senior secured term loan with Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets. The credit agreement also provides for a two-year delayed draw term loan commitment of an additional $100 million. In addition to repaying existing loans, the […]
In Belgium, Europe currently imports four-fifths (80%) of the used cooking oil that it uses as fuel for cars, trucks and planes, new Transport & Environment (T&E) analysis of latest biofuels data shows. The vast majority (60%) of these imports come from China. With the global airline industry pushing for used cooking oil as a […]
In Luxembourg, Nexa Resources has entered into an agreement to acquire 10,000 tons of bio-oil from Aperam BioEnergia in order to gradually replace the use of fossil fuels in the production of zinc oxide at the Três Marias (MG) metallurgical unit. Recovered and processed as a co-product from the production of charcoal from Aperam BioEnergia’s […]
In Washington, the Congressional Budget Office examined the status, federal support, and future potential of carbon capture and storage (CCS) in a new report. CCS is used to only a small extent today; various factors will affect the degree to which it is used in the future. Status of Carbon Capture and Storage. Fifteen CCS […]
In the UAE, newly created and announced during COP-28, Acelen Renewables enters the market with investments exceeding $2.5 billion. The primary focus will be on the production of renewable fuels, Sustainable Aviation Fuel (SAF), and Renewable Diesel, derived from the Macauba – a native Brazilian plant with high energy potential. The company is a subsidiary […]
In Belgium, the road ahead for biofuels is unclear and fraught with pitfalls, warns a report published Wednesday by the European Court of Auditors. The lack of a long-term perspective has affected investment security, while sustainability issues, the race for biomass, and high costs constrain the deployment of biofuels. Biofuels are considered as an alternative […]
In California, Terviva has entered into a partnership agreement with Mitsubishi Corporation that includes financing to Terviva. Terviva works with local communities to harvest beans from the pongamia tree to produce oil and protein-rich meal. Pongamia is a subtropical legume tree with unique qualities that make it particularly suited to a climate-changing world. Terviva seeks […]
In Australia, Murrays Coaches, operating transit contracts between Brisbane and regional Queensland, will vastly reduce its CO2 emissions (by more than 80%) thanks to the arrival of five new Scania coaches, running as standard on B100 Biodiesel. The locally produced biodiesel further serves to reduce reliance on imported fuels and has fast-tracked Murrays Coaches’ drive […]
In South Korea, DL E&C Co., Ltd announced on December 13 that it had signed a feasibility study contract with Kellogg Brown & Root (KBR) for its sustainable aviation fuel production business using KBR’s ATJ (Alcohol to Jet) technology, PureSAFSM. This agreement marks the first step for both companies to increase their market share in […]
