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 […]
In Italy, Eni said it has signed a temporary exclusivity agreement with KKR, a global investment firm, aimed at progressing the due diligence phase and completing the drafting of the documents related to the sale of a 20% to 25% stake in its biofuels unit Enilive, based on a valuation of the company between $12.5 […]
In Singapore, ST Telemedia Global Data Centres (STT GDC), one of the world’s fastest-growing data center providers announced the deployment of Hydrotreated Vegetable Oil (HVO) to its data centres in Singapore, as a renewable fuel replacing conventional diesel fuel for backup generators. STT GDC is the first data centre operator in Singapore to deploy HVO […]
In Michigan, Bright Renewables and BerQ RNG have joined hands to develop four renewable natural gas projects that will help mitigate methane emissions. This series of projects encompasses four initiatives across Michigan and New York, where Bright’s proprietary deoxygenation system will be integrated with the Bright Renewables 3-stage membrane upgrader. Beyond these projects, Bright will […]
In the UK, Airbus has announced a new partnership with aircraft lessor, Avolon, to study the potential of hydrogen-powered aircraft, marking the very first collaboration of the ZEROe Project with an operating lessor. Announced at the Farnborough Airshow, Airbus and Avolon will investigate how future hydrogen-powered aircraft could be financed and commercialised, and how they […]
