In California, SWITCH Maritime LLC, a US-based company developing electrified, zero-emission ferries powered by battery and hydrogen fuel cell, has raised $10 million in a Series A round led by Nexus Development Capital to grow its fleet. Founded in 2018 by a veteran team of maritime energy transition leaders, SWITCH’s mission is to enable private […]
In Georgia, Gulfstream Aerospace Corp. announced the successful completion of the world’s first trans-Atlantic flight using 100% sustainable aviation fuel (SAF). Accomplished on November 19, the flight took place on a Gulfstream G600 aircraft, which departed the company’s headquarters in Savannah and landed 6 hours, 56 minutes later at Farnborough Airport in England. Powered by […]
In Indiana, officials from The Pantheon and the Knox County Indiana Economic Development Corporation announced the launch of AgroRenew LLC, a processing facility that will repurpose food waste from Knox County’s thriving watermelon, cantaloupe, and pumpkin industry into eco-friendly bioplastics. With plans to break ground in early 2024, the company has secured land in Knox […]
In Finland, Origin by Ocean and AFRY have entered a collaborative engineering collaboration to plan an industrial-scale biorefinery for processing bio-based seaweed products in Finland. The conceptual study phases aim to define production concepts and the steps required to construct a biorefinery. Origin by Ocean’s first algae biorefinery in Finland is projected to reach full […]
In Kenya, Business Daily reported that The International Finance Corporation (IFC) is set to invest $210 million in an agribusiness project by to be carried out by Eni Kenya. The IFC said the investment in the form of a senior loan will support capital requirements by Eni Kenya towards the construction and operation of agri-processing […]
In Belgium, ArcelorMittal announced the first industrial production of ethanol at its Steelanol plant. This milestone was achieved on 7 November 2023, at ArcelorMittal Belgium’s Gent plant. The first industrial-scale production is a significant step in the journey to the full commissioning of the Steelanol plant. Throughout the project, ArcelorMittal has worked with its partners […]
In the United Arab Emirates, global ship management services provider Dockendale Ship Management and methanol marine specialist Green Marine announced the formation of a joint venture to focus on fully integrated crewing and technical management of methanol powered ships. Through this joint venture Dockendale and Green Marine said they will bring together their technical expertise […]
In The Netherlands, Built by Nature, a network and grant-making fund, has announced a global prize totaling $542,000 to recognize innovation and stimulate scalability in the use of biobased materials such as timber, bamboo, hemp, straw, algae, and fungi in construction. The built environment generates up to 40% of the world’s greenhouse gases, and the […]
In Canada, Braya Renewable Fuels, a producer of low-carbon intensity renewable fuels, announced the closing of two transactions that support the conversion of Braya’s refinery operations. A Supply and Offtake Agreement was executed with Macquarie Energy Canada to provide inventory monetization for renewable feedstocks and products. Simultaneously, Braya executed a $75 million senior secured term […]
In Côte d’Ivoire, Scania West Africa, TotalEnergies Marketing Côte d’Ivoire, ANADER and LA SIR have inaugurated a biodiesel pilot in Abidjan, the capital city of Côte d’Ivoire. The pilot aims to reduce emissions from public transport and create jobs through locally produced biofuels. In 2017, Scania initiated a collaboration with Agence Nationale d’Appui au Développement […]
