In India, Schneider Electric on Friday said it has made an equity investment in Biofuels Junction. The investment has been made through Schneider Electric Energy Access (SEEAA), Schneider Electric said in a statement. SEEAA is the Asia-focused clean energy fund, co-funded by Norfund, EDFI MC and Amundi, it added. “Schneider Electric… has made an equity […]
In Japan, TSUNEISHI SHIPBUILDING has reached a basic agreement on an order of two world’s first methanol-fueled KAMSARMAX bulk carriers with Mitsui & Co., Ltd., which will be chartered by Cargill. The first vessel is scheduled to be completed in late 2025. Up to now, most orders received for methanol-fueled vessels have been for container […]
In Spain, Cepsa has undertaken the largest supply of second-generation biofuels to date at the Port of Barcelona. This operation, conducted on a 350-meter-long container vessel operated by Hapag-Lloyd in the Mediterranean, marks the energy company’s inaugural venture in Barcelona and positions the Port of Barcelona as a key player in the decarbonization of maritime […]
In California, Aemetis closed the sale of $53 million of Inflation Reduction Act (IRA) investment tax credits generated by its subsidiary Aemetis Biogas LLC to a corporate purchaser on September 29, 2023. This sale is the company’s first IRA tax credit transaction. The Section 48 investment tax credits were generated from biogas projects built by […]
In Japan, Electric Power Development Co., Ltd. (J-POWER) announced that a J-POWER proposal has been selected by Japan’s Ministry of Economy, Trade and Industry (METI) for the FY2023 Infrastructure Development Investigation Program for Joint Crediting (Feasibility Study for the Joint Crediting Mechanism (JCM)). The full title of the proposal is Study of GHG Emission Reduction […]
In Illinois, LanzaTech Global, Inc. has collaborated with Dow to introduce a new biodegradable surfactant to the home care market. Dow’s surfactant, EcoSense™ 2470, is made using LanzaTech’s CarbonSmart™ technology and ensures immediate market entry, while maintaining high-performance standards and advancing sustainability with recycled carbon materials. Surfactants are a critical ingredient for creating the foam and cleaning […]
In Germany, technologies for capturing carbon dioxide (CO2) and then storing it underground (abbreviated CCS) have been the subject of research for over 20 years. With the CCS process, CO2 can be filtered out of the flue gas from large industrial plants and stored underground. This technology also plays an important role in other processes […]
By Jeff Allen, Project Director, Lee Enterprises Consulting Special to The Digest The Bioeconomy – Investment Community Grand Challenge The pace of decarbonization and the success of net zero initiatives are closely tied to financial returns. Bioeconomy technologies are now primed for mainstream investment, but a crucial missing piece is the bioeconomic analytics framework needed for […]
In Illinois, ADM said it has signed a Memorandum of Understanding (MoU) with Swiss company Syngenta Group to collaborate in scaling research and commercialization of low carbon-intensity next-generation oilseeds and improved varieties to help meet the growing demand for biofuels and other sustainably-sourced products. The MoU stipulates a collaboration in which ADM and Syngenta would […]
In Belgium, the European Biogas Association (EBA) said that, together with the Coalition for Renewable Natural Gas (RNG Coalition), met last week with Pankaj Bhatia, Global Director of Greenhouse Gas (GHG) Protocol at World Resources Institute, during the New York Climate Week. They discussed the growing production and use of biomethane in Europe and North […]
