In China, Platts reports bp is investing $48.5 million in renewable diesel and sustainable aviation fuel producer Lianyungang Jiaao New Energy, securing it 15% of the company, ahead of the expected SAF mandates that are likely to be announced soon in the country. Currently the company’s parent, Jiaao Enprotech, has 100,000 metric tons of SAF […]
In the UAE, DUBAL Holding and BiOD Technology FZCO jointly announced DUBAL Holding’s stake acquisition in BiOD. This strategic partnership is set to propel the UAE’s position in the global green economy, reinforcing oth companies’ dedication to environmental sustainability and innovation in the energy sector. BiOD, the UAE’s and the GCC’s largest biodiesel manufacturer, is […]
In the Netherlands, X-Press Feeders has started Europe’s first scheduled feeder network in which the vessels are powered by green methanol, a sustainable marine fuel that reduces greenhouse gas emissions by up to 65%. The industry milestone coincided with today’s naming and christening ceremony in Rotterdam of X-Press Feeders’ first dual-fuel methanol-powered vessel. The newly […]
In Denmark, Mölnlycke Health Care and Scan Global Logistics (SGL), have entered an agreement for the purchase and deployment of ocean biofuel covering trade lanes from Asia to Europe to further reduce carbon emissions. This decision supports the global MedTech company’s commitment to reducing greenhouse gas (GHG) emissions and reaching Net Zero by 2050 at […]
In Singapore, dnata and ExxonMobil have started a six-month trial to fuel 12 of dnata’s airside vehicles and generator sets with renewable diesel. The trial uses Esso Renewable Diesel R20 (R20), which is a high-quality fuel with an estimated 15.4 percent lower lifecycle greenhouse gas (GHG) emissions compared to conventional diesel. Made with a minimum […]
In Washington, U.S. Department of Energy (DOE) Bioenergy Technologies Office (BETO) has released a Request for Information (RFI) on Renewable Propane Production Technologies and Uses to better understand the supply chains for production and uses of renewable propane and other renewable gaseous intermediates. Specifically, this RFI (DE-FOA-0003389) seeks input from industry and other stakeholders who produce, […]
In Massachusetts, Foray Bioscience, a startup sowing the seeds for plantless plant products, has raised $3 million in seed funding, led by ReGen Ventures. Additional investors include The Engine Ventures, Susquehanna Sustainable Investments, Understorey Ventures, Superorganism, and others. The seed capital follows a pre-seed round and brings the company’s total funding to $3.875 million. Foray […]
In Sweden, in 2021 Vattenfall took the initiative to develop the HySkies project together with Shell, aiming to speed up the transition towards electrofuels for aviation. Now Vattenfall and Shell have agreed to pause their collaboration, and invite other potential partners to join Vattenfall. While Shell sees a future in the HySkies project, including opportunities […]
In Spain, Naturgy and the Lecta Group have signed a renewable gas supply agreement that will facilitate the efficient decarbonization of the industrial group’s activity. Biomethane, a renewable gas obtained from the treatment of different types of waste with qualities similar to those of natural gas, will be used by Lecta’s production centers located in […]
In France, Waga Energy signed an inaugural €100 million corporate syndicated loan with a consortium of 5 banking groups. The syndicated loan, with a 3-year maturity extendible to 5 years, will enable the acceleration of the international development of Waga Energy notably in the United States, and will strengthen the Group’s financial structure. This loan […]
