In Austria, Vertus Energy recently announced the successful closure of an EUR 8.75 million seed funding round. This substantial investment, spearheaded by global investor Energy Capital Ventures, and supported by Blackbird, the Amadeus APEX Technology Fund, and Aussie Angels, alongside its existing investors Icehouse Ventures/Outset Ventures, Startmate and NOAB Ventures, marks a pivotal moment in […]
In France, SOLER and INERATEC are planning to build an innovative biocarbon and e-Fuel production facility in southern France as the blueprint for following projects. This plant will avoid 100,000 tons of CO2 equivalent a year by leveraging the synthesis gas that is generated as a co-product of the biocarbon generated from wood residues using […]
In the Netherlands, Shell Nederland Raffinaderij B.V., a subsidiary of Shell plc, is to temporarily pause on-site construction work at its 820,000 tons a year biofuels facility at the Shell Energy and Chemicals Park Rotterdam in the Netherlands to address project delivery and ensure future competitiveness given current market conditions. As a result, contractor numbers […]
In Spain, Cepsa and PreZero Spain have signed a strategic partnership that will enable both companies to advance in their decarbonization objectives. Under the agreement, PreZero Spain will supply biomethane from some of its projects to Cepsa, and the two companies will jointly develop biomethane plants. Furthermore, Cepsa and PreZero Spain will work on the […]
In Japan, ClassNK has issued an Approval in Principle (AiP) for a design concept of the hydrogen-fueled engine compatible 5,000KL oil tanker with electric propulsion system developed by UYENO TRANSTECH LTD., YANMAR POWER TECHNOLOGY CO., LTD., Mitsui E&S Shipbuilding Co., Ltd. This is the world’s first AiP certification for the design of an oil tanker […]
In Egypt, Voltalia and its partner TAQA Arabia, signed a framework agreement during the Egypt-EU Investment Conference 2024, which was held on June 29 and 30 in Cairo. The Egypt-EU Investment Conference was held under the auspices of Ursula von der Leyen, President of the European Commission, and Abdel Fattah El-Sisi, President of the Arab […]
In the UK, for the first time, SBTi’s latest draft consultation includes requirements for companies to set alternative feedstock targets for CCU, bio-based and chemical recycling – in line with RCI’s renewable carbon concept The Science Based Targets Initiative provides companies with a science-based methodology for setting CO2 targets that are consistent with limiting global warming […]
In Brazil, a technical meeting involving scientific leaders from Acelen Renewables, Embrapii, and Embrapa initiated the technological development project for macauba palm species to produce renewable aviation fuel (SAF), green diesel (HVO), thermal energy, and other high-value-added co-products. The open innovation partnership aims to contribute to the domestication of macauba, the subsequent implementation of commercial […]
In Nigeria, Chinimandi reports that cassava prices are soaring as demand increases for ethanol production. Although ethanol uses cassava varieties with high levels of starch rather than the low starch varieties that are used for staple foods, food staples have seen prices rise 50% in recent months along with ethanol feedstock. Farmers are expanding crop […]
In Germany, Lufthansa Group is introducing an Environmental Cost Surcharge. The surcharge is intended to cover part of the steadily rising additional costs due to regulatory environmental requirements. These include the statutory blending quota of initially two percent for Sustainable Aviation Fuel (SAF) for departures from European Union (EU) countries from January 1, 2025, adjustments […]
