In Canada, EverGen Infrastructure Corp. announced the execution of a 20-year offtake agreement with FortisBC Energy Inc through its wholly owned subsidiary Fraser Valley Biogas Ltd., subject to the acceptance by the British Columbia Utilities Commission. Under the terms of the agreement, FortisBC will purchase Renewable Natural Gas from FVB for injection into its natural […]
In the Netherlands, in a partnership aimed at advancing sustainability in river cruises, Neste and OK Slurink, subsidiary of Catom B.V. and a specialist in bunkering services, have joined forces with Scylla, a provider of river cruises, to supply Neste MY Renewable Diesel™ in the Netherlands for Scylla’s river cruise operations. The collaboration, ongoing since […]
In Washington, the Energy Information Administration reports ethanol production held mostly steady last week at 1.043 million barrels a day, falling only 14,000 barrels compared to the week prior and 9,000 compared to the year prior. With summer driving season in full swing, stocks fell 194,000 barrels last week to 23.423 million barrels but remained […]
In Luxembourg, The European Investment Bank (EIB) and Cepsa signed a $305 million loan agreement for the construction of an advanced biofuels plant to be located next to the ¨La Rábida Energy Park¨ in Palos de la Frontera, Andalusia. The plant, which Cepsa is building together with Bio-Oils, will produce sustainable aviation fuel and renewable […]
In Japan, IHI Corporation together with the Institute of Sustainability for Chemicals, Energy and Environment (ISCE), a research institute under the Agency for Science, Technology and Research, Singapore, has been working on the development of technology for the synthesis of sustainable aviation fuel. IHI Corporation stated that the decision has now been taken to proceed […]
In the United Arab Emirates (UAE), Gulf News reported that the Roads and Transport Authority (RTA) in Dubai has signed an agreement with a company to trial an environmentally-friendly hydrogen bus in Dubai’s climate and operational conditions. Ahmed Hashem Bahrozyan, CEO of RTA’s Public Transport Agency, said: “These buses represent a sustainable future for transportation […]
In France, HDF Energy, a manufacturer of high-power fuel cells and developer of large-scale hydrogen infrastructure, announces that the European Commission has approved French financial support for its industrial project within the framework of the IPCEIs (Important Projects of Common European Interest). The grant, worth up to $184 million, will be dedicated to the development […]
In Ireland, Research and Markets reported that the global biomass gasification market is forecast to have a projected CAGR of 8.58% from 2019 to 2029, with market valuation of $143 billion by 2029, up from $85.49 billion last year. The research noted that biomass gasification is gaining traction due to technological advancements and surging global […]
In the UK, bp said it has agreed to acquire Bunge’s 50% holding interest in its bp Bunge Bioenergia S.A. joint venture, one of Brazil’s leading biofuels-producing companies. Upon completion, bp said it will become sole owner of the industrial scale sugarcane and ethanol business. The enterprise value of the stake to be acquired is […]
In Illinois, LanzaJet announced an investment from MUFG, one of the world’s leading financial groups with total assets of approximately $2.9 trillion. The investment enables LanzaJet to continue building its capability and capacity to deploy its proprietary ethanol to sustainable aviation fuel (SAF) process technology. MUFG’s investment is part of LanzaJet’s current $100 million growth […]
