Tag: green fuel

Twelve lands $645M to power planes with green fuel

Twelve lands $645M to power planes with green fuel

September 19, 2024 |

In California, Twelve, a carbon transformation company focused on decarbonizing industries, has raised $645 million to accelerate the production of sustainable aviation fuel. The funding includes $400 million in project equity led by TPG Rise Climate, $200 million in Series C financing, and $45 million in credit facilities. This marks one of the largest financial […]

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Punjab turns stubble into biofuel with new green fuel initiative

Punjab turns stubble into biofuel with new green fuel initiative

September 18, 2024 |

In India, Janta Se Rishta reports the Punjab government is advancing its green fuel initiative by setting up pelletization plants to convert paddy stubble into biofuel, aiming to address the environmental challenge of stubble burning. As of mid-September 2024, 16 such plants are operational across the state, with 21 more expected by November. This initiative, […]

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