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 the UK, UKI2S has backed HutanBio by investing in its seed round, further recognizing biology’s role in tackling climate change. UKI2S joins the Clean Growth Fund, advancing the seed round total to £3 million. UKI2S is investing from its engineering biology portfolio and HutanBio joins its portfolio of high-impact companies demonstrating the power of […]
In the UK, DNV has validated a new methodology for the certification of net carbon dioxide removals delivered using bioenergy with carbon capture and storage (BECCS). DNV’s endorsement of the methodology developed by Drax and Stockholm Exergi, is an important milestone, which will support and enable the deployment of BECCS, a vital climate saving technology […]
In the UK, World Bio Markets reported that Modern Meadow and Earthletica, an Australian-based activewear brand, have partnered to launch the Bronte Jacket.This lightweight jacket features Bio-Alloy Shield, a breathable and waterproof membrane developed by Modern Meadow. “At Earthletica, we are committed to creating activewear that not only looks and feels good, but also supports […]
In the UK, widespread development and use of synthetic fuels is still at least a decade away and depends on the successful deployment of other technologies, but companies that position themselves now are best positioned for success according to the latest Horizons report by data and analytics company Wood Mackenzie. The report: ‘Adding fire to […]
In the UK, a new report, “Responsible Sourcing of HVO – A Comprehensive Guide,” has been released, aiming to accelerate the global transition towards sustainable energy. Developed by Action Sustainability for the Supply Chain Sustainability School, this report is a vital resource for organizations committed to environmentally responsible practices in the procurement of hydrotreated vegetable […]
In the UK, in a huge step forward for the business, Kelpi has secured £4.35 million ($5.5m) in investment to take its pioneering biomaterial technology to market. The funding round will fund the next chapter for the business, allowing it to expand operations, grow the team and run scale-up pilots to plot its pathway to […]
In the UK, green hydrogen developer Meld Energy has received approval from the East Riding of Yorkshire Council to construct 100 megawatt green hydrogen production facility at Saltend in Hull. Meld Energy is now preparing to build the green hydrogen production facility at Saltend Chemicals Park, a move that will create the capacity to meet […]
In the UK, following a successful 6-month pilot, Ocean Network Express (ONE) UK in partnership with Freightliner will extend their commitment to use HVO100 fuel for all cargo transportation via rail. This new initiative will be part of ONE’s intended green rail offering, where customers can choose to purchase a carbon reduction certificate which recognizes […]
In the UK, an independent study by Sphera commissioned by the Society for Gas as a Marine Fuel has confirmed using ammonia as a marine fuel can achieve greenhouse gas (GHG) reductions of up to 61%, compared to current oil-based marine fuels. Conducted according to International Organization for Standardization (ISO) standards and reviewed by experts […]
