Search Results for 'Pongamia'

Terviva gets investment from Chevron Renewable Energy Group to scale renewable pongamia for biofuel production

October 20, 2024 | Juan Pedro Tomas

In California, Terviva announced its investment from Chevron Renewable Energy Group with the main aim of scaling renewable pongamia for biofuel production. Together, the two companies expect to scale Terviva’s pongamia-growing operations and drive greater availability of pongamia as a feedstock for renewable fuels production. The new arrangement signals the advancement of pongamia as a […]

Terviva lands investment from Chevron Renewable Energy Group for its pongamia operations

October 15, 2024 | Meghan Sapp

In California, Terviva announced its investment from Chevron Renewable Energy Group. Together, the two companies expect to scale Terviva’s pongamia-growing operations and drive greater availability of pongamia as a feedstock for renewable fuels production. The new arrangement signals Terviva’s strategic growth and global scalability as well as the advancement of pongamia as a lower carbon […]

Rio Tinto trials pongamia biofuel to cut emissions and boost rural growth

September 18, 2024 | Jim Kendrick

In Australia, Rio Tinto has initiated a biofuel pilot in north Queensland, Australia, to assess the viability of pongamia tree seed oil as a feedstock for renewable diesel production. Spanning 3,000 hectares of farmland and managed in partnership with Midway Limited, the project seeks to reduce the miner’s dependency on fossil fuels while advancing its […]

Florida citrus producers looking to pongamia for salvation

July 8, 2024 | Meghan Sapp

In Florida, the Associated Press reports that some citrus producers have turned to pongamia trees as a replacement for their previous trees that were killed by greening and citrus canker. In hopes that pongamia will be more climate resilient than citrus, Terviva buys the beans from the tree that are too bitter for even wild […]

Mitsubishi Corporation finances Terviva’s pongamia project

December 14, 2023 | Meghan Sapp

In California, Terviva has entered into a partnership agreement with Mitsubishi Corporation that includes financing to Terviva. Terviva works with local communities to harvest beans from the pongamia tree to produce oil and protein-rich meal. Pongamia is a subtropical legume tree with unique qualities that make it particularly suited to a climate-changing world. Terviva seeks […]

Japanese-led consortium to study pongamia production in Australia for SAF supply chain

March 9, 2023 | Meghan Sapp

In Australia, Burnett Mary Regional Group (BMRG), Idemitsu Kosan Co., Ltd. and J-Oil Mills, Inc., with the cooperation of the Queensland government, have agreed to jointly study the establishment of a sustainable aviation fuel (SAF) supply chain by planting Pongamia pinnata (Millettia pinnata) trees, a non-edible oil feedstock, in Queensland for the purpose of CO2 […]

Investancia signs 30-year offtake deal with ECB for pongamia oil

February 23, 2021 | Meghan Sapp

In Paraguay, Investancia signed a 30-year offtake deal with ECB Group that will see 300,000 tonnes of ‘reforestation oil’ from pongamia oil produced annually by 2030. The deal represents a significant step forward in the global green transport transition. The Investancia tree propagation and R&D center, located near Carmelo Peralta, Alto Paraguay, is the world’s […]

TerViva scores $20 million in Series D funding for pongamia

March 26, 2019 | Meghan Sapp

In Hawaii, TerViva, an agriculture technology firm commercializing resilient pongamia trees that produce as much as ten times the beans per acre as soy for the supply of plant protein, vegetable oil, and biofuel raised an additional $20 million in its first close of its Series D funding and current commitments. This latest round of […]

TerViva’s pongamia tree farms popping up to meet Hawaii’s biofuel needs

August 26, 2017 | admin

In Hawaii, pongamia trees are being farmed for the first time in experimental plots in Oahu to help meet Hawaii’s biofuel needs, specifically for biodiesel and jet fuel. TerViva is heading up the plantings and is talking with Pacific Biodiesel to possibly use their processing plant, though TerViva could make biodiesel with their current equipment. […]

Pongamia’s Potentates: The Digest’s 2017 Multi-Slide Guide to TerViva

July 13, 2017 | Jim Lane

TerViva was founded to “solve the imbalanced equation of a shrinking arable land base and a rising demand for food, fuel and fertilizer. The technology is based on proprietary advancements in agronomy and the genetics of pongamia, a leguminous tree species that produces 8x higher oil yield per acre than soybeans on underused agricultural lands stressed from […]