In the UK, following a competitive tender process, px Group, the Teesside based infrastructure solutions business, has been awarded an operations and maintenance contract by Atlantic Fuel Supply Company (AFSC) at its fuel terminal in Foynes, Ireland, due to their experience and approach to safety standards. AFSC is a joint venture between Inver Energy and the […]
In Canada, Hydron Energy Inc., the cleaner fuel company that has developed the low-cost INTRUPTor gas upgrading solution, announced it has signed a collaboration agreement with FortisBC Energy Inc. evaluate the feasibility of using Hydron Energy’s biogas upgrading equipment at locations in British Columbia, Canada—potentially improving costs related to the purification of Renewable Natural Gas […]
In California, Phillips 66 is teaming up with a subsidiary of NextEra Energy Resources, LLC to power Phillips 66’s Rodeo Renewable Energy Complex with a 30.2 megawatt (MW) solar facility. The solar facility will reduce the complex’s grid power demand by 50% and is expected to avoid approximately 33,000 metric tons a year of carbon […]
In Denmark, A.P. Moller – Maersk (Maersk) has signed agreements with three yards for a total of 20 container vessels equipped with dual-fuel engines. Combined, the vessels have a capacity of 300,000 TEU. With these orders, Maersk concludes the intended owned newbuilding orders announced in the August 2024 update of the fleet renewal plan. The […]
In Illinois, a team of scientists have identified a gene in poplar trees that enhances photosynthesis and can boost tree height. The study, “An orphan gene BOOSTER enhances photosynthetic efficiency and plant productivity,” is published in Developmental Cell, and was a collaboration between the Center for Advanced Bioenergy and Bioproducts Innovation at the University of […]
In Switzerland, the International Air Transport Association (IATA) released new estimates for Sustainable Aviation Fuel (SAF) production showing that: · In 2024, SAF production volumes reached 1 million tonnes (1.3 billion liters), double the 0.5 million tonnes (600 million liters) produced in 2023. SAF accounted for 0.3% of global jet fuel production and 11% of […]
In Canada, the Canadian Broadcasting Corp reports the Braya Renewable Fuels plant that only came online in April is already considering shutting down due later this year due to economic contraints resulting from the expiration of the Blenders Tax Credit that led to lower-than-normal margins and short-term market disruptions. Should the plant be shut down, […]
In the UK, Fastmarkets and Intercontinental Exchange (ICE) announced the launch of the ICE Used Cooking Oil (UCO) Gulf (Fastmarkets) Futures contract to meet growing demand and tackle complexity in the biofuel feedstock market. The US Gulf-based UCO assessment reflects the primary market region for UCO trade, capturing the broadest data pool necessary for accurate market […]
In Maryland, Enviva, LLC announced its successful emergence from Chapter 11 bankruptcy protection, marking a significant milestone in the company’s strategic transformation. Enviva is well-positioned for long-term growth and consistent operating performance, allowing the company to serve its customers as a market leader and critical partner in meeting their demand for renewable fuel. Enviva’s Plan […]
In Singapore, BE C&I Solutions Holding Pte. Ltd. (“BECIS”) announced $53 million in new equity financing from existing shareholders, namely FMO, KLP Norfund Investments, Pula Investments (represented by Berkeley Energy) and Siemens Financial Services. Operating across eight strategic markets—India, Thailand, Indonesia, Vietnam, Philippines, Malaysia, China, and Cambodia—BECIS specialises in a variety of decarbonisation solutions, which […]
