In India, the Press Trust of India reports the transportation minister believes says he wants all passenger vehicles to run on E100 in the next few years in preparation for the country’s transition later on to hydrogen. A key platform for the NDA government is to shift farmers away from being food producers and instead […]
In Texas, Cemvita announced a significant breakthrough enabling the company to produce substantial quantities of its Sustainable Oil from waste carbon sources. This landmark achievement marks a pivotal step forward in the production of low-carbon intensity feedstocks for HEFA sustainable aviation fuel (SAF), representing a significant opportunity to reduce carbon emissions and combat climate change. […]
In California, TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform TPG Rise, announced that it has signed a definitive agreement to acquire Olympus Terminals, a leading independent storage provider for renewable fuels and refined products in Southern California, majority owned by an affiliated investment fund of Davidson Kempner Capital […]
In Colorado, Gevo, Inc. along with its wholly owned subsidiary, Verity Holdings, LLC, and ClearFlame Engine Technologies, Inc., announced a collaboration to drive decarbonization traceability from field-to-fleet for the road freight transportation market in the United States, which consumes an estimated 29 billion gallons of fuel every year. Under this collaboration, the parties intend to […]
In Brazil, Compagnie Maritime Monegasque (CMM) announced the closing of up to $94 million in financing. The transaction was funded by Summit Ridge Capital Partners. Panorama Capital Partners sourced and advised on the transaction, and participated as a co-investor. This financing enables CMM to recompose its shareholder structure and to expand its fleet. As part […]
In the UK, Virgin Atlantic has shared headline results from Flight100, the first transatlantic flight on 100% Sustainable Aviation Fuel (SAF), proving not only that the SAF used for the flight is safe to use with existing infrastructure and delivers material reductions in CO2, but can also improve local air quality, contribute to a reduction […]
In Brazil, last week the manager of the Industrial Committee of the Rural Producers Cooperative (Cooperfarms) filed with the National Bank for Economic and Social Development (BNDES), in Rio de Janeiro/RJ, a project proposal to build a corn and sorghum ethanol plant in western Bahia, initiated by the cooperative. The expectation is that the construction […]
In Switzerland, a new report from the IUCN Oil Crops Taskforce assesses the future environmental, economic and social impact of the production, trade and the consumption of vegetable oils. The report, published by IUCN in collaboration with the Sustainable Nutrition Scientific Board, found that growing demand for vegetable oils could translate into the conversion of natural areas into […]
In Hawaiʻi, To help Hawaiʻi reach net-zero energy by 2045, two researchers at the University of Hawaiʻi at Mānoa College of Tropical Agriculture and Human Resources (CTAHR) received a $150,000 Sun Grant Western Region grant to assess how bioenergy generated from bioresources such as agricultural residues and animal manures, via anaerobic digestion, could significantly contribute […]
In Washington, leaders of the U.S. ethanol industry are seeking to intervene in a legal challenge of the ReFuelEU Aviation Regulation, which effectively bans the use of renewable, crop-based biofuels like corn ethanol as a feedstock for decarbonizing the aviation sector. Collaborating in the intervention are Growth Energy, the Renewable Fuels Association, U.S. Grains Council, […]
