In California, Ohmium International announced the close of a $250 million Series C growth equity financing. The round was led by TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform TPG Rise, and also included participation from Hanover Technology Investment Management and existing investors Energy Transition Ventures and Fenice Investment […]
In Spain, Cepsa has awarded Técnicas Reunidas the contract for the detailed engineering of the largest second-generation (2G) biofuels plant in southern Europe, which Cepsa will start up together with Bio-Oils, with an investment of up to 1 billion euros, at the La Rábida Energy Park in Huelva. The new plant, which will use agricultural […]
In Wyoming, Raven SR Inc. and Cap Clean Energy Corp. announced they have signed a memorandum of understanding (MOU) to co-develop biofuels facilities in Canada to produce sustainable aviation fuel (SAF) and renewable diesel (RD) for the heavy duty transport sector. The MOU provides a roadmap for a co-development partnership for deploying Raven SR’s patented […]
In Denmark, MAN Energy Solutions has announced that its MAN 175D engine is formally approved for operation on biofuels, effective immediately. This applies to all standard biofuels such as HVO (Hydrotreated Vegetable Oil) and FAME (Fatty Acid Methyl Ester) fuels up to a content of 100%. Crucially, the engine itself does not require any technical […]
In the UAE, Lootah Biofuels has signed an agreement with Fenaka Corporation Limited, a state-owned utility company providing electricity, water, and sewerage to the island communities of the Maldives, to establish its first biofuel production plant from waste cooking oil outside the UAE. The signing of the agreement underscores Lootah Biofuels’ commitment to expanding its […]
In North Carolina, Prima Markets — from ResourceWise — has launched a new data analytics platform: Prima CarbonZero. This intuitive online platform delivers data and insights on low-carbon feedstocks, fuels and energy value chain mitigation to decarbonize businesses. Prima CarbonZero’s current and historical pricing data covers major low-carbon markets including international ethanol, and green diesel […]
In Georgia, Danimer Scientific, Inc. and TotalEnergies Corbion, have developed a new compostable coffee pod biopolymer that is in compliance with proposed EU packaging regulations. The EU recently announced a proposal requiring plastic packaging such as tea bags, coffee pods, very light plastic bags and sticky labels for fruit and vegetables to be compostable. Danimer […]
In China, a research group from the Institute of Process Engineering (IPE) of the Chinese Academy of Sciences has developed a family of eco-friendly glass of biological origin fabricated from biologically derived amino acids or peptides. The proposed glass is biodegradable and biorecyclable. In this study, the researchers used chemically modified amino acids and peptides […]
In Washington, U.S. Senators Roger Marshall, M.D. (R-Kan.) Jerry Moran (R-Kan.) joined a bipartisan group of their colleagues in urging the Environmental Protection Agency (EPA) to strengthen the Renewable Fuel Standard (RFS). The senators are calling on EPA to maintain the blending requirements for 2023, eliminate proposed retroactive cuts to the renewable volume obligations (RVOs) […]
In the UK, Wizz Air announced a £5 million investment in a biofuel company, Firefly. This is Wizz Air’s first equity investment in sustainable aviation fuel (SAF) research and development. The partnership with Firefly will allow the airline to supply SAF to its UK operations from 2028, up to 525,000 metric tons over 15 years. […]
