In California, Vertimass has launched a Series C investment opportunity with the goal of establishing a commercialization platform for its breakthrough biofuel technology. In a 506(c) private placement, the minimum investment is $100,000 and is only open to accredited investors. Series C investors will become entitled to an annual, accruable, non-compounded 8% preferred return, although […]
In Illinois, Chicago-based ClearFlame Engine Technologies has raised $30 million in Series B funding to bring to market innovative solutions that power heavy-duty engines with clean, renewable fuels and create a viable business solution to reduce carbon and soot. The latest investments were led by Mercuria Energy Group, with Mercuria and Breakthrough Energy Ventures both […]
In Germany, wind power turbines, catalytic converters, optical cables and plasma monitors: They all contain Rare Earth metals. Since these 17 metal elements are indispensable to modern technologies, cost and demand are constantly rising. Minable deposits are limited and production is often difficult and harmful to the environment. Recycling these resources as efficiently as possible, […]
In Belgium, Europe currently wastes land the size of Ireland on crops for biofuels which are an obstacle to tackling climate change and food security, a new study commissioned by Transport & Environment claims. The study says that this land could be used to feed 120 million people or, if given back to nature, could […]
In Louisiana, accelerating an already impressive pace for the construction of its Louisiana Green Fuels (LGF) Project, Strategic Biofuels has been invited by the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) to submit a Part II application for a proposed $1.6 billion loan guarantee under the Title XVII Innovative Clean Energy Loan Guarantee […]
In Sweden, Switzerland-based company WattAnyWhere (WaW) has ordered its second reforming system from Metacon’s subsidiary Helbio, for conversion from ethanol-to-green hydrogen. The system will be used for on-site production of electricity without connection to the electricity grid, i.e. off-grid. Produced electricity will be used in charging stations for electric vehicle (BEV) charging. This follows a […]
In Indiana, Cummins Inc. announced the launch of Accelera by Cummins, a new brand for its New Power business unit. Accelera provides a diverse portfolio of zero-emissions solutions for many of the world’s most vital industries empowering customers to accelerate their transition to a sustainable future. The launch of Accelera is a significant step forward […]
In Italy, Eni Sustainable Mobility and the Spinelli Group, a leader in the field of integrated logistics, have signed a two-year contract to power the group’s fleet with HVOlution, a diesel fuel produced from 100% renewable raw materials. The Spinelli Group’s fleet includes more than 300 heavy-duty vehicles, of which 150 are latest-generation Euro 6d […]
In Oman, the Times of Oman newspaper reports ARA Petroleum will source biodiesel from WAKUD International to power the oil company’s Electrical Submersible Pumps (ESP’s) based in their water supply wells. WAKUD produces biodiesel from used cooking oil collected from sources around the Sultanate. ARA Petroleum is working to reduce its GHG emissions in line […]
In the Philippines, the Business World newspaper reports the National Power Power Corp. (Napocor) has teamed with APTI Renewable Energy Corp. to develop projects using biofuel and biomass hybrid power, particularly its small power utilities group (SPUG) areas with particular focus on palm oil as feedstock. The companies plan to work together to build a […]
