In Sweden, as part of the strategy to switch to large-scale renewable fuel production, Preem will sign a $308.7 million loan agreement with Swedish Export Credit Corporation (SEK). The loan is covered by the Swedish National Debt Office’s program for green credit guarantees. This is the first guarantee the Swedish National Debt Office issues within […]
In India, the Press Trust of India reports the government will allow sugar mills to present proposals for investment in ethanol production capacity expansion and new distillation projects through October while grain-based ethanol projects are also included in the latest round of soft financing. The program subsidizes 6% per year of interest rates or 50% […]
In Japan, TotalEnergies and ENEOS Corporation announced a collaboration to jointly conduct a feasibility study to assess the production of Sustainable Aviation Fuel (SAF) in ENEOS Negishi Refinery in Yokohama city, Japan. The companies have already started to conduct the study for feedstock procurement and production of SAF related to this project. The proposed unit, […]
In Iowa, an Iowa State University research team that helped develop a demonstration-scale pyrolyzer capable of sequestering thousands of tons of carbon dioxide a year has received a prestigious milestone award from XPRIZE Carbon Removal, it was announced on Friday. The milestone prize provides $1 million to the carbon removal team at the Bioeconomy Institute […]
In Indonesia, Reuters reports the government has put a ban on palm oil exports beginning April 28 in response to Russia’s invasion of Ukraine’s impact on global edible oil markets. In response, the Malaysian Palm Oil Board called on countries to temporarily focus on food rather than fuel production from edible oils and fats such […]
In the UK, Velocys has entered into a contract with a European renewable fuels developer to provide initial engineering services to a project, which is in the planning stages. Whilst the revenue for this initial stage of the project is de minimis (and project progression to material revenues to be determined), the agreement broadens the […]
In Louisiana, Strategic Biofuels has finalized its partnership with leading engineering, procurement and construction firm, Koch Project Solutions (KPS) a subsidiary of Koch Engineered Solutions, for their Louisiana Green Fuels project in Caldwell Parish, Louisiana. The companies have agreed that KPS will construct the renewable fuels plant on a lump sum turnkey basis with parent […]
In California, California Ethanol and Power (CE+P) announced it has advanced through Part I of the U.S. Department of Energy’s Loan Programs Office Title XVII Innovative Energy Loan Guarantee Program and Renewable Energy Projects and Efficient Energy Projects Solicitation, a rigorous first stage of consideration to qualify projects eligible for the program. As a result, […]
In Pennsylvania, UGI Energy Services, LLC acquired a 33% equity interest in Ag-Grid Energy LLC, a renewable energy producer with projects in the United States. Ag-Grid currently develops and operates small scale renewable power projects that support local energy demands while lowering emissions. Ag-Grid is currently engaged in the production of renewable power with four […]
In the Netherlands, Avantium N.V has signed a conditional offtake agreement with Sukano AG, a reputable expert in additive and color masterbatches and compounds for polyester and specialty resins. The masterbatches are tailored to impart properties to plastics and as such are an effective way to diversify and expand polymer applications. With PEF from Avantium’s […]
