In Belgium, the Commission published on Tuesday its Communication “REPowerEU: Joint European action for more affordable, secure, and sustainable energy”. The Communication aims to support the EU’s energy independence by accelerating the deployment of renewables and ensuring the affordability and security of energy supply. REPowerEU identifies diversifying the EU’s gas supplies as the first action […]
In Spain, Repsol’s Chairman, Antonio Brufau, attended the presentation of the beginning of the construction works of the first advanced biofuels plant in Spain at the company’s Cartagena refinery. Repsol, in alignment with its ambition to become a net zero emissions company by 2050, will invest €200 million in this project that will enable the […]
In Singapore, Jatropha JOil Singapore Pte Limited (JOil) has become the first corporate to be awarded the world-class sustainability certification Gold Standard for its Jatropha plantation in Ghana. Its Jatropha trees produce fruits that are a non-food, low carbon footprint source material for a variety of eco-friendly industrial applications, including biofuel. A best-in-class certification globally […]
In Canada, Pond Technologies Holdings Inc. announced the closing of the first tranche of a non-brokered private placement of 5,500,000 common shares of Pond at a purchase price of C$0.20 per Common Share for aggregate gross proceeds of C$1,100,000. No warrants will be issued pursuant to the Private Placement. The second tranche of the Private […]
In California, Forza Innovations Inc. successfully completed the previously announced acquisition of Sustainable Origins. The acquisition is part of Forza Innovations’ ongoing strategic plan for future revenue and expansion. From its newly appointed innovation lab in San Diego and growing team aims to make this acquisition of Sustainable Origins and optimize the company’s current operations to […]
In Luxembourg, targeting initially at a total volume of €250 million, the European Circular Bioeconomy Fund (ECBF) is oversubscribed with a total of approximately €300 million. With the final closing of the subscription, the international team of the ECBF was able to gain the trust of further investors for the implementation of its mission. During […]
In Maine, Aerospace Testing International reports bluShift successfully tested its hybrid, biofuel Modular Adaptable Rocket Engine for Vehicle Launch, MAREVL 2.0, with partial power for five seconds. Future tests will include full-power, 90-second full duration burns while later this year it expects to do suborbital flight testing following static fire tests. This latest round of […]
In Texas, Texas A&M AgriLife Research scientists are using artificial intelligence to set a new world record for producing algae as a reliable, economic source for biofuel that can be used as an alternative fuel source for jet aircraft and other transportation needs. The team’s findings were published in January in Nature Communications. Ongoing research […]
In Washington, Reuters reports the Biden Administration is concerned the Russian invasion in Ukraine will impact food prices to such an extent that introducing biofuel blending waivers may be a way to stave off food inflation. Potential waivers are thought to reduce demand for corn and soy so that they could be diverted to human […]
In New York state, Renovare Environmental, Inc. has entered into a definitive agreement to purchase Harp Renewables and its affiliate, Harp Electric Engineering (collectively “Harp”) for $20 million, comprised of $15 million of common stock and $5 million of cash. Through this acquisition, Renovare will become the premier provider of Digesters across North America and […]
