Category: Fuels

UK REA unveils ‘green recovery pathway’

UK REA unveils ‘green recovery pathway’

February 24, 2021 |

In the UK, the Association for Renewable Energy and Clean Technology (REA) have unveiled their ‘green recovery pathway’ which will accelerate the drive to net zero and provide thousands of new jobs. Launching the ‘Strategy for Renewable Energy and Clean Technologies’, REA’s CEO, Dr Nina Skorupska CBE, said that, ‘the change required over the next […]

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Bloom Biorenewables secures $4.75M in seed funding led by Gates venture fund

Bloom Biorenewables secures $4.75M in seed funding led by Gates venture fund

February 23, 2021 |

In Switzerland, Bloom Biorenewables closed its Seed Round of funding, resulting in a total of €3.9 million raised from dilutive and non-dilutive sources. This new investment confirms the potential of the company to act as a leader in sustainability and accelerates the market entry of its bio-based solutions. Bloom’s products are specifically designed to substitute […]

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Coalition for the Energy of the Future announces seven projects for 2021

Coalition for the Energy of the Future announces seven projects for 2021

February 23, 2021 |

In France, the Coalition for the Energy of the Future announced seven projects will be developed in 2021:  • Green hydrogen: capitalize on Carrefour projects Cathyope and H2Haul to experiment for the first time in Europe hydrogen-powered fuel cell long distance zero-emission trucks and propose a consolidated order book for goods’ transportation on French and […]

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Cargill and Maersk Tankers team on bunkering with eye on biofuels

Cargill and Maersk Tankers team on bunkering with eye on biofuels

February 23, 2021 |

In Switzerland, Cargill and Maersk Tankers are embarking on a strategic partnership to combine their bunker volumes, offering a new bunker procurement service to tramp shipping companies and trading houses. The initial goal is to procure bunker fuel for Cargill and Maersk Tankers’ combined fleet, while aiming to attract additional customers in the coming months. […]

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Cielo Waste Solutions sells 238,000 gallons of renewable diesel in first major offtake deal

Cielo Waste Solutions sells 238,000 gallons of renewable diesel in first major offtake deal

February 23, 2021 |

In Canada, Cielo Waste Solutions announced its first significant sale of renewable fuels with a purchase commitment for 900,000 liters (238,000 gallons) of renewable diesel at CAD$1.67/liter for an aggregate purchase price of CAD $1,500,000. The purchaser will also have an option to purchase another 600,000 liters (159,000gallons ) of renewable diesel at the same […]

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Avril secures $60M loan from EIB for plant protein and chemistry investments

Avril secures $60M loan from EIB for plant protein and chemistry investments

February 23, 2021 |

In France, the European Investment Bank (EIB) and the agrifood group Avril announced the finalization of a €50 million loan for the financing of innovative projects in the fields of plant protein and plant chemistry. This is the first partnership of its kind between the EIB and the Avril Group. This contribution of additional long-term resources […]

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Investancia signs 30-year offtake deal with ECB for pongamia oil

Investancia signs 30-year offtake deal with ECB for pongamia oil

February 23, 2021 |

In Paraguay, Investancia signed a 30-year offtake deal with ECB Group that will see 300,000 tonnes of ‘reforestation oil’ from pongamia oil produced annually by 2030. The deal represents a significant step forward in the global green transport transition.  The Investancia tree propagation and R&D center, located near Carmelo Peralta, Alto Paraguay, is the world’s […]

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Three Green Plains biorefineries to sequester their carbon with Summit Carbon Solutions

Three Green Plains biorefineries to sequester their carbon with Summit Carbon Solutions

February 22, 2021 |

In Nebraska, three of Green Plains’ biorefineries have entered into a long-term carbon offtake agreement with Summit Carbon Solutions (SCS), a subsidiary of Summit Agricultural Group. SCS announced a carbon capture and sequestration project that will create the infrastructure to transport CO2 from Iowa to North Dakota for deposit into geologic storage. Capturing and storing […]

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MMEX Resources to use solar to produce hydrogen in Texas

MMEX Resources to use solar to produce hydrogen in Texas

February 22, 2021 |

In Texas, MMEX Resources intends to develop solar energy to power multiple planned projects producing hydrogen and ultra-low sulfur fuels combined with carbon dioxide (CO2) capture in Texas. Jack W. Hanks, President and CEO of MMEX Resources Corp, announced a modified business plan moving MMEX to clean energy use and production. “The company plans to […]

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NGOs oppose plan to burn Namibian wood at German coal plant

NGOs oppose plan to burn Namibian wood at German coal plant

February 22, 2021 |

In Germany, a project which would see large quantities of Namibian wood burned in German power stations, starting with the Tiefstack coal plant in Hamburg, has attracted international criticism, with 40 development, environmental and social justice groups as well as scientists having sent an Open Letter to Germany’s Minister for Economic Cooperation and Development, Dr Gerd […]

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