In Colorado, Gevo announced that it has closed its previously announced registered direct offering priced at-the-market under Nasdaq rules of an aggregate of 43,750,000 shares of common stock at a purchase price of $8.00 per share. H.C. Wainwright & Co. acted as the exclusive placement agent for the offering. Citigroup acted as capital markets advisor […]
In the UK, Quadrise has signed a Joint Development Agreement with MSC Shipmanagement Limited of Cyprus (“MSC”), a 100% subsidiary of MSC Mediterranean Shipping Company SA headquartered in Geneva, to carry out an MSAR® Operational Trial on commercial container vessels in the MSC global fleet commencing in 2021 with, subject to further agreement, subsequent commercial […]
In India, the Economic Times newspaper reports that the country’s still authority is planning to develop a $54.8 million gas-to-ethanol plant in Chandrapur, Maharashtra, the first ever in the country. About 20% of the investment is expected to be covered by the government through grants related to the 2018 biofuels policy. The three other plants […]
In Belgium, Platts reports European ethanol producers are looking to significantly scale back production in Q2 due to some of the lowest crush margins on record. As seen around the world, the global COVID-19 pandemic has significantly reduced driving, shrinking demand for gasoline and in turn for ethanol blending. That low demand is mixed with […]
In Washington, the U.S. Environmental Protection Agency and Department of Energy announced key members of the agencies’ incoming leadership team who will advance the Biden-Harris administration’s agenda to tackle the climate crisis, advance environmental justice and create clean energy jobs. Members of the incoming EPA and DOE leadership team are listed here along with their […]
In Sweden, S&P Global Platts reports that the production capacity for renewable diesel made from materials like raw tall oil diesel, residues from the food industry and recycled frying oil, at Sweden’s Gothenburg refinery has increased 40% following a redevelopment of the green hydrotreater plant (GHT). “The redevelopment means that Preem has increased its domestic […]
In California, Aemetis, Inc.’s “Carbon Zero” biofuels production process received a total of $16.8 million of solar energy and other energy efficiency grants to fund upgrades of the Keyes, California plant to support the production of zero carbon renewable fuel. The renewable energy and efficiency projects funded by the grants already have been launched into […]
In Canada, German-based thyssenkrupp Uhde Chlorine Engineers’ Green Hydrogen product division was awarded an engineering contract to install an 88 megawatt (MW) water electrolysis plant for Canadian energy company Hydro-Québec after successfully completing a feasibility study. Green hydrogen is generated from hydropower by means of electricity and is used to produce biofuels. Hydro-Québec will operate […]
In Brazil, BNAmericas reports that Brazil’s competition regulator, Cade, authorized RPBio to buy Petrobras Biocombustíveis’ 50% interest in local biodiesel plants operator BSBios. Petrobras said previously that the share is worth 322mn reais (US$60mn). “RPBio is a holding belonging to the ECB group, which owns the remaining 50% of BSBios. It operates in the biofuel […]
In California, Amyris, Inc. will expand its portfolio of consumer brands by launching a new range of Terasana branded clean beauty products focused on sustainably sourced natural cannabinoids, enabled by its proprietary Lab-to-Market synthetic biology platform, which has a track record of developing and producing platform molecules from naturally sourced sugarcane and a sustainable fermentation […]
