In Hong Kong, Airbus and the Cathay Group have announced a joint investment of up to $70 million to accelerate the development of sustainable aviation fuel production in Asia and globally. Under the terms of the partnership, the two companies will collaborate to identify, evaluate and invest in projects that support the scaling of SAF […]
In Texas, XCF Global, Inc. has signed a binding term sheet with New Rise Australia Pty. Ltd. to accelerate the development of renewable fuel production facilities across Australia. The binding term sheet grants New Rise AU an exclusive 15-year license to use the design, layout, and configuration of XCF’s New Rise Reno facility to build […]
In Sweden, Umeå Energi and Liquid Wind have signed the agreements that enable the construction of an electrical fuel plant in Umeå. The signed agreements regulate, among other things, financing, advice and guarantees between the companies. With a consensus in the project, the parties can now enter the next phase and intensify the dialogue with […]
In France, Charwood Energy announced the successful €1.5 million fundraising by its subsidiary Charwood Innovation on Lita.co, a leading sustainable investment platform. Charwood Innovation meets this need through the development of the first independent and industrial French R&D center dedicated to pyro-gasification. This innovative technology makes it possible to produce competitive, decarbonized green gas from […]
In China, Airbus and the Cathay Group have announced a joint investment of up to $70 million to accelerate the development of sustainable aviation fuel (SAF) production in Asia and globally. Under the terms of the partnership, the two companies will collaborate to identify, evaluate and invest in projects that support the scaling of SAF […]
In Sweden, Lantmännen Energi AB has entered into a preliminary agreement with ARP (Agencja Rozwoju Przemysłu) S.A. and the minority shareholders to acquire Ekobenz Sp. z o.o. (Ekobenz) in Poland. The acquisition extending and strengthening Lantmännen Energy’s position as a leader in bioenergy products by building a fully integrated and resilient supply chain for sustainable […]
In Australia, Australia’s Pacific Support Vessel, ADV Reliant, has achieved a major milestone in strengthening the nations fuel resilience by refuelling with renewable diesel for the first time. While docked in Townsville, the vessel took on 130,000 liters of a 30 per cent renewable diesel blend, demonstrating that Defense platforms can operate on lower-emission fuels […]
In Sweden, the European Investment Bank (EIB) is providing €40 million in venture debt financing to Meva Energy AB, a Swedish cleantech company pioneering modular gasification plants that convert biomass residues into climate-neutral, industrial-grade biogas. This innovative fuel can directly replace fossil gas in a range of industries, supporting Europe’s transition to cleaner energy and […]
In Hawaii, Par Pacific announced the successful closing of Hawaii Renewables, LLC, a joint venture to construct a renewable fuels facility and produce renewable fuels at Par Pacific’s refinery in Kapolei, Hawaii. Mitsubishi Corporation and ENEOS Corporation, through Alohi Renewable Energy LLC, acquired a 36.5% equity stake in Hawaii Renewables in exchange for cash consideration […]
In Malaysia, the Malaysian Palm Oil Council says Indonesia’s B50 program is estimated to require around 17 million tons of palm oil for blending – an increase of 3 million tons from the current B40 mandate, equivalent to roughly 35% of Indonesia’s palm oil production. The country also consumes around 10 million tons for food […]
