In Georgia, Pacolet Milliken has acquired 100% of Georgia Renewable Power (“GRP”), which owns two biomass power plants in northeast Georgia, one in Franklin County and one in Madison County This acquisition roughly triples the size of Pacolet’s biomass platform. Financing was provided by Manulife. The terms of the transaction were not disclosed. The Plants […]
In the UK, Neela Biotech, the Cambridge-based biotech startup turning waste into sustainable aviation fuel (SAF), has raised £2.1 million in pre-seed funding to take its technology from the lab to a pilot-scale trial at a biogas plant over the next two years. The investment comes as the aviation industry searches for a way to […]
In Argentina, InfoBAE reports state-controlled oil company YPF has signed a long-term agreement with TotalEnergies to purchase the output of its planned sustainable aviation fuel (SAF) and renewable diesel facility in San Lorenzo, Santa Fe. The plant, developed through joint venture Santa Fe Bio with Essential Energy, is designed to produce 170,000 metric tons annually […]
In Germany, Munich Startup reports startup TURN2X has raised $23 million to expand production of e-methane, a synthetic natural gas made using renewable hydrogen and biogenic carbon dioxide. Its commercial plant in Miajadas, Spain, uses flexible methanation technology designed to take advantage of surplus renewable electricity. TURN2X is targeting expansion to more than 1 terawatt-hour […]
In Italy, Topsoe has signed a licensing agreement with Bharat Petroleum Corporation Limited (BPCL) to provide its Kerosene Hydrotreating Technology for co-processing for SAF production at BPCL’s Mumbai Refinery. Under the agreement, BPCL will revamp its existing 4,000 metric tons per day Kerosene Hydrotreater Unit to co-process 5% renewable feedstock, in the form of used […]
In Hungary, Portfolio reports Mol’s first biomethane plant was handed over in Szarvas. After the more than 2.7 billion HUF development, the biomethane produced in the plant will be fed into the national natural gas network, replacing more than 7 million cubic meters of natural gas in the gas network with renewable energy sources every […]
In Italy, Genera New Energy and Bracco Imaging announced the inauguration of a biomethane production facility in Tuscany, Italy. The project represents one of the key initiatives in Bracco’s long-term emissions reduction strategy and combines Bracco’s direct involvement with Genera New Energy’s investment, development and operational capabilities in sustainable energy infrastructure. Under a Biomethane Purchase […]
In Singapore, the Maritime and Port Authority of Singapore (MPA), the CMA CGM Group, and Singapore LNG Corporation Pte Ltd (SLNG) have signed a Memorandum of Understanding (MOU) to explore the supply and use of liquefied bio-methane as a marine fuel in Singapore. The parties will explore how existing gas infrastructure in Singapore could support […]
In Colorado, Gevo announced a three-year agreement with CEEZER for the sale of CDR credits generated at Gevo’s North Dakota carbon capture and sequestration project. This first multi-year agreement for Gevo supports its path toward a carbon business exceeding $30 million in annual revenue from existing operations. The agreement of a five-figure volume of tons […]
In Australia, Delorean Corporation Limited has entered into a non-binding agreement with Westpac for project financing of A$20.0 million to fund capital plant and equipment for its Build-Own-Operate NSW1 Horsley Park Bioenergy Project, located in Western Sydney. This non-binding funding agreement and mandate represents a major milestone in Delorean’s infrastructure strategy, establishing a relationship with […]
