In France, Pegasus Capital Advisorsis collaborating with Partanna on a strategic investment of up to $20 million. The investment, under discussion and subject to further diligence and final agreements, will support Partanna’s expansion into emerging markets and help unlock catalytic grant opportunities. The investment will also be used to build coastal resilience under Partanna Ocean – a […]
In Texas, XCF Global shared its strategic plan to invest close to $1 billion in developing a network of SAF production facilities, expanding its U.S. footprint, and advancing its international growth strategy. The firm noted that approximately $350 million has been invested to bring New Rise Reno online which has created approximately 60 full-time management, […]
In the Netherlands, Offshore Energy reported that RINA, an Italy-based engineering consulting, inspection, and certification company, has been selected to conduct a water assessment study aimed at securing industrial water supply for green hydrogen production at the Pecém Industrial and Port Complex (CIPP), a low-carbon development hub in Brazil. The study will explore two water […]
In Germany, NEOS Styrolution said it has successfully commercialized its 100% bio-attributed polystyrene, Styrolution PS 158K BC100. As of early 2025, food trays using this bio-based material have been available on the shelves of the Japanese market through collaboration with a well-known retail franchise, the firm said. Styrolution PS 158K BC100 uses an ISCC-certified mass […]
In Nigeria, Nairamatrics reported that the Lagos State Government has announced a $400 million plan to establish a waste-to-energy (WTE) plant in Epe. The plant is projected to deliver a 12% Internal Rate of Return (IRR) over a 20-year period, supported by electricity tariffs and a tipping fee. The proposed plant in Epe will convert […]
In New York, The Times of Central Asia reported that China’s Hunan Junxin Environmental Protection Co. Ltd. plans to invest $600 million in constructing three waste-to-energy plants in Kazakhstan. The project was the focus of a meeting on July 3 between Azamat Kozhanov, Deputy Chairman of the Board at Kazakh Invest, and Dai Daoguo, Chairman […]
In the UK, Reuters reported that global commodity trader Trafigura’s UK-based biofuel producer and fuel distributor Greenergy will begin a consultation with employees to close its biodiesel plant in Immingham, northeastern England. Around 60 jobs will be subject to the consultation process, according to a company spokesperson. Greenergy shut down the plant and placed it […]
In Greece, Safety4sea reported that Green Marine Group and Vertoro announced a strategic partnership aimed at accelerating the market validation and commercial deployment of lignin-alcohol blends, also known as crude lignin oil (CLO), as sustainable marine fuels (SMF). The two companies will focus on rigorous market validation and accelerating the commercial roll-out of CLO-based marine […]
In the UK, Greenergy will begin consultation on a proposal to cease production at its biodiesel plant in Immingham, Lincolnshire. Despite significant cost reductions to improve the plant’s viability, the Immingham plant has continued to be negatively impacted by market factors, including slower increases in the UK’s biofuels blending mandates compared to European countries and […]
In Texas, HyOrc Corporation has signed a Memorandum of Understanding (MOU) with Start Lda, a Portugal-based liquid and gaseous fuels trading company, to develop a 25,000 ton per annum green methanol production facility in Porto, with conservative projected lifetime revenues of $390m from the facility. This agreement builds on HyOrc’s previously announced MOU with Acetech […]
