Category: Fuels

EIB and Breakthrough Energy Catalyst to invest $72.8M in German e-fuel company

EIB and Breakthrough Energy Catalyst to invest $72.8M in German e-fuel company

January 30, 2025 |

In Luxembourg, European Investment Bank (EIB) and Breakthrough Energy Catalyst are providing a €70 million funding package through the EU-Catalyst Partnership to INERATEC, a Germany based e-fuel company. The EIB is providing a €40 million venture-debt-loan, backed by the EU`s InvestEU-program, while Breakthrough Energy Catalyst is awarding a grant of €30 million. The package will […]

Read More

Faircraft lands $15.8M investment round for lab-grown leather

Faircraft lands $15.8M investment round for lab-grown leather

January 30, 2025 |

In France, Faircraft has announced a $15.8 million fundraising round. The round was backed by internationally-renowned investment funds, including Kindred Ventures (USA), Cap Horn (France), BPI (France), Sake Bosch (Netherlands), Entrepreneur First (UK), Alliance for Impact (France), and Heirloom (USA). This funding will enable Faircraft to expand its team, notably by recruiting more engineers and […]

Read More

DOE informs Calument that $782M loan guarantee delayed to confirm alignment with White House priorities

DOE informs Calument that $782M loan guarantee delayed to confirm alignment with White House priorities

January 29, 2025 |

In Montana, Calumet, Inc. has been informed by the U.S. Department of Energy Loan Programs Office that the first tranche of approximately $782 million under the guaranteed loan facility that was previously approved for funding January 28 will undergo a tactical delay to confirm alignment with White House priorities.  The loan facility, which closed on […]

Read More

Summit Next Gen $1.6B SAF facility qualifies under Texas Jobs, Energy, Technology, and Innovation program

Summit Next Gen $1.6B SAF facility qualifies under Texas Jobs, Energy, Technology, and Innovation program

January 29, 2025 |

In Texas, Governor Greg Abbott announced Summit Next Gen, LLC in Harris County as a qualified project under the new Texas Jobs, Energy, Technology, and Innovation (JETI) program. Summit Next Gen will open a world-class sustainable aviation fuel manufacturing and refining facility along the Texas Gulf Coast, which will be the largest ethanol-to-jet fuel production facility […]

Read More

Sustainable heat report shows options for decarbonizing higher education campuses

Sustainable heat report shows options for decarbonizing higher education campuses

January 29, 2025 |

In Massachusetts, Lifecycle Renewables, the creator of Truburn, a renewable heating oil that reduces greenhouse emissions by over 86 percent, released the results of an independent report, Sustainable Heat: Options for Decarbonizing Cold-Region Higher Education Campus Heating Systems. The report, commissioned by Lifecycle Renewables and conducted by David Gardiner and Associates, an unbiased environmental consulting firm, […]

Read More

Liquid Wind lands environmental permit for eFuel facility in Sweden

Liquid Wind lands environmental permit for eFuel facility in Sweden

January 29, 2025 |

In Sweden, Liquid Wind has received an environmental permit for its large-scale eFuel production facility in Umeå, Sweden. The facility is developed by Liquid Wind and will be one of the largest industrial investments to date in Umeå, expected to be ready for production in 2027. The Land and Environmental Court in Umeå has approved […]

Read More

Repsol moves forward with renewable and circular methanol from waste facility

Repsol moves forward with renewable and circular methanol from waste facility

January 29, 2025 |

In Spain, Repsol’s Board of Directors gave the green light to invest in the Ecoplant, a pioneering project in Europe to transform urban waste into renewable fuels and circular products, adding a solution for reducing CO2 emissions in the transport sector, while at the same time promoting the circular economy. Located in Tarragona, this facility […]

Read More

Jord and Votion Biorefineries team up to produce SAF from C4 grasses

Jord and Votion Biorefineries team up to produce SAF from C4 grasses

January 29, 2025 |

In Sweden, Jord AB and Votion Biorefineries AB announced a strategic partnership to convert Jord’s sustainable C4-grass biomass into biocrude and sustainable aviation fuel (SAF). This collaboration aims to accelerate the global energy transition and reduce carbon emissions in hard-to-abate sectors such as transport, aviation, and chemicals. Jord specializes in cultivating and commercializing C4-grass biomass […]

Read More

Lancaster University spins out ADTechOptima to solve biogas challenges

Lancaster University spins out ADTechOptima to solve biogas challenges

January 29, 2025 |

In the UK, Lancaster University spin-out business, ADTechOptima, is set to tackle long standing problems holding back the biogas-bioenergy sector. The company, formed by researchers from the Lancaster Environment Centre and Lancaster University’s School of Engineering, is focused on developing two groundbreaking anaerobic digestion technologies. Anaerobic digesters convert organic waste, such as food waste and […]

Read More

Haffner Energy, LanzaTech, and LanzaJet explore biomass-to-SAF

Haffner Energy, LanzaTech, and LanzaJet explore biomass-to-SAF

January 28, 2025 |

In France, Haffner Energy, LanzaTech, and LanzaJet are working together to explore joint biomass-to-Sustainable Aviation Fuel (SAF) projects covering the entire production value chain. The three companies are exploring SAF production opportunities, including the development of commercial plants, joint technology licenses, and offtake opportunities as they become available, and funding support and/or investment in specific […]

Read More

}