Category: Fuels

Advanced biofuels market set to grow to $45.8 billion by 2035, research finds

Advanced biofuels market set to grow to $45.8 billion by 2035, research finds

March 16, 2025 |

In Delaware, Future Market Insights reported the advanced biofuels market is poised for significant growth, with an estimated market size of $20.1 billion in 2025. This growth is expected to accelerate, reaching $45.8 billion by 2035, reflecting a CAGR of 8.6% from 2025 to 2035. “Ethanol is anticipated to have considerable growth in the advanced […]

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Vopak Horizon Fujairah completes first ISCC-certified biofuel bunkering ops in UAE

Vopak Horizon Fujairah completes first ISCC-certified biofuel bunkering ops in UAE

March 16, 2025 |

In Singapore, Manifold Times reported that Liquid and gas storage and infrastructure solutions provider Vopak said Vopak Horizon Fujairah successfully completed its first ISCC Certified bio-bunkering supply operations in the United Arab Emirates (UAE). The operation involved the supply of B24 bunker fuel, a blend of 24% of FAME with Very Low Sulpur Fuel Oil, […]

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Baltic Exchange introduces biofuel blends in latest expansion of its Emissions Calculator

Baltic Exchange introduces biofuel blends in latest expansion of its Emissions Calculator

March 16, 2025 |

In the UK, Baltic Exchange reported that it has introduced a series of green fuel options to its FuelEU voyage and compliance cost calculator as more shipowners, traders and charterers seek to understand the commercial implications of this regulation on their voyage costs. Biodiesel, bio-LNG, bio-LPG, green methanol, green hydrogen and green ammonia have all […]

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Latam’s largest ag cooperative select ICM to develop dry-mill grain ethanol facility in Paraná

Latam’s largest ag cooperative select ICM to develop dry-mill grain ethanol facility in Paraná

March 13, 2025 |

In Brazil, COAMO Agroindustrial Cooperativa, the largest agricultural cooperative in South America, has selected ICM Tecnologia em Biocombustíveis Ltda. (ICM) to provide professional services and equipment for a new dry-mill grain ethanol production facility at the COAMO industrial site in Campo Mourão, Paraná. ICM will deliver a comprehensive suite of services, including engineering, construction review, […]

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Florida man sentenced to 37 months in prison for $13M in RIN and tax credit fraud related to biodiesel

Florida man sentenced to 37 months in prison for $13M in RIN and tax credit fraud related to biodiesel

March 13, 2025 |

In Florida, the General Manager of a company that produces and sells renewable fuel and fuel credits was sentenced to serve 37 months in prison to be followed by a three-year term of supervised release for his role in a scheme that generated over $7 million in fraudulent Environmental Protection Agency (EPA) renewable fuels credits […]

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Green power project tied to Texan biofuel facility seeking investment

Green power project tied to Texan biofuel facility seeking investment

March 13, 2025 |

In California, Plural announced a new private placement offering by Opdyke Class A. The project features a 20 MWAC solar and 97 MWh battery microgrid delivering electricity to a co-located renewable biofuels facility in Hockley County, Texas, owned by a global energy and commodities firm and backed by a multi-billion investment management company. Through Plural’s securities […]

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KOKO lands Mirova Gigaton Fund loan to scale across Kenya and Rwanda

KOKO lands Mirova Gigaton Fund loan to scale across Kenya and Rwanda

March 13, 2025 |

In Kenya, Mirova, an affiliate of Natixis Investment Managers dedicated to sustainable investing, announces financing for KOKO, a climate technology leader. Through an innovative and scalable carbon finance debt facility, the loan from the Mirova Gigaton Fund will enable KOKO to scale up a new type of residential energy utility across Kenya and Rwanda, in […]

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ABB and Charbone Hydrogen sign MOU to develop modular and scalable green hydrogen units

ABB and Charbone Hydrogen sign MOU to develop modular and scalable green hydrogen units

March 13, 2025 |

In North Carolina, ABB and Charbone Hydrogen Corporation – an integrated green hydrogen production company based in Montreal, Canada – have signed a Memorandum of Understanding (MoU) agreement to collaborate on the development of up to 15 modular and scalable green hydrogen production facilities across North America over the next five years, providing a clean […]

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TotalEnergies teams with RWE to supply 000 tons a year of green hydrogen to refinery

TotalEnergies teams with RWE to supply 000 tons a year of green hydrogen to refinery

March 13, 2025 |

In Germany, TotalEnergies has signed an agreement with the German developer RWE to supply 30,000 tons a year of green hydrogen to the German Leuna refinery for fifteen years, beginning in 2030. The green hydrogen will be produced by a 300 MW electrolyzer, built and operated by RWE in Lingen. Green hydrogen storage will be […]

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Ethanol stocks continue to grow despite lower production and higher exports

Ethanol stocks continue to grow despite lower production and higher exports

March 13, 2025 |

In Washington, Brownfield Ag News report Energy Information Administration data shows ethanol stocks continue to build on the back of slower demand, reaching 27.376 million barrels last week, as a nearly five-year high continues. Ethanol purchases from refiners continued to slip, and production dipped to six-week lows in turn at 1.062 million barrels per day. […]

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