In Brazil, the International Finance Corporation (IFC), a member of the World Bank Group, is providing an up to $165 million financing to São Martinho S.A., one of Brazil’s leading producers of sugar, ethanol, and renewable energy. This investment aims to support the company’s decarbonization efforts in the agribusiness sector, contributing to climate change mitigation […]
In New Jersey, RCM Thermal Kinetics, a division of RCM Technologies, launched its New Ethanol eXpansion Technology (NEXT) program. This solution is designed to revolutionize ethanol plant expansion projects by enhancing production capacity and energy efficiency without requiring costly and time-consuming major equipment replacement. Incorporating advanced engineering concepts adapted from the refining industry, NEXT can […]
In Italy, ACWA Power, a publicly traded company in Saudi Arabia recognized as the world’s largest private water desalination company signed a Memorandum of Understanding with Snam to explore collaboration and joint investments to establish a green hydrogen supply chain in Europe. Snam aims to build a pan-European multi-molecule infrastructure, promoting energy security and the […]
In Italy, Fratelli Cosulich Group has placed an order for another 7,999 dwt IMO2 chemical bunkering tanker at Taizhou Maple Leaf Shipbuilding Co., Ltd. This newbuild vessel is designed to carry fuel oil, biofuels up to B100, and methanol, highlighting our commitment to sustainability and fleet excellence. The delivery of this methanol-ready vessel is scheduled […]
In Indonesia, AP News reported that the South Korean government will reduce subsidies for biomass energy after rising domestic and international criticism of its link to deforestation. “While not without caveats, (the) decision by the South Korean government demonstrates that large-scale biomass power has no place in a renewable energy future,” Hansae Song, program lead […]
In Germany, The Business Research Company reported that the global advanced biofuels market is expected to reach a value of $164.68 billion in 2025, up from $116.85 billion last year. The research firm noted that the market is forecasted to grow at a CAGR of 40.9% during the period. “Growth factors such as production facilities […]
In Norway, Boeing said it has become a key project development partner of Norsk e-Fuel, supporting one of Europe’s first industrial scale Power-to-Liquids (PtL) facilities. Boeing noted that this investment will accelerate the production and availability of sustainable aviation fuel in the Nordics and globally. Norsk e-Fuel will produce jet fuel known as electro-SAF, or […]
In Spain, Amazon said it is starting to pack and deliver groceries for customers in Spain using bio-based bags made from vegetable materials produced in Europe, including corn starch and vegetable oils, which can one day be recycled into new bags. The first trials of the new bags, developed by materials experts at Italian company […]
In Vietnam, The Investor reported that Vietnam’s Ministry of Industry and Trade plans to add biomass power to the direct power purchase agreement (DPPA) mechanism, according to its draft decree to replace Decree 80/2024 on DPPA mechanism. The current DPPA mechanism features solar and wind power of at least 10 MW. The addition of biomass […]
In China, The Hong Kong and China Gas Company Limited (Towngas) and Singaporean company Global Energy have signed a memorandum of understanding (MOU) to jointly advance the supply and distribution of green methanol as a marine fuel for the shipping industry. This strategic collaboration between Towngas and Global Energy integrates production and logistics capabilities to […]
