Category: Fuels

European Commission OKs $3.1B German-Dutch scheme to support non-biological biofuels

European Commission OKs $3.1B German-Dutch scheme to support non-biological biofuels

December 19, 2024 |

In Belgium, European Commission has approved, under EU State aid rules, a €3 billion German-Dutch scheme to support the production of renewable fuels of non-biological origin (RFNBOs), including renewable hydrogen, throughout the world. These RFNBOs will be imported and sold in the EU, contributing to the objectives of the EU Hydrogen Strategy, the European Green Deal, […]

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Spanish biogas company acquires biomethane plant in Tarragona

Spanish biogas company acquires biomethane plant in Tarragona

December 19, 2024 |

In Spain, Ence has closed the acquisition of a biomethane generation plant in the municipality of La Galera (Tarragona). The facility, which extends over five hectares, is designed to produce up to 50 GWh of biomethane per year, with its corresponding sustainability certificates. The company has also signed a 15-year agreement with a major gas […]

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Coopercotton to invest $150M in corn ethanol plant in Mato Grosso

Coopercotton to invest $150M in corn ethanol plant in Mato Grosso

December 18, 2024 |

In Brazil, Reuters reports Coopercotton Cooperativa Agrícola will invest $150 million build a corn ethanol plant in the municipality of Itiquira, in the south of Mato Grosso, close to the border with Mato Grosso do Sul. The cooperative, formed by family groups of producers with over 20 years in business, is in the phase of […]

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AleAnna’s Italian biomethane plant set for Q1 2026 completion

AleAnna’s Italian biomethane plant set for Q1 2026 completion

December 18, 2024 |

In Italy, AleAnna announced the completion of a series of initiatives through which the company has expanded or proven out aspects of its renewable natural gas business. These include the purchase of majority working interests in three Italian biogas plants, first corporate revenue generation from its plant operations, and demonstration of the company’s ability to […]

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European Commission greenlights $362M state aid for Concrete Chemicals SAF project

European Commission greenlights $362M state aid for Concrete Chemicals SAF project

December 18, 2024 |

In Belgium, the European Commission has approved, under EU State aid rules, a €350 million German measure to support Concrete Chemicals GmbH in the production of synthetic aviation fuels. The measure will contribute to the achievement of the European Green Deal and the ReFuelEU Aviation  targets. Germany notified to the Commission a €350 million measure […]

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Petrobras invests $2.8B in 12 diesel/biodiesel hybrid vessels

Petrobras invests $2.8B in 12 diesel/biodiesel hybrid vessels

December 18, 2024 |

In Brazil, Petrobras has signed contracts worth R$16.5 billion for the construction and chartering of 12 Platform Supply Vessels (PSVs) from Bram Offshore and Starnav Serviços Marítimos. Of the total value of the contracts, R$5.2 billion is earmarked for investments in shipbuilding in Brazil. These vessels will be essential for the company’s Exploration and Production […]

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DNV handles Elyse Energy due diligence to source $124.4M funding round

DNV handles Elyse Energy due diligence to source $124.4M funding round

December 18, 2024 |

In France, DNV has successfully conducted a comprehensive technical due diligence to support Elyse Energy, an independent French company specializing in the production of low-carbon molecules, in securing a €120 million investment from Hy24, PGGM, Bpifrance, and Mirova.  The funds will support Elyse Energy’s sustainable fuel and low-carbon feedstock production projects in France and Spain, […]

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TruAlt Bioenergy signs MOU with Sumitomo to develop bioenergy across India

TruAlt Bioenergy signs MOU with Sumitomo to develop bioenergy across India

December 18, 2024 |

In India, TruAlt Bioenergy has signed a Memorandum of Understanding (MoU) with Sumitomo Corporation Asia & Oceania (SCAO), a leading global trading and investment solutions provider, to collaborate on the development of bioenergy business across India. TruAlt Bioenergy and SCAO are exploring a strategic collaboration in the bioenergy sector in India, focusing on a range […]

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ARENA to fund Ampol and GrainCorp $8.94M for SAF studies

ARENA to fund Ampol and GrainCorp $8.94M for SAF studies

December 17, 2024 |

In Australia, Australian Renewable Energy Agency (ARENA) is looking to cut emissions in Australia’s skies, with up to A$14.1 million in funding for two projects from its Sustainable Aviation Fuels (SAF) Funding Initiative. ARENA is providing A$8 million in funding to Ampol and A$6.1 million to GrainCorp for separate studies to develop renewable fuel alternatives […]

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Indonesia to boost SAF and HVO production from UCO

Indonesia to boost SAF and HVO production from UCO

December 17, 2024 |

In Indonesia, PT Kilang Pertamina Internasional (KPI) and PT Gapura Mas Lestari (GML) signed a Memorandum of Understanding securing the supply of feedstock for the Cilacap Green Refinery project. This initiative represents a major strategic move for KPI in its pursuit of green fuel development in Indonesia. The Cilacap Green Refinery project aims to process […]

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