Category: Fuels

DBS provides first green loan to finance biomass power plant in Singapore

DBS provides first green loan to finance biomass power plant in Singapore

November 4, 2024 |

In Singapore, DBS, in partnership with homegrown renewable power generator Rexus Bioenergy, announced the company’s first green loan to finance the construction of a biomass power plant in Jurong. Upon completion in 2H2026, the RExus Waste Wood-to-Energy Plant will also explore the potential of carbon capture technology in advancing Singapore’s net-zero ambitions. DBS acted as […]

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CPH2 licenses technology to Hidrigin and will supply 1MW MFE220 electrolyser

CPH2 licenses technology to Hidrigin and will supply 1MW MFE220 electrolyser

November 4, 2024 |

In Ireland, CPH2 is pleased to announce that it has entered into a License Agreement with Lisheen H2 Energy Park Limited, which trades under the name Hidrigin. In addition to signing the License Agreement, the parties have entered a Sales Contract for the delivery of a 1MW MFE220 electrolyser unit by CPH2. The Licence Agreement […]

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DG Fuels to invest $5B in Minnesota SAF facility

DG Fuels to invest $5B in Minnesota SAF facility

November 4, 2024 |

In Minnesota, DG Fuels announced the selection of a site for a roughly $5 billion manufacturing facility and hundreds of good jobs in Moorhead, Minnesota, that will produce 193 million gallons per year of low-carbon aviation fuel (SAF) using agricultural and wood waste as feedstock. This news is a notable milestone for the MN SAF […]

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LanzaTech Global to develop CCUS in Norway

LanzaTech Global to develop CCUS in Norway

November 4, 2024 |

In Illinois, LanzaTech Global announced plans to develop a commercial-scale Carbon Capture and Utilization facility at Herøya Industrial Park in Porsgrunn, Norway. The plant will produce ethanol and is expected to begin operations in 2028. Eramet will supply furnace gas as feedstock to the facility from the Porsgrunn Manganese Alloys smelter but will not participate […]

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BioVeritas launches process for SAF via fermentation

BioVeritas launches process for SAF via fermentation

November 4, 2024 |

In Texas, BioVeritas LLC recently announced that it is launching The BioVeritas Process for SAF. This breakthrough technology converts biomass via fermentation into volatile fatty acids (VFAs), a key precursor for a range of high-value products, most notably SAF. The company, then known as Terrabon, first began exploring sustainable fuels over fifteen years ago, long before the term […]

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Sistema.bio lands $15M financing for global expansion

Sistema.bio lands $15M financing for global expansion

November 4, 2024 |

In Kenya, Sistema.bio has secured a package of $15 million in financing to fuel its global growth. The company has grown its sales by over five times in the last three years, driven by deep climate, economic and health impacts for farmers worldwide. The current funds will support the continued growth of its partnerships, markets […]

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California state government announces partnership with airlines on SAF

California state government announces partnership with airlines on SAF

November 1, 2024 |

In California, the Government of California state announced a new agreement between Airlines 4 America (A4A) and the California Air Resources Board (CARB), which will significantly reduce carbon emissions by accelerating the use of sustainable aviation fuels for flights within the state.  The agreement sets a goal of increasing the availability of sustainable aviation fuel […]

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OptiFILL+ gets USDA Certified Biobased Product Label 

OptiFILL+ gets USDA Certified Biobased Product Label 

November 1, 2024 |

In Pennsylvania, Preferred Sands announced that OptiFILL+, its Antimicrobial Coated Sand infill, has been awarded the USDA Certified Biobased Product label.  With over 40% biobased content, OptiFILL+ offering a sustainable solution for sports fields, landscaping, and pet applications, the firm said. The USDA BioPreferred Program certifies products that contain a significant percentage of biobased materials, […]

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EverWind Fuels Awarded $16 million investment from Canada for clean port and green fuels hub

EverWind Fuels Awarded $16 million investment from Canada for clean port and green fuels hub

November 1, 2024 |

In Canada, EverWind Fuels said it has been awarded $16 million through Transport Canada’s Green Shipping Corridor Fund, marking a significant milestone in establishing Atlantic Canada as a premier hub for green hydrogen and ammonia production and transportation. The firm noted that this strategic investment will support critical marine and shore-side infrastructure development at EverWind’s […]

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Matteco secures $16.3 million to expand production of green hydrogen materials

Matteco secures $16.3 million to expand production of green hydrogen materials

November 1, 2024 |

In the Netherlands, Offshore Energy reported that Spanish company Matteco has closed a $16.3 million Series A investment round backed by a group of national and international family offices, including Grupo ASV (Spain), Napali (Chile) and Zubi (Spain), with the aim of boosting the production of its materials for green hydrogen. The report noted that […]

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