Category: Fuels

South Korea and Plagen ink deal for Taebaek green methanol project

South Korea and Plagen ink deal for Taebaek green methanol project

September 3, 2024 |

In South Korea, Renewable Energy Magazine reports in Taebaek City, South Korea, Plagen and eight other companies signed an agreement to establish the country’s first commercial-scale green methanol plant, set to begin construction in late 2025, using locally sourced forest residues as feedstock to revitalize the region’s economy and reduce carbon emissions. The plant, which […]

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EPA extends emergency fuel waiver for Midwestern states

EPA extends emergency fuel waiver for Midwestern states

September 2, 2024 |

In Washington, the Environmental Protection Agency has extended an emergency fuel waiver that EPA issued on August 1, 2024, in response to requests made by some states waivers under the Clean Air Act (CAA) to address a fuel supply emergency caused by a power outage and resulting emergency shutdown of the ExxonMobil Joliet refinery when […]

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Nedgia contracts 45 connections to biomethane plants for injection in Spain

Nedgia contracts 45 connections to biomethane plants for injection in Spain

September 2, 2024 |

In Spain, Nedgia, the Naturgy Group’s gas distributor, has already signed 45 contracts for connection to biomethane plants for the injection of renewable gas into its gas distribution network. The injection capacity linked to these requests amounts to 2,400 GWh/year, equivalent to the gas consumption of nearly half a million homes in Spain. By autonomous […]

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Tidewater Renewables extends debt facility in attempt to restructure

Tidewater Renewables extends debt facility in attempt to restructure

September 2, 2024 |

In Canada, Tidewater Renewables Ltd. has obtained an interim extension of the maturity of its C$175 million first lien senior credit facility, and its C$25 million of additional debt capacity under the second lien term debt facility, from August 30, 2024 to September 18, 2024. This interim extension is expected to provide the Corporation with […]

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Clean Fuels Alliance sends letter to Treasury Secretary urging Clean Fuels Production Credit guidance

Clean Fuels Alliance sends letter to Treasury Secretary urging Clean Fuels Production Credit guidance

September 2, 2024 |

In Washington, Clean Fuels Alliance America sent a letter to Treasury Secretary Janet Yellen last week, urging the agency to issue guidance, including safe harbors, to the §45Z Clean Fuels Production Credit by September 1. The new producer credit becomes available on January 1, 2025, as the existing blender credit expires. Clean Fuels’ letter emphasizes […]

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Iberia Maintenance begins using 5% SAF at engine test bench

Iberia Maintenance begins using 5% SAF at engine test bench

September 2, 2024 |

In Spain, Iberia Maintenance has begun using 5% sustainable aviation fuel (SAF) in its engine test bench at the La Muñoza facilities, near the Adolfo Suarez Madrid-Barajas airport, in what marks another step towards the decarbonization of the sector. The use of this type of fuel will allow for a reduction of 115 tons of […]

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bp America Cherry Point Refinery lands $26M grant to build SAF production

bp America Cherry Point Refinery lands $26M grant to build SAF production

September 2, 2024 |

In Washington state, bp America Cherry Point Refinery and Everett hydrogen-electric engine manufacturer ZeroAvia will receive large federal awards as part of over $36 million in grant funding for innovative sustainable aviation projects in the State of Washington provided under a grant program authored by U.S. Senator Maria Cantwell (D-WA), chair of the Senate Commerce, […]

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International Chemical Investors Group buys Clariant’s decomissioned 2G ethanol plant in Romania

International Chemical Investors Group buys Clariant’s decomissioned 2G ethanol plant in Romania

September 2, 2024 |

In Romania, International Chemical Investors Group (ICIG) signed an agreement with Clariant to purchase the decommissioned bioethanol plant in Podari, Romania in late July. In the future, the site will be operated by ICIG’s biotechnology subsidiary Corden BioChem. As a biotechnology CDMO, Corden BioChem already operates one of Europe’s largest fermentation plants at the industrial […]

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Hygreen Energy, Coxabengoa sign strategic deal for market expansion of green hydrogen

Hygreen Energy, Coxabengoa sign strategic deal for market expansion of green hydrogen

August 31, 2024 |

In China, Hygreen Energy, a global electrolyzer manufacturer, and Coxabengoa, a vertically integrated global water and energy utility, have signed a strategic agreement to collaborate on hydrogen technology advancement, market expansion for electrolyzer solutions in Europe, and production capacity expansion that will accelerate European hydrogen project development. The agreement will leverage Coxabengoa’s capabilities in production […]

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Toyota, BMW to strengthen hydrogen cooperation

Toyota, BMW to strengthen hydrogen cooperation

August 31, 2024 |

In Japan, Kyodo News reported that Toyota Motor and BMW will expand their tie-up in operations of fuel cell vehicles in a bid to increase the competitiveness of their hydrogen-powered cars. Under the extended partnership due to be announced on September 5, Toyota will provide key components such as hydrogen tanks to BMW, which in […]

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