In Finland, technology group Wärtsilä said it will lead a five-year collaboration of more than 200 Finnish companies, industrial organizations, research institutes, and universities. The partners in this “Wide & Intelligent Sustainable Energy” (WISE) project will together develop innovative clean energy concepts. The consortium intends to strengthen the Finnish energy sector to become a world-leader […]
In Australia, Business News Australia reported that Alt. Leather, a startup established in 2022 has raised $718,000 in a seed round. The report noted that the firm aims to produce Australia’s first 100% plant-based alternative to leather. The company has secured the backing of Startmate, The Austin Group, Robyn Denholm’s family office Wollemi Capital Group […]
In Ohio, Plastics Technology reported that bioplastics startup PlantSwitch has raised its financial investment by $8 million with participation of large institutional investment firm NexPoint Capital to proceed with its first commercial manufacturing facility in North Carolina and expand its team. The report stated that the plant began producing material in December 2023. The company […]
In Norway, energy company Gasum has opened its newest gas filling station in Kristiansand municipality marking a significant expansion of the company’s liquefied biogas (LBG) infrastructure in the country. Gasum collaborated with Mjåvann Invest to open the new gas filling station, in which it offers both compressed and liquefied biogas. The station is open to […]
In Norway, Eidesvik Offshore joined forces with Agalas to build a state-of-the-art Construction Support Vessel (CSV) to perform subsea and offshore wind operations. Equipped with methanol engines and a battery hybrid system the vessel will be the world’s most environmentally friendly vessel within its operating segments, Eidesvik Offshore said. The vessel will be owned by […]
In Canada, Braya Renewable Fuels has achieved commercial operations. This marks the successful completion of its refinery conversion project and is the beginning of providing reliable renewable fuel for the energy transition. Braya anticipates initial production capacity of 18,000 barrels per day of renewable diesel, with future plans to expand production capacity, add sustainable aviation […]
In Texas, CVR continues to evaluate opportunities for renewables expansions, particularly into the SAF production at both Wynnewood and Coffeyville. On the potential Wynnewood project, the company plans to begin soliciting bids over the next few months for offtake agreements that would support the potential conversion of the existing renewable diesel unit to 100% SAF. […]
In Singapore, Vitol Bunkers has taken delivery of the “Marine Future”, its first specialized bunker barge in Singapore, strengthening its position in Asia’s expanding biofuel bunker market. The addition of this specialized IMO type 2 notation bunker tanker to the V-Bunkers fleet will uniquely make it possible to supply biofuel blends including B24, B30 and […]
In Denmark, Kvasir Technologies has successfully closed a seed extension, securing substantial investments from sustainability advisory and impact investor The Footprint Firm, based in Copenhagen, and the Export and Investment Fund of Denmark (EIFO), formerly known as Vækstfonden. With this latest round, Kvasir Technologies has now secured 11 million Euros in funding, with the majority […]
In Switzerland, Mocoh announced the formation of a new biofuels trading company this week. Mocoh Sustainable Energy Trading (MSET) sees Mocoh partner with established, global low carbon and biofuels traders Clear Sustainable Energy Trading (CSET). The new entity will supply cleaner energy solutions worldwide, contributing to the acceleration of the global energy transition. MSET, which […]
