In Norway, Sumitomo Corporation has invested in Inherit Carbon Solutions AS (Inherit), a Norwegian company that removes CO2 from the atmosphere through the biomethane production process. Inherit is a pioneer in biomass-derived (CO2 Removal) CDR, in which the CO2 emitted during the production process by biomethane producers is captured and permanently sequestrated in geological storage. […]
In North Carolina, Honeywell announced that Acelen Renewables has selected its Ecofining technology to help support the efficient production of a targeted 20,000 barrels per day of sustainable aviation fuel (SAF) and renewable diesel. The fuels will be processed at Acelen’s facility in Bahia, Brazil, from a blend of inedible seed and waste oils. With […]
In Ireland, Ryanair and Enilive, a company directly controlled by Eni which holds 100% of its share capital, announced on Monday that they have signed a Letter of Intent (LOI) for the long-term supply of Enilive sustainable aviation fuel (SAF) at selected Ryanair airports across Italy, further advancing the airline’s Pathway to Net Zero by […]
In France, Michelin, IFPEN and Axens inaugurated the first industrial-scale demonstrator of a plant producing bio-based butadiene in France, at Michelin’s site in Bassens near Bordeaux. The demonstrator was built within the framework of the BioButterfly project, involving the three partners, and supported by ADEME (French Agency for Environment and Energy Management) with the aim […]
In Italy, SQIM, formerly known as MOGU SRL, has successfully closed a €11 million funding round. Key investors such as CDP Venture Capital, ECBF VC, Kering Ventures, and Progress Tech Transfer have been contributing to the round, to support of SQIM’s technologies’ industrial growth, and consequently powering up its two business lines and brands – EPHEA™️ and MOGU™️. The funding round, led […]
In California, Aemetis, Inc. announced revenues from its first sale of California Low Carbon Fuel Standard (LCFS) credits generated by its subsidiary, Aemetis Biogas LLC. The environmental credits were sold in a single transaction to a market maker and the sale price has been paid in full. Aemetis Biogas produces renewable natural gas (RNG) from […]
In Sweden, Topsoe has signed a licensing and engineering agreement with Preem, Sweden’s largest fuel company, to produce Sustainable Aviation Fuel (SAF) and renewable diesel, using Topsoe’s HydroFlex technology. The demand for SAF is rapidly growing. According to the International Energy Agency’s Net Zero Scenario, over 10% of fuel consumption in aviation by 2030 needs to be SAF to stay on course for net zero […]
In France, the International Energy Agency in its most recent report on renewable energy says that in 2023, the role of biofuels has also come to the fore. Emerging economies, led by Brazil and India, are expected to drive 70% of global demand over the next five years as biofuels start to show their true […]
In Colorado, Carbon America has submitted a Class VI CO2 Injection Well permit application to the Environmental Protection Agency’s (EPA) Region 8 office to permanently store carbon dioxide produced by two ethanol plants in northeastern Colorado. The application was submitted on December 4th, 2023, made it through the completeness determination on January 7th, 2024, and […]
In Indonesia, the first commercial BioCNG/Biomethane factory in Indonesia, located at Bangkatan POM, Bangkatan Village, Kuala District, Langkat Regency, North Sumatra Province, was inaugurated Monday after going through a construction process for approximately a year and three months. This factory was built by PT KIS Biofuel Indonesia as part of a plan to build 25 […]
