In the UK, bp said it has expanded its investment in bioenergy as bp ventures invested $10 million in WasteFuel, a California-based biofuels company that will use scalable technologies to convert biobased municipal and agricultural waste into lower carbon fuels. “WasteFuel projects will look to help with the growing volumes of global waste, whilst advancing […]
In Finland, Neste said it is partnering with Biofuel Express to sell Neste MY renewable diesel in Denmark. Under the terms of the deal, Biofuel Express will distribute and sell Neste MY renewable diesel, while Neste will ensure sufficient volumes of the fuel. Neste MY renewable diesel has been available in the Danish market since […]
In Denmark, Ørsted and ESVAGT have signed an agreement for a sister vessel to the world’s first methanol-powered service operation vessel, which was announced in 2022. The SOV will be ready for launch in 2026, where it will operate out of Ørsted’s UK East Coast Hub on a 10-year contract. The new SOV will be […]
In Pennsylvania, Xtellar said it has launched a flexible biobased EVA pellets for large-format 3D printing The firm said that EVA is a clear, hygroscopic, amorphous elastomeric material that in the Xtellar formulation is biobased, sourced from sustainable raw sugar cane feedstock. “Bringing a wider variety of sustainable material options to 3D printing is one […]
In India, Mint reported that the Indian government launched a new sugar-ethanol portal with the aim of boosting renewable energy in the country. The portal aims to enhance the production and utilization of ethanol derived from sugarcane in India. The portal will serve as a comprehensive platform for stakeholders in the sugar and ethanol industries, […]
In Germany, Reuters reported that German biofuel producer CropEnergies recorded a drop in first-quarter core profit, hit by softer ethanol prices and lower production due to maintenance shutdowns. The company’s Ebitda fell 74% to $27.2 million in the second quarter, compared to the same period last year. CropEnergies, which makes ethanol and animal feed from […]
In Denmark, European Energy said it has partnered with Mitsui & Co., Ltd., who will acquire a minority stake in European Energy’s solar park and e-methanol production facility Kassø in the municipality of Aabenraa, Denmark. Mitsui will acquire 49% of the 304 MW Solar plant in Kassø and the connected e-methanol facility from European Energy. […]
In India, Indian Oil Corporation Limited (IndianOil) and Praj Industries Limited (Praj) signed a term sheet to advance plans to strengthen biofuels production capacities in India. Various biofuels covered under this MoU include Sustainable Aviation Fuel (SAF), ethanol, compressed biogas (CBG), biodiesel and bio-bitumen among others. Earlier in October 2021, both the companies had entered into an agreement to form a 50:50 Joint Venture to this end. Biofuels […]
In South Korea, Tallgrass and Korea Western Power (“KOWEPO”) announced a cooperation agreement for development of gigawatt scale green hydrogen and ammonia production. The scope of the cooperation agreement includes a comprehensive feasibility study for green hydrogen production a process that makes hydrogen from renewable energy and electrolysis. This announcement builds on a previous memorandum of […]
In California, bp expanded its investment in bioenergy as bp ventures committed $10 million, leading the Series B investment round, in WasteFuel, a California-based biofuels company that will use proven, scalable technologies to convert bio-based municipal and agricultural waste into lower carbon fuels, such as bio-methanol. WasteFuel plans to develop multiple bio-methanol plants around the […]
