In Ohio, Synthica Energy has closed on a large equity investment from the Infrastructure Business within Goldman Sachs Asset Management (Goldman Sachs). Financial terms of the deal were not disclosed. The new capital will help grow Synthica’s infrastructure projects and accelerate the development of its facilities in key target markets across the country, including Ohio, […]
In Iowa, Summit Carbon Solutions has secured 80% of voluntary easements for its pipeline route in North Dakota and continues to negotiate with additional landowners every day. At the same time, the company is responding to the decision of the North Dakota Public Service Commission. Summit Carbon Solutions hears the Commission, including concerns with respect […]
In India, Energetica reports Gruner Renewable Energy has signed an MOU with Bioenergy Germany to establish the country’s first bio-CNG plants using Napier grass as feedstock. Together the companies have agreed to establish 100 such plants with the first one set to be completed in Maharashtra in November, owned by APSS Bio Energy. The world’s […]
In Sweden, Ship & Bunker report ScanOcean and Neste have expanded their collaboration to include a new co-processed DMA MGO bunker fuel that reduces GHG emissions by 80% compared to purely fossil fuel DMA MGO. The fossil based MGO costs $943 per metric ton while the fuel co-processed with Neste’s bio component costs around $1,700 […]
In Brazil, Bloomberg reports Stellantis plans to launch its hybrid ethanol cars in Brazil next year. The company has three hybrid prototype vehicles and one electric pure-play and expects 60% of sales to be from biofuel hybrid vehicles by 2030. Flex-fuel cars are the vast majority of vehicles sales with EVs and electric hybrid cars […]
In the UK, Insider reports Diageo has begun an HVO trial with Malcolm Logistics fueling 11 trucks running up to 100 loads daily between now and October from the company’s largest packaging plant globally in Leven. In addition to an expected reduction of 171 metric tons of CO2 during the trial period, the test will […]
In Canada, Miawpukek Horizon Maritime Services and green energy developer, EverWind Fuels have signed a Memorandum of Understanding to collaborate on the development of a green fuel transshipment corridor between EverWind’s clean hydrogen and ammonia project proposed for the Burin Peninsula of Newfoundland and Labrador and its Point Tupper transshipment facility in Cape Breton, Nova […]
In the UK, enfinium has signed a Memorandum of Understanding (MoU) with Eni UK, the UK subsidiary of global energy company Eni S.p.A, to support the development of carbon capture and storage (CCS) at its Parc Adfer facility in North Wales. Eni UK is the developer and the operator of the carbon dioxide (CO2) transport […]
In The Netherlands, the Port of Rotterdam said that OCI Global and X-Press Feeders have signed an agreement to supply the latter’s new vessels with green methanol in Rotterdam. The first vessel from X-Press Feeders, a dual-fuelled hybrid vessel, is expected to arrive in Rotterdam during the second quarter of 2024. X-Press Feeders has a […]
In Delaware, a report by Future Market Insights Global and Consulting stated that the global ethanol market is projected to reach $178.78 billion by 2033 after experiencing a CAGR of 4.6% from 2023 to 2033. The ethanol industry had experienced a CAGR of 3.9% during the 2018-2022 period “The main ethanol manufacturers are expected to […]
