In Brazil, Reuters reports Raizen has announced a plan to restructuring $12.6 billion in debt in an out-of-court restructuring agreement that already has 47% of debt holders onboard. The company has 90 days to secure the agreement of the remaining debt holders. Without the restructuring deal, the world’s largest sugar producer is concerned about its […]
In Texas, the Justice Department’s Environment and Natural Resources Division (ENRD) announced a settlement with Chevron U.S.A. Inc. for violations of the Clean Air Act’s Renewable Fuel Standard (RFS) program. Under the agreement, Chevron will pay a civil penalty of just over $1 million and has retired credits worth about $3.6 million to remedy its […]
In Belgium, soon bio-methanol from Equinor will fuel ships that are bringing cars and machinery from points of production to markets. Wallenius Wilhelmsen is a market leader in roll‑on/roll‑off (RoRo) shipping and vehicle logistics and will use the bio‑methanol as bunker fuel for its upcoming dual‑fuel methanol vessels. Wallenius Wilhelmsen will receive the bio-methanol bunkers […]
In Texas, Ara Partners says Ara Energy is acquiring Gate City Power, Gate City Renewable Fuels, and an interest in the JET retail network for approximately $875 million. The transaction will be financed with equity from funds and co-investment vehicles managed by Ara and its affiliates. The acquisition advances Ara’s Energy strategy to commercially optimize […]
In the UK, Equilibrion and Rolls-Royce SMR have signed a Memorandum of Understanding to collaborate on a technical and economic assessment, to better understand the opportunity for nuclear powered Sustainable Aviation Fuel (SAF) using Small Modular Reactors (SMRs). The Rolls-Royce SMR is designed to provide clean, reliable cost-competitive energy through its ‘factory-built’ SMR technology. The […]
In Germany, Fabulose is an EU funded project coordinated by the German Institutes of Textile and Fiber Research (DITF). Its consortium consists of leading research institutes, biotech innovators, and industry stakeholders who aim to create high-performance, biobased and recyclable leather-like fabrics, using efficient biotech production routes for bacterial cellulose, cyanophycin and bacterial pigments Current leather […]
In the UK, Stargate Hydrogen recently announced a partnership with Seacht Group, marking its first partnership in the United Kingdom. The agreement is a key step in Stargate Hydrogen’s expansion into the UK and signals the start of its business development efforts in the region. The collaboration brings together Stargate Hydrogen, a European developer of ceramic-based electrolysis technology, and Seacht Group, a UK-based energy […]
In France, Plenitude and Methagora have signed an agreement covering the sourcing in France of 50 GWh of biomethane per year over a 15-year period, in line with the French legislation concerning the Biomethane Production Certificates (BPC) scheme. Under the agreement, Methagora will sell Plenitude biomethane sourced from a range of agricultural areas in France. […]
In New Jersey, RCM Thermal Kinetics, a division of RCM Technologies, has announced the successful completion of the first project under its NEXT (New Ethanol eXpansion Technology) engineering program, which was launched in early 2025. This inaugural project marks a historic milestone: a Midwestern ethanol facility originally designed for 40 million gallons per year (MMGY) […]
In India, Newtrace has raised $6.3M in a Pre-Series A fundraise, led by HDFC Bank Limited and Mitsui Sumitomo Insurance Group, with participation from Peak XV Partners, Aavishkaar Capital, Speciale Invest, and Micelio. Newtrace is developing high-performance electrode technology for alkaline electrolyzers to improve efficiency and lower the cost of green hydrogen production. Our proprietary […]
