In the UK, the Business Desk reports EV3 has teamed with Think Hire to supply a 90% carbon reduction energy solution for off-grid construction projects through its HVO-fueled “solartainer”. Many construction sites require 24-hour energy access which limited the efficacy of purely solar units or solar units combined with batteries and diesel gensets. The inclusion […]
In Brazil, Reuters reports that Cosan and Shell have appointed Banco BTG Pactual SA, Bank of America, Citi and Credit Suisse AG to support the IPO of Raizen as soon as June or July on the B3 exchange that could raise up to $2.25 billion. Such an IPO would bring the company’s evaluation to around […]
In Japan, Mitsubishi Chemical Corporation is planning to shut down its synthetic ethanol production facilities at the Mie Plant (Yokkaichi, Mie Prefecture) and terminate the production and sales of synthetic ethanol by February 2022. In addition, it has received a contract from Japan Alcohol Trading Co., Ltd. to carry out the distillation of fermented ethanol […]
In Minnesota, CHS announced it had taken steps to make E15 fuels more accessible to the company’s Cenex branded retail locations by registering with the U.S. Environmental Protection Agency (EPA) as an E15 manufacturer. Now, CHS will continue to expand access to higher ethanol blends by offering E15 through 10 additional fuel terminals starting in April […]
In Germany, ExxonMobil and Porsche are testing advanced biofuels and renewable, lower-carbon eFuels, as part of a new agreement to find pathways toward potential future consumer adoption. The first iteration of Esso Renewable Racing Fuel is a blend of primarily advanced biofuels and is specially formulated by ExxonMobil’s in-house team of scientists and engineers. Analysis […]
In Switzerland, Gunvor Group has announced commitments in the areas of environment, social, and governance (ESG) targeting a 40% reduction in the company’s Scope 1 and 2 emissions by 2025. The commitments come as a part of Gunvor’s Sustainability Commitments 2021 document, which outlines how the company is navigating the Energy Transition. Gunvor Group has […]
In Argentina, El Litoral newspaper reports that data from IES Consultores shows that biodiesel exports totaled $144.3 million in the first two months of 2021, which represented a year-on-year increase of 174.4%, reaching 148,000 metric tons. January biodiesel production fell 73.3% on the year 28,100 tons, a year-on-year decrease of 73.3%, while the production of […]
In Spain, Repsol is responding to the Spanish government’s calls for expressions of interest with a portfolio of 30 projects, amounting to a total investment of €5.959 billion and “combining technology, decarbonization, and the circular economy with job creation and geographical balance.” This portfolio includes proposals for eight renewable hydrogen projects, nine focused on the […]
In the UK, CNH Industrial N.V. has completed the acquisition of a minority stake in Bennamann Ltd., a UK based, fast growing agricultural technology company in the field of clean energy. This acquisition will see CNH Industrial become Bennamann’s exclusive strategic agricultural technology partner. Bennamann is actively demonstrating how an innovative new approach to energy […]
In China, Volvo Cars’ manufacturing plant in Daqing, China is now powered by 100 per cent climate neutral electricity and follows in the footsteps of the company’s other large Chinese manufacturing plant in Chengdu, which reached the same milestone last year. Going forward, the Daqing plant in Heilongjiang province will be powered by electricity generated […]
