In California, Aemetis, Inc. announced the receipt of $11 million, after transaction costs, from the sale of $13.5 million of Inflation Reduction Act (IRA) investment tax credits generated by a solar electricity generation project at the Keyes ethanol plant and two dairy biogas digesters built as Aemetis Biogas projects. Aemetis has also entered into an […]
In California, Aemetis announced that the Universal Biofuels subsidiary of Aemetis in India successfully completed delivery of $103 million of biodiesel to the three government-owned Oil Marketing Companies (OMCs) under cost-plus supply agreements for the one-year marketing period ending September 30, 2024. Aemetis recently received an initial $58 million of new allocations from OMCs for […]
In California, Aemetis, Inc. announced strong support for the updated Low Carbon Fuel Standard proposal and strongly urges its adoption by the California Air Resources Board at its meeting on November 8, 2024. “CARB has shown that the LCFS is a highly effective program to reduce greenhouse gas emissions and improve air quality in California,” […]
In California, Aemetis announced that the installation of a $12 million, 3 megawatt solar microgrid with battery storage and an AI energy management system has been completed at the Keyes ethanol plant. TotalEnergies was the project developer who provided the PV solar technology, and also built and commissioned the system. Schneider Electric provided the electrical […]
In California, Aemetis, Inc announced the acquisition of exclusive rights LanzaTech’s patented technology for the conversion of agricultural waste, forest waste, dairy waste and construction and demolition waste (CDW) to ethanol in California. The LanzaTech gas-to-ethanol technology enables Aemetis to convert these local California biomass wastes to advanced ethanol. Aemetis is the first licensee of […]
In California, Aemetis, Inc. has received an allocation of $10.5 million of Inflation Reduction Act (IRA) tax credits by the U.S. Department of Energy (DOE) and the Internal Revenue Service (IRS) under the first phase of IRA Section 48C awards. The Aemetis Five Year Plan projects that Aemetis will receive a total of $450 million […]
In California, Aemetis, Inc. announced approval by U.S. Citizenship and Immigration Services (USCIS) of $200 million of EB-5 program investment for the Riverbank sustainable aviation fuel (SAF) production plant, the dairy renewable natural gas (RNG) project, the carbon sequestration project, and energy efficiency upgrades to the Keyes ethanol plant. The Riverbank plant was recently granted Authority to Construct (ATC) air permits and is designed […]
In California, Aemetis, Inc. announced receipt of the Authority to Construct (ATC) air permits for its planned sustainable aviation fuel (SAF) and renewable diesel (RD) production plant in Riverbank, California. The plant is designed to produce 90 million gallons per year when allocating 50% to SAF and 50% to renewable diesel production, and 78 million […]
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 California, Aemetis, Inc. announced that the Stanislaus County Board of Supervisors, upon a 4 to 0 vote, approved the California Environmental Quality Act (CEQA) analysis for Aemetis Biogas LLC to extend its biogas pipeline by an additional 24 miles using the public right of way. The pipeline transports biogas from dairy digesters to a […]
