In New York, AIR COMPANY has raised $69 million in a Series B funding round to accelerate the development and commercialization of its sustainable aviation fuel, produced from captured carbon dioxide. Taking a board seat and leading the financing, Avfuel, a global supplier of aviation fuel, will provide fuel distribution, logistics, and environmental attribute administration. […]
In New York, Apollo Funds acquired a majority stake in Texas-based Freedom CNG, a leading provider of renewable natural gas and compressed natural gas fueling infrastructure. This acquisition aligns with Apollo’s strategy to accelerate the transition to low-carbon energy, focusing on RNG as a practical, sustainable alternative for the transportation sector, which accounts for over […]
In New York, Plug Power has secured a contract with H2DRIVEN, a project developed by Dourogás and CapWatt, to provide Technical Evaluation Phase (TEP) support for 25 megawatts (MW) of its Proton Exchange Membrane (PEM) Electrolyzers during the Front End Engineering Design (FEED) process for their green methanol project in Portugal. The TEP offering provides […]
In New York, Technavio reported that the global waste to energy market size is estimated to grow by $28.68 billion from 2024-2028. The report noted that the market is estimated to grow at a CAGR of over 7.51% during the forecast period. “The global waste to energy market is witnessing a significant growth due to […]
In New York, Plug Power has signed a contract to provide 25 MW of PEM electrolyzers for the H2DRIVEN project in Portugal, set to produce 80,000 tons of green methanol annually. The collaboration with Dourogás and CapWatt focuses on using biomass gasification and solar-powered electrolysis to generate methanol, targeting reduced carbon emissions in heavy industry. […]
In New York, First Ammonia has secured a significant boost in its efforts to revolutionize green ammonia production, announcing progress in its Series B funding round. With investments from global players, including Mercuria Holdings and the Tokyo-based Manies Group, the company aims to advance the development of its flagship facility in Victoria, Texas. The new […]
In New York, Opal Fuels announced South Jersey Industries and OPAL have begun construction on a renewable natural gas production facility at the Burlington County Resource Recovery Complex in Florence Township, New Jersey. This marks the second collaboration between the two companies to develop and operate RNG facilities. The facility, with an annual design capacity […]
In New York, designer Kim Jiwoo has responded to the Stanley Quencher/cup trend with a biobased thermoplastic version. Dubbed LINK, the mugs use cellulose cross-linked polymer made by adding plasticizer to cellulose sourced from wood waste. “LINK… tries to signify the connection between humans and trees on multiple levels,” according to Yanko Design. “Its handle […]
In New York, polyurethane fabrics company Ultrafabrics has introduced a biobased performance fabric for aviation interiors. Launched at May’s Aircraft Interiors Expo, the material “seamlessly integrates renewable plant-based materials” into a multi-layer construction, company execs recently told Business Jet Interiors International. AV Bio is made from wood-based Tencel Modal fibers manufactured by Austria’s Lenzing and […]
In New York, Nexus Development Capital, LLC (NDC), announced an investment of approximately $9 million in Castlerock Biofuels, a joint venture company led by Ensyn Corporation and Castlerock Green Energy (CGE). The company noted that this investment marks a substantial step forward in the development of renewable fuel production facilities in the United States. Castlerock […]
