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A Collaborative Approach to Handling, Storing Biocoal

SOURCE: ADVANCED TORREFACTION SYSTEMS, HM3 ENERGY

October 30, 2023

BY Thomas P. Causer and Hiroshi Morihara

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HF Sinclair reports improved earnings for renewables segment

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By Erin Krueger

July 28, 2026

Advanced Biofuels Business Operations 

HF Sinclair Corp. on July 28 reported strong second quarter results for its renewable segment with high margins supported by improved renewable identification number (RIN) prices. Renewable products sales volumes were also up for the quarter.

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Neste reported record results for the second quarter of 2026. EBITDA for the renewable products segment reached an all-time high, supported by a record high sales margin and sales volumes exceeding 1 million metric tons.

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XCF Global Inc. on July 23 announced that it has entered into a joint commercialization and development agreement with Continual Renewable Ventures Pty Ltd and New Rise Australia Pty Ltd. for a proposed biorefinery project in Australia.

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Japan-based Renova Inc. on July 21 announced operations have been temporarily suspended at its 74.8-megawatt (MW) Tokushima Tsuda Biomass Power Plant for repair work. The facility is expected to resume operations soon.

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Ag-Grid Energy LLC has acquired the Waunakee, Wisconsin, anaerobic digester facility, a pioneering renewable energy and nutrient management project developed 15 years ago. The facility has been renamed Demeter Ag-Grid.

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