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ABFA calls on EPA to recognize advance biofuels in RVO proposal

February 21, 2022

BY Advanced Biofuels Association

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Aemetis receives $22.4 million from sale of Section 45Z clean fuel production tax credits

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By Aemetis Inc.

an hour ago

Biogas Business Advanced Biofuels 

Aemetis Inc. on Sept. 28 announced that it has received $22.4 million from the sale of Section 45Z clean fuel production tax credits that were generated from ethanol and renewable natural gas (RNG) production in 2026.

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Verbio on Sept. 24 announced the company produced a record 1.218 million metric tons of liquid biofuels and 1,410 gigawatt hours (GWh) of biomethane during the company’s fiscal year (FY) 2025-‘26, which ended June 30.

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XCF Global Inc. on Sept. 25 announced August revenue from the sale of renewable diesel of more than $10 million from the shipment of 1.3 million gallons from XCF's New Rise Renewables Reno facility in Nevada.

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OMV Petrom, the largest integrated energy producer in Southeastern Europe, is advancing the construction of the new sustainable fuels production unit at Petrobrazi. The project is expected to begin commissioning in 2028.

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Praj Industries and Gevo Inc. have signed a development and commercialization agreement for bio-isobutanol (Bio-IBA) technology in India, reinforcing their long-standing association to advance sustainable low-carbon fuel solutions.

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