March 31, 2020
BY Erin Krueger
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U.S. manufacturers produced approximately 900,000 tons of densified biomass fuel in November, according to the U.S. EIA’s Monthly Densified Biomass Fuels Report. Sales of densified biomass fuel reached 970,000 tons during the month.
The government of Queensland, Australia, has announced it will invest $25 million to support a project that will enable renewable diesel production at Ampol’s Lytton oil refinery. The project could expand in the future to include SAF production.
Ethanol Producer Magazine announced this week the six companies selected to pitch to a panel of angel investors and venture capital firms at the International Fuel Ethanol Workshop & Expo, taking place June 2-4 in St. Louis, Missouri.
OPAL Fuels announced that it has entered into a master agreement establishing a framework to monetize $100 million of Section 45Z Clean Fuel Production Tax Credits over the next several years. The first closing is anticipated to take place in Q2.
The USDA’s Research, Education, and Economics (REE) Mission Area on April 23 announced a reorganization and leadership restructuring to better align its work with USDA priorities, improve operational efficiency, and deliver results more effectively.