December 2, 2014
BY Erin Krueger
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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.
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.
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.
Quebec has set a goal to more than double its bioenergy production by 2050 as part of the province’s new Integrated Energy Resource Management Plan, which was released by Quebec’s Ministry of Economy, Innovation and Energy on June 30.
Rep. Kevin Kiley, I-Calif., on July 16 introduced the Biomass Facility Construction Act. The legislation aims to create a tax credit to incentivize the development of new biomass energy facilities to support wildfire mitigation efforts.