
SOURCE: U.S. Department of Energy
August 28, 2024
BY Erin Voegele
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Valero Energy Corp. on Jan. 29 released fourth quarter 2025 financing results, reporting a profitable three-month period for its ethanol segment and Diamond Green Diesel joint venture, which produces renewable diesel and SAF.
Takuma Corp. on Jan. 22 announced Yonezawa Bioenergy LLC’s 7.1-megawatt (MW) biomass power plant in Yonezawa City, Yamagata Prefecture, Japan is now operational. Yonenawa is a joint venture between Takuma and Iwahori Construction Co. Ltd.
SAF producer XCF Global Inc. and DevvStream Corp., a caron management and environmental asset monetization firm, on Jan. 26 announced that they have agreed to a binding term sheet to combine Southern Energy Renewables Inc. in a three-party merger.
CVR Energy Inc. on Jan. 26 confirmed the reversion of the renewable diesel unit at its Wynnewood refinery back to hydrocarbon processing was completed in December. The facility is expected to retain the ability to produce renewables in the future.
Drax Group plc on Jan. 26 announced the launch of its Biomass Tracker, a new digital tool that provides greater visibility into the journey our woody biomass takes through the company’s global supply chain.