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DOE opens funding opportunity to support Co-Optima initiative

August 4, 2016

BY Erin Voegele

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New assessment shows value of soybean oil as low-carbon feedstock for clean fuels

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By Clean Fuels Alliance America

11 hours ago

Advanced BiofuelsSustainable Aviation FuelsFeedstocks

A recent life cycle assessment highlights a notable 22% decrease in the carbon footprint associated with U.S. production of crude soy oil, which is a key feedstock for U.S. biodiesel, renewable diesel and SAF producers.

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Sugar Valley Energy, a new 160-acre bioenergy campus planned in California’s Imperial Valley has added New York-based TerraNova Capital Equities, Inc. to its finance team to lead marketing and placement of equity capital for the $1 billion project.

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Sens. Sherrod Brown, D-Ohio, and Pete Ricketts, R-Neb., have introduced the Renewable Fuel for Ocean-Going Vessels Act, which aims to ensure that RINs generated for renewable fuel used by ocean-going vessels would be eligible for RFS compliance.

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The U.S. Department of Energy and the U.S. EPA on Feb. 22 released a funding opportunity announcement (FOA), entitled, “Inflation Reduction Act Funding for Advanced Biofuels,” for up to $9.4 million for the development of advanced biofuels.

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Aemetis Inc., an RNG and renewable fuels company focused on negative carbon intensity products, has announced an updated five-year plan that projects the company will generate $1.95 billion in revenues and $645 million of adjusted EBITDA in 2028.

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