May 23, 2016
BY Erin Krueger
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LanzaTech Global Inc., a carbon recycling company, on Jan. 22 announced the closing of the sale and issuance of shares of its common stock to a group of leading investors, including new investor, SiteGround, for gross proceeds of $20 million.
EcoCeres has officially launched its state-of-the-art renewable fuel facility in Pasir Gudang, Johor, Malaysia, marking a historic milestone as the country’s first sustainable aviation fuel (SAF) production plant.
The White House Office of Management and Budget on Jan. 23 concluded its review of a proposed rule to implement guidance for the 45Z clean fuel production credit, according to information posted to the agency’s website.
President Donald Trump on Jan. 23 signed an appropriations bill that includes language on biomass energy and sustainability. Explanatory statements published by Congress regarding the legislation included guidance on SREs and SAF.
The USDA’s Rural Business Cooperative Service on Jan. 14 sent a letter to agency staff implementing a 90-day administrative pause on the acceptance, processing and awarding of loan note guarantees for biodigester projects.