July 11, 2014
BY Erin Voegele
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Aemetis Inc. closed the sale of $53 million of IRA investment tax credits generated by its subsidiary Aemetis Biogas LLC to a corporate purchaser on Sept. 29, 2023. The Section 48 investment tax credits were generated from biogas projects.
The U.S. Department of Energy on Sept. 28 announced it is awarding $1.44 million to support a biomass-fueled district heating project under development by the Fond du Lac Band of Lake Superior Chippewa in Cloquet, Minnesota.
Xcel Energy—Colorado on Sept. 19 announced plans to develop a new 19 megawatt (MW) biomass power plant as part of its Clean Energy Plan, which outlines plans to invest $15 billion across the state to double the supply of renewable energy.
The Surface Transportation Board on Sept. 26 announced that it intends to renew the charter of the Rail Energy Transportation Advisory Committee, which provides guidance on the rail transport of energy resources, including biofuels.
Drax has announced the appointment of Miguel Veiga-Pestana to the new executive committee role of chief sustainability officer, reporting into Drax Group CEO Will Gardiner. Veiga-Pestana is a seasoned leader of strategic sustainability.