November 28, 2023
BY Erin Voegele
Clean Energy Fuels Corp. on Feb. 27 released Q4 results, announcing that its RNG sales were up nearly 14% last year. RNG sales are also expected to increase in 2024 with several new dairy RNG projects scheduled to begin operations.
Vertex Energy Inc. released fourth quarter financial results on Feb. 28, reporting that the company’s renewable diesel production unit at its refinery in Mobile, Alabama, produced 3,786 barrels per day during the three-month period.
Southwest Airlines Co. has launched Southwest Airlines Renewable Ventures, a wholly-owned subsidiary dedicated to creating more opportunities to obtain scalable SAF. The carrier also announced a $30 million investment in LanzaJet Inc.
The price of compliance credits for biomass-based diesel and ethanol has decreased about 45% since the start of the year, when prices were already the lowest in about three years, according to the U.S. Energy Information Administration.
Yield10 Bioscience Inc. on Feb. 14 announced it has granted VISION Bioenergy Oilseeds LLC a global license to certain proprietary varieties of camelina sativa for the production of feedstock oil for biofuels.