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Summit Carbon Solutions completes $1 billion equity raise

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By Summit Carbon Solutions

May 13, 2022

Business Coproducts 

Summit Carbon Solutions, the deveoper of a large scale CCS project in the Midwest, on May 11 announced the successful completion of its equity fundraising efforts, which have resulted in over $1 billion in total equity commitments.

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HZI, WTE announce RNG project in Colorado

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By Hitachi Zosen Inova USA LLC

May 13, 2022

Officials with WTE LLC and Hitachi Zosen Inova USA LLC announced the construction of an RNG facility that will generate approximately 120,000 MMBTUs of this negative carbon fuel from a Colorado dairy.

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Phillips 66 made a final investment decision on May 11 to move forward with Rodeo Renewed, the project to convert its San Francisco Refinery in Rodeo, California, into one of the world's largest renewable fuels facilities.

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As a follow-up visit from a 2019 mission, the U.S. Grains Council recently returned to Nigeria and Ghana to continue sharing the benefits of ethanol use and encouraging the adoption of future fuel ethanol policies.

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Green Rock partners with Bio Town Biogas

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By Green Rock Energy Partners LLC,

May 12, 2022

Green Rock Energy Partners LLC on May 12 announced it has acquired a stake in Bio Town Biogas LLC, a producer of renewable power that is expanding into renewable natural gas, in partnership with Bio Town Ag (BTA) and lenders.

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The National Business Aviation Association and nearly 80 stakeholders sent a letter to Congressional leaders on April 22 advocating for passage of the Sustainable Skies Act, which would create a blender's tax credit for sustainable aviation fuel.

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The USDA predicts that 2022-'23 corn use in ethanol will be flat with 2021-'22 in its latest World Agricultural Supply and Demand Estimates report, released May 12. Corn production is expected to be down, with prices up significantly.

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Brazil-based energy company Raizen announced on May 11 that its board has approved plans to invest R$2 billion ($389.8 million) in the development of two cellulosic ethanol plants that will be located in São Paul.

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Carbon America announced on May 12 agreements with Sterling Ethanol LLC and Yuma Ethanol LLC to develop CCS projects at two Colorado ethanol production facilities. Carbon America will finace, build, own and operate the CCS systems.

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The USDA predicts that soybean oil use in biofuel production for 2022-'23 will be up in its latest World Agricultural Supply and Demand Estimates report, released May 12. Soybean oil prices are expected to be down slightly.

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The National Business Aviation Association and nearly 80 stakeholders sent a letter to Congressional leaders on April 22 advocating for passage of the Sustainable Skies Act, which would create a blender's tax credit for sustainable aviation fuel.

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The USDA on May 10 announced it received more than 450 proposals for large-scale projects under its new Partnerships for Climate-Smart Commodities program. The agency is accepting proposals for smaller-scale projects through June 10.

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The USDA on May 10 announced it received more than 450 proposals for large-scale projects under its new Partnerships for Climate-Smart Commodities program. The agency is accepting proposals for smaller-scale projects through June 10.

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U.S. fuel ethanol production expanded by more than 2 percent the week ending May 6, according to data released by the U.S. Energy Information Administration on May 11. Stocks were up more than 1 percent for the week.

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U.S. Gain has announced a new offtake agreement with EnTech Solutions at their agricultural biodigester near Madison, Wisconsin. This project is a partnership between EnTech Solutions, Northern Biogas, and four local Dane County dairy farms.

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The U.S. EPA on May 9 opened a 15-day public comment period on the pool of 20 candidates who have been selected to serve on an external expert panel to peer review the EPA's third triennial report to Congress on biofuels and the environment.

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Parkland Corp. announced plans to increase renewable fuel production at its Burnaby Refinery in British Columbia. The company will expand existing coprocessing volumes and build a stand-alone renewable diesel complex.

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The U.S. EPA on May 9 opened a 15-day public comment period on the pool of 20 candidates who have been selected to serve on an external expert panel to peer review the EPA's third triennial report to Congress on biofuels and the environment.

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The HoSt Group has entered the U.S. market with three new biogas projects at dairy farms in upstate New York and in Ohio. The projects are being developed in close cooperation with SJI Renewable Energy Ventures and Rev LNG.

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As the nation grapples with skyrocketing gas prices, the Low Carbon Fuels Coalition has released a new study that conclusively determined that California drivers are saving money by using clean fuels induced under the Low Carbon Fuel Standard.

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Officials at Gevo Inc. discussed progress with the development of the company's renewable natural gas (RNG) project in Iowa and the proposed Net-Zero 1 refinery under development in South Dakota during a first quarter earnings call, held May 9.

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Officials at Gevo Inc. discussed progress with the development of the company's renewable natural gas (RNG) project in Iowa and the proposed Net-Zero 1 refinery under development in South Dakota during a first quarter earnings call, held May 9.

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Novozymes on May 10 celebrated the 10th anniversary of its biotech manufacturing plant in Blair, Nebraska, with an event attended by Gov. Ricketts and local officials, and enjoyed by employees, customers, and supporters.

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The government of the Netherlands in late April signaled its intent to support the use of biomass for certain high-value applications, including the production of some biofuels and high-temperature heat, but phase out support for lower value uses.

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Southern California Gas Co. has renewed a program to supply RNG to all 32 of the company's fueling stations, along with six in the San Diego area, signing three-year contracts with suppliers U.S. Gain and Element Markets as demand continues to grow.

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Renewable energy pioneer Drax has partnered with the University of Nottingham and Promethean Particles to trial a pioneering new bioenergy with carbon capture and storage (BECCS) process at its North Yorkshire power station.

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Alto Ingredients Inc. released Q1 2022 financial results on May 9, reporting positive gross margin and adjusted EBITDA for the three-month period. Mike Kandris, CEO of Alto, credited the company's diversification efforts in achieving those results.

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The EIA maintained its forecast for 2022 fuel ethanol production in its latest Short-Term Energy Outlook, released May 10. The outlook for 2023 production was reduced, while ethanol blending forecasts for both years were maintained.

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Renewables are currently expected to account for 22 percent of U.S. electricity generation this year and 23 percent in 2023, according to the U.S. Energy Information Administration's latest Short-Term Energy Outlook, released May 10.

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Navigator CO2 Ventures LLC announced on May 10 a long-term agreement to connect Big River's biorefineries in West Burlington, Iowa; Dyersville, Iowa; and Galva, Illinois, to Navigator's Heartland Greenway CCUS system.

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