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Covanta reports on Q2 earnings, acquisitions, project activity

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By Anna Simet

July 28, 2015

Power 

Covanta Energy reported strong operational performance in its core business, achieved record quarterly special waste revenue, and provided several updates on acquisition and commissioning activities during its Q2 2015 earnings call.

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As August approaches, values in the DDGS market have rebounded a bit. Chinese cargoes, which last month looked to be a lot more at risk of getting executed, either did get shipped, or got rolled to a deferred month.

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Ethanol futures posted a strong 20-cent-per-gallon price retraction in the last half of July, following aggressive pressure in corn prices and most outside markets. As of July 27, RBOB gasoline futures had fallen over 30 cents from season highs.

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DuPont has released second quarter financial results, reporting an 11 percent drop in sales and a slight increase in earnings per share. The company also noted its cellulosic refinery in Iowa is now mechanically complete.

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On July 28, Drax Group plc released its half-year results for the six months ended June 30, delivering Europe's largest decarbonization project, on time and on budget, while also producing 8 percent of the U.K.'s electricity.

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MassCEC awards $1.1 million to biogas projects

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By Massachusetts Clean Energy Center

July 28, 2015

The Massachusetts Clean Energy Center recently announced $1.1 million in funding for three anaerobic digestion projects across Massachusetts that will convert organic materials into energy. The projects are located in Bourne, Freetown and Hadley.

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Syngenta recently released its half-year results, reporting sales of $7.6 billion, up 3 percent at constant exchange rates. Second quarter sales increased 7 percent. EBITDA was $2 billion, up 21 percent at constant exchange rates.

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A3 Water Solutions GmbH, a subsidiary of EnviTec Biogas AG, has just developed an innovative and environmentally friendly membrane bioreactor process in conjunction with EnviClear that purifies contaminated surface waters for biogas plant operators.

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Fuel log, puck and briquette production equipment manufacturers are expanding customers' feedstock options and extending their market reach.

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A U.S. Grains Council mission including U.S. environmental and public health specialists recently traveled to China to discuss how air and water quality in that country could be improved through the use of ethanol in the country's fuel.

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The Regie de l'energie du Quebec has authorized Gaz Metro to purchase renewable natural gas (RNG) produced by the city of Saint-Hyacinthe and build the infrastructure required to connect the output to its distribution network.

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In June, World Bioenergy Association launched a factsheet on thermochemical gasification biomass, the eighth in a series of publications. The factsheet overviews the technology, basics of gasification, feedstock and current global use.

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DuPont has released second quarter financial results, reporting an 11 percent drop in sales and a slight increase in earnings per share. The company also noted its cellulosic refinery in Iowa is now mechanically complete.

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Enel Green Power has brought online the world's first biomass plant used to heat geothermal steam at the Cornia 2 geothermal power plant, which is located in Castelnuovo Val di Cecina in Tuscany, Italy.

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Greenleaf Power recently announced that it has finalized the purchase of the Plainfield Renewable Energy Plant located in Plainfield, Connecticut, from Leidos Inc., which has owned and operated the 37.5 MW plant since it became operational in 2013.

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July 27 is the final day members of the public can weigh in on the U.S. EPA's recently released renewable fuel standard (RFS) proposal. As the comment period comes to a close, supporters of the biofuel industry are actively making their voices heard.

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On July 23, Republic Services Inc. released financial results for the second quarter of 2015, reporting a net income of $190.3 million, or 54 cents per share, compared to $179 million, or 50 cents per share, for the comparable period in 2014.

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AWWRA, a nonprofit association established in 2012, promotes sustainable, environmentally and economically sound, closed-loop wood waste recycling practices and reuse initiatives through its industry membership and resource tools.

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Brazilian President Dilma Rousseff launched Iogen Energy's cellulosic ethanol technology at the official opening of Raizen's newly expanded Costa Pinto sugar cane mill in Piracicaba, Sao Paulo, Brazil on July 22.

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Brazilian President Dilma Rousseff launched Iogen Energy's cellulosic ethanol technology at the official opening of Raizen's newly expanded Costa Pinto sugar cane mill in Piracicaba, Sao Paulo, Brazil on July 22.

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July 27 is the final day members of the public can weigh in on the U.S. EPA's recently released renewable fuel standard (RFS) proposal. As the comment period comes to a close, supporters of the biofuel industry are actively making their voices heard.

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Watching Wood Dry

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By Keith Loria

July 26, 2015

Adequately drying wood chip fuel is an important component of maximizing heat and power production, and techniques vary widely.

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Public Policy Helps, Hinders Projects

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By Amanda Bilek

July 25, 2015

Project investors and developers in Minnesota and around the country will continue to utilize state and federal programs and other public policies to put project pieces together to build new technology and bring low-carbon cellulosic fuels to market.

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New Holland Agriculture is supplying equipment to the State University of New York that will aid in U.S. Department of Energy-funded research focused on finding ways to reduce the cost of delivering biomass for refinement.

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A press conference was held at the 65 MMgy Dakota Spirit AgEnergy ethanol plant in North Dakota, marking the facility reaching its full commercialization phase. It's the first corn-ethanol plant to be built in the U.S. in more than five years.

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Optimizing gas collection at landfills is the core component of Loci Controls' new technology.

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An update of the proposed wood-to-energy (WTE) checkoff program was provided at the 2015 Pellet Fuels Institute conference in Williamsburg, Virginia. The concept is under review by industry, and a draft is expected late this year or early 2016.

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The Federal Energy Regulatory Commission's Office of Energy Projects has released the June edition of its Energy Infrastructure Update, reporting the U.S. added 128 MW of installed biomass capacity during the first half of this year.

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RFA: Motorcyclists celebrate 75 years at Sturgis

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By Renewable Fuels Association

July 24, 2015

The Renewable Fuels Association will once again partner with the Buffalo Chip Campground to host the 75th annual Sturgis Motorcycle Rally, which is set to take place Aug. 3-9 in Sturgis, South Dakota.

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Greenlane Biogas has partnered with China Agricultural University to install a biogas upgrading system to facilitate research in the generation of renewable natural gas. The plant is located at CAU's National RNG Demonstration Park in Zhuozhou.

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