Virentis Advisors announced on Feb. 25 its clients have recently completed bioenergy ITC transfer transactions totaling over $68 million. The company anticipates 2025 will be another robust year in the bioenergy industry.
The U.S. strongly objects to a recommendation on “sustainable” aviation fuels focused on multi-cropping made during the 13th triennial meeting of the ICAO Committee on Aviation Environmental Protection.
Biomass Magazine has announced the six companies selected to pitch to a group of angel investors and venture capital firms at the International Biomass Conference & Expo, taking place March 18-20, 2025, in Atlanta, Georgia.
Calumet Inc. released Q4 financial results on Feb. 28. During an earnings call, company officials discussed operations at its Montana Renewables facility, changing market dynamics for biobased-based diesel, and the company’s MaxSAF initiative.
U.S. operable biofuels capacity held steady in December, with no changes for ethanol, biodiesel or renewable diesel, according to data released by the U.S. EIA on Feb. 28. Feedstock consumption was up slightly from the previous month.
CARB on Feb. 26 released an updated market notice that outlines its plans for addressing regulatory clarity issues identified by the OAL that have delayed implementation of the LCFS amendments approved by CARB last year.
The American Biogas Council on March 3 announced the launch of its Biogas Carbon Accounting Tool (Biogas CAT), a groundbreaking tool to count the full lifecycle emissions of biogas projects that was prepared by EcoEngineers.
Comstock Inc. on Feb. 28 announced a new $14 million investment and strategic collaboration with Marathon Petroleum Corp. to advance its lignocellulosic biomass refining solutions to commercial maturity.
Aemetis Inc. has announced the receipt of $6 million of cash, after transaction costs, from the sale of $7.7 million of IRA investment tax credits generated by the construction of dairy biogas digesters by its Aemetis Biogas subsidiary.
Clean Energy Fuels Corp. released fourth quarter financial results on Feb. 24, reporting the company sold 62 million gallons of RNG during the quarter, up 8.8% when compared to the same period of 2023.
Haffner Energy on Feb. 26 announced the commencement of hydrogen production utilizing its proprietary solid biomass thermolysis technology at its Marolles hydrogen production, testing, and training center.
OPAL Fuels Inc. announced on Feb. 25 the acquisition of the Western Milling fueling station in Visalia, California. OPAL will upgrade the station and sell to Western Milling’s transportation business, OHK Transport, and other local shippers.
A planned sustainable aviation fuels (SAF) production facility being developed by SkyNRG Americas in Walla Walla, Washington, has been awarded a new $1.5 million grant from the Washington State Department of Commerce.
Neste MY Renewable Diesel has helped fuel Rio Tinto’s Pilbara iron ore operations for the first time, with the completion of a successful trial of biofuel across its network of Western Australian ports, railways and mines.
The Singapore Airlines Group has signed a memorandum of understanding (MoU) to potentially source neat SAF from Aether Fuels, a climate technology firm that plans to set up SAF production plants in the U.S. and South East Asia.
XCF Global Capital Inc. on Feb. 24 announced that New Rise Renewables LLC has commenced production of neat SAF. The company has also entered into an irrevocable corporate purchase order for the sale of more than 3 million gallons of SAF.
Air Products on Feb. 24 announced its has terminated its agreement with World Energy for the sustainable aviation fuel (SAF) expansion project in Paramount, California. According to World Energy, current operations at the Paramount facility are not affected.
LoCI Controls on Feb. 20 announced results from its methane capture project at an Iowa landfill. Between 2021 and 2023, the project successfully captured and destroyed methane emissions with approximately 229,000 metric tons of CO2e.
LanzaJet on Feb. 24 announced that Cosmo Oil Co. Ltd. has been selected for a FY2024 subsidy from Japan's Ministry of Economy, Trade and Industry to support a project developed with Mitsui & Co. that will plan to utilize LanzaJet technology.
Renewable energy company Drax has announced an enhanced approach to deliver on its global sustainability targets and to enhance the way it manages its impact on the climate, nature and people.
Anaergia Inc. announced that its subsidiary, Anaergia Singapore Pte Ltd., entered into a letter of intent (LOI) to supply technology and equipment to JGC Holdings Corp. for a renewable natural gas (RNG) project.
px Group, the operator of several critical infrastructure sites in the U.K. and Europe, has announced it has secured an operations and maintenance (O&M) contract for the Tees Renewable Energy Plant (Tees REP).
Nippon Paper Industries Co. Ltd., Sumitomo Corp., and Green Earth Institute Co. Ltd. have announced plans to form a JV, Morisora Bio Refinery LLC, which will focus on the production and sale of ethanol and chemicals from woody biomass.
More than 1.76 billion renewable identification numbers (RINs) were generated under the Renewable Fuel Standard in January, down from 1.91 billion generated during the same period of 2024, according to data released by the U.S. EPA on Feb. 20.
The U.S. EPA on Feb. 20 released updated small refinery exemption (SRE) data showing that 13 previously denied SRE petitions for Renewable Fuel Standard compliance years 2021 and 2022 are being reconsidered. No new SRE petitions were filed.
GreenGasUSA and Darling Ingredients Inc. on Feb. 18 announced the first RNG deliveries from a project located at Darling Ingredients’ rendering facility in Dublin, Georgia. This is the first RNG project to come online between the two companies.
Sam Wade, vice president of public policy for RNG Coalition, is confident that CARB will swiftly address OAL’s concerns regarding recently approved LCFS amendments, allowing the move forward with the updated LCFS program.
OMV Petrom has announced the start of construction for a sustainable aviation fuel (SAF) and renewable diesel (HVO) production unit at the Petrobrazi refinery in Romania. The new facility will have an annual capacity of 250,000 tons.
CVR pauses development of potential SAF projects pending regulatory, tax credit clarity
February 20, 2025
CVR Energy Inc. released fourth quarter financial results on Feb. 18, reporting reduced renewable diesel production. The company also said it is pausing development of SAF capacity pending clarity on government subsidies.
Calumet Inc. on Feb. 18 announced that its subsidiary Montana Renewables LLC has received the first drawdown of approximately $782 million from its $1.44 billion U.S. DOE loan guarantee. The loan will fund the expansion of SAF production capacity.
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