Italian energy company Eni and U.S.-based KKR on Oct. 24 announced an agreement under which KKR will purchase a 25% stake in Eni’s Enilive business, which encompasses the company’s biorefining, biomethane, and smart mobility solutions businesses.
Archaea Energy, UGI celebrate startup of Pennsylvania RNG plant
October 28, 2024
Archaea Energy, a subsidiary of bp, and UGI Energy Services LLC, a subsidiary of UGI Corp., on Oct. 28 celebrate the start-up of their joint venture's renewable natural gas (RNG) plant in Hegins, Pennsylvania.
PurposeEnergy on Oct. 24 announced the grand opening of its Middlebury renewable energy facility. The $23 million project utilizes patented anaerobic digestion technology to support Vermont’s circular economy goals.
DHL Express and DHL Global Forwarding are furthering their sustainability goals through a contract renewal with IAG Cargo, the cargo handling division of International Airlines Group, to use an additional 60 million liters of SAF on behalf of DHL.
Neste Corp. on Oct. 24 released third quarter financial results, reporting that its renewables segment has been impacted by overcapacity and lower-than-expected voluntary demand for sustainable aviation fuel (SAF).
Valero Energy Corp. released Q3 financial results on Oct. 24, reporting increased production for both its ethanol and renewable diesel segments. Valero’s SAF project is expected to be fully operational before the end of the year.
A new analysis by S&P Global Commodity Insights supported by Coalition for Renewable Natural Gas (RNG CoalitioN), EBA, ERGaR, and Eurogas provides valuable input to the ongoing revision process of the GHG Protocol.
Montana Renewables LLC has delivered its first shipment of 7,000 gallons of SAF to Dearborn, Michigan's Buckeye Pipeline facility. From there, the fuel will be transported to the Detroit Metropolitan Airport via pipeline for use by Delta Air Lines.
Technip Energies and Enerkem Inc. have signed a collaboration agreement, solidifying their commitment to accelerate the deployment of Enerkem’s technology to convert non-recyclable waste and residues into sustainable fuels and chemical products.
Vanguard Renewables on Oct. 23 held a groundbreaking ceremony for its RNG gas project at The Moyer Family’s Oakmulgee Dairy Farm in Amelia Court House, Virginia. The project is part of a joint venture between Vanguard and TotalEnergies.
Signature Aviation has announced the expansion of its blended SAF offering to six new locations across the U.S. following a blended SAF supply agreement with Valero Marketing and Supply Co. a subsidiary of Valero Energy Corp.
Avfuel Corp. has announced its expansion of blended sustainable aviation fuel (SAF) across the southeastern United States supplied from Valero Marketing and Supply Co., a subsidiary of Valero Energy Corp.
LanzaTech Global Inc. has been awarded $3 million by the U.S. Department of Energy’s Office of Fossil Energy and Carbon Management, as part of a broader $29 million investment program to advance its carbon management priorities.
Anaergia Technologies LLC has entered into a contract with the City of Riverside, California, to install infrastructure at the Riverside Water Quality Control Plant to enable reception of organic municipal waste.
Universal Fuel Technologies (Unifuel) has closed $3 million in funding for its Flexiforming technology that cuts SAF production costs by up to 50%, and the related carbon emissions by up to 75%. The seed round was led by TO VC.
New Energy Risk, a wholly owned division of Paragon Insurance Group, and Ecostrat on Oct. 22 announced a partnership to develop Feedstock Supply Insurance, an insurance offering that aims to mitigate risk in biomass feedstock supply chains.
The U.S. Treasury Department and IRS on Oct. 18 issued additional guidance for the 40B SAF tax credit. The new guidance, Notice 2024-74, addresses the use of an updated 40BSAF-GREET 2024 model released by the U.S. Department of Energy in October.
Synthica Energy broke ground this month on a new renewable natural gas (RNG) facility in Rome, Georgia, just outside of Atlanta. The facility is expected to divert nearly 250,000 tons of waste from local landfills each year.
EverGen Infrastructure Corp. announced that Grow the Energy Circle Ltd. (GrowTEC) has received up to $2 million from Agriculture and Agri-Food Canada to support the development of Phase 2 of its anaerobic digester expansion project.
Vietjet on Oct. 11 fueled two flights with sustainable aviation fuel (SAF) supplied by Petrolimex Aviation. The flights departed from Tan Son Nhat International Airport in Ho Chi Minh City and were destined for Australia and South Korea.
Propel Fuels Inc., a leading retailer of low-carbon fuels at stations throughout California, was awarded victory by a jury in its trade secrets misappropriation case against Phillips 66 Co., following a five-week trial.
Capacity to produce biofuels increased 7% in the United States during 2023, reaching 24 billion gallons per year (gal/y) at the start of 2024, led by a 44% increase in a category the EIA calls renewable diesel and other biofuels.
EPA: 1.99 billion RINs generated in September
October 18, 2024
More than 1.99 billion RINs were generated under the RFS in September, up from 1.96 billion generated during the same month of last year. Total RIN generation for the first nine months of the year reached 18.58 billion
The U.S. EPA on Oct. 17 released updated SRE data, reporting that 129 SRE petitions are now pending under the RFS, up from 50 as of mid-September. No new petitions were filed, but nearly 80 previously denied petitions are being reevaluated.
Vision RNG has closed on an aggregate $207 million in project financing with HASI. The funds will be used to develop facilities to convert landfill gas into RNG at two WIN Waste Innovations landfills in Ohio.
Southwest Airlines Co. on Oct. 17 announced a SAF supply agreement with Valero Marketing and Supply Co., a subsidiary of Valero Energy Corp., to bring SAF to Chicago Midway International Airport in the state’s largest announced SAF supply agreement.
Verne, a provider of sustainable data center solutions for high intensity computing, is transitioning to renewable fuels by using Neste MY Renewable Diesel to power backup generators at data centers in Helsinki, Pori and Tampere in Finland.
Calumet Inc. announced on Oct. 16 that the U.S. Department of Energy Loan Programs Office has awarded a conditional commitment for a loan guarantee of up to $1.44 billion to fund SAF capacity expansion at Montana Renewables LLC.
Gevo Inc. on Oct. 16 announced it has received a conditional commitment for a loan guarantee with disbursements totaling $1.46 billion from the U.S. Department of Energy Loan Programs Office for its Net-Zero 1 project (NZ1) in South Dakota.
Industrial Accessories Company has been named to design, build, and commission two waste heat biomass drying systems for SDI Biocarbon Solutions LLC. The systems will dry southern yellow pine feedstock as feed for the pyrolysis processors.
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