Neste has merge its three renewable business units into one Renewable Products business unit as well as restructure its functions to better support business-driven ways of working. Plans for the restructuring were announced last year.
U.S. wood pellet producer Enviva Inc. on March 12 filed a voluntary Chapter 11 bankruptcy petition with the U.S. Bankruptcy Court for the Eastern District of Virginia in hopes of restructuring its approximately $1 billion in debt.
Avfuel Corp. and Neste finalized a partnership extension that keeps the companies at the forefront of sustainable aviation fuel (SAF) supply for business aviation, cementing their leadership positions in the sustainable space.
Aemetis provides update of biodiesel, RNG, SAF and ethanol initiatives
By Erin Voegele
March 11, 2024
Aemetis Inc. released fourth quarter financial results on March 7, reporting the company achieved important milestones in its biodiesel, RNG, ethanol, SAF and carbon capture business segments last year.
Gevo Inc. has reported that efforts are continuing to secure a U.S. DOE loan guarantee to support the construction of its proposed SAF facility. Gevo also reported that its RNG project in Iowa operated at 91% capacity during Q4.
Following Ryanair’s purchase of 500 metric tons of sustainable aviation fuel (SAF) from OMV in October 2023, the airline on March 8 announced that it will take an additional 500 metric tons of SAF from OMV in 2024.
USDA on March 8 celebrated the second annual National Biobased Products Day, a celebration to raise public awareness of biobased products, their benefits and their contributions to the U.S. economy and rural communities.
The Renewable Thermal Collaborative has released a case study on the partnership between AstraZeneca and Vanguard Renewables to enable the delivery of RNG to all of AstraZeneca's sites in the U.S. by 2026.
Marathon Petroleum's Vinvale and East Hynes fleets in California's Los Angeles Basin have made a significant step toward reducing their carbon footprint and contributing to a cleaner future by transitioning both fleets entirely to renewable diesel.
Bunge Chevron Ag Renewables LLC, a joint venture of Bunge and Chevron, on March 4 celebrated the groundbreaking of a new oilseed processing facility in Louisiana. The plant is expected to be operational in 2026.
EverGen Infrastructure Corp. announced its recently completed Fraser Valley Biogas facility has achieved new single-day and monthly production records, supporting the growing demand for RNG.
SAF One, a platform focused on the development of global SAF solutions, announces the appointment of engineering firm Kent to carry out a technology licensing review for its first synthetic paraffinic kerosene (SPK) production plant.
The Biomass Power Association has rebranded as the American Biomass Energy Association. The announcement was made by ABEA Executive Director Carrie Annand at the 17th Annual International Biomass Conference & Expo.
Aemetis Inc. on March 5 announced receipt of the Authority to Construct air permits for its planned sustainable aviation fuel (SAF) and renewable diesel (RD) production plant in Riverbank, California.
On Feb. 29, West Biofuels LLC announced it was selected for up to $30 million in award negotiations from the U.S. DOE Office of Clean Energy Demonstrations to provide low-carbon, stable energy for two rural communities in California.
Montana Renewables was recognized as the Groundbreaker of the Year and Jason Kessler, president at KESCO Inc., was presented with the Excellence in Bioenergy Award at the 17th Annual International Biomass Conference & Expo.
Drax Group plc released 2023 financial results on Feb. 29, reporting its pellet production segment achieved robust performance in a challenging market environment. The company also discussed progress on its BECCS projects in the U.S. and U.K.
U.S. EPA Administrator Michael Regan on March 1 announced the launch of the agency’s Office of Agriculture and Rural Affairs during an appearance at the 2024 Commodity Classic in Houston, Texas.
Neste has launched its new emission reduction solution, Neste Impact, for businesses looking to reduce the carbon footprint of their air travel and transport activities. The solution is based on purchasing Neste MY Sustainable Aviation Fuel.
Prairie Clean Energy is finding success in its pursuit of an environmentally sustainable solution to burning agricultural waste, beginning with flax straw waste pellets.
A recently commissioned wood pellet plant in Germany provides insight into the technical design and layout considerations specific to Europe.
Precise lubrication systems present a revolutionary opportunity for the pellet industry.
Moisture and wood fuel biomass are vital to each other for minimizing cost, proper operation of biomass boilers, and genuine fuel load assessment. Near-infrared technology is a great non-contact way to measure moisture content.
Total U.S. operable biofuels production capacity fell slightly in December, according to data released by the U.S. Energy Information Administration. Total feedstock consumption was up when compared to both the previous month and December 2022.
TerraNova Capital engaged to raise equity for Sugar Valley Energy
By California Ethanol + Power
March 01, 2024
Sugar Valley Energy, a new 160-acre bioenergy campus planned in California’s Imperial Valley has added New York-based TerraNova Capital Equities, Inc. to its finance team to lead marketing and placement of equity capital for the $1 billion project.
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.
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