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Aemetis Biogas closes $53 million sale of IRA tax credits

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By Aemetis Inc.

October 02, 2023

Biogas Business 

Aemetis Inc. closed the sale of $53 million of IRA investment tax credits generated by its subsidiary Aemetis Biogas LLC to a corporate purchaser on Sept. 29, 2023. The Section 48 investment tax credits were generated from biogas projects.

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Badger State Ethanol is updating and expanding its grain processing facility to produce 90 MMgy of ethanol along with corn oil and CO2. As a result, surplus processing and support equipment will be sold via a timed online auction.

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Carbon Streaming Corp. on Sept. 20 announced it will provide Microsoft with carbon removal credits from the Waverly Biochar project, which will be collocated at a wood pellet production facility in Waverly, Virginia.

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Verbio kicks off 2023 corn stover harvest

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By Verbio North America Holdings Corp.

September 22, 2023

Verbio has launched its second corn stover harvest. Corn stover will be used as feedstock for production of RNG at its large-scale plant in Nevada, Iowa. The facility is also expected to begin producing ethanol during the fourth quater of 2023.

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Strategic Biofuels announced on Sept. 21 that its Louisiana Green Fuels project has been issued an Air Permit from the Louisiana Department of Environmental Quality. The proposed facility will produce renewable diesel and naphtha.

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Neste and SQUAKE have announced a strategic partnership that enables businesses to purchase Neste MY Sustainable Aviation Fuel through flight booking systems using SQUAKE’s technology. Goodwings has already implemented the technology.

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CW Mill Equipment celebrates 50th anniversary

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By CW Mill Equipment Co. Inc.

September 20, 2023

CW Mill Equipment Co. Inc. is celebrating 50 years of operations. The Kanas-based company's products include HogZilla brand industrial grinding machines and high performance hammer mill cutting and grinding tools.

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A new E85 conversion kit could complement the rise of EVs by giving drivers plug-in electric hybrid vehicles capable of running on high blends of ethanol. Whether Tuomo Isokivijärvi is meeting with venture capitalists in Palo Alto, California, Finland or anywhere else in the world, he’s usually trying to explain how his company’s E85-based conversion kit technology applies to current and future light-duty passenger vehicles. He doesn’t shy away from explaining the limitations of electric vehicles—why EVs alone won’t be able to fulfill the transportation needs of the world anytime soon, despite what many investors have been repeatedly told.

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A conversation with Lauren Aubry, lab manager with Marquis Energy, on new advancements in the lab, helpful technology and challenges lab managers and technicians face daily.

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U.S. fuel ethanol production was up nearly 1 percent the week ending Sept. 1, according to data released by the U.S. Energy Information Administration on Sept. 7. Ethanol stocks were up slightly, with exports up nearly 19 percent.

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EIA: US ethanol capacity up in 2023

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By Erin Voegele

September 07, 2023

U.S. ethanol production capacity increased by 18 MMgy between Jan. 1, 2022, and Jan. 1, 2023, despite five fewer production facilities being in existence, according to data released by the U.S. Energy Information Administration in August.

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Gevo Inc. has finalized and executed a notice of grant and agreement award with the USDA for a Partnerships for Climate-Smart Commodities grant of up to $30 million for Gevo’s Climate-Smart Farm-to-Flight Program.

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The Minnesota Public Utilities Commission on Aug. 31 approved the scope of the Environmental Impact Statement for a portion of Summit Carbon Solutions’ proposed CO2 pipeline project that spans approximately 28 miles in two of the state’s counties.

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RFA welcomes 3 newest associate members

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By Renewable Fuels Association

September 05, 2023

The Renewable Fuels Association has announced that Nexus PMG, Avalon International Corp., and Energy Integration Inc. have joined as the association’s newest associate members.

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U.S. operable biofuels capacity was up in June, with gains for both ethanol and renewable diesel and associated fuels, according to data released by the U.S. EIA on Aug. 31. Feedstock consumption was also up during the month.

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POET has reopened its bioprocessing facility in Cloverdale, Indiana. POET Bioprocessing – Cloverdale celebrated the occasion on Aug. 31 with an event at the facility that included area farmers, community members, and state officials.

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ACE 2023 awards honor ethanol industry contributors

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By American Coalition for Ethanol

August 31, 2023

The American Coalition for Ethanol honored a select group of advocates for their contributions to the ethanol industry during its 36th annual conference this month in Minneapolis.

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Toyota Kirloskar Motor, an India-based joint venture between Toyota Motor Corp. and Kirloskar Group, on Aug. 29 unveiled a prototype of a BS 6 (stage II) electrified flex fuel vehicle (FFV) that can be fueled with ethanol blends beyond E20.

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Two years after the public unveiling of the American Coalition for Ethanol Hybrid Electric Flex Fuel vehicle at its 2021 annual conference in Minneapolis, ACE demonstrated the project’s value to conference attendees at this year’s conference.

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ACE elects board of directors during annual business meeting

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By American Coalition for Ethanol

August 25, 2023

ACE announced the re-election of several board members and the election of two new members to the organization’s board of directors during its annual business meeting prior to ACE’s 36th annual conference in Minneapolis, Minnesota.

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The American Coalition for Ethanol’s 36th annual conference kicked off in Minneapolis, Minnesota, this week with an update from ACE leadership, including ACE Board President, Dave Sovereign, ACE CMO Ron Lamberty, and ACE CEO Brian Jennings.

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Aemetis Inc. has announced the sale of 88,883 D3 renewable identification number credits (RINs), the company’s first commercial D3 RIN transaction under the RFS generated by the Aemetis Biogas Central Digester Project in California.

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Sugar Valley Energy, a subsidiary of California Ethanol & Power LLC, and STARS Technology Corp. are collaborating to delploy hydrogen production technology at SVE’s planned, fully permitted biorefinery in California.

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Caramuru, a Brazilian agribusiness company, on Aug. 16 announced it has begun selling soybean-based ethanol produced at its processing complex in Sorriso, Mato Grosso, a city located in the west-central region of the country.

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More than 1.98 billion RINs were generated under the RFS in July, up from 1.71 billion generated during the same month of last year. Total RIN generation for the first seven months of 2023 reached 13.4 billion.

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Braskem and SCG Chemicals are forming a joint venture that aims to produce bio-ethylene from bio-ethanol dehydration and to commercialize I’m green biobased polyethylene (PE), using the EtE EverGreen technology.

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The Surface Transportation Board is soliciting nominations to fill six vacancies on its Rail Energy Transportation Advisory Committee. One of those vacancies is to be filled by a biofuel producer or feedstock provider.

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Gevo Inc. released second quarter financial results on Aug. 10, reporting that its RNG business continues to ramp up production and indicating that the company is pivoting to a modularized approach for its alcohol-to-jet (ATJ) technology.

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The U.S. EIA maintained its forecasts for 2023 and 2024 fuel ethanol production in its latest Short-Term Energy Outlook, released Aug. 8. The forecast for 2023 ethanol blending was also maintained, but the 2024 blending forecast was revised down.

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Fluid Quip Technologies announced on Aug. 9 that it will provide the world’s first wheat-based Maximized Stillage Co-products (MSC) system, to Ensus U.K. Limited’s ethanol facility in Teesside, a subsidiary of CropEnergies AG.

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