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Environment

Jupiter Ionics raises $9-MM to progress their electrochemical green ammonia technology

A greener way to feed the world is one step closer with Jupiter Ionics’ $9 million capital raise to progress their electrochemical green ammonia technology.

Copenhagen Infrastructure Partners announces investments and agreements with LOTTE Chemical Corporation

The memorandum of understanding between CIP and LOTTE is intended to support collaboration on clean ammonia projects.

NextChem expands its low carbon portfolio with the acquisition of Gascontec, gaining innovative patents in hydrogen, ammonia, and methanol

MAIRE announced that NEXTCHEM has signed a binding agreement to acquire 100% of GasConTec Gmbh, an innovative company specialized in technology development and process engineering founded in 2017 and based in Bad Homburg, Germany.

EU wants fossil fuel sector to help pay to combat climate change

The European Union is set to call for the fossil fuel industry to help pay for fighting climate change in poorer countries under a United Nations target, a draft document shows, as nations prepare for talks this year on a global finance goal.

IAG reaches one-third of 2030 SAF target with major e-SAF deal with Twelve

International Airlines Group announced its largest SAF purchase agreement to date, with e-SAF producer Twelve, which will supply advanced e-SAF made from made from CO2, water and renewable energy. 

Biden administration (U.S.) says to finalize SAF climate model revisions within weeks

The Biden administration (U.S.) will finalize revisions to its climate model for SAF feedstocks in the coming weeks, a White House official said.

Biden-Harris administration (U.S.) allocates $366 MM to reduce energy costs and boost security in rural areas nationwide

As part of President Biden’s Investing in America agenda, the U.S. Department of Energy announced more than $366 MM for 17 projects across 20 states and 30 Tribal Nations and communities to accelerate clean energy deployment in rural and remote areas across the country.

European airlines secure supplies of low-carbon jet fuel

European airlines are signing SAF deals needed to meet carbon-reduction targets set by the European Union.

ACC comments on 45V clean hydrogen production tax credit proposal

The American Chemistry Council issued the following statement after submitting comments to the Internal Revenue Service in response to the Section 45V Clean Hydrogen Production Tax Credit Notice of Proposed Rulemaking.

Indonesia sees 2024 biodiesel consumption rising to 11 MMt

Indonesia's unblended biodiesel consumption in 2024 is seen rising to 11 - 11.4 MMt from 10.7 MMt last year, leading to a possible fall in palm oil exports.