Biofuels

U.S. Energy Department to allocate $118 MM to biofuels projects

The U.S. Department of Energy (DOE) this week will announce over $100 MM in funding to expand U.S. biofuels production, as the Biden administration works to cut greenhouse gas emissions from transportation and meet climate goals.

Technip Energies signs two MoUs for energy transition projects in Canada

Technip Energies announced signing two separate MoUs, one with PCL Industrial Management Inc. and another with Capital Engineering, to work collaboratively on efforts associated with energy transition markets in Canada.

Topsoe enters agreement with Steeper Energy to introduce complete waste-to-biofuel solution

Topsoe, a leader in carbon emission reduction technologies, and Steeper, a pioneer within biomass conversion technologies, have signed a global licensing agreement for a complete waste-to-fuel solution.

Syzygy Plasmonics and RTI Inetrnational sign agreement to demonstrate sustainable fuels production system

Syzygy Plasmonics, a deep decarbonization company, announced an agreement today with the nonprofit research institute RTI International to demonstrate sustainable fuel production at the RTI facility in Research Triangle Park, North Carolina, USA.

UAE companies explore production of sustainable aviation fuel with bp

United Arab Emirates renewable energy company Masdar, state oil firm Abu Dhabi National Oil Company (ADNOC) and oil major BP agreed to conduct a joint feasibility study on exploring the production of SAF in the UAE.

thyssenkrupp Uhde selected by ADNOC for commercial-scale ammonia cracking plant

thyssenkrupp Uhde and ADNOC have signed a memorandum of understanding (MoU) to explore a long-term partnership to create new markets for hydrogen and promote global clean energy value chains.

Clean Energy Marine Hubs Initiative gains momentum at Ministerial energy meeting

IRENA will continue to expand its collaboration with ICS and partners in the shipping sector to further strengthen the CEM Hubs initiative and accelerate the use of renewables-based fuels in the shipping and other end-use sectors.

Bain Capital buys stake in biofuel firm for $400 MM

Bain Capital Private Equity said this week it has completed a deal to acquire a stake in renewable fuel producer EcoCeres Inc, as the Boston-based investor strives to ramp up its sustainable investment.

Green industries could be worth $10.3 T to economy by 2050

Industries helping the world shift to net-zero emissions could be worth $10.3 T to the global economy by 2050, sustainable development consultancy Arup and economics advisory firm Oxford Economics said in a report on Tuesday.

Darling Ingredients expects 20% growth in 2023

Renewable fuel producer Darling Ingredients Inc expects 20% growth for the company in 2023, the chief executive said this week, as governments worldwide push for energy solutions to lower carbon emissions.