Chevron invests in Terviva to expand pongamia cultivation for biofuels news Fayaz Hussain 16 Oct 24 0 California-based agriculture innovation company Terviva announced that it has secured a significant investment from Chevron Renewable Energy Group to expand its pongamia cultivation operations. This… Read more
New Zealand’s only refinery to be repurposed for biofuel production news Fayaz Hussain 1 Oct 24 0 The former Refining New Zealand site at Marsden Point could be making a comeback with renewable biofuels. Channel Infrastructure NZ Limited (CHI), who owns the… Read more
Airlines, corporates willing to pay the SAF premium opinion Fayaz Hussain 23 Sep 24 0 Sustainable aviation fuel (SAF) is expensive. It comes at a premium. Costly feedstocks, high capex requirements and risk premiums on credit are key cost determinants.… Read more
AM Green acquires Chempolis; to invest $1bn in SAF news Fayaz Hussain 23 Sep 24 0 Indian energy transition solutions provider AM Green Technology and Solutions announced the acquisition of Finnish Chempolis Oy and Fortum 3 B.V. with plans invest $1bn… Read more
Comstock, SACL to develop three SAF projects in Australia news Fayaz Hussain 20 Sep 24 0 Comstock announced today that its subsidiary, Comstock Fuels Corporation, has entered into a strategic partnership with Singapore-based renewable fuel project developer SACL to invest in… Read more
Twelve raises $645m to fund eSAF projects news Fayaz Hussain 20 Sep 24 0 California-based carbon transformation company Twelve announced they have successfully raised $645m from strategic investors to invest in development of efuels including sustainable aviation fuel (eSAF).… Read more
Gevo monetises IRA credits to advance SAF, other initiatives news Fayaz Hussain 19 Sep 24 0 Gevo has announced the sale of approximately $20m in investment tax credits generated by its Gevo NW Iowa RNG facility to fund strategic growth projects,… Read more
AIR COMPANY secures $69m to scale up SAF production news Fayaz Hussain 18 Sep 24 0 Carbon conversion technology company AIR COMPANY announced that it has raised a substantial $69m in Series B funding to commercialise its innovative technology and produce… Read more
Gevo hit 18-month high on patent, plant purchase news Fayaz Hussain 18 Sep 24 0 Gevo Corporation (NASDAQ: GEVO) saw its stock price soar by 30.1% on Tuesday, reaching a new 52-week high of $1.83 fuelled by a newly awarded… Read more
Consortium call for increased SAF production in Spain news Fayaz Hussain 18 Sep 24 0 A consortium of Spanish companies and organisations, including Cepsa, Iberia, Iberia Express, Vueling, and BIOCIRC, has presented a roadmap to position Spain as the European… Read more
Waste-to-SAF firm Fulcrum Bioenergy files for Chapter 11 bankruptcy news Fayaz Hussain 16 Sep 24 0 California based waste-to-fuels company Fulcrum Bioenergy has filed for Chapter 11 bankruptcy in District of Delaware US Bankruptcy Court. The filings showed that Fulcrum Bioenergy… Read more
CO2, H2 tech firm Brineworks raises $2.2m news Fayaz Hussain 16 Sep 24 0 Amsterdam-based Brineworks announced that it has secured $2.2m funding from venture capital firm Pale blue dot. Brineworks is working on seawater electrolyze to extract low-cost… Read more
DOE announces $12m funding for biorefinery technology news Fayaz Hussain 12 Sep 24 0 In a bid to accelerate the transition to a decarbonised economy, the US Department of Energy (DOE) has announced a $12m funding initiative to support… Read more
Infinium secures $1.1bn investment commitment from Brookfield news Fayaz Hussain 11 Sep 24 0 e-Fuel producer Infinium announced that it has secured an investment commitment of up to $1.1bn from Brookfield Asset Management to help grow the company’s e-fuel… Read more
Ouro sobre azul: Brazil allocates $1bn for SAF projects opinion Fayaz Hussain 9 Sep 24 0 The Portuguese phrase “ouro sobre azul” (literally translated to gold over blue) is used by native speakers in Brazil to express a promising position, a favourable… Read more