In California, Aemetis highlighted the strong growth going on at their India plant, increased profit margins from plant upgrades related to the Keyes biorefinery, funding for the Aemetis biogas dairy digester and pipeline project, and deployment of the patented Lanzatech cellulosic ethanol technology at the Riverbank plant under development. On the Q1 earnings call, Aemetis […]
In India, Aemetis, Inc. announced that its Universal Biofuels India subsidiary has been awarded a biodiesel supply contract with the three India government-owned Oil Marketing Companies in a public tender process. The contract provides for ongoing deliveries of biodiesel to a variety of blending locations in an aggregate amount of more than $23 million during […]
The lucky 13 – with spring comes a sense of renewal and this season these lucky 13 bioeconomy bellwethers recently shared their 2018 and Q4 earnings to reveal uncertainties with trade wars, especially between the U.S. and China, some deals that fell through impacting losses, and pricing issues. But all is not lost as there […]
In California, the USDA issued a Conditional Commitment under the 9003 Biorefinery Assistance Program to guarantee a $125 million, 20-year loan to the Aemetis cellulosic ethanol plant to be built in Riverbank, California. The Riverbank plant is designed to convert orchard, forest and other biomass waste into cellulosic ethanol with below zero carbon emissions. Earlier […]
In California, Aemetis, Inc. said that its Universal Biofuels subsidiary has built distribution tanks and other infrastructure to begin sales of biodiesel to retail fuel stations from the Kakinada, India biodiesel plant. Recently, the Aemetis plant in India completed installation of a pre-treatment unit to process lower-cost and waste feedstock into oil; expand boiler and […]
In California, Aemetis, Inc. announced it has initiated the permitting and construction phase of its multi-dairy renewable biomethane digester cluster. In July 2018, the California Department of Food & Agriculture (CDFA) awarded two matching grants for a total of $3 million to build biomethane digesters at the first two dairies in the Aemetis biogas project. […]
Wishes are coming true for some California bioenergy projects. Aemetis, Oberon Fuels and others will receive millions from the California Energy Commission for their bioenergy projects, from DME to advanced ethanol. As Walt Disney once said, “All our dreams can come true if we have the courage to pursue them.” One thing he forgot to […]
In California, Aemetis, Inc. announced that the US Customs and Immigration Service (USCIS) has issued an I-924 Exemplar Approval for its $50 million EB-5 Phase II funding related to the Aemetis Riverbank cellulosic biorefinery project in California. Three EB-5 investors filed with the USCIS and funded $1.5 million to the Aemetis project in December 2018 […]
In California, Aemetis, Inc. announced that the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) awarded the Aemetis Riverbank Advanced Biofuels Project an exclusion from the payment of California sales and use taxes valued at $12.7 million. The CAEATFA financial assistance program provides for up to $100 million per year of California state funding […]
In California, Aemetis announced that its Universal Biofuels subsidiary has completed a two-year upgrade of the Kakinada, India biodiesel and glycerin plant. The upgrades to the Kakinada plant included installation of a pre-treatment unit to process lower-cost and waste feedstock into oil; expansion of boiler and other utility capacities; and implementation of environmental systems to […]
