In California, Aemetis, Inc. released an updated Five Year Plan that provides insights into the company’s plans to generate $2.0 billion of revenues, $496 million of net income, and $682 million adjusted EBITDA in year 2027. The Five Year Plan reflects a projected Revenues compound annual growth rate of 43% and a projected Adjusted EBITDA […]
In California, Aemetis, Inc. announced that after completing construction, testing, and commissioning, the company has accepted into service 36 miles of additional biogas pipeline; two biogas digesters, the Biogas-to-Renewable Natural Gas upgrading facility, and the utility gas pipeline interconnection unit. Two additional dairy digesters will be commissioned and operating in February, with another dairy digester […]
In California, Aemetis says construction has begun for the TotalEnergies and Schneider Electric solar microgrid system with at 2.0 MW photovoltaic (PV) array and a 1.25 MW battery energy storage system. Once construction has been completed, the microgrid will be integrated with the new Rockwell/Allen Bradley distributed control system (DCS) at the Aemetis Advanced Fuels […]
In Nevada, Greater Commercial Lending (GCL), which provides loans to businesses and organizations in under-served and rural communities, has completed $25 million in long-term financing to help develop and build dairy biogas digesters and a biogas pipeline for the Aemetis Biogas Central Dairy Digester Project located in Stanislaus County, California. The financing has been arranged […]
In California, Aemetis, Inc. and the American Power Group demonstrated the patented “Turbocharged Natural Gas Dual Fuel System” for truck engines to multiple truck fleet owners and operators who transport biofuels, animal feed, and other agricultural products for Aemetis and other businesses in the region. Earlier this week, the technology was demonstrated for regulatory agencies […]
In California, Aemetis, Inc. announced an offtake agreement that has been signed with Cathay Pacific Airways Limited for 38 million gallons of blended sustainable aviation fuel to be delivered over the 7 year term of the agreement. Sustainable aviation fuel provides significant environmental benefits compared to petroleum jet fuel, including a lower lifecycle carbon footprint […]
In California, Aemetis, Inc. says that the engineering work completed during the past year by CTCI for the Aemetis Riverbank Carbon Zero sustainable aviation fuel and renewable diesel plant is on schedule for filing permits and conducting procurement commencing in Q4 2022. In October 2021, Aemetis announced that it had entered into an agreement with […]
In California, Aemetis, Inc. announced that $7 billion of sustainable aviation fuel (SAF) and renewable diesel (RD) supply agreements have been signed with 10 airlines for a total of 916 million gallons of blended SAF, including a contract with Cathay Pacific that was signed by Aemetis today. Previously, Aemetis announced a contract with a major travel […]
In California, Aemetis, Inc. completed the installation and commissioning at the Keyes ethanol plant in California of the first Mitsubishi ZEBREX system in North America, reducing overall energy use and lowering the carbon intensity of ethanol. The system is now fully operational, reducing energy costs and increasing biofuel value by more than $5 million per […]
In India, Aemetis, Inc. announced that its Universal Biofuels subsidiary in India, owner and operator of a biodiesel plant located near the Port of Kakinada on India’s east coast, was selected by the three government-controlled oil marketing companies (OMCs) and a major oil refiner to supply approximately 8,000,000 gallons of biodiesel over the next two […]
