In California, Aemetis announced that the installation of a $12 million, 3 megawatt solar microgrid with battery storage and an AI energy management system has been completed at the Keyes ethanol plant. TotalEnergies was the project developer who provided the PV solar technology, and also built and commissioned the system. Schneider Electric provided the electrical […]
In India, the Economic Times newspaper reports Nayara Energy plans to invest $71.85 million in two new ethanol plants, based in Andrha Pradesh and Madhya Pradesh respectively. The facilities, expected to come online in 2026 with each be able to produce 200,000 liters of ethanol daily from corn and broken rice. Three more ethanol plants […]
In Argentina, Reuters reports the country has lowered the price for biodiesel slightly from May onwards to about $1.062 per metric ton while it raised prices for sugarcane-based ethanol nearly 10% to about 70 cents per liter. Although the increase was lower, the price for corn-based ethanol was increased to about 65 cents per liter. […]
In Washington, the Energy Information Administration reports ethanol production fell to an average of 965,000 barrels a day last week as seasonal maintenance continues, but in line with the same volumes during this period last year. As a result, stocks fell to an 18-week low of 24.2 million barrels. As a result of lower production […]
In Brazil, Compagnie Maritime Monegasque (CMM) announced the closing of up to $94 million in financing. The transaction was funded by Summit Ridge Capital Partners. Panorama Capital Partners sourced and advised on the transaction, and participated as a co-investor. This financing enables CMM to recompose its shareholder structure and to expand its fleet. As part […]
In Brazil, Ukragroconsult reports the Mato Grosso Institute of Agricultural Economics (Imea) data shows about a quarter of the state’s corn production when to ethanol in the 12 months ending in March 2024. Ethanol production during that period rose 39% on the year to 4.54 billion liters using more than 10 million metric tons of […]
In South Africa, the Paper Manufacturers Association of South Africa (PAMSA), in collaboration with Stellenbosch University (SU), Sappi Southern Africa and Mpact recently launched its demonstration plant converting cellulose fiber-rich waste from pulp and paper mill operations into ethanol using a specialised fermentation process. Driven by the vast potential of this feedstock, the research by […]
In India, The Economic Times reported that the Indian government has allowed sugar mills to use 670,000 tons of B-heavy molasses as feedstock for making ethanol in the current year. Sugar mills in India were holding excess stock of B-heavy molasses — a byproduct of the sweetener — produced before the ban on its use […]
In India, the Economic Times newspaper reports the Indian government will allow 670,000 metric tons of Heavy B-molasses to be diverted to ethanol production following a ban, lifting of the ban, and then putting the ban back in place on sugarcane-based feedstocks due to expected lower cane production this season. Mills have been holding on […]
In Washington, Brownfield Ag News reports ethanol production fell to its lowest level in 13 weeks on the back of seasonal maintenance, the third consecutive week in a row that production as fallen. Production reached just 954,000 barrels a day, levels not seen since mid-January, which has helped to tap into growing stocks that have […]
