Tag: Green Fuel

Green Fuel expansion to produce 32MW of power and 220M liters of ethanol

Green Fuel expansion to produce 32MW of power and 220M liters of ethanol

March 15, 2022 |

In Zimbabwe, New Zimbabwe reports the planned expansion for the Green Fuel ethanol facility in Chisumbanje will produce 32MW of power with the majority going to the national grid to help alleviate electricity shortages. Ethanol production will reach 220 million liters per year from cane grown on 24,000 hectares. The government recently cut the ethanol […]

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Green Fuel requiring ethanol payments be made in US dollars

Green Fuel requiring ethanol payments be made in US dollars

November 30, 2020 |

In Zimbabwe, Bulawayo reports that Green Fuel is selling ethanol only in US dollars, requiring proof of payment from clients that they have the funds ahead of time and having all bank transfers sent to its US forex bank account. The country has suffered from severe inflation and currency fluctuations for years, which prompted the […]

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Green Fuel to get sixth sugarcane crushing mill

Green Fuel to get sixth sugarcane crushing mill

October 13, 2020 |

In Zimbabwe, ESI Africa reports that Green Fuel is installing a sixth sugarcane crushing mill at its facility that will allow it to be self-sufficient in energy as well as be able to export electricity to the national grid thanks to high powered boilers. The additional equipment should be installed by the end of the […]

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Green Fuel doubles ethanol production to 380,000 liters per day

Green Fuel doubles ethanol production to 380,000 liters per day

September 9, 2019 |

In Zimbabwe, the Herald newspaper reports that the country’s main ethanol producer Green Fuel has doubled its ethanol production capacity to 380,000 liters per day in an effort to help reduce fossil fuel imports. The additional supply allows blending of 20% ethanol which can reduce fossil fuel imports by $10 million per month. As a […]

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Zimbabwean villagers sue Green Fuel for alleged landgrabbing

Zimbabwean villagers sue Green Fuel for alleged landgrabbing

December 13, 2018 |

In Zimbabwe, villagers are suing Green Fuel claiming that the company is illegally occupying community lands and interfering with their crop production activities. Currently 138 families claim historical use of the land for growing cotton and subsistence corn, saying the company has started to till their land to plant sugarcane. In response, the villagers are […]

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Zimbabwe MP accuses government of corruption by protecting Green Fuel monopoly

Zimbabwe MP accuses government of corruption by protecting Green Fuel monopoly

May 29, 2018 |

In Zimbabwe, a leading MP has accused the government of taking bribes from the owner of Green Fuel in exchange for protecting the company’s ethanol monopoly in the domestic market. The lack of ethanol supplies has been blamed on a lack of storage capacity but the MP said it was due to keeping cheaper ethanol […]

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Green Fuel says policy isn’t conducive to $1 billion investment

Green Fuel says policy isn’t conducive to $1 billion investment

September 25, 2017 |

In Zimbabwe, Green Fuel says the domestic policy for ethanol isn’t conducive towards the $1 billion investment it was planning in order to expand its production. With further investments continent on the building of a new $300 million dam, further expansion for the current facility or development of two other planned distilleries isn’t likely at […]

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Zimbabwe liberalizes ethanol market as Green Fuel fails to deliver

Zimbabwe liberalizes ethanol market as Green Fuel fails to deliver

March 8, 2017 |

In Zimbabwe, the government has at last liberalized ethanol production and sales in the country following Green Fuel’s continued failure to supply the required volumes for the country’s ethanol blending mandates that range between 5% and 15%. Rains have been a constant source of frustration to Green Fuel, keeping the company from harvesting the required […]

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Zimbabwe’s oil infrastructure parastatal sues Green Fuel for lack of payment

Zimbabwe’s oil infrastructure parastatal sues Green Fuel for lack of payment

October 13, 2016 |

In Zimbabwe, the National Oil Infrastructure Company has sued Green Fuel for $1,072,335.28 plus interest and legal costs after the company allegedly reneged on an integrated storage and handling agreement during a three-year period between 2013 and May 2016. The company has responded and aims to defend itself in court. The agreement with the parastatal […]

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Green Fuel’s founder implicated in the Panama Papers scandal

Green Fuel’s founder implicated in the Panama Papers scandal

April 5, 2016 |

In Zimbabwe, perhaps unsurprisingly, the controversial owner of Green Fuel has been identified as one of the participants in the tax avoidance scheme known as the Panama Papers. A tax official said the case would be investigated for potential tax evasion and foreign exchange regulation violations. There is a mandate to blend Green Fuel’s ethanol […]

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