In New York state, Carbon Direct and Eco-Engineers have developed a prototype protocol (“proto-protocol”) on bio-oil sequestration, the first in a series of science-led draft protocols. In collaboration with Charm Industrial, this analysis focuses on the carbon accounting, life-cycle analysis, and monitoring, reporting, and verification (MRV) foundations for a new carbon removal practice: bio-oil sequestration […]
In New York state, Western New York Energy has completed a $38 million expansion to produce high-purity alcohol products under the ClearSource brand. The 6,000 square-foot expansion will enable WNYE to produce 15 million gallons of alcohol annually. The ClearSource brand includes pharmaceutical, industrial, and beverage-grade alcohol using New York farm corn and a natural […]
In New York state, Crossbridge Energy A/S announced that it has reached a final agreement with Everfuel for the offtake of green hydrogen from Everfuel’s anticipated 300MW electrolyzer plant. The next phase of the project will be completed in three equal phases of 100MW each, and Phase 2a will supply up to 40 tons per […]
In New York state, Shell, Accenture, and American Express Global Business Travel (Amex GBT) are jointly announcing the launch of Avelia, one of the world’s first blockchain-powered digital sustainable aviation fuel (SAF) book-and-claim solutions for business travel. It is the largest SAF book-and-claim pilot at launch, offering around 1 million gallons of SAF – enough […]
In New York state, Tiger Infrastructure Partners announced that portfolio company Summit Carbon Solutions, developer of the world’s largest carbon capture and storage project, completed its $1 billion equity raise including a $300 million commitment from TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform TPG Rise. SCS is Tiger […]
In New York state, Green Rock Energy Partners LLC, a sustainable infrastructure focused private equity firm which invests in renewable energy companies and projects, acquired a stake in Bio Town Biogas LLC a producer of renewable power that is expanding into renewable natural gas, in partnership with Bio Town Ag and lenders. Green Rock’s announcement […]
In New York state, the White House has unveiled a new strategy and investments as part of a long-term commitment to spur smart development and adoption of sustainable, homegrown fuels across the United States. The President declared new steps to achieve this goal by increasing fuel supply, offering new options for consumers, and reducing gasoline […]
In New York state, Green Rock Energy Partners LLC, a sustainable infrastructure focused private equity firm which invests in renewable energy companies and projects, has officially launched. The firm’s founding, by five seasoned veterans of the traditional commodities sector, reflects the energy industry’s changing tide, away from fossil-based products to carbon-neutral solutions. Green Rock’s investments […]
In New York state, Intercontinental Exchange, Inc has launched the RVO (OPIS) Current Year Future & Argus RVO Current Year Future, based on the OPIS and Argus daily price assessments. Each futures contract is equivalent to 50,000 gallons. ICE offers cash settled RINs futures, including the D6 ethanol and D4 biodiesel (OPIS) (product codes: RIN […]
In New York state, Renovare Environmental, Inc. has entered into a definitive agreement to purchase Harp Renewables and its affiliate, Harp Electric Engineering (collectively “Harp”) for $20 million, comprised of $15 million of common stock and $5 million of cash. Through this acquisition, Renovare will become the premier provider of Digesters across North America and […]
