In the UAE, Acelen expects to invest more than R$12 billion over the next 10 years in the production of renewable fuels. Throughout the project, the expectation is to produce 1 billion liters per year, generate R$85 billion in the economy, contribute to the generation of 90,000 direct and indirect jobs and reduce CO2 emissions […]
In Indiana, farmer sentiment weakened again in March as the Purdue University-CME Group Ag Economy Barometer fell 8 points to a reading of 117. The survey included several renewable energy questions focused on the ethanol and renewable diesel sectors, which had much more positive results. When asked to look ahead 5 years, nearly half (46%) of respondents […]
In Singapore, Reuters reports Neste plans to start up trial operations at its expanded renewable fuels facility in Singapore during the next couple of weeks while the official inauguration of the 1.3 million metric ton per year facility is set for May. Between the expansion, production in Rotterdam as well as its joint venture facility […]
In Belgium, in 2021, the EU spent €15.2 billion on imports of green energy products (including wind turbines, solar panels and liquid biofuels) from countries outside the EU. Meanwhile, the EU exported green energy products worth more than half this amount (€6.5 billion) to countries outside the EU. Specifically, the EU imported €11.2 billion worth […]
In the UK, Rolls-Royce is working to ensure that all of its combustion engines are compatible with biofuels, renewable diesel (HVO), hydrogen or other e-fuels produced using green, renewable electricity. Unlike other alternatives, HVO is already commercially available as a drop-in fuel – meaning its use requires no alterations to engine hardware – and approved […]
In Washington, Brownfield Ag News reports the Energy Secretary says the Biden Administration is “all in” when it comes to supporting renewable fuels, be it biodiesel or biofuel production or consumption. She says homegrown fuels are the way to fight against a “petro-dictator” like Vladimir Putin. But even with more biofuels in the mix, she […]
In the UK, Velocys has entered into a contract with a European renewable fuels developer to provide initial engineering services to a project, which is in the planning stages. Whilst the revenue for this initial stage of the project is de minimis (and project progression to material revenues to be determined), the agreement broadens the […]
In Canada, Suncor will strengthen its focus on hydrogen and renewable fuels to accelerate progress towards its objective to be a net-zero company by 2050. Optimizing the portfolio to drive shareholder returns and continue to reduce emissions requires focus and discipline. Therefore, Suncor plans to divest its wind and solar assets. Suncor’s strategy is focused […]
A $600 million investment in construction of a renewable fuels facility. A project that is expected to produce more than 120 million gallons of renewable fuels annually. That alone is enough to catch some attention, but who exactly is Evolve and how is HOBO Renewable Diesel getting in with them for this project? Who will […]
In Washington, D.C., U.S. Senators Amy Klobuchar (D-MN), Tammy Duckworth (D-IL), Tammy Baldwin (D-WI), Tina Smith (D-MN), and Dick Durbin (D-IL) and Representatives Cindy Axne (D-IA), Angie Craig (D-MN), Cheri Bustos (D-IL), and Mark Pocan (D-WI) sent a letter to Senate Majority Leader Chuck Schumer (D-NY) and Speaker of the House Nancy Pelosi (D-CA) urging […]
