Tag: Shell

Shell to have 40% interest in Enerkem Quebec project

Shell to have 40% interest in Enerkem Quebec project

January 11, 2021 |

In Canada, Shell will have a 40% interest in the plant using technology developed by Enerkem. Enerkem announced the project in December 2020, subject to finalization of commercial agreements. The approximately C$875 million commercial-scale facility will be constructed in Varennes, Québec, and will produce low-carbon fuels and renewable chemicals products from non-recyclable waste using Enerkem’s proprietary […]

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Hot50 companies lead in investments, moving forward in 2021 – iwi’s $10M investment, $73M valuation, Green Plains invests in Fluid Quip, Neste acquiring stake in Alterra Energy

Hot50 companies lead in investments, moving forward in 2021 – iwi’s $10M investment, $73M valuation, Green Plains invests in Fluid Quip, Neste acquiring stake in Alterra Energy

January 11, 2021 |

Looking for some good news? Well, look no further as hot off the press is good news from several Hot50 winners starting with plant-based omega-3 pioneers, Qualitas Health, DBA iwi, which has secured $10 million in venture funds at a $73 million post-money valuation, to accelerate growth and build their unique plant-based protein. And Fluid […]

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Red Rock and Shell agree cellulosic fuel purchase and sale agreement

Red Rock and Shell agree cellulosic fuel purchase and sale agreement

October 8, 2020 |

In Colorado, Red Rock and Shell have entered into a cellulosic fuel purchase and sale agreement in which Shell will purchase Sustainable Aviation Fuel (SAF) and cellulosic renewable diesel fuel from Red Rock’s new biorefinery in Lakeview, Oregon. Shell will distribute the SAF to Red Rock’s existing airline customers and market Red Rock’s cellulosic renewable […]

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Hydrogen and fuel cell technology taking off, Ballard aims for $130 billion heavy and medium duty vehicles market

Hydrogen and fuel cell technology taking off, Ballard aims for $130 billion heavy and medium duty vehicles market

October 4, 2020 |

Ballard just hosted a 5-hour analyst day with no breaks and there was a lot to unpack in terms of how the company intends to apply fuel cells in the bus, truck, trains and even marine sectors. But the key message was the huge expanding fuel cell and hydrogen market applications – specifically the Heavy […]

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Shell Aviation, World Energy to supply sustainable aviation fuel to Lufthansa at SFO; ink multi-year collaboration

Shell Aviation, World Energy to supply sustainable aviation fuel to Lufthansa at SFO; ink multi-year collaboration

January 7, 2020 |

From the UK comes news that Shell Aviation and World Energy inked a collaboration to develop a scalable supply of sustainable aviation fuel. The agreement is intended to be a multi-year collaboration, with both companies acknowledging that the path to lower carbon emissions in aviation requires long-term commitment and collaboration. The Lufthansa buy As part […]

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BNDES agrees to debt financing of nearly $500M for combined-cycle gas power plant

BNDES agrees to debt financing of nearly $500M for combined-cycle gas power plant

December 29, 2019 |

In Brazil, a joint venture between Patria, Shell, and Mitsubishi Hitachi Power Systems is getting over 2 billion Brazilian Real, or nearly $500 million USD, from Brazil’s National Bank for Economic and Social Development, BNDES, that will be spread over 24 years, for a 565 MW natural gas thermoelectric power plant in the municipality of […]

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CMA CGM contracts with Shell for “tens of thousands of tons” of marine biofuel

CMA CGM contracts with Shell for “tens of thousands of tons” of marine biofuel

December 16, 2019 |

In France, CMA CGM Group, a world leader in shipping and logistics, has announced a partnership with Shell to supply tens of thousands of tons of marine biofuel to its fleet. This quantity, which is unique in the industry, will allow the Group’s ships to travel nearly 1 million kilometers, equivalent to over 80 round-trips […]

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Shell and Van Oord team on marine biofuel pilot project

Shell and Van Oord team on marine biofuel pilot project

September 19, 2019 |

In the Netherlands, together with Shell, Van Oord is testing the use of biofuel on its fleet. The biofuel reduces CO2 emissions by more than 40% compared with conventional marine fuel. This test fits in with the ambitions of both parties to reduce the CO2 emissions in the maritime industry. The first pilot will take […]

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Shell India invests in local biomass company

Shell India invests in local biomass company

September 2, 2019 |

In India, Indian biomass-based energy company Punjab Renewable Energy Systems Pvt. Ltd. (PRESPL), has raised private equity investment from Shell. responsAbility was the first to invest during the company’s ‘Series-A’ in Sep 2013, followed by a ‘Series-B’ investment from Neev Fund in April 2019. With this follow-on fund investment by Shell, the ‘Series-B’ round of […]

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9 Constellations to watch: A look at the Rising Stars in the Race to SAF

9 Constellations to watch: A look at the Rising Stars in the Race to SAF

August 25, 2019 |

Rising stars are coming together as constellations, the stars are aligning and making magical things happen – today we explore 9 of those constellations building around Sustainable Aviation Fuels. Some of them are young protostars in the earliest stage of stellar evolution, while others are like the Earth’s sun, a main-sequence mid-size star, and a […]

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