In Utah, popular ski equipment maker Rossignol Group will spend $50 million in coming years to boost sustainability efforts, including efforts to increase use of renewable materials. The funds will help the brand meet its goal of $500 million in sales by 2026—an increase of over 60% compared to its 2021-2022 fiscal year. The cash […]
In Utah, Savage announced the formation of a team to lead the buildout of renewable energy assets and services. The Company is already engaged with partners on multiple renewable fuel projects to purchase, source and deliver feedstock to refineries; provide engineering and construction of terminals and other assets; and evaluate ways to drive out inefficiencies […]
In Utah, the state legislation passed Utah HB 91, a bipartisan bill that reenacts and extends the availability of a state tax credit related to certain alternative fuel heavy-duty vehicles and makes technical and conforming changes to state law. Sponsored by Rep. Andrew Stoddard (D-44) and Sen. Lincoln Fillmore (R-10), the bill encourages the transition […]
In Utah, a federal jury in Salt Lake City, Utah, convicted California businessman Lev Aslan Dermen, also known as Levon Termendzhyan, of criminal charges relating to a $1 billion renewable fuel tax credit fraud scheme. According to evidence presented at a seven-week trial, Dermen was the owner and operator of Noil Energy Group, a California-based […]
In Utah, local press reports that following the unsealing of the indictment against the CEO and CFO of Washakie Renewable Energy, along with their mother and one of their wives with charges related to defrauding the government of more than $1.1 billion by claiming to have produced 1 billion gallons of biodiesel, the Federal Government […]
In Washington, D.C., the U.S. Environmental Protection Agency awarded the Utah Department of Environmental Quality a $2.3M grant under the National Clean Diesel Funding Assistance Program to reduce diesel emissions from heavy-duty trucks and school buses based in several counties along the Wasatch Front, an area challenged by levels of particulate matter that exceed federal […]
In Utah, Montana-based Clearas Water has secured a contract to upscale its wastewater treatment process through algae farming, called the Advanced Biological Nutrient Recovery system, at a Utah municipality that will process 4 million gallons of wastewater per day. The company’s current demonstration facility in Missoula processes 15,000 gallons of wastewater per day. It says […]
In Utah, researchers from Utah States University and Strata Policy have released a report for the Heartland Institute that examines the history and impact of government subsidies for the corn ethanol industry on the U.S. economy as a whole and also on specific “corn belt” counties. They are primarily concerned with the impact of the […]
In Utah, Anderwood Ventures wants to process 50 million gallons per year of used cooking oil from a 300-mile radius around St. George to produce biodiesel for use in local school buses. The company says there is enough supply in that radius to collect 100 million gallons. The refinery could be up and online by […]
In Utah, Tetra Financial Group announced it has provided $800,000 in lease financing to a large Ohio-based ethanol company for a grain elevator. The company’s operations involve the purchase, storage and sale of corn, soy beans, wheat and various other types of grains. The financing in this transaction was for a grain elevator, silos, bins […]
