Renewable fuels

EverWind Fuels Announces Completion of FEED for its 1st Phase 240,000 Tonne per Annum Green Hydrogen-to-Green Ammonia Plant

Retrieved on: 
Thursday, April 4, 2024
Hydrogen, Community, FEED, Renewable fuels, Health, Green hydrogen, Employment, First Nations, Government, Black & Veatch, Construction, Farm, Project, Non-governmental organization, Partnership, Natural Resources, GHG, History, PEM, Wind, Front-end engineering, Water, Community engagement, Potlotek First Nation, Ammonia, Economics, Engineering, Renewable energy

The first phase of EverWind’s project is designed to produce approximately 240,000 tonnes per annum of green ammonia.

Key Points: 
  • The first phase of EverWind’s project is designed to produce approximately 240,000 tonnes per annum of green ammonia.
  • The Project meets the strictest global requirements for green fuels set by the European Renewable Energy Directive and has been pre-certified by CertifHy™.
  • The Project, which is part of EverWind's larger initiative to develop an Atlantic Canadian green fuels hub, will bring significant economic and environmental benefits to the region.
  • Completion of FEED and Construction Permitting: engineering works began in Q1 2022, advancing over two years to completion of FEED in March 2024.

Bunge Chevron Ag Renewables to Build New Oilseed Processing Plant in Destrehan, Louisiana

Retrieved on: 
Monday, March 4, 2024
Food Tech, Technology, Manufacturing, Agriculture, Natural Resources, Other Manufacturing, Marketing, Transport, Farmer, Rapeseed, CVX, Soybean, Renewable fuels, Carbon, Renewable energy

Bunge (NYSE:BG) and Chevron (NYSE: CVX) today announced approval of a final investment decision for their joint venture Bunge Chevron Ag Renewables LLC to build a new oilseed processing plant adjacent to its existing processing facility located on the Gulf Coast in Destrehan, LA.

Key Points: 
  • Bunge (NYSE:BG) and Chevron (NYSE: CVX) today announced approval of a final investment decision for their joint venture Bunge Chevron Ag Renewables LLC to build a new oilseed processing plant adjacent to its existing processing facility located on the Gulf Coast in Destrehan, LA.
  • The plant features a flexible design, intended to allow it to process soybeans as well as softseeds, including novel winter oilseed crops, such as winter canola and CoverCress, among others.
  • Expected to be operational in 2026, the processing facility aims to add scale and efficiencies to Bunge Chevron Ag Renewables, that will allow the company to better meet the increased market demand for renewable fuel feedstocks.
  • The plant is also intended to support the growing feed and protein markets through the production of meal products.

H Cycle Appoints Brandon Cowart as its new CEO and Heath DePriest to the Board of Directors

Retrieved on: 
Tuesday, January 16, 2024
Series, Knowledge, Renewable fuels, History, Hydrogen, Phillips 66, Energy, Renewable energy

WALNUT CREEK, Calif., Jan. 16, 2024 /PRNewswire/ -- H Cycle, an innovator in renewable hydrogen production, announced today the appointment of energy veterans Brandon Cowart as chief executive officer and Heath DePriest to the company's board of directors. H Cycle specializes in employing an inventive waste processing system and thermal conversion to harness post-recycling organic waste materials, diverting them from landfills.

Key Points: 
  • WALNUT CREEK, Calif., Jan. 16, 2024 /PRNewswire/ -- H Cycle, an innovator in renewable hydrogen production, announced today the appointment of energy veterans Brandon Cowart as chief executive officer and Heath DePriest to the company's board of directors.
  • His strategic vision and established leadership skills will guide H Cycle in achieving its long-term strategic objectives.
  • "Amidst the ongoing transformation of the nation's energy sector, I am thrilled to lead H Cycle as we produce renewable, low-carbon hydrogen through an innovative process that redirects organic waste away from the landfill," said Brandon Cowart, CEO of H Cycle.
  • DePriest, currently serving as chief operating officer at Braven Environmental, an advanced recycling company, recently joined H Cycle's board of directors.

Clean Energy Announces Up to $400 Million in Financing with Stonepeak to Continue Expansion of Renewable Natural Gas Infrastructure

Retrieved on: 
Wednesday, December 13, 2023
Other Energy, Oil, Gas, Finance, Trucking, Alternative Energy, Rail, Energy, Professional Services, Transport, Environment, Public Relations, Investor Relations, Public Transport, Communications, Logistics, Supply Chain Management, UPS, LNG, Senior, CNG, NOx, Renewable fuels, Methane, Natural gas, RNG, Torque, GHG, Walmart, California Air Resources Board, Security (finance), Renewable energy, Primary energy

The credit agreement also provides for a two-year delayed draw term loan commitment of an additional $100 million.

Key Points: 
  • The credit agreement also provides for a two-year delayed draw term loan commitment of an additional $100 million.
  • In addition to repaying existing loans, the financing from Stonepeak will provide Clean Energy with capital for new renewable natural gas (RNG) production facilities, as well as the expansion of the company’s fueling infrastructure targeting the heavy-duty truck market.
  • Clean Energy currently provides RNG to hundreds of fleets every day in the form of compressed natural gas (CNG) and liquified natural gas (LNG), which enables them to decarbonize their large vehicles easily and affordably.
  • During the first two years, Clean Energy may elect to pay up to 75% of the interest in kind.

Scania's new biogas engines: Going greener with 5% fuel savings

Retrieved on: 
Friday, December 8, 2023
Scania Truck Driving Simulator, Renewable fuels, IAA, CO2, G25, Noise, Super, Automotive industry, Natural gas

The well-composed and harmonised trio – the new biogas engines plus the G25 gear-boxes and axles from the diesel sibling – work so well together that fuel savings of 5% in long-haul are noted and confirmed.

Key Points: 
  • The well-composed and harmonised trio – the new biogas engines plus the G25 gear-boxes and axles from the diesel sibling – work so well together that fuel savings of 5% in long-haul are noted and confirmed.
  • "Just as the Super engine benefits from the increased spread in the G25 gearbox, so do the biogas engines.
  • When paired with the Scania Opticruise gearbox and the new axles, the biogas engines can operate very close to their 'sweet spot' most of the time.
  • Networks of biogas filling stations are expanding rapidly across Europe, driven by increased demand and by major players in the fuel industry.

Europe Energy Transition Market Analysis Report 2023-2030: Navigating Europe's Energy Transition to Net Zero - ResearchAndMarkets.com

Retrieved on: 
Wednesday, August 16, 2023
Other Energy, Utilities, Oil, Gas, Coal, Alternative Energy, Energy, Hydrogen, Acceleration, EVS, Policy, CCS, Growth, Major Players, Renewable fuels, Sector, GHG, CO2, Renewable energy, EU

The "Europe Energy Transition Market Trends and Analysis by Sectors (Power, Electric Vehicles, Renewable Fuels, Hydrogen and CCS/CCU) Major Players and Policies, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Europe Energy Transition Market Trends and Analysis by Sectors (Power, Electric Vehicles, Renewable Fuels, Hydrogen and CCS/CCU) Major Players and Policies, 2023" report has been added to ResearchAndMarkets.com's offering.
  • This outlook provides analysis and trends on Europe's energy transition from non-renewable to renewable sources.
  • A 2030 outlook predicts renewables will experience a rapid growth in power capacity and generation outlook in the region, due to the acceleration of investment towards net zero targets.
  • Europe has the potential to be the leading region in the five main sectors needed for energy transition, two of which are currently at a high development stage, namely renewable energy and electric vehicles.

Heath DePriest Joins Braven Environmental, Bringing Extensive Leadership Experience from Phillips 66

Retrieved on: 
Tuesday, August 1, 2023
Plastic, ConocoPhillips, Phillips, Renewable fuels, Investment, EH&S, EH, Growth, Global strategy, Phillips 66, Economics, Renewable energy, Braven

With an impressive background in the energy industry, Mr. DePriest will be joining Braven Environmental as the Chief Operating Officer, effective immediately.

Key Points: 
  • With an impressive background in the energy industry, Mr. DePriest will be joining Braven Environmental as the Chief Operating Officer, effective immediately.
  • Prior to his arrival at Braven, Mr. DePriest held numerous key leadership positions at Phillips 66, one of the world's foremost energy companies.
  • Prior to his tenure at Phillips 66, Mr. DePriest held various critical development roles at ConocoPhillips, John Zink, and Koch Refining.
  • "His extensive experience and leadership in driving sustainable growth align perfectly with our mission of providing innovative solutions to the management of hard to recycle plastics.

North America Energy Transition Market Report 2023: Global Momentum and Government Support Bolsters Sector - ResearchAndMarkets.com

Retrieved on: 
Monday, January 9, 2023
Environment, Other Energy, Utilities, Chemicals, Plastics, Oil, Gas, Coal, Alternative Energy, Manufacturing, Green Technology, Energy, Hydrogen, Asian Infrastructure Investment Bank, Steam, Renewable fuels, CO2, Waste, Natural gas, EVS, Growth, Sector, SAF, Ethanol, Carbon, Renewable energy

The "North America Energy Transition Market Analysis by Sectors (Power, Electric Mobility, Renewable Fuels, Hydrogen and CCS/CCU) and Trends" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "North America Energy Transition Market Analysis by Sectors (Power, Electric Mobility, Renewable Fuels, Hydrogen and CCS/CCU) and Trends" report has been added to ResearchAndMarkets.com's offering.
  • This report addresses the status of clean energy transition in North America by looking through the lens of several sectors, namely power generation, electric mobility, renewable fuels, carbon capture, and clean hydrogen.
  • The energy transition in North America is gaining steam due to both the global momentum behind the sector and the Biden administration's support.
  • North America is one of the world's most active regions for carbon capture, accounting for 63% of global capacity in 2021.

First Washington Carbon Allowance Futures Trades on Nodal Exchange

Retrieved on: 
Tuesday, December 6, 2022
Environment, Other Energy, Environmental Health, Utilities, Oil, Gas, Coal, Sustainability, Alternative Energy, Energy, Nuclear, Carbon, Shell, REC, Washington carbon tax, Trading strategy, Shell Energy, Royal Dutch Shell, Western Climate Initiative, Renewable fuels, RGGI, BGC, European Climate Exchange, Risk management, CO2, Exchange, European Energy Exchange, Multimedia, Growth, EEX, WCA, LCFS, Climate change, OCFP, CFTC, Renewable energy, Nodal

Nodal Exchange and IncubEx announced today the successful launch of the Washington Carbon Allowance (WCA) futures contract, along with the first trade in the contract, on December 5th.

Key Points: 
  • Nodal Exchange and IncubEx announced today the successful launch of the Washington Carbon Allowance (WCA) futures contract, along with the first trade in the contract, on December 5th.
  • Nodal Exchange posted volume of 25 lots of Washington Carbon Allowance futures, equivalent to 25,000 WCAs at a price of $35.00/MT for December 2023 delivery.
  • The Nodal WCA futures contract is the first exchange-listed and cleared contract corresponding with the Washington carbon Cap-and-Invest program, the newest carbon market in North America.
  • The futures contracts call for delivery of Washington Carbon Allowances in the Washington Compliance Instrument Tracking System Services (CITSS) registry.

NEXT Renewable Fuels, Inc. to Become Publicly Traded Via Combination with Industrial Tech Acquisitions II, Inc. Resulting Company to be Named NXTCLEAN Fuels, Inc.

Retrieved on: 
Monday, November 21, 2022
Environmental issues, Risk, Transport, Environmental impact statement, Climate, 100,000, Ix, NXT, Engineer, Proxy, Natural gas, Prospectus, GAAP, Suite, Person, COVID-19, Growth, LLP, EBITDA, Xi, BP, Annual report, Wildfire, XXV, Combination, Form, Failure, Reading, Acquisition, SAF, Renewable fuels, Shell, Sale, Name, Columbia River, Investment, Gasoline, Renewable energy, Security (finance), Financial services, RD

HOUSTON, Nov. 21, 2022 (GLOBE NEWSWIRE) --  NEXT Renewable Fuels, Inc. (“NXT” or the “Company”), a next generation fuels company dedicated to sustainably producing clean, low-carbon fuels from organic feedstock, and Industrial Tech Acquisitions II, Inc. (“ITAQ”) (Nasdaq: ITAQ), a special purpose acquisition company, today announced the signing of a business combination agreement expected to result in a newly combined company to be known as NXTCLEAN Fuels, Inc. The boards of directors of NXT and ITAQ have each approved the transaction.

Key Points: 
  • NXT has a multi-prong business plan and is developing a strategically positioned facility along the Columbia River in Oregon.
  • Assuming no redemptions by ITAQ public shareholders, the transaction is expected to deliver up to approximately $176 million of cash held in ITAQs trust account.
  • This press release uses EBITDA, which is a Non-GAAP financial measure, to present the financial performance of NXT.
  • We believe the Non-GAAP financial measures are useful to investors because such results provide insights into underlining trends in NXTs business.