Biomass

World’s First Carbon Removal Plant Converting Wood Waste to Hydrogen

Retrieved on: 
Wednesday, December 15, 2021
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20211215005226/en/
    Located near Bakersfield, Calif., the Mote Hydrogen facility will be the worlds first carbon removal plant converting wood and agricultural biomass waste into green hydrogen.
  • (Photo: Business Wire)
    As the worlds first carbon removal project converting biomass to hydrogen, we are addressing the ever-growing demand for renewable hydrogen with a carbon-negative approach, says co-founder and CEO Mac Kennedy.
  • Our pioneered technology directly supports California in its carbon-neutrality goals by removing carbon dioxide from the atmosphere with our wood waste conversion process.
  • Mote is a private technology company focused on removing carbon from the air by making hydrogen from wood waste.

Babcock & Wilcox Enterprises Announces Closing of $140 Million Offering of Senior Notes Due 2026

Retrieved on: 
Tuesday, December 14, 2021

Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced that on December 13, 2021 it closed an underwritten public offering of $140 million aggregate principal amount of 6.50% senior notes due 2026 (the Senior Notes).

Key Points: 
  • Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced that on December 13, 2021 it closed an underwritten public offering of $140 million aggregate principal amount of 6.50% senior notes due 2026 (the Senior Notes).
  • B&W and the Senior Notes both received a rating of BB+ from Egan-Jones Ratings Company, an independent, unaffiliated rating agency.
  • The Senior Notes are expected to begin trading on NYSE under the symbol BWNB as early as December 17, 2021.
  • The offering resulted in net proceeds of approximately $134 million after deducting underwriting discounts and commissions, but before expenses.

California’s Clean Energy Economy is Booming, But Feeble Pace of Emissions Reductions Jeopardizes Climate Targets

Retrieved on: 
Tuesday, December 14, 2021

While Californias statewide emissions reductions in 2019 failed to keep pace with the dramatic reductions needed, the state did report strong jobs numbers within the clean energy sector an encouraging sign for the states economic future.

Key Points: 
  • While Californias statewide emissions reductions in 2019 failed to keep pace with the dramatic reductions needed, the state did report strong jobs numbers within the clean energy sector an encouraging sign for the states economic future.
  • The Index found that Californias economy has the highest concentration of clean jobs and green jobs in power generation in the nation, largely due to its investment in solar.
  • The Index found that despite meeting Californias target of 33% renewable energy by 2020, the overarching trends within the states power sectorwhich has historically delivered the bulk of Californias emissions reductionspaint a worrisome picture.
  • Our data show that Californias clean energy investments have paid incredible job dividends for our state.

Xebra Progressing Quickly with CBD and CBG in Mexico, with its First Mover Advantage Granted by the Supreme Court

Retrieved on: 
Friday, December 17, 2021

Xebra's wholly owned Mexican subsidiary, Desart MX, SA de CV ("Xebra Mexico"), has been granted an injunction by the Mexican Supreme Court, that has positioned it with an outright first-mover-advantage in the Mexican CBD and CBG market.

Key Points: 
  • Xebra's wholly owned Mexican subsidiary, Desart MX, SA de CV ("Xebra Mexico"), has been granted an injunction by the Mexican Supreme Court, that has positioned it with an outright first-mover-advantage in the Mexican CBD and CBG market.
  • Mexico is on a path to full cannabis legalization, likely in 2022, however Xebra's injunction does not depend on legalization.
  • In fact, the longer Mexico takes to legalize then the longer Xebra's first mover advantage will be.
  • Xebra is moving quickly to take advantage of its absolute first mover advantage.

Body and Mind Reports Q1 FY2022 Financial Results

Retrieved on: 
Thursday, December 16, 2021

Cultivation operations produced first flower with perpetual harvest operations established;

Key Points: 
  • Cultivation operations produced first flower with perpetual harvest operations established;
    First flower sold from Body and Mind cultivation operations.
  • The Michigan Body and Mind branded dispensary is nearing final inspection with an opening anticipated in the next several weeks.
  • About Body and Mind Inc.
    BaM is an operations focused multi-state operator investing in high quality medical and recreational cannabis cultivation, production and retail.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/body-and-mind-reports-q1-fy2022...
    SOURCE Body and Mind Inc.

Green Science Alliance Developed 100% Biomass Biodegradable Plastic with Sargassum

Retrieved on: 
Tuesday, December 14, 2021

Regarding plastic, they have developed 100 % nature biomass biodegradable plastic and many other nature bio-based chemicals such as biomass resin, biomass coating, biomass ink, etc.

Key Points: 
  • Regarding plastic, they have developed 100 % nature biomass biodegradable plastic and many other nature bio-based chemicals such as biomass resin, biomass coating, biomass ink, etc.
  • This time, Dr. Ryohei Mori at Green Science Alliance Co., Ltd. has developed biomass biodegradable plastic from Sargassum with the support of UNOPS startup program.
  • Green Science Alliance has succeeded in creating biomass biodegradable resin pellet and its molding products (spoon as example) from this sargassum waste.
  • Green Science Alliance is planning to build-up factory to manufacture this biomass biodegradable plastic from Sargassum waste by cooperating with investors, companies, etc.

AUDACIOUS To Enter New York Cannabis Market Through Partnership with First Americans of Saint Regis Mohawk Tribe

Retrieved on: 
Tuesday, December 14, 2021

"This is our first move into the New York state cannabis market, which with a population of approximately 20 million people represents a truly enormous opportunity.

Key Points: 
  • "This is our first move into the New York state cannabis market, which with a population of approximately 20 million people represents a truly enormous opportunity.
  • We are delighted to be partnering with First Americans to help develop a thriving cannabis operation in this high-traffic area of northern New York state," said Terry Booth, CEO of AUDACIOUS.
  • The first dispensary will be located immediately opposite the Akwesasne Mohawk Casino and Resort and its approximately 2.4 million annual visitors.
  • This is the approach AUDACIOUS takes in each of the states it operates and is one that fully bonds the AUDACIOUS relationship with First Americans and the Saint Regis Mohawk Tribe.

CSE Bulletin: Fundamental Change - Veritas Pharma Inc./Indigenous Bloom Hemp Corp.

Retrieved on: 
Friday, December 10, 2021

The common shares of Indigenous Bloom Hemp Corp., previously listed as Veritas Pharma Inc. (VRT) have been approved for listing on the CSE.

Key Points: 
  • The common shares of Indigenous Bloom Hemp Corp., previously listed as Veritas Pharma Inc. (VRT) have been approved for listing on the CSE.
  • Indigenous Bloom Hemp Corp., is engaged in the farming and cultivation of hemp biomass for third party processing to extract CBD oils, distillate or isolate.
  • Les actions ordinaires de Veritas Pharma faisaient auparavant l'objet d'un regroupement selon un ratio de 1 nouvelle action pour 2 anciennes actions, comme dcrit dans le Bulletin 2021-0848 Consolidation et reprise - Veritas Pharma Inc. (VRT) | CSE - Canadian Securities Exchange (thecse.com) .
  • Les actions ordinaires d'Indigenous Bloom Hemp Corp., prcdemment inscrites sous le nom de Veritas Pharma Inc. (VRT) ont t approuves pour inscription la CSE.

RWE Wins a 2021 S&P Platts Global Energy Award

Retrieved on: 
Friday, December 10, 2021

RWE Supply & Trading provides tailored energy solutions for large customers.

Key Points: 
  • RWE Supply & Trading provides tailored energy solutions for large customers.
  • At S&P Global Platts, we provide the insights; you make better informed trading and business decisions with confidence.
  • S&P Global Platts coverage includes oil and gas, power, petrochemicals, metals, agriculture and shipping.
  • S&P Global Platts is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for companies, governments and individuals to make decisions with confidence.

Vinson & Elkins Report Evaluates a Decade of Private Market Investment Trends in Renewable Energy

Retrieved on: 
Friday, December 10, 2021

Both factors will influence private equity investing, particularly in the overheated renewable and sustainable energy markets.

Key Points: 
  • Both factors will influence private equity investing, particularly in the overheated renewable and sustainable energy markets.
  • Venture capital investments in clean energy have already set a record in 2021, reaching an aggregate value of $24.1 billion.
  • The last decade in particular has seen a rapid increase in investment in both renewable and sustainable energy, generally, as well as the technologies driving this shift.
  • For more insights and to see the full report go to: https://www.velaw.com/insights/how-private-capital-is-shaping-the-energy...
    Vinson & Elkins has been guiding clients through the renewable and sustainable energy evolution since its beginning.