Biomass

ConTech expansion: new sustainable construction plant VMG Lignum Construction will supply €150 million of LVL and I-beams annually to the American, Australian, and European markets

Retrieved on: 
Thursday, February 8, 2024

The €100 million facility for structural engineering timber materials is located in the Akmenė Free Economic Zone .

Key Points: 
  • The €100 million facility for structural engineering timber materials is located in the Akmenė Free Economic Zone .
  • The VMG Lignum Construction factory has the annual capacity to produce 120,000 cubic meters of laminated veneer lumber (LVL), 15 million meters of I-joists and 200,000 cubic meters of structural particle boards.
  • It will thereby enable faster development of sustainable and climate-friendly work on both new construction and panelised serial renovation projects.
  • According to Global Wood Markets Info (GWMI), the European market for mass timber-based multi-storey buildings is growing at a pace of roughly 8% a year.

EQS-News: Q2 2023/24: Verbio holds its own in a volatile market environment

Retrieved on: 
Thursday, February 8, 2024

In doing so Verbio generated Group revenue of EUR 908.9 million in the 1 HY 2023/24 (1 HY 2022/23: EUR 1,077.7 million).

Key Points: 
  • In doing so Verbio generated Group revenue of EUR 908.9 million in the 1 HY 2023/24 (1 HY 2022/23: EUR 1,077.7 million).
  • In addition, Verbio was able to increase the production volume of biomethane to 275.9 GWh in Q2 2023/24, from 261.1 GWh in Q2 2022/23.
  • As a result, Verbio generated an EBITDA of EUR -5.2 million (Q2 2022/23: EUR 1.7 million).
  • Verbio invested EUR 54.2 million in property, plant and equipment in the second quarter of 2023/24 (Q2 2022/23: EUR 52.0 million).

Corporate Energy Partner Carl von Merz Joins Hunton Andrews Kurth in Houston

Retrieved on: 
Wednesday, February 7, 2024

HOUSTON, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Carl von Merz, a highly regarded corporate attorney with two decades of experience advising on large scale energy industry transactions, has joined Hunton Andrews Kurth LLP in Houston, where he will serve as head of the firm’s U.S. Oil and Gas practice.

Key Points: 
  • HOUSTON, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Carl von Merz, a highly regarded corporate attorney with two decades of experience advising on large scale energy industry transactions, has joined Hunton Andrews Kurth LLP in Houston, where he will serve as head of the firm’s U.S. Oil and Gas practice.
  • “We are thrilled to welcome Carl to the firm.”
    “Carl also brings valuable experience in the energy transition space, which remains a key driver for legal services in Texas and across the country,” added Hunton Andrews Kurth corporate partner Ian Goldberg .
  • Von Merz joins Hunton Andrews Kurth from Mayer Brown LLP, where he served as leader of the firm’s Houston Corporate Practice and head of its U.S. Upstream Energy Practice.
  • Hunton Andrews Kurth’s integrated, multidisciplinary energy team advises on every facet of the energy landscape.

Clean Energy Technologies Affiliate Announces Favorable Order from Maine Public Utilities Commission

Retrieved on: 
Wednesday, February 7, 2024

IRVINE, CA., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Clean Energy Technologies, Inc. (NASDAQ: CETY), a clean energy manufacturing and services company, offering eco-friendly green energy solutions, clean energy fuels, and alternative electric power for small and mid-sized projects in North America, Europe, and Asia announced today that Vermont Renewable Gas, LLC (VRG), an affiliate limited liability company, has received a favorable order from the State of Maine Public Utilities Commission (PUC).

Key Points: 
  • IRVINE, CA., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Clean Energy Technologies, Inc. (NASDAQ: CETY), a clean energy manufacturing and services company, offering eco-friendly green energy solutions, clean energy fuels, and alternative electric power for small and mid-sized projects in North America, Europe, and Asia announced today that Vermont Renewable Gas, LLC (VRG), an affiliate limited liability company, has received a favorable order from the State of Maine Public Utilities Commission (PUC).
  • The order grants New Renewable Resource Certification status for VRG – Lyndon, a 2.2 MW biogas generator facility under development in Lyndonville, Vermont.
  • The PUC’s decision allows VRG to participate in the trading of Renewable Energy Certificates within the state’s market.
  • CETY is focused on HTAP for transforming industrial, municipal, landfill, agricultural, and forestry waste into clean energy, aligning with the growing investment in clean energy solutions for commercial, industrial, and municipal sectors.

RBio Energy Corporation to Become a Public Company through a Business Combination with Perception Capital Corp. III

Retrieved on: 
Wednesday, February 7, 2024

ABERDEEN, Wash. and NEW YORK, Feb. 07, 2024 (GLOBE NEWSWIRE) -- RBio Energy Corporation, which plans to develop clean energy projects (“RBio Energy”) and Perception Capital Corp. III., a special purpose acquisition company (Nasdaq: PFTA, PFTAW and PFTAU) (“Perception”), today announced they have entered into a definitive business combination agreement that would result in RBio Energy becoming a publicly traded company (the “Transaction”). Perception currently has over $42 million of cash in the trust account established in connection with its initial public offering for the benefit of its shareholders. Under the terms of the business combination agreement, the holders of the outstanding shares of RBio Energy will receive equity in Perception valued at approximately $350 million, subject to adjustments.

Key Points: 
  • III., a special purpose acquisition company (Nasdaq: PFTA, PFTAW and PFTAU) (“Perception”), today announced they have entered into a definitive business combination agreement that would result in RBio Energy becoming a publicly traded company (the “Transaction”).
  • Under the terms of the business combination agreement, the holders of the outstanding shares of RBio Energy will receive equity in Perception valued at approximately $350 million, subject to adjustments.
  • In addition, RBio Energy intends to build out an industry consolidation platform to acquire assets and invest capital for growth.
  • “We expect this Transaction to unlock a rich lineup of opportunities for RBio Energy,” said Richard Bassett, Chairman and Chief Executive Officer of RBio Energy.

Fuel Tech Publishes White Paper on Positive Effects of Its Dissolved Gas Infusion Technology in an Aquaculture Setting

Retrieved on: 
Tuesday, February 6, 2024

Dissolved Gas Infusion (DGI®) Technology for the Royal Caridea Aquaculture Raceway , suggests that the use of DGI® to reliably dose and maintain dissolved oxygen levels can dramatically increase total production compared with traditional aeration methods.

Key Points: 
  • Dissolved Gas Infusion (DGI®) Technology for the Royal Caridea Aquaculture Raceway , suggests that the use of DGI® to reliably dose and maintain dissolved oxygen levels can dramatically increase total production compared with traditional aeration methods.
  • Shrimp farm technology provider Royal Caridea worked closely with Fuel Tech on a trial to determine the effects of growing Pacific whiteleg shrimp (Litopenaeus Vannamei) in a raceway system using the Company’s patented DGI® gas infusion system.
  • In the second growth cycle, Fuel Tech’s DGI® technology was used to provide DO concentrations at 150% of atmospheric saturation.
  • The validation testing white paper showed that DGI delivers greater than 99% transfer of oxygen when applied to a treated body of water.

Boiler Control Market to Reach US$ 4.5 Billion by 2034, Driven by Renewable Energy and Energy Efficiency

Retrieved on: 
Tuesday, February 6, 2024

NEWARK, Del., Feb. 6, 2024 /PRNewswire/ -- By 2034, the size of the worldwide boiler control market is projected to reach a valuation of around US$ 4.5 billion. In 2024, its estimated worth will be US$ 2.3 billion. The market is anticipated to expand at a compound annual growth rate (CAGR) of 7.1% from 2024 to 2034.

Key Points: 
  • Future Market Insights, Inc.'s latest report unveils a promising future for the boiler control market, driven by a confluence of sustainability efforts and technological advancements.
  • NEWARK, Del., Feb. 6, 2024 /PRNewswire/ -- By 2034, the size of the worldwide boiler control market is projected to reach a valuation of around US$ 4.5 billion.
  • Request Exclusive Sample Report: Boiler Control Industry Strategic Insights, https://www.futuremarketinsights.com/reports/sample/rep-gb-18939
    Growth is expected to be fueled by the increasing use of renewable energy sources for power generation in Asia Pacific and Europe.
  • The global boiler control market is anticipated to witness a CAGR of 7.1% in the evaluation period.

Boiler Control Market to Reach US$ 4.5 Billion by 2034, Driven by Renewable Energy and Energy Efficiency

Retrieved on: 
Tuesday, February 6, 2024

NEWARK, Del., Feb. 6, 2024 /PRNewswire/ -- By 2034, the size of the worldwide boiler control market is projected to reach a valuation of around US$ 4.5 billion. In 2024, its estimated worth will be US$ 2.3 billion. The market is anticipated to expand at a compound annual growth rate (CAGR) of 7.1% from 2024 to 2034.

Key Points: 
  • Future Market Insights, Inc.'s latest report unveils a promising future for the boiler control market, driven by a confluence of sustainability efforts and technological advancements.
  • NEWARK, Del., Feb. 6, 2024 /PRNewswire/ -- By 2034, the size of the worldwide boiler control market is projected to reach a valuation of around US$ 4.5 billion.
  • Request Exclusive Sample Report: Boiler Control Industry Strategic Insights, https://www.futuremarketinsights.com/reports/sample/rep-gb-18939
    Growth is expected to be fueled by the increasing use of renewable energy sources for power generation in Asia Pacific and Europe.
  • The global boiler control market is anticipated to witness a CAGR of 7.1% in the evaluation period.

Grain Ecosystem Strengthens Carbon Removal Community Through Strategic Partnerships

Retrieved on: 
Tuesday, February 6, 2024

Grain has formed a partnership with GECA Environnement (GECA) to enhance the experience for project developers and streamline the process for investors in allocating capital to Carbon Dioxide Removal (CDR) projects.

Key Points: 
  • Grain has formed a partnership with GECA Environnement (GECA) to enhance the experience for project developers and streamline the process for investors in allocating capital to Carbon Dioxide Removal (CDR) projects.
  • The Grain platform enables our project partners to quickly understand their opportunity to build a carbon removal project and connect with investors."
  • We take pride in sustaining our partnership with Grain in this crucial mission," echoed Joseph Kochanski, Head of Operations for the Americas at Puro.Earth
    These partnerships underscore Grain Ecosystem's commitment to building a supportive and dynamic ecosystem for carbon removal initiatives.
  • Through our technology and ecosystem partners, Grain aims to empower investors and project developers with the tools and resources needed to drive meaningful and impactful carbon removal projects, all in one place.

Kao Rated Triple-A for Climate Change, Water Security, and Forests for Fourth Consecutive Year by CDP

Retrieved on: 
Tuesday, February 6, 2024

Kao, a leading manufacturer of personal care, household, and cosmetics products, received the highest triple-A score for its sustainability initiatives involving climate change, forests, and water security.

Key Points: 
  • Kao, a leading manufacturer of personal care, household, and cosmetics products, received the highest triple-A score for its sustainability initiatives involving climate change, forests, and water security.
  • More than 21,000 firms were evaluated for the ‘A List’, with only 10 selected for inclusion across the three categories.
  • Kao has now been included in the Climate Change ‘A List’ for the fifth time, the Forests ‘A List’ for the fourth time, and the Water Security ‘A List’ for the seventh time.
  • In the forests area, Kao has created a “Palm Oil Dashboard” on its website, which provides information on its palm oil procurement activities.