FEED

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

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.

Avina Unveils Plans for Cutting-Edge Sustainable Aviation Fuel Plant in the Midwest, Forges Alliance for Low-Carbon Ethanol Supply

Retrieved on: 
Wednesday, April 3, 2024

The SAF produced will have significantly reduced life cycle carbon emissions compared to conventional jet fuel.

Key Points: 
  • The SAF produced will have significantly reduced life cycle carbon emissions compared to conventional jet fuel.
  • Preliminary Front End Engineering Design (Pre-FEED) for the project is complete and FEED is expected to kick off in Q2 2024.
  • Avina is proactively collaborating with airline customers and other stakeholders to play a key role in meeting this target.
  • Sustainable Aviation Fuels are critical to decarbonizing the aviation sector and the Ethanol-to-Jet production pathway is the most immediate, cost-effective, and scalable option for aviation decarbonization.

Vast Renewables Limited Announces Operational and Financial Results for First Half of Fiscal 2024

Retrieved on: 
Thursday, March 28, 2024

SYDNEY, Australia, March 28, 2024 (GLOBE NEWSWIRE) -- Vast Renewables Limited (“Vast” or the “Company”) (Nasdaq: VSTE), a renewable energy company specializing in concentrated solar thermal power (“CSP”) energy systems that generate zero-carbon, utility-scale electricity and industrial process heat today announced operational and financial results for the first half of the Company’s fiscal 2024, comprising the six months ended December 31, 2023.

Key Points: 
  • During the first half of fiscal year 2024, Vast announced several funding commitments from strategic partners.
  • “The support Vast has received from our strategic partners has been very meaningful to the progress of our company, both from a financial as well as operational standpoint,” said Craig Wood, CEO of Vast.
  • During the first half of fiscal year 2024, Vast continued to make progress on its first utility-scale project for power generation, known as VS1, located in Port Augusta in South Australia.
  • As of December 31, 2023, Vast had total diluted common shares outstanding of 29,291,884.

Euro Manganese Receives Approval of Environmental and Social Impact Assessment for Chvaletice Manganese Project and Appoints Project Director

Retrieved on: 
Wednesday, March 27, 2024

VANCOUVER, British Columbia, March 27, 2024 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to announce it has received approval of the Environmental and Social Impact Assessment ("ESIA") for the Chvaletice Manganese Project ("Chvaletice Project" or the "Project") from the Czech Ministry of Environment.

Key Points: 
  • VANCOUVER, British Columbia, March 27, 2024 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to announce it has received approval of the Environmental and Social Impact Assessment ("ESIA") for the Chvaletice Manganese Project ("Chvaletice Project" or the "Project") from the Czech Ministry of Environment.
  • In addition, the Company is pleased to appoint Mr. Tim Kindred, an experienced, large-scale project delivery professional, as Project Director for the Chvaletice Project.
  • Mr. Tim Kindred recently joined the Company as Project Director for the Chvaletice Project.
  • Dr. Matthew James, President & CEO of Euro Manganese, commented:
    “Approval of the Environmental and Social Impact Assessment for the Chvaletice Project is a major permitting and project milestone.

U.S. DOE Selects Heidelberg Materials’ New Cement Plant in Mitchell, Indiana for Industrial Demonstrations Program Funding

Retrieved on: 
Monday, March 25, 2024

The purpose of this project is to advance the integration of full-scale carbon capture, transport, and storage at the new state-of-the-art cement plant in Mitchell, Indiana.

Key Points: 
  • The purpose of this project is to advance the integration of full-scale carbon capture, transport, and storage at the new state-of-the-art cement plant in Mitchell, Indiana.
  • The funding will build on prior funding that has been awarded by the DOE toward successfully completing the Front-End Engineering and Design (FEED) work necessary to verify the project’s technical feasibility.
  • The application was submitted in 2023, and Heidelberg Materials will participate in substantial cost share that will leverage up to $500M in DOE project funding.
  • “Thanks to President Biden’s industrial strategy, DOE is making the largest investment in industrial decarbonization in the history of the United States.

VAALCO Energy, Inc. Announces Finalization of Agreements in Equatorial Guinea

Retrieved on: 
Monday, March 25, 2024

The Block P Production Sharing Contract (“PSC”) provides for a development and production period of 25 years from the date of approval of the POD.

Key Points: 
  • The Block P Production Sharing Contract (“PSC”) provides for a development and production period of 25 years from the date of approval of the POD.
  • George Maxwell, VAALCO’s Chief Executive Officer, commented, “With final documents for Block P signed, we are very excited to proceed with our plans to develop, operate, and begin producing from the discovery in Block P offshore Equatorial Guinea over the next few years.
  • We anticipate the completion of the FEED study will lead to an economic Final Investment Decision or “FID” which will enable the development of the Venus POD.
  • The Block P development will further enhance our portfolio by adding yet another strong producing asset to VAALCO’s global portfolio.

SOPERIOR FERTILIZER PREPARING OBA SUBMISSION

Retrieved on: 
Friday, March 22, 2024

Toronto, ON, Canada, March 22, 2024 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (the “Company” or “SOP”) (NEX:SOP.H).

Key Points: 
  • Toronto, ON, Canada, March 22, 2024 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (the “Company” or “SOP”) (NEX:SOP.H).
  • The Company informs that its existing 10-year Other Business Arrangement (“OBA”) with the School and Institutional Trust Lands Administration (“SITLA”) for the Blawn Mountain mineral leases expires on April 1, 2024.
  • SOP is engaged with the regulator and working on its submission for a renewed OBA.
  • Depending on the duration of the SITLA review process, it is expected that the OBA will be tabled for approval at one of those two meetings.

Standard Lithium Installs Commercial DLE Column at Demonstration Plant

Retrieved on: 
Wednesday, March 13, 2024

EL DORADO, Ark., March 13, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, is pleased to announce that it has successfully installed a commercial-scale Direct Lithium Extraction (“DLE”) column at its Demonstration Plant near El Dorado, Arkansas.

Key Points: 
  • EL DORADO, Ark., March 13, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, is pleased to announce that it has successfully installed a commercial-scale Direct Lithium Extraction (“DLE”) column at its Demonstration Plant near El Dorado, Arkansas.
  • The column has been installed and integrated with the Company’s existing Demonstration Plant to test and derisk the design for commercial applications of the LiPRO™ LSS technology.
  • Standard Lithium’s Director, President & COO, Dr. Andy Robinson commented, “this is an important derisking milestone for Standard Lithium and our partners.
  • With the commercial-scale LSS column, we can continuously test real brine from the Smackover at a commercial level.”
    Figure 1 – Commercial-scale DLE column installed at Standard Lithium’s Demonstration Plant near El Dorado, Arkansas.

Babcock & Wilcox Enterprises Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, March 14, 2024

Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced results for the fourth quarter and full year 2023.

Key Points: 
  • Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced results for the fourth quarter and full year 2023.
  • Babcock & Wilcox Renewable segment revenues were $62.2 million for the fourth quarter of 2023, a decrease of 33% compared to $92.2 million in the fourth quarter of 2022.
  • Babcock & Wilcox Environmental segment revenues were $68.4 million in the fourth quarter of 2023, an increase of 58% compared to $43.2 million in the fourth quarter of 2022.
  • Babcock & Wilcox Thermal segment revenues were $115.0 million in the fourth quarter of 2023, an increase of 9% compared to $105.2 million in the fourth quarter of 2022.

NextDecade Provides Fourth Quarter 2023 Business Update

Retrieved on: 
Monday, March 11, 2024

NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) today provided an update on developmental and strategic activities for the fourth quarter 2023 and early 2024.

Key Points: 
  • NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) today provided an update on developmental and strategic activities for the fourth quarter 2023 and early 2024.
  • "We are committed to maximizing long-term value for NextDecade's shareholders by executing our business strategy efficiently and effectively," said Matt Schatzman, NextDecade's Chairman and Chief Executive Officer.
  • With regulatory approvals in place, our Train 4 and 5 expansion capacity is well-positioned to meet growing global demand for LNG.
  • NextDecade has posted an updated investor presentation to its website concurrently with this release.