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RWE's FUREC project, which aims to produce circular and green hydrogen from non-recyclable municipal solid waste in Limburg, the Netherlands, received a €108-million grant from the EU’s Innovation Fund. FUREC receives funding from the EU Innovation Fund, which is 100% financed by the EU Emissions Trading System (ETS). textiles, paper).
The Mayor of London, Boris Johnson, announced an innovative fund totalling at least £70 million (US$114 million) which will finance low carbonwaste and recycling infrastructure. The London Green Fund is the first UK fund to combine European, public and private finance to invest in environmental infrastructure.
The plant will feature SGH2’s technology, which will gasify recycled mixed paper waste to produce green hydrogen that reduces carbon emissions by two to three times more than green hydrogen produced using electrolysis and renewable energy, and is five to seven times cheaper. —Lancaster Mayor R. Rex Parris.
Waste gases-to-fuels and -chemicals technology company LanzaTech has closed on $15 million in debt financing from Western Technology Investment (WTI), a private investment firm based in Silicon Valley. Earlier this year, LanzaTech closed a $55.8-million
A newly released GE study — Flare Gas Reduction: Recent Global Trends and Policy Considerations —estimates that 5% of the world’s natural gas production is wasted by burning or “flaring” unused gas each year, despite some progress on the flaring issue. Click to enlarge.
to Fulcrum Sierra Biofuels, LLC to build a biorefinery to produce jet fuel from municipal solid waste (MSW) via a proprietary two-stage thermochemical process. The cleaned syngas is them processed through an amine system to capture and remove sulfur and carbon dioxide. Earlier post.). which received a $12.8-million
Start-up Liquid Light, a developer of process technology to make major chemicals from low-cost, globally-abundant carbon dioxide ( earlier post ), has closed a $15-million Series B financing. The financing was completed at a significant increase in company valuation.
The waste plastics to hydrocarbon fuels liquefaction technology is based on pyrolysis and distillation. The objective of the new agreement is to build 10 UK plants dealing with 60,000 tonnes of mixed plastic waste per year and to commission the first plant in London by end 2011. Cynar system. A hat-tip to Harold!).
The financing round will enable the company to scale from the batch processing of materials to commercial roll-to-roll production. Synthetic polyurethane-based leathers require around 5 kg carbon dioxide equivalent per kg of synthetic polymer produced. waste’ cork powder). waste’ cork powder).
Cool Planet Energy Systems, a renewable fuels and biochar company ( earlier post ), closed on its targeted $100 million Series D financing. Carbon Capture: Once the useful components for fuel have been removed, the biofractionation captures the leftover plant matter in a solid carbon form called biochar.
R33 Blue Gasoline and R33 Blue Diesel consist of one-third renewable components, based exclusively on residual and waste materials. By financing certified environmental projects, fuel producers do more to improve the environmental impact of the remaining fossil components in R33 fuels.
INEOS Bio announced that its joint-venture project, INEOS New Planet BioEnergy (INPB), has finalized $75 million in private financing utilizing the US Department of Agriculture (USDA) loan guarantee program for its new Indian River BioEnergy Center located in Florida. Earlier post.) The INEOS Bio process has three main steps: Gasification.
million in additional financing from several investors, including the Iowa, Minnesota, Kansas and Illinois Corn Growers Associations. Historically, clean-burning fuels, and those that are easy to make from waste CO 2 streams or syngas, have failed to ignite using MCCI.
Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,
Cost of carbon abated for transport applications. via the gasification of biomass waste—into methane. Feedstocks can include more durable material such as woody biomass and wastes that are not broken down in traditional anaerobic digester plants. Carbon savings. Cost of carbon abated. Click to enlarge.
degrees Celsius compared with pre-industrial levels, Renault Trucks is committed to gradually electrifying its fleet to become carbon-neutral within 30 years. Battery-electric and fuel cell electric power will be crucial to achieve this major transformation towards carbon-free transport. tractor and construction version from 2023.
Velocys has engaged the global leading project finance bank, Sumitomo Mitsui Banking Corporation (SMBC), as the lender of record and as its financial advisor. The site will be home to a biorefinery that will use Velocys’ technology to produce low-carbon transportation fuels from the wood wastes of lumber operations and tree plantations.
Waste with energy potential. Projects that focus on urban cleaning and the use of waste deposits to generate energy in metropolitan regions, including cities that will host the 2014 FIFA World Cup. Vegetal charcoal. Projects that improve energy efficiency through the production of vegetal charcoal.
The partners said the project will demonstrate the added value of recycling waste streams, not only by reducing emissions at source, hence reducing ArcelorMittal’s direct carbon footprint, but by keeping fossil fuels in the ground through the production of commodity chemicals and fuels that would otherwise be made from oil.
Aemetis awarded an engineering services contract to Worley for the Aemetis ‘Carbon Zero’ renewable jet and diesel plant in Riverbank, California. The Aemetis Carbon Zero renewable jet and diesel project is designed to hydrotreat renewable oils with hydrogen from orchard and forest wood waste. Earlier post.)
Shockwave is financing its equipment required for this multi-million dollar project and is providing certain performance guarantees for the Shockwave Process. We are committed to low-carbon intensity fuels as well as value-added products that can go into the food chain. Patrick Gruber, Gevo CEO.
LanzaTech’s carbon capture and utilization technology provides a capital-efficient and cost-effective alternative to traditional carbon capture and storage (CCS). Led by Mitsui & Co. with a $20M investment, the round includes new investors Siemens via its Venture Capital unit (SFS VC), CICC Growth Capital Fund I, L.P.
Novo Holdings is making a $72-million investment in the company in a Series E financing, and Senior Director Anders Bendsen Spohr will join LanzaTech’s Board of Directors. This locks carbon into a cycle and supports a transition to a circular economy.
In a deal brokered by the city’s newly commissioned Citizens Environmental Task Force, Exxon/Mobil, owners of the Exxon/Mobil Refinery in the City of Torrance agreed today to fund a bond that will make low cost financing of solar energy systems for home and apartment owners. 4. Waste & Recycling. Mission of Task Force.
As the battery arm of global green tech company Envision Group, it will invest up to €2 billion to produce latest technology, cost-competitive, low-carbon and safe batteries for electric models, including the future R5. Due to this partnership, Envision AESC forecasts 2,500 new jobs by 2030.
Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.
has successfully demonstrated the conversion of municipal solid waste (MSW)—household garbage—into jet and diesel fuels. For that process, Fulcrum uses a two-stage thermochemical process involving gasification of municipal solid waste (MSW) followed by the catalytic conversion of the syngas to ethanol. Earlier post.).
has awarded an engineering services contract to Worley for the Aemetis “Carbon Zero” renewable jet and diesel plant in Riverbank, California. The Aemetis Carbon Zero renewable jet and diesel project is designed to hydrotreat renewable oils with hydrogen from orchard and forest wood waste. Aemetis, Inc.
Waste-to-biogas company Anaergia Inc. Biogenic carbon dioxide is carbon dioxide that is released during the decomposition of organic matter such as food waste. All Anaergia plants use organic waste material to produce biogas, which is composed of methane and carbon dioxide.
Second, the US Department of Agriculture proposed a rule on the Biomass Crop Assistance Program (BCAP) that would provide financing to increase the conversion of biomass to bioenergy. If we can develop the technology to capture the carbon pollution released by coal, it can create jobs and provide energy well into the future.
BMW i Ventures announced a lead investment in the Series A-1 financing round of Vancouver-based Mangrove Lithium. The company has developed a modular platform producing battery-grade lithium hydroxide and carbonate from diverse input streams and assets to improve the sustainability profile of lithium.
LanzaJet, a sustainable fuels technology company and renewable fuels producer, has secured financing for its Freedom Pines Fuels plant in Soperton, Georgia ( earlier post ), through the Microsoft Climate Innovation Fund. LanzaJet produces SAF and renewable diesel from low-carbon, sustainable ethanol sources.
At each successive processing stage, the biomass is heated to a higher temperature profile and the material is compacted to a thinner layer with an increasing level of elemental carbon in the remaining biomass. This excess carbon is highly porous and has beneficial water and nutrient retaining capabilities. Earlier post.).
MEK, Butadiene) from industrial waste gases, has signed a memorandum of understanding with one of the largest coal producers in China, Henan Coal and Chemical Industrial Corporation, to build a demonstration plant to produce ethanol and chemicals via LanzaTech’s fermentation process using syngas resulting from the gasification of coal.
The facility will convert more than 500,000 metric tonnes of waste biomass feedstock into synthesis gas (BioSynGas) every year, using Solena’s proprietary plasma gasification technology. A carbon-based catalyst is used to enhance gasification in the bed above the torches. The Solena Group, Inc., Earlier post.). Do, CEO of Solena.
announced that its subsidiary SoCal Biomethane will supply renewable natural gas (RNG) as facilitated by renewable fuels marketer Anew Climate to FuelCell Energy’s Tri-gen system to produce carbon-negative hydrogen and electricity for Toyota Motor North America, Inc.’s Anaergia Inc. The fuel cells will also produce a net 2.3
JetBlue will offset carbon dioxide emissions from jet fuel for all domestic JetBlue flights beginning in July 2020, making it the first major US airline to take this measurable step toward reducing its contribution to global warming. Neste MY Renewable Jet Fuel is produced 100% from waste and residue raw materials.
The agreement covers the purchase by Southwest of an expected 219 million gallons of negative-carbon-intensity SAF at a fixed price, over a fifteen-year term starting as early as 2026, when the biorefinery is scheduled to begin commercial delivery of fuel. million tonnes of avoided CO 2 over the term of the contract. Bayou Fuels.
In addition, truck fleets financed or purchased through Zero Now will be able to purchase Redeem fuel with a fixed discount to diesel at a significant spread. RNG reduces climate pollutants such as greenhouse gas, which takes carbon emissions completely out of trucking. Redeem is the first commercially available RNG vehicle fuel.
N th Cycle extracts cobalt, nickel and other critical battery metals from discarded batteries, e-waste and mining waste to make new batteries using a new technology that’s cheaper and more efficient than conventional methods. million seed financing led by climate tech venture capital firms Clean Energy Ventures and Energy Foundry.
Launched at the Rio+20 summit in Brazil, the Global Initiative for Resource-Efficient Cities is intended to work with local and national governments, the private sector and civil society groups to promote energy efficient buildings, efficient water use, sustainable waste management and other activities.
Ammonia is just one of the pathways towards zero-carbon emitting vessels. Ammonia is a carbon-free fuel and can be produced from renewable electricity. The energy conversion rate of this system is higher than that of biomaterial-based systems, but the production pathway cannot tap into potential energy sources such as waste biomass.
The solicitation was designed as a call for early-stage clean energy innovations that fall within five defined technology areas: energy efficiency; energy storage; AI/machine learning; advanced power electronics/power conditioning; and zero- and negative-carbon emission generation.
New Zealand-based waste gas and syngas to fuels company LanzaTech ( earlier post ) has attracted US$18 million in Series B financing from investors led by China-focused venture capital firm Qiming Ventures. LanzaTech uses proprietary bacteria to convert industrial waste gases into fuels and chemicals. Gary Reischel. Köpke et al.
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