News

Sweetman Renewables is targeting the biomass and green hydrogen sectors with a $4 million (€2.48 million) pre-IPO capital raising ahead of its debut on the Australian Securities Exchange (ASX) later this year. Unlike most proposed new entrants to the ASX, Sweetman has a ‘massive advantage’ in the form of a profitable 100-year-old sawmill business that has long-term off-take contracts in…
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East Fraser Fiber Company (EFF) has received close to $615,000 (€413,000) from the Forest Enhancement Society of BC (FESBC) to recover low-quality fibre. The funding is helping to support jobs in Mackenzie, BC, and recover close to 30,000 cubic metres (m3) of low-quality fibre that would otherwise not have been used. Extracting as much useable fibre from a block and not burning it at the…
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UK-based Carbon Clean has raised $8 million (€6.7 million) from new investor CEMEX and existing investors Equinor Ventures, ICOS Capital, and WAVE Equity Partners. The company, which specialises in carbon capture and separation technology, said the capital raise extends its successful $22 million (€18.5 million) Series B investment round announced in July 2020, bringing the total value to…
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As the shipping industry accelerates its efforts to meet the International Maritime Organisation’s decarbonisation targets, a growing number of organisations are looking to bio-LNG — an increasingly recognised ‘sustainable fuel’ with untapped greenhouse gas emissions reduction potential. Greenhouse gas (GHG) emissions reduction is not a new conversation for the shipping industry, but…
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FirstBio2Shipping, working with Attero BV and Bio-LNG Hub Wilp, has received funding from the European Commission to develop bio-LNG as a marine fuel. The project aims to decarbonise the maritime sector by demonstrating the first industrial plant producing renewable, low-carbon bio-liquefied natural gas ‘in a standardised and scalable fashion’, enabling the cost-effective substitution of…
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Enviva has reported strong quarterly results and shared an update on its plant expansion projects in the US South. The company reported a net revenue of $285 million (€239 million) in Q2 2021, a 70% increase compared to the same period in 2020. With the commissioning and expansion of pellet facilities in the US underway, Enviva’s chairman and CEO, John Keppler, said the firm is…
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Cresta Fund Management (Cresta) and LF BiOenergy have joined forces to develop, own and operate RNG production facilities in the US. LF BiOenergy has extensive experience in RNG and agriculture industry relationships, while Cresta is a growth-oriented private equity firm investing in sustainable and conventional energy and industrial infrastructure. LF’s RNG facilities will reduce…
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A new biogas project by Innovating Energy in New South Wales, Australia will be operational in 12-14 months. The project in Nowra will use manure food waste to generate electricity, according to a report by Farm Online National. Federal Minister for Energy and Emissions Reduction, Angus Taylor, visited the site of the biogas plant in Shoalhaven on 27 July and spoke with local dairy farmers.…
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Green Genius has started building its first biogas plant in Poland, with the support of Bank Pekao. At the beginning of May, Green Genius, an international company with years of experience in developing renewable energy projects, started construction on the PLN 26 million (€5.69 million) project. The new plant is being built in the village of Turowiec in south-eastern Poland and will…
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CNG Fuels has opened a new low-carbon heavy-goods vehicle (HGV) refuelling station in Nottinghamshire, UK, allowing vehicles to run on 100% biomethane. The announcement comes as the UK Government sets out plans to ban the sale of new petrol and diesel HGVs from 2040 under its transport decarbonisation plan. CNG fuels already operates six stations across the UK and plans to open an…
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UK water company Anglian Water said it will maximise the value of biogas as part of its route to reach net zero by 2030. The target will cover all of the firm’s operational activities and those of its supply chain, as well as a commitment to cut capital carbon by 70% against a 2010 baseline. Under the plans, Anglian Water plans  maximise the value of biogas by upgrading to biomethane and…
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UK gas distribution company SGN has partnered with Vital Energi to develop low- and zero-carbon heat networks. Under the ‘ground-breaking’ 50:50 joint venture, SGN and renewable energy solutions provider Vital Energi will develop, own and operate low- and zero-carbon heat networks. The joint venture will create an Energy Services Company, representing the UK’s leaders in utility…
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Drax Group has cut the carbon emissions from its power generation by over 90% in less than a decade, the company reported in its half-year results. With this reduction, Drax has become one of Europe’s lowest-carbon intensity power generators, moving it closer to achieving its ambition to be carbon negative by 2030. Formerly the largest coal power station in Western Europe, Drax has this…
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Waga Energy and Veolia have joined forces again for their fourth biomethane injection project. Veolia, specialising in optimised resource management and Waga Energy, a European leader in recovering gas from landfill waste in the form of biomethane, will recover gas from the Chatuzange energy storage centre in southeastern France. This is the fourth renewable gas injection project launched…
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