Jun 25, 2024
Neustark raises $69 million for CDR market scale-up activity
Biomass News
Jun 25, 2024
Copenhagen Infrastructure Partners (CIP) has agreed to divest its UK biomass facility Kent Renewable Energy Plant to Greenvolt, a Portugal-based company.
The deal was made via CIP's Flagship Fund Copenhagen Infrastructure II K/S (CI II), and Burmeister & Wain Scandinavian Contractor (BWSC).
The transaction is expected to close by October 2024.
CI II, BWSC and original... [Read More]
Other News
Jun 24, 2024
bp has agreed to acquire Bunge’s 50% holding interest in its bp Bunge Bioenergia S.A. joint venture, one of Brazil’s leading biofuels-producing companies.
Upon completion, bp will become sole owner of the industrial-scale sugarcane and ethanol business, which bp said will enable it to accelerate value creation through integration with bp’s trading and technology... [Read More]
Biomass News
Jun 24, 2024
Clean energy developer New Energy Blue and construction firm ARCO/Murray have announced a partnership to build out the New Energy Biomass Refinery-designed platform across the US Midwest.
ARCO/Murray will construct the flagship New Energy Freedom biomass refinery in Mason City, Iowa, to process corn stalks into second-generation fuel ethanol and clean lignin at large... [Read More]
Biomass News
Jun 24, 2024
Germany's Federal Network Agency had allocated 240 MW of biomass plant projects out to tender in its latest round, which was 'significantly oversubscribed', leading to a decrease in average prices.
The regulatory authority received 788 bids with a total volume of 742 MW. The awarded projects came to 263, with 257 of these relating to operational plants.
The values of... [Read More]
Biomass News
Jun 21, 2024
The Butte County Fire Safe Council and Ecostrat have announced the issue of an investment grade BDO Zone ‘BBB’ Rating for Woody Biomass.
The Butte County BDO Zone is the first ‘BBB’ rating in the State of California and extends a 75-mile drive distance from the centre point in Oroville, CA.
Butte County’s BDO Zone ‘BBB’ rating denotes good prospective viability... [Read More]
Biogas News
Jun 21, 2024
Biokraft, a leading player in Nordic biogas production, has signed an exclusive land agreement with the industrial group Perstorp, allowing the producer to design a biogas plant at the Group's industrial park in Perstorp, Sweden.
The plant's capacity is planned to be 130 GWh of biomethane and 17,000 tonnes of liquid CO2 per year and is expected to be completed in 2027.
Biokraft's... [Read More]
Biogas News
Jun 21, 2024
Heygaz Biomethane, the European platform created by Infravia Capital Partners, has signed an agreement to acquire Irish biogas and biomethane producer Ormonde Organics.
With this acquisition, Heygaz strengthens its strategy to consolidate a European portfolio of biomethane production plants in markets with high growth potential, according to the organisation.
Following... [Read More]
Other News
Jun 20, 2024
Palisade Real Assets has announced several significant transactions supporting the continued growth of its UK-focused bioenergy fund, BioticNRG.
Palisade Real Assets has signed an initial capital commitment from European asset manager APG Asset Management (acting on behalf of its pension fund client ABP) to BioticNRG.
The significant mandate bolsters BioticNRG’s ability... [Read More]
Policy News
Jun 20, 2024
Bioenergy Europe has released its Statistical Report on Pellets and its Policy Brief.
The report analyses the development of the world’s pellet market over the past year with a deep dive into the European market.
“Despite significant progress, our industry's growth is being stunted by the EU's continued dependence on fossil fuels. It's imperative that we accelerate... [Read More]
Biogas News
Jun 18, 2024
Planning work on a Gasum biogas plant in the Swedish municipality of Hörby is proceeding at pace in good co-operation with the local authorities, the company has announced.
Gasum is planning five modern large-scale biogas plants in Sweden to be constructed in the coming years.
Two of the planned plants are already under construction.
The first plant in Götene, some... [Read More]
Biogas News
Jun 18, 2024
The European biomethane sector will receive an injection of €25 billion in private investments by 2030, according to a European Biogas Association (EBA) analysis.
This represents a 30% increase compared to last year's estimates.
The 2nd edition of the Biomethane Investments Outlook forecasts €2.1 extra billion investments in the pipeline, but yet to be allocated.
The... [Read More]
Biomass News
Jun 17, 2024
Toyota Tsusho Corporation has announced that Kumamoto Forest Generation, LLC completed construction on the Yatsushiro Biomass Power Plant in Japan, and began commercial operations yesterday (16 June).
Kumamoto Forest Generation is a joint-owned company by Toyota Tsusho Group subsidiary Ene-Vision Co., Ltd., Chubu Electric Power Co., Inc., and Toho Gas Co., Ltd.
The plant... [Read More]
Biomass News
Jun 17, 2024
The Indian Biogas Association (IBA) is calling for a fixed rate of Rs 90 per kg for procurement of biogas by oil and gas marketing companies, from the government - citing environmental benefits, and a boost to the sector as reasons.
The IBA will suggest other recommendations for enhancing the sector, before the newly appointed Union Minister of New and Renewable Energy... [Read More]
Features
Jun 17, 2024
Andreas Dreier, head of European energy business development at Hartree Partners, explains why the company decided to invest in European biomethane production.
Hartree Partners (UK) Limited, a wholly owned subsidiary of Hartree Partners LP, which is co-owned by its partners and funds managed by Oaktree Capital Management, has signed an acquisition agreement for a 50%... [Read More]
Biomass News
Jun 17, 2024
Former Environmental Audit Committee (EAC) member, Sir Christopher Chope, learnt about the important contribution that waste wood biomass makes to UK energy security and the economy during a visit to Eco Sustainable Solutions in Christchurch, Dorset, earlier this month (June).
Sir Christopher – the current Conservative candidate for Christchurch who was Christchurch’s... [Read More]
Biogas News
Jun 14, 2024
TruAlt Bioenergy Limited's (TruAlt Bioenergy) a wholly owned subsidiary, Leafiniti Bioenergy Private Limited (Leafiniti Bioenergy), has supplied over 1,000 tons of combressed biogas (CBG) to city gas distributor AGP City Gas Private Limited (AG&P) in India.
This breaks the record for the most CBG supplied to AG&P over a five-month period, according to the organisation.
CBG... [Read More]
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The funding, worth €76 million, was arranged through their joint venture QGM with the backing of a banking consortium comprising BNL BNP Paribas, Banco BPM and Mediocredito Centrale
Egypt is pressing ahead with a new biogas initiative in Beni Suef Governorate aimed at converting agricultural and animal waste into renewable energy
Indonesia’s transition towards environmentally friendly, zero-emission energy took centre stage this week as experts from seven countries convened at IPB University for high-level discussions on biomass and bioenergy
