News

Algae producer Aquaviridis has joined forces with OriginOil to develop a new technology that extracts oil from the algae and will develop this multi-phase production at its Mexicali site in Mexico. Through the North American Free Trade Agreement, a region in the country has been put aside for such developments and OriginOil will help by harvesting and developing its algae cultivation…
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Biomass company Enviva is to supply wood pellets to utility owner E.ON under a 240,000 tonne per year agreement which will operate for a number of years. The contract, of which the value has been undisclosed, will begin early next year and the pellets will come from Enviva’s facilities in the south east of the US, where there is a large amount of wood to be harvested. Speaking to Bioenergy…
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Waste to energy company Kedco, which is based in the UK and Ireland, has secured about £403,000 (€485,000) through a placing of 31 million shares at an issue price of £0.013 per share. The money raised is to be put towards working capital and will be invested into the company’s biomass electricity and heat generation projects. The company has selected more than 8.8 million…
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Iran's Tehran refinery began producing Euro-5 compliant jet fuel and gas oil on 7 February. National Iranian Oil Engineering and Construction (NIOEC) invested approximately $650 million (€495 million) in the project, which is able to produce 5 million litres of jet fuel and 8 million litres of gas oil daily. Additionally, NIOEC's €28.5 million jet fuel production unit at the Shazand Oil…
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HSBC has pledged to commit $1 billion (€937m) to a green bond portfolio which will invest in high quality liquid assets in the form of green, social, or sustainability bonds. These bonds will be aligned with the Green Bond Principles and will be used to fund projects in sectors such as clean transportation, renewable energy, energy efficiency, and climate change adaption, as well as SME…
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Babcock & Wilcox Vølund, a Danish thermal energy producer, has ordered a state-of-the-art biomass handling system from Saxlund, part of the Swedish Opcon Group. The system will be delivered to Babcock & Wilcox Vølund’s (BWV) Templeborough Biomass Power Plant in Sheffield, UK. The scope of the order is the design, manufacturing, delivery, and commissioning of a dual…
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Agraferm Technologies, a German manufacturer of biogas, biomethane, and waste recycling plants, is expanding its internationalisation strategy to the Asian market. The company has chosen Seoul, South Korea, as the location for the subsidiary AF Biogas, which is currently in the process of being founded and will enter operation later in 2015. Environmentally friendly manure and waste disposal as…
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The operators of a UK combined heat and power (CHP) biogas plant report they have manage to reduce the plant’s power consumption by half. The Agrigen-Siemens plant in Suffolk has been fitted with Siemens automation technology, including a controller, distributed I/O, and visualisation software. The plant’s height, pressure, and temperature measurements are performed using radar level…
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Forth Energy, a joint venture between Forth Ports and energy company SSE, has withdrawn its plans to build a combined heat and power (CHP) plant in Leith, Scotland, following the announcement of new proposals to develop the Port of Leith as an offshore renewable energy hub. Forth Energy wrote to the Scottish government’s energy consents unit, cancelling its planning application because it…
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New woodchip boilers will be installed in Herefordshire, UK, after a local company won a £60,000 (€72,000) government funding grant to develop sustainable schemes. Woolhope Woodheat will be in charge of the project which will see the boilers installed in schools, organisations and businesses around the area. The clean burning woodchip boilers should help to reduce heating bills and…
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A new plant in Plymouth, UK is to open, converting 40,000 tonnes of wood waste into renewable heat and electricity annually, which should reduce CO₂ emissions by around 16,500 tonnes a year. Three companies, MITIE's Asset Management, O-Gen UK and the Una Group are working together on the development, under the name of O-Gen Plymtrek. During construction, about 50 jobs are expected to be created…
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Monsanto and Novozymes have announced a new acreage target for 2025 that will guide the companies’ microbials business for the next decade. The two partners in The BioAg Alliance are develop new microbial solutions for global agriculture and project that their products will be used on 250-500 million acres globally by 2025, equivalent to 25-50% of all US farmland. Currently the…
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The Nordic Investment Bank (NIB) has provided bioenergy company Vaskiluodon Voima Oy with €18 million to build a gasification plant in Vaasa, Finland. The total project cost is expected to be about €40 million. The facility will produce 140MW and is to be connected to a power plant that is already established, allowing for the coal from the old plant to be substituted by domestic…
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Bioenergy company ZeaChem has been awarded a $232.5 million (€176 million) loan guarantee from the US Department of Agriculture (USDA) to build a biorefinery that will convert biomass into sustainable fuels and chemicals. It will be the company’s first commercial size cellulosic biorefinery and will use woody biomass and agricultural residues to produce bio-based fuels. Speaking…
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