News

Jun 27, 2024
EverGen has announced the execution of a 20-year offtake agreement with FortisBC Energy Inc (FortisBC) through its wholly owned subsidiary Fraser Valley Biogas Ltd. (FVB), subject to the acceptance by the British Columbia Utilities Commission in Canada. Under the terms of the agreement, FortisBC will purchase renewable natural gas (RNG) from FVB for injection into its natural gas system. This…
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Jun 27, 2024
Vertus Energy, a Waste-to-X industrial biotech startup specialising in advanced control of bacteria behaviour, has closed an €8.75 million seed funding round, reported EU Startups. The funding, led by Energy Capital Ventures and joined by Blackbird, the Amadeus APEX Technology Fund and Aussie Angels, alongside all their existing investors, will be used to scale the firm’s flagship product,…
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Jun 27, 2024
Aemetis, a renewable natural gas (RNG) and renewable fuels company focused on low and negative carbon intensity products, has announced that its Aemetis Biogas subsidiary completed a key milestone of constructing and operating dairy digesters with a capacity to produce more than 300,000 MMBtu of renewable natural gas (RNG) per year. Additionally, the planned construction of new digesters is…
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Jun 26, 2024
Companhia Paranaense de Gás (Compagas) will invest 505 million reais (€86.6 million) over the next five years, between 2024 and 2029. The investment plan was announced on 24 June by governor Carlos Massa Ratinho Junior and includes actions and projects to expand the company's operations to other regions of the State, especially to the municipalities of Londrina, Maringá and Lapa, the…
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Jun 26, 2024
CM Biomass has released its results for 2023/24, which, with an EBT of €41 million, represent its best results yet. Having for the past two years added production to CM Biomass’ portfolio of trading and expanded on logistics and sourcing solutions, CM Biomass said it has shown the strength of combining production and trading as a flexible provider. The past financial year has posed…
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CM Biomass has released its results for the financial year of 2023/24, which it said show the strength of combining production and trading as a flexible provider with a record-setting result - an EBT of €41 million. For the past two years, CM Biomass has added production to its trading portolio, and has expanded on logistics and sourcing solutions. Amidst a year that posed challenges to the…
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Jun 26, 2024
Senior Representatives from the UN, OECD, CACC, PepsiCo, TotalEnergies and leading environmental organisations will gather at the NEC Birmingham on 10-11 July to attend the World Biogas Summit 2024. Organised by the World Biogas Association (WBA), the event is poised to be a pivotal moment in this year’s industry calendar, following the publication of the International Energy Agency’s World…
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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 developer Estover…
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Jun 25, 2024
Neustark, a Switzerland-based carbon removal provider, has raised $69 million (€64.3 million) in a funding round to underpin its rapid scale-up in the carbon dioxide removal (CDR) market. The growth equity round was led by Decarbonization Partners, a partnership between BlackRock and Temasek. Neustark said the funding will reinforce its continued growth path and support its mission to…
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Jun 25, 2024
With a new sawmill, Tschopp is tripling its wood processing in the medium term. Vecoplan supplied the perfect technology to prepare the chips for disposal. Tschopp manufacturers shuttering panels, and uses its wood residues for pellet production – although its plant capacities had long reached their limit. Its previous sawmill, which was designed to process 30,000 cubic metres per year, had…
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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 the awarded bids ranged…
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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 commercial capacity. The…
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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 capabilities. The…
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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 this acquisition, the…
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