Investment
Commentary: Richmond, BC launches household grease-to-RNG pilot
The City of Richmond in British Columbia is working on a pilot project to use leftover cooking oils and convert it to renewable natural gas. Reference: https://www.bioenergy-news.com/news/richmond-bc-launches-household-grease-to-rng-pilot/
Commentary: Over $400M Invested in Renewables: The Digest’s 2021 Multi-Slide Guide to Axens
Biofuels Digest presents an easy-to-read 8 slide guide to understanding the multi million investment to commercialize Ethanol-to-Jet in the U.S. Reference: https://www.biofuelsdigest.com/bdigest/2021/11/14/over-400m-invested-in-renewables-the-digests-2021-multi-slide-guide-to-axens/
WEF competition for Blue Carbon Projects
UpLink has launched a competition to find finance, training, and education tools that ‘support people, nature, and climate’. Submissions for the Blue Carbon Challenge are open until December the 17th, 2021 on the UpLink website. Proposals must be market-viable blue…
Commentary: Evolve invests $600M in HOBO Renewable Diesel 120M gallons project
Evolve has announced an investment of $600 million USD for the construction of HOBO Renewable Diesel’s renewable fuels facility, which is expected to produce more than 120 million gallons of renewable fuels per year. Reference: https://www.biofuelsdigest.com/bdigest/2021/11/07/evolve-invests-600m-in-hobo-renewable-diesel-120m-gallons-project/
Impossible Foods Hopes For $7Bn Valuation
Impossible Foods has set a goal to raise $500 million in its latest funding round. According to Bloomberg, the company is expecting a valuation of $7 billion, though terms had not yet been finalised. Last year, the company had two…
56% of Food & Drink Companies to Invest in Plant-Based Products Next Year
According to survey results released recently by UK based Atura Proteins, an estimated 56% of food and drink brand owners and manufacturers are likely to invest in plant based products next year. Of those companies, 41% believe that vegan meats…