Investment
Sinopec and TotalEnergies sign on SAF joint venture
China Petroleum & Chemical Corporation (Sinopec) has entered into a significant heads of agreement (HoA) with TotalEnergies in Beijing. This collaboration will see the two companies establish a joint venture aimed at producing sustainable aviation fuel (SAF) from waste oils…
Terragia lands $6M to develop cost-competitive, low-carbon biofuel tech
Terragia Biofuel, a technology startup focusing on the development of next-generation biofuels, has announced the completion of a $6 million seed funding round. The investment was led by Engine Ventures and Energy Impact Partners (EIP). The company intends to utilize…
Pushing the boundaries to transform CO2 into biodegradable plastics
A new collaboration, UC-DC, between industry and academia aims at converting waste CO2into biodegradable plastic by gas fermentation, where bacteria transform CO2 into a feedstock for commodity chemicals used in plastic production. “We envision a future where CO2 is transformed…
WASE secures over £8.5M to scale waste-to-energy technology and maximise biogas potential as a renewable baseload energy source
The Bristol-based company unlocks a 30% increase in the amount of methane generated from biomass from previously untreatable waste streams. Bristol, 27th March 2024: WASE, a UK-based startup which is unlocking the power of waste to make it the fuel…
AFYREN NEOXY receives €3.4 M as part of AFTER-BIOCHEM project
AFYREN NEOXY, a subsidiary of the greentech company AFYREN, has received a €3.4 million milestone payment as part of the AFTER-BIOCHEM project. This payment comes from the Circular Bio-based Europe Joint Undertaking (CBE JU), a public-private partnership under the European…
Irish agribusiness giant invests $500 M in US biorefinery
Irish agribusiness leader, ClonBio Group, is making a significant investment in the United States. They are committing $500 million (€456.98 million) to establish a new biorefinery in Jefferson, Wisconsin. This expansion is expected to create around 1,000 new jobs. ClonBio…