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Air France KLM signs 210M gallon SAF offtake agreement with DG Fuels

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DG Fuels (DGF), a provider of cellulosic drop-in sustainable aviation fuel (SAF), signed a multi-year SAF offtake agreement with Air France KLM for up to 60,408 metric tons (21 million gallons) per year from DGF’s initial plant to be located in Louisiana. DGF’s cellulosic feedstock does not impair food supply and is essentially water neutral.

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BNEF: global investment in low-carbon energy transition hit $755B in 2021; up 27% from 2020; electrified transport grew the fastest

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In 2021, global investment in the low-carbon energy transition totaled $755 billion, up 27% from $595 billion in 2020 and just $264 billion in 2011, according to Energy Transition Investment Trends 2022, a new report published by research firm BloombergNEF (BNEF). from the year prior. Germany, the U.K.

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LeMond Carbon obtains independent verification of its carbon fiber rapid oxidation technology

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LeMond Carbon announced the results of an independent technical audit conducted by Bureau Veritas (BV) of its carbon fiber manufacturing process. The audit was conducted on a pilot line at Deakin University’s Carbon Nexus facility in Geelong, Australia. From Bureau Veritas audit of LeMond’s carbon fiber manufacturing process.

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EU investing €1.8B in 17 large-scale clean tech projects

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Grants will be disbursed from the Innovation Fund to help bring technologies to the market in energy-intensive industries, hydrogen, renewable energy, carbon capture and storage infrastructure, and manufacturing of key components for energy storage and renewables. capture and liquefaction at a cement plant to storage in offshore sites.

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Wind-to-Hydrogen Tech Goes to Sea

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Many countries have met their climate goals and are on track to be completely carbon neutral. Wind and solar parks produce a large portion of their energy. Then, as now, wind farms are operating off the world’s coasts—but not all of these offshore sites are connected to the mainland via underwater power cables.

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Rosatom and EDF Group partner to develop green hydrogen in Russia and Europe

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In 2019, EDF strengthened its commitment to the energy transition by creating Hynamics, a subsidiary aimed at making EDF a key player in the low-carbon and renewable hydrogen sector in France and internationally. million of which are in France. Its objective is to develop low-carbon sources of energy, including wind energy.

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3 Oil Majors That Bet Big On Renewables

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Further, according to Rystad Energy, Big Oil is expected to pump in $166B into new oil and gas ventures over the next five years, thus dwarfing the currently specified outlay of just $18B (less than 10% of capex) for solar and wind energy projects. Good case in point: Italian multinational oil and gas giant Eni S.p.A. 2 Total SA.

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