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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

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Global investment in renewable energy totaled $226 billion in the first half of 2022, setting a new record for the first six months of a year, according to Renewable Energy Investment Tracker 2H 2022, a new report published by research firm BloombergNEF (BNEF). Wind project financing was up 16% from 1H 2021, at $84 billion.

Financing 243
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Anaergia to supply RNG to FuelCell Energy to create renewable hydrogen supporting Toyota’s port facility

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announced that its subsidiary SoCal Biomethane will supply renewable natural gas (RNG) as facilitated by renewable fuels marketer Anew Climate to FuelCell Energy’s Tri-gen system to produce carbon-negative hydrogen and electricity for Toyota Motor North America, Inc.’s Anaergia Inc. The fuel cells will also produce a net 2.3

Renewable 199
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Gevo closes $68M Green Bond to finance RNG project

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has closed a $68,155,000 “Green Bond” private activity bonds offering to finance the construction of its renewable natural gas (RNG) project in Northwest Iowa. The feedstock for the RNG Project will be supplied by three dairy farms located in Northwest Iowa totaling more than 20,000 milking cows. Gevo received approximately $9.3

Financing 334
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Gevo to supply 45M gallons per year of renewable fuels to Kolmar from Net-Zero 2 plant

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Kolmar is a wholly owned subsidiary of Kolmar Group AG that is a privately held service provider, manufacturer, and marketer of renewable fuels headquartered in Zug, Switzerland. billion, inclusive of renewable fuels and related products for the food chain.

Renewable 186
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MagREEsource secures €5M in financing; opening first pilot magnet recycling facility in Grenoble

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MagREEsource, a 2020 spin-off of the CNRS-Institut Néel that is commercializing processes for recycling rare-earth magnets and then remanufacturing new magnets from the recycled powders, has secured €5 million in financing and has opened its first pilot facility in Grenoble, with a capacity of 50 tons by 2023.

Financing 243
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Gevo and Avfuel enter into renewable jet fuel supply agreement; first long-term commercial supply agreement for Gevo ATJ

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Gevo has entered into a long-term agreement to supply its renewable alcohol-to-jet fuel (ATJ) to Avfuel Corporation, effective 1 July 2018. The agreement with Avfuel is Gevo’s first long-term commercial supply agreement for its ATJ. The supply agreement contemplates two phases.

Supplies 199
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DOE issues RFI on renewable fuel scale-up and demonstration

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The US Department of Energy (DOE) has released a new Request for Information (RFI) on the scale-up and demonstration of renewable fuels. BETO recognizes the availability of financing for first-of-a-kind process systems can be a barrier to commercializing advanced biofuels.

Renewable 186