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Aemetis signs $3B, 10-year supply agreement for 450M gallons of renewable diesel with industry-leading travel stop company

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Aemetis, a renewable fuels company focused on negative carbon intensity products ( earlier post ), has signed a 10-year, 450-million-gallon renewable diesel supply agreement with an industry-leading travel stop company, which is expected to generate more than $3 billion in revenue. billion miles of heavy truck and cargo transportation.

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CARB: clean fuels replaced more than 50% of diesel used in California in Q1 2023

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The LCFS program helped to replace nearly two billion gallons of regular diesel fuel in 2022 with a combination of cleaner fuels, including renewable diesel, biodiesel, electricity, and hydrogen. Since compliance began, the program has helped to replace more than 8.6 billion gallons of diesel. Compliance with the LCFS began in 2011.

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BMW investing €400M in new vehicle assembly at Munich plant as part of shift to electromobility; engine production being concentrated at Steyr and Hams Hall

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The company is investing €400 million in a new vehicle assembly at the main plant in Munich. The combustion engines with four, six, eight and 12 cylinders produced there will be manufactured at the company’s locations in Steyr in Austria and Hams Hall in the UK going forward. —Milan Nedeljkovi?, Sustainability in production.

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Aemetis finalizes $7B of supply contracts for 100% of Riverbank Plant Production of SAF and RD for up to 10 years

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a renewable fuels company focused on negative carbon intensity products, announced that $7 billion of sustainable aviation fuel (SAF) and renewable diesel (RD) supply agreements have been signed with 10 airlines for a total of 916 million gallons of blended SAF. Aemetis, Inc.,

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Aemetis selects Worley to provide engineering for renewable jet and diesel production plant; Axens technology

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By utilizing hydroelectric electricity and carbon sequestration along with negative carbon intensity hydrogen, the Aemetis plant is expected to produce among the lowest carbon intensity renewable jet and diesel fuel in the world. The Axens technology produces renewable jet and renewable diesel in an integrated process.

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Cleaner fuels have replaced more than 3B gallons of diesel under California Low Carbon Fuel Standard

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The program aims to reduce the carbon intensity of transportation fuels by considering greenhouse gas (GHG) emissions at all stages of production, from extraction to combustion. CARB developed the program to help support a return to 1990 levels of climate-changing gases by 2020, as required by AB 32, the 2006 landmark climate bill.

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BP invests $5M in mobile electric vehicle charging company FreeWire; intro at some retail sites this year

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a US-based manufacturer of mobile electric vehicle (EV) rapid charging systems, and plans to roll out FreeWire’s Mobi Charger units for use at selected BP retail sites in the UK and Europe during 2018. Since 2006, BP Ventures has invested more than $400 million in corporate venturing and has 42 active investments in its current portfolio.