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bp ventures invests $10M in waste-to-biomethanol company WasteFuel; offtake MoU

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bp ventures has committed $10 million, leading the Series B investment round, in WasteFuel , a California-based biofuels company that will use proven, scalable technologies to convert bio-based municipal and agricultural waste into lower carbon fuels, such as biomethanol. billion metric tons by 2050.

Waste 284
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EU Innovation Fund grants €108M to RWE’s waste-to-hydrogen project FUREC

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RWE's FUREC project, which aims to produce circular and green hydrogen from non-recyclable municipal solid waste in Limburg, the Netherlands, received a €108-million grant from the EU’s Innovation Fund. A final investment decision is to be made in 2024. textiles, paper). The plant is expected to produce 54,000 tonnes of hydrogen per year.

Waste 448
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SK invests in electrofuels company Infinium

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Infinium Electrofuels technology converts carbon dioxide waste and renewable power through its proprietary process to create hydrogen-based alternatives to traditional fossil-based fuels. Electrofuels are ultra-low carbon drop-in fuels that can be used in today’s infrastructure and engines without modifications or upgrades.

Companies 435
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SK invests in Fulcrum BioEnergy to accelerate production of low-carbon fuel from waste

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the strategic investment arm of South Korea’s SK Group, was part of a $50-million investment in Fulcrum BioEnergy, a US-based waste-to-fuels company. Fulcrum produce biofuel on a commercial scale by chemically converting municipal solid waste (MSW) into transportation fuels. Founded in Pleasanton, Calif.,

Waste 243
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Twelve and LanzaTech successfully convert CO2 to ethanol

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Carbon transformation company Twelve and biotechnology company LanzaTech have transformed CO 2 emissions into ethanol as a part of an ongoing research and development partnership. Our process aims to rebalance the overabundance of carbon in our environment and instead reuse it for meaningful applications.

Convert 324
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Raven SR & Hyzon Motors to build up to 100 waste-to-hydrogen hubs

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Raven SR , a renewable fuels company, and Hyzon Motors Inc., At the hubs, which can be built at or near landfills, Raven SR will convert mixed and multiple organic wastes, including municipal solid waste, greenwaste, food waste, medical, paper, etc. In Steam CO 2 Reforming, there is no oxygen or air (i.e.

Waste 459
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LanzaTech, Danone develop method to convert carbon emissions directly into MEG, a key building block for PET

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The technology converts carbon emissions from steel mills or gasified waste biomass directly into MEG. The carbon capture technology uses a proprietary engineered bacterium to convert carbon emissions directly into MEG through fermentation, bypassing the need for an ethanol intermediate, and simplifying the MEG supply chain.

Convert 186