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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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Maersk invests in Vertoro to develop green lignin marine fuels

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Moller - Maersk, has invested in Vertoro , a Dutch start-up focused on developing liquid lignin technology which can be used as a marine fuel. The output of this plant will be used to develop further marine fuels in partnership with Maersk as well as other applications for the materials and chemicals markets. Earlier post.)

Mariner 243
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DOE awards ~$34M to 11 projects to advance waste and algae bioenergy technology

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Biomass feedstocks can be produced by municipal solid waste (MSW) streams and algae and converted into low-carbon fuels that can significantly contribute to the decarbonization of transportation sectors that face barriers to electrification, such as aviation and marine. Federal share. Cascadia Consulting Group. 3,200,000.

Waste 186
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PNNL team finds biocrude from kelp and fish waste via hydrothermal liquefaction could be viable fuel for remote Alaskan communities

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Using existing fish processing plants, kelp and fish waste can be turned into a diesel-like fuel to power generators or fishing boats in rural, coastal Alaska, according to a team from Pacific Northwest National Laboratory (PNNL). —“ Kelp Energy Products and Marine Renewable Energy for Coastal Alaska Communities ”.

Waste 186
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DOE BETO to award $61.4M for low-carbon biofuels research to reduce transportation emissions

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million for technologies that produce low-cost, low-carbon biofuels. ( BETO is focused on developing technologies that convert domestic biomass and other waste resources (e.g., municipal solid waste, biosolids) into low-carbon biofuels and bioproducts.

Carbon 186
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DHL to use biofuel to neutralize carbon emissions of all ‘less-than-container’ load shipments in ocean freight globally

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DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, says it will be neutralizing the carbon emissions of all less-than-container load (LCL) ocean freight shipments from 1 January 2021. This is why we have taken the decision to neutralize the carbon emission of all our LCL shipments.

Carbon 321
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Mitsubishi Heavy and Infinium to collaborate on the production and deployment of electrofuels in Japan

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Infinium electrofuels are classified as ultra-low carbon fuels because they reduce carbon dioxide emissions by up to 97% when compared to traditional jet and diesel fuels. Infinium utilizes waste CO 2 and hydrogen, which are converted to synthetic gas using Infinium’s proprietary, patented CO2Cat catalyst.

Japan 243