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SunGas Renewables to build $2B green methanol production facility in Louisiana

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SunGas Renewables Inc. announced the formation of Beaver Lake Renewable Energy, LLC (BLRE), which will construct a new green methanol production facility in Central Louisiana. Green methanol produced by BLRE is expected to be used to fuel A.P.

Louisiana 284
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Strategic Biofuels successfully tests carbon capture and storage for renewable diesel plant

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Strategic Biofuels announced that its Carbon Capture and Sequestration (CCS) Test Well Program was successfully completed at the company’s Louisiana Green Fuels Project (LGF) in Caldwell Parish, Louisiana. LGF is the first renewable diesel fuel project to achieve this milestone.

Renewable 353
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GM secures all energy needed to achieve renewable energy goal for 2025; 25 years ahead of target set in 2016

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General Motors has finalized energy sourcing agreements required to secure 100% of the energy needed to power all its US facilities by 2025. Sourcing renewable energy is a critical component of GM’s plans to decarbonize. This is the main way through which GM is achieving its renewable energy goal.

GM 321
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Toyota establishes Toyota Green Energy to conduct renewable energy power generation business

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and Toyota Tsusho Corporation agreed to establish Toyota Green Energy LLP for the purposes of obtaining and managing renewable energy sources in Japan and supplying electric power from renewable energy sources to the Toyota Group in the future. Toyota Motor Corporation, Chubu Electric Power Co.,

Toyota 249
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Starfire Energy closes major funding round; green ammonia and hydrogen solutions

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Starfire Energy, a Colorado-based developer of modular chemical plants for the carbon-free production of ammonia and hydrogen, has closed a major funding round. Proceeds will be used to advance the development of commercial-scale applications to decarbonize ammonia production and unlock its potential as a zero-carbon energy carrier.

Hydrogen 377
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bp and Oman form strategic partnership to progress significant renewable energy and hydrogen development

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bp and the Ministry of Energy and Minerals in Oman signed a Strategic Framework Agreement (SFA) and a Renewables Data Collection Agreement which will support the potential development of a multiple gigawatt, world-class renewable energy and green hydrogen development in Oman by 2030.

Oman 321
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Oxford spin-out OXCCU raises US$22.8M to transform carbon dioxide into sustainable aviation fuel

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OXCCU, a company spun-out from the University of Oxford in 2021 that is focused on converting carbon dioxide and hydrogen into industrial and consumer products ( earlier post ), completed an £18-million (US$22.8 Trafigura, TechEnergy Ventures and Doral Energy-Tech Ventures also participated in the financing.

Carbon 418