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Neste and Shell sign agreement to increase the supply of sustainable aviation fuel

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Anticipating increasing desire from airlines to reduce emissions, Neste and Shell Aviation have entered into a sustainable aviation fuel (SAF) supply agreement. This agreement significantly increases the supply and availability of SAF for the aviation industry with effect from October 2020. million tons of SAF annually by 2023.

Supplies 414
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Deep-sea battery metal developer DeepGreen going public with SPAC to become $2.9B (equity value) The Metals Company

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The development of this resource offers an abundant, low-cost supply of critical raw materials for EV batteries and wiring including nickel, cobalt, copper and manganese, with a lower lifecycle ESG impact than conventional mining. DeepGreen Metals Inc., The transaction represents a pro forma equity value of US$2.9 Source: DeepGreen.

Companies 418
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CompactGTL forms partnership with Fluor Corporation

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The two reactions are tuned to work together to maximize efficiency and minimize waste streams depending upon the specific application and location of the plant. CompactGTL’s proprietary reactor technology enables the design of a highly self-contained plant operating a stable process that does not require an oxygen supply.

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NGen Canada awarding $76M to 15 zero-emission vehicle projects

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Lead: Cnem Corporation; Partners: Talon Metals Services Inc., Palcan Energy Corporation. Cnem Corporation and partners Talon Metals Services Inc., and Palcan Energy Corporation will develop a new recycling process to process EV battery black mass using an environmentally friendly approach. Lead: Cummins Inc.;

Canada 304
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Maersk invests in Vertoro to develop green lignin marine fuels

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Maersk Growth, the corporate venture arm of A.P. Lignin is a class of complex organic polymers which form key structural materials in the support tissues of most plants. In September Maersk Growth invested in WasteFuel, a start-up focused on turning waste into sustainable aviation fuel, green bio-methanol, and renewable natural gas.

Mariner 243
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GaN company Transphorm raises $35M; Japanese firms lead round; business alliance for commercialization

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INCJ is a public-private partnership between the Japanese government and 27 major corporations, including Sharp, Sumitomo Electric, Toshiba and General Electric Company, Japan. GaN (Gallium nitride) power conversion company Transphorm Inc. GaN (Gallium nitride) power conversion company Transphorm Inc. INCJ has the capacity to invest up to ?2

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DOE to award $118M to 17 projects to accelerate domestic biofuel production

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Topic Area 1: Pre-Pilot Scale-Up of Integrated Biorefineries Algenesis Corporation, “Pre-Pilot Scale Production of Algae-based Jet Fuel and Polyurethane Monomers”, $4,987,974. This project will demonstrate the conversion of gaseous carbon wood wastes (terpenes) to renewable Terpenes SAF blending components.