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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.

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Waste gasification company Sierra Energy closes $33M Series A funding; FastOx

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Sierra Energy Corporation closed a $33-million Series A investment round led by Breakthrough Energy Ventures and joined by Cox Investment Holdings, Inc., Waste is fed into the top of the gasifier vessel through an airlock. At the lowest point of the gasifier, the waste is reduced to carbon char, inorganic materials, and metals.

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Renewable fuels company Raven SR announces $20M strategic investment from Chevron, ITOCHU, Hyzon Motors and Ascent Hydrogen Fund

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a waste-to-fuels company, closed a $20-million strategic investment from Chevron USA, ITOCHU, Hyzon Motors and Ascent Hydrogen Fund. Raven SR plans to build modular waste-to-green hydrogen production units and renewable synthetic fuel facilities initially in California and then worldwide. Raven SR Inc., Earlier post.).

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Raven SR and Cap Clean Energy to collaborate on Canadian SAF and renewable diesel projects

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Raven SR, a renewable fuels company ( earlier post ), and Cap Clean Energy, a clean energy development company headquartered in Calgary, Alberta, signed a memorandum of understanding (MOU) to co-develop biofuels facilities in Canada to produce sustainable aviation fuel (SAF) and renewable diesel (RD) for the heavy duty transport sector.

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Repsol produces renewable hydrogen from biomethane from urban solid waste

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Spain-based energy and petrochemical company Repsol has produced renewable hydrogen using biomethane as raw material for the first time. This renewable hydrogen was used to manufacture fuels with a low carbon footprint, such as gasoline, diesel, or kerosene for aviation. GW in 2030.

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Oil sands company Suncor Energy strengthens its focus on hydrogen and renewable fuels, divesting wind and solar

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Suncor Energy, a Canadian integrated energy company that is one of the top oil sands producers in the country, will strengthen its focus on hydrogen and renewable fuels to accelerate progress towards its objective to be a net-zero company by 2050. Suncor also plans to divest its wind and solar assets.

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Samsung Ventures makes strategic investment in renewable fuels company Raven SR

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Raven SR, a renewable fuels company ( earlier post ), announced the closing of a strategic investment from Samsung Ventures, expanding Raven SR’s reach into the global market, especially in Asia-Pacific region. Raven SR’s technology is designed to produce more green hydrogen per ton of waste than competing processes.

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