October 4, 2020
BY Tom Bryan
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Gevo Inc. released Q3 financial results on Nov. 7, discussing the impact of the conditional commitment for its DOE loan guarantee and confirming the company’s acquisition of Red Trail Energy remains on track to close in early 2025.
Alto Ingredients Inc. on Nov. 6 released Q3 financial results, announcing an agreement with Vault 44.01 related to a CCS project in Illinois and indicating the company is considering idling its Idaho ethanol plant in response to falling margins.
A steam-generating heat pump technology available in an energy-as-a-service package is giving ethanol producers a zero-capex decarbonization solution.
South Dakota voters on Nov. 5 rejected a law signed earlier this year that pertains to the development of CO2 pipelines within the state. Summit Carbon Solutions confirmed it still plans to file a permit application with the state later this month.
The RFA, Growth Energy and the IRFA on Nov. 6 issued statements congratulating President Donald Trump on his re-election and committing to work with the upcoming administration to expand the use of E15.