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Elite Octane joins Growth Energy, RFA

Elite Octane plant. / SOURCE: Renewable Fuels Association

February 6, 2024

BY Growth Energy and Renewable Fuels Association

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DOE and EPA announce $9.4M to spur development of advanced biofuels

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By U.S. Department of Energy

4 hours ago

Sustainable Aviation FuelsPolicyBusiness

The U.S. Department of Energy and the U.S. EPA on Feb. 22 released a funding opportunity announcement (FOA), entitled, “Inflation Reduction Act Funding for Advanced Biofuels,” for up to $9.4 million for the development of advanced biofuels.

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The U.S. Grains Council’s Latin America office recently collaborated with several other groups to organize the “Sustainable Mobility: Opportunities of Ethanol in Guatemala” conference in Guatemala City.

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Aemetis Inc., an RNG and renewable fuels company focused on negative carbon intensity products, has announced an updated five-year plan that projects the company will generate $1.95 billion in revenues and $645 million of adjusted EBITDA in 2028.

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A study by the University of Minnesota Extension shows the ethanol industry contributed $2.5 billion to Minnesota’s GDP in 2023. The industry produced 1.35 billion gallons of ethanol, which in turn resulted in $6.6 billion of economic activity.

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Novonesis, formerly Novozymes, has introduced new yeast technology— Innova Delta, which allows plants using non-GM yeasts to achieve operational performance on par with their global peers using the most advanced GM yeasts.

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