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Aemetis Biogas now producing 300,000 MMBtu per year of RNG

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By Aemetis Inc.

June 26, 2024

Business

Aemetis Inc. on June 26 announced that its Aemetis Biogas subsidiary completed a key milestone of constructing and operating dairy digesters with a capacity to produce more than 300,000 MMBtu of renewable natural gas (RNG) per year.

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The U.S. DOE on June 17 awarded funding to two bioenergy projects. One focuses on the use of organic acids captured from anaerobic digester broth and the other focuses on the integrated processing and hyrothermal pretreatment of corn stover.

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Verbio on May 23 celebrated the groundbreaking of a conversion project at its ethanol plant in South Bend, Indiana, that will allow the facility to produce both ethanol and renewable natural gas (RNG) using an innovative production approach.

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Gevo Inc. released Q1 results on May 2, reporting that the company’s RNG project operated at approximately 89% of capacity during the quarter and that efforts continue to secure a DOE loan guarantee for the company’s proposed SAF project.

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California Ethanol + Power on April 3 announced that Booker Tate Ltd. will help guide sugarcane cultivation plans for Sugar Valley Energy, a proposed bioenergy project in California that is expected to produce ethanol, biogas, power and SAF.

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Gevo Inc. announced on April 1 that its wholly-owned subsidiary, Gevo NW Iowa RNG LLC (Gevo RNG), has remarketed the previously issued and currently outstanding Iowa Finance Authority Solid Waste Facility Revenue Bonds.

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The U.S. EPA has rescheduled a planned webinar on the biogas regulatory reform rule (BRRR) provisions of the Renewable Fuel Standard program. The webinar, originally scheduled for April 4, will now take place April 12 from 11:00-3:30 p.m. ET.

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Aemetis Inc. has announced approval by USCIS for $200 million of EB-5 program investment for the Riverbank SAF production plant, the dairy RNG project, the carbon sequestration project, and energy efficiency upgrades to the Keyes ethanol plant.

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Aemetis Inc. released fourth quarter financial results on March 7, reporting the company achieved important milestones in its biodiesel, RNG, ethanol, SAF and carbon capture business segments last year.

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Gevo Inc. has reported that efforts are continuing to secure a U.S. DOE loan guarantee to support the construction of its proposed SAF facility. Gevo also reported that its RNG project in Iowa operated at 91% capacity during Q4.

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The U.S. EPA on March 6 announced plans to hold a public webinar on the biogas regulatory reform rule (BRRR) provisions of the Renewable Fuel Standard program. The webinar is scheduled for April 4 from 1:00 – 4:30 pm EST.

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Sugar Valley Energy, a new 160-acre bioenergy campus planned in California’s Imperial Valley has added New York-based TerraNova Capital Equities, Inc. to its finance team to lead marketing and placement of equity capital for the $1 billion project.

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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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Aemetis Inc. announced on Feb. 1 the deployment of the entire $25 million of funding provided under the previously announced USDA-guaranteed loan for its Aemetis Biogas 1 LLC (AB1) project company.

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Gevo Inc. on Jan. 24 released a business update indicating that the company’s proposed SAF project in South Dakota, Net-Zero 1, remains in the due diligence phase of the U.S. Department of Energy’s loan guarantee program.

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Biomass Magazine has announced the general session speakers for the 17th Annual International Biomass Conference & Expo taking place March 4-6, 2024 at the Greater Richmond Convention Center in Richmond, Virginia.

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Aemetis Inc., an RNG and renewable fuels company focused on negative carbon intensity products, announced on Jan. 23 the recognition of revenues from its first sale of California LCFS credits generated by its subsidiary, Aemetis Biogas LLC.

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Green Impact Partners Inc. has received approval from the Alberta government for construction and operation of the Future Energy Park, a biorefinery that will produce RNG, low-carbon ethanol and wet distillers grains.

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Biomass Magazine on Dec. 6 released the agenda for the 17th Annual International Biomass Conference & Expo taking place March 4-6, 2024 at the Greater Richmond Convention Center in Richmond, Virginia.

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A coalition of over 20 organizations and companies launched the Partnership for Electric Pathways to work with the U.S. EPA to secure a viable pathway for renewable electricity to get credit under EPA's Renewable Fuel Standard program.

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Aemetis Inc. announced that the Stanislaus County Board of Supervisors has approved the California Environmental Quality Act analysis for Aemetis Biogas LLC to extend its biogas pipeline by an additional 24 miles using the public right of way.

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Gevo Inc. released Q3 financial results on Nov. 13, reporting that company has completed a planned capacity expansion of its RNG operations and is in the formal due diligence stage with the U.S. DOE regarding a loan guarantee for its SAF project.

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Aemetis expects to secure the authority to construct air permit for its proposed SAF/RD project in early 2024, according statements made during a Q3 earnings call. Company officials also discussed ongoing biogas, ethanol, biodiesel and CCS projects.

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The call for presentation abstracts for the 17th Annual International Biomass Conference & Expo, produced by Biomass Magazine, is now open. The event will take place March 4-6, 2024, at the Greater Richmond Convention Center in Richmond, Virginia.

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Aemetis Inc. on Oct. 9 announced the receipt of $53 million of cash, after transaction costs and buyer discount, from the sale of $63 million of Inflation Reduction Act investment tax credits generated by its subsidiary, Aemetis Biogas LLC.

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A group of 11 senators on Sept. 18 sent a letter to U.S. EPA Administrator Michael Regan expressing disappointment that the agency has failed to finalize regulations that would allow biogas-based electricity to participate in the RFS.

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Aemetis Inc. closed the sale of $53 million of IRA investment tax credits generated by its subsidiary Aemetis Biogas LLC to a corporate purchaser on Sept. 29, 2023. The Section 48 investment tax credits were generated from biogas projects.

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Verbio kicks off 2023 corn stover harvest

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By Verbio North America Holdings Corp.

September 22, 2023

Verbio has launched its second corn stover harvest. Corn stover will be used as feedstock for production of RNG at its large-scale plant in Nevada, Iowa. The facility is also expected to begin producing ethanol during the fourth quater of 2023.

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The U.S. EPA on Aug. 21 released data indicating nearly 2.04 billion RINs were generated under the RFS in August, up from 1.84 billion generated in August 2022. Total RIN generation for the first eight months of the year reached nearly 15.45 billion.

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The U.S. EPA has released renewable identification number (RIN) data for April, reporting that nearly 1.59 billion RINs were generated during the month, including more than 20.78 million cellulosic RINs.

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