Latest Bioenergy News Aug'21

8 September, 2021

Latest Bioenergy News from around the world

  1. Biogas to Hydrogen: Cegas is working to supply biomethane to Pecem port, which has become a magnet for fledgling green hydrogen projects in Brazil. The company estimates it can produce 1kg of green hydrogen from 4-5m3 of biomethane.
  2. Investment in Biomass company: Global trading and investment company Mitsui & Co has announced that it would invest ₹300 million (~$4.04 million) in Punjab Renewable Energy Systems Private Limited (PRESPL), an Indian biomass-based energy company.
  3. Green CO2: Green CO2 produced from biogas has a higher reliability of supply and is a more sustainable product than CO2 traditionally sourced from fossil fuels. BioCarbonics in the UK  is working with biogas owners to capture and process their CO2 stream to produce a food and beverage quality liquid CO2 , for use by local businesses.
  4. Anaerobic digestion (AD): The World Biogas Association (WBA) has said that anaerobic digestion (AD) has been ‘dangerously overlooked’ in mitigating greenhouse gas (GHG) emissions. and is urging policy makers to produce biogas by recycling methane-emitting organic wastes – as an immediate solution to reducing GHG emissions worldwide.
  5. Methanol ships: A.P. Moller – Maersk A/S has ordered eight new vessels, each costing $175 million, that can be propelled by cleanly made methanol instead of an oil-based fuel. They’re set for delivery from 2024.
  6. Serbia: SET Green Technology would put four power plants into operation, each with a capacity of 1 MW, and that their estimated production would be around 34 GWh of electricity and around 36 GWh of heat.
  7. Brazil: Grupo Cocal is receiving $70 million (£50.9m) in funding to expand ethanol and biogas production in Brazil; diversifying the country’s energy mix.
  8. UK: Thames Water has awarded a £70 million contract to SGN Commercial Services to build biogas processing installations at its wastewater treatment facilities.
  9. Ethanol to Jet Fuel: A patented process for converting alcohol sourced from renewable or industrial waste gases into jet or diesel fuel is being scaled up at the U.S. Department of Energy’s Pacific Northwest National Laboratory with the help of partners at Oregon State University and the carbon-recycling experts at LanzaTech.
24 February, 2024

Byju’s, once heralded as a flagship in India’s edtech sector, is grappling with severe financial and operational challenges, marked by a dramatic valuation drop. The company, which sought to stabilize its operations and finances, is now raising funds at a valuation significantly lower than its peak. This development comes amid efforts to address a substantial debt burden, with Byju’s proposing a repayment plan for its $1.2 billion loan. Investor confidence appears shaken, with some stakeholders pushing for drastic changes in leadership to navigate the crisis effectively. The turmoil reflects broader sectoral pressures and raises questions about the sustainability of high-growth trajectories in the edtech industry

10 February, 2024

Australia’s energy market is witnessing significant transitions and investments aimed at bolstering renewable energy infrastructure and securing gas supplies. Key developments include a $179 million investment by the Queensland Government for community battery projects, Santos’ $5.7 billion gas pipeline project following a legal battle win, and a $206 million energy savings package for NSW households. Additionally, the Australian government has secured new gas supply deals to support the east coast market, emphasizing the role of gas in transitioning to a renewable grid.

India 2024
9 February, 2024

The latest opinion polls, including the Mood of the Nation survey by India Today, predict a comfortable victory for Prime Minister Narendra Modi’s BJP and its allies in the National Democratic Alliance (NDA), with a projected win of 335 Lok Sabha seats in the 2024 general elections. This forecast suggests a slight decrease from the 2019 elections but still ensures a majority. The survey, involving interviews with over 149,000 respondents, reflects Modi’s enduring popularity based on his nationalist policies and economic reforms. Other polls echo these findings, although seat projections vary slightly. The opposition INDIA alliance is expected to secure a significant number of seats, yet not enough to challenge the NDA’s majority. These predictions highlight a political landscape that remains largely favorable to Modi and the BJP as the election approaches