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Gevo provides update of RNG, SAF projects

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By Erin Voegele

May 06, 2024

Business

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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Solarig on April 3 announced plans to develop a commercial scale biorefinery in Spain that will produce sustainable aviation fuel (SAF) from renewable natural gas (RNG) and renewable electricity.

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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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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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Natural Resources Canada on March 8 awarded $15 million to six clean fuel projects, including those focused on renewable natural gas (RNG), sustainable aviation fuel (SAF), and the use of wood biomass to produce renewable energy.

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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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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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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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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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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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