‘Renewable’ Natural Gas Grows in Maine
At Peaks Renewables in Clinton, millions of gallons of cow manure gets trucked in from nearby farms and pumped into a 125,000 gallon holding tank.
From there, the liquified waste gets piped into an anerobic digester the size of a football field.
US DoE Approves Gevo, Montana Renewables SAF Project Loans
Gevo, Inc. and Calumet's Montana Renewables segment both received US Department of Energy loans to fund the construction and expansion of large sustainable aviation fuel production projects.
Renewable Natural Gas Best Diesel Replacement, Experts Say
Renewable natural gas (RNG) is not only the ideal but also the long-term solution to dramatically reducing greenhouse gas emissions in the freight transportation industry, a panel of industry experts told media and other attendees today at the American Trucking Association's (ATA) annual conference in Nashville, Tennessee.
The panel consisted of two fleet executives: Ryan Bankerd, UPS director of sustainability and Matt Copot, VP of fleet management, Saia LTL Freight. The rest of the panel included: Matthew Spears, executive director of global regulatory affairs at Cummins; Eric Bippus, executive vice president of sales and systems at Hexagon Agility; Brett Lindsay, VP of national accounts at Clean Energy; and Marty Tufte, corporate fleet director of The Transport Project.
Vision RNG Closes $11.6 million Sale of IRA Investment Tax Credit
Vision RNG announces the successful sale of $11.6 million in Investment Tax Credits (ITCs) under the Inflation Reduction Act (IRA). These tax credits were generated in connection with VRNG’s Eagle Ridge project at the Meridian Waste Eagle Ridge Landfill in Bowling Green, MO. This strategic sale will provide essential capital to accelerate VRNG’s development of landfill gas to renewable natural gas (LFG-to-RNG) projects, reinforcing its commitment to advancing sustainable energy solutions.
Vision RNG Secures $207 Million in Financing From HASI To Construct Two LFG-to-RNG Projects in Ohio
Vision RNG (VRNG), a leader in renewable natural gas (RNG) production, has closed on an aggregate $207 million in project financing with HASI, a leading investor in climate solutions. This landmark funding will be instrumental in accelerating Vision RNG’s growth strategy which will result in advancing sustainable energy solutions and reducing carbon emissions.
CEM: Strategic Partnership with Concord Engineering
CEM Engineering Inc. is proud to announce a strategic partnership with Concord Engineering Group, based in Voorhees, NJ, to support the growth of North American power and infrastructure projects.
For over two decades, CEM Engineering has dedicated themselves to empowering their clients’ success in the dynamic clean energy sector by specializing in delivering decarbonization projects. With a foundational focus on cogeneration and energy management projects, CEM has become a leader in Canada’s energy transition, focusing on hydrogen, biogas, power and utilities and carbon reduction/capture projects.
Bright Renewables and BerQ Rng Partner for Four Projects
Bioenergy Insight learns more about the recently announced partnership to develop four RNG projects in the US.
Bright Renewables is a global technology provider for biogas upgrading systems, CO2 liquefaction plants, and Bio LNG & Bio CNG solutions. Its US head office is located in Vancouver, Washington, and it has sold around 35 biogas upgrading units in the country. It is poised to add significantly to that number in the coming years.
Impending Energy Tax Credit Regime Forces a Rush on Biogas Deals
Companies unsure about whether they’ll qualify for the next generation of clean energy tax credits are racing to start projects before the end of the year.
Securing Investment Tax Credits For Biogas Projects Before Year End
Biogas developers looking to take advantage of the investment tax credits (ITCs) for their “qualified biogas property” under Section 48 of the Internal Revenue Code may only have until the end of 2024 to do so. Existing ITCs were extended and expanded with the Inflation Reduction Act of 2022, including the addition of “qualified biogas property” for certain property used in the conversion of biomass into methane. The taxpaying entity could potentially qualify for a base ITC of 6%, subject to increases for smaller projects with a maximum net output less than 1 megawatt of electrical or thermal energy, or projects that satisfy the prevailing wage and apprenticeship requirements, domestic content requirements or are placed in service within an energy community. With all of the bonus credits, a taxpayer could potentially increase the ITC rate to 50%.
Renewable Natural Gas Market to Hit $24.23 Billion by 2031, Says Coherent Market Insights
The global **Renewable Natural Gas Market** Size to Grow from USD 14.03 Billion in 2024 to USD 24.23 Billion by 2031, at a Compound Annual Growth Rate (CAGR) of 8.1% during the forecast period, as highlighted in a new report published by Coherent Market Insights.* Advanced technologies for cost-effectively extracting biogas from multiple waste streams and achieving high methane content continue attracting R&D efforts. This improving feasibility and reducing costs are anticipated to lift renewable natural gas demand aiming to displace significant amounts of greenhouse gas emissions. The intensifying climate action worldwide provides encouraging prospects for the long-term renewable natural gas market growth.