World Energy secures permit for Sustainable Aviation Fuel plant in Southern California
World Energy, a carbon-net-zero solutions provider, has secured the critical permits required to increase output by 700 percent at its Southern California renewable fuels production facility, the world's first and North America's only commercial-scale Sustainable Aviation Fuel (SAF) production site.
The low-carbon fuels innovator, which has produced SAF at a commercial scale since 2016, is teaming up with Air Products and Honeywell to build the most technologically advanced production and distribution hub ever constructed. Together, along with more than 15 other leading firms, the companies are collaborating to speed up and expand the decarbonization of aviation.
The former oil refinery site will never again refine fossil fuels. By 2050 the facility will produce fuels that will displace over 76 million metric tons of carbon dioxide, the equivalent of 3.8 million carbon-net-zero flights from Los Angeles to New York. The facility was launched in Paramount, using Honeywell UOP's EcofiningTM technology in 2013, with production commencing in 2016.
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April 26, 2022
Bristol Myers Squibb signs PPA with EDPR for 240 MW Cattlemen Solar Park in Milam County
EDP Renewables SA (EDPR), through its fully owned subsidiary EDP Renewables North America LLC (EDPR NA), and Bristol Myers Squibb have executed a 15-year power purchase agreement (PPA) for a 60 MW por...
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April 21, 2022
Virginia Energy Resources Inc to build a solar project in Pittsylvania
Virginia Energy Resources Inc. has signed an option agreement with a solar development company to evaluate the feasibility of a solar energy generation facility on approximately 1,000 acres of land in...
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April 21, 2022
Ormat seals PPA for 26 MW Heber South 2 Geothermal project in Imperial Valley
Ormat Technologies Inc. has signed a 15-year power purchase agreement (PPA) effective January 1, 2023, with Peninsula Clean Energy, a Community Choice Aggregator (CCA) that provides more than 3,500 gi...
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April 20, 2022
Hull Street Energy closes US$1.125 bn hard cap for its second institutional fund
Hull Street Energy has achieved the final closing for its second institutional fund, Hull Street Energy Partners II, L.P. The Fund, which targets investments in the North American power sect...
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April 20, 2022
Ormat seals PPA for 26 MW Heber South 2 Geothermal project in Imperial Valley
Ormat Technologies Inc. has signed a 15-year power purchase agreement (PPA) with Peninsula Clean Energy, a Community Choice Aggregator (CCA). Under the agreement, the CCA will purchase 26 MW of clean,...
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