The FCC, with an estimated £70 million ($90.85 million) of initial capital, will focus on 150 -- 200 stocks invested across 25 themes, with no company in the portfolio having a higher temperature than 2.5 degrees.
The FCC is the first active global equity fund to be "climate-aligned" -- meaning it is committed to having a portfolio temperature below 2 degrees as per the Paris Agreement target, according to Fulcum. (Source: Fulcrum Asset Management
Contact: Fulcrum Asset Management, Andrew Stevens, CEO, +44 (0) 207 016 6450, www.fulcrumasset.com
More Low-Carbon Energy News Fulcrum Asset Management, Climate Change,
The report identifies key industry and market players -- GE Aviation, Rolls-Royce, SkyNRG, Swedish Biofuels, UOP, Amyris, AltAir Fuels, Byogy Renewables, Fulcrum BioEnergy, Gevo, Sasol, Mobil, and Syntroleum Corporation -- their products and production capacity, market share and other relevant aviation alternative fuel data.
Free Sample PDF (including full TOC, Tables and Figures) of the Global Aviation Alternative Fuel Market report HERE. Report purchase details HERE. (Source: Report Hive Research, April, 2020) Contact: Report Hive Research, 312-604-7084, email@example.com, www.reporthive.com
More Low-Carbon Energy News Aviation Biofuel,
As previously reported , United agreed to purchase up to 10 million gallons of sustainable aviation fuel (SAF) over the next two years.
United also invested over $30 million in Fulcrum Bioenergy, a producer of SAF. The airline's option to purchase almost one billion gallons of sustainable fuel from Fulcrum represents the largest offtake agreement for SAF in the airline industry. (Source: United Airlines, Biofuels Int;l., 28 Oct., 2019) Contact: United Airlines, ;F ulcrum Bioenergy, Rick Barraza, VP Administration, (925) 224-8244, firstname.lastname@example.org, www.fulcrum-bioenergy.com, www.facebook.com/fulcrumbioenergy
More Low-Carbon Energy News SAF, Aviation Biofuels, Jet Biofuel, United Airlines, Fulcrum, Bioenergy,
TRI is a leading provider of steam reforming gasification systems suitable for Municipal Solid Waste (MSW), woody biomass, agricultural residues and other waste feedstocks. Its systems have been selected for and deployed on various commercial North American projects including the Fulcrum Bioenergy Project Sierra Biorefinery in Nevada and Norampac black liquor gasification, a division of Cascades Paper. Additionally, TRI's multi-feedstock, fully-integrated biorefinery in Durham, North Carolina has run for over 13,000 hours, successfully producing syngas that is particularly well-suited to generating Fischer-Tropsch liquids and upgrading to ASTM-certified fuels. (Source: ThermoChem Recovery International, Inc. , 29 Jan., 2019)
Contact: AXA XL, www.axaxl.com; New Energy Risk, www.newenergyrisk.com; http://tri-inc.net/steam-reforming-gasification; ThermoChem Recovery International, Dan Burciaga, Pres., CEO, www.tri-inc.net
More Low-Carbon Energy News ThermoChem Recovery International, Biofuel, Biorefinery,
The project will receive $2.1 million support from the state' Economic Development for a Growing Economy (EDGE) conditional tax credits as well as local incentives. Construction is expected to break ground
in 2020. (Source: Fulcrum Bioenergy, WBAA, 14 Dec., 2018) Contact: Fulcrum Bioenergy, Rick Barraza, VP Administration, (925) 224-8244, email@example.com, www.fulcrum-bioenergy.com, www.facebook.com/fulcrumbioenergy
More Low-Carbon Energy News Fulcrum Bioenergy, Waste-to-Biofuel,
The Sierra BioFuels Plant will employ Praxair's proprietary HOB technology for increasing syngas yield from the gasification process. HOB technology enables rapid partial oxidation of remaining hydrocarbons and tars in the produced syngas without the need for a catalyst or steam injection. The HOB technology, coupled with gasification in Fulcrum's process, will help transform municipal solid waste (MSW) into renewable crude, jet fuel, and other low-carbon transportation fuels. (Source: Praxair, GasWorld, 12 Nov., 2018)Contact: Praxair, www.praxair.com; Fulcrum Bioenergy, Rick Barraza, VP Administration, (925) 224-8244, firstname.lastname@example.org, www.fulcrum-bioenergy.com, www.facebook.com/fulcrumbioenergy
More Low-Carbon Energy News MSW, Fulcrum Bioenergy,
Fulcrum plans to use an alternative, independent energy provider for a biorefinery currently under construction in Storey County, Nevada, according to documents submitted to the PUC.
Six major corporate customers have have opted for substantial "but-outs" to exit NV Energy, including: Barrick Gold, MGM Resorts International, Caesars Entertainment Corp, Peppermill Resorts and Wynn Resorts Ltd. (Source: Las Vegas Review-Journal, 31 Oct., 2018)
Contact: Fulcrum Bioenergy, Rick Barraza, VP Administration, (925) 224-8244, email@example.com, www.fulcrum-bioenergy.com, www.facebook.com/fulcrumbioenergy
More Low-Carbon Energy News Fulcrum , Fulcrum Sierra Biofuel,
When fully operational early in 2020, the Sierra plant is expected to convert approximately 175,000 tpy of household garbage into roughly 11 million gpy of jet fuel.
FT technology can operate at large and small scale to economically convert synthesis gas generated from municipal solid waste and other renewable biomass into long-chain hydrocarbons suitable for the production of diesel and jet fuels.
(Source: Johnson Matthey, BP, WMW, 2 Oct., 2018)
Contact: Johnson Matthey, www.matthey.co; Fulcrum Bioenergy, Rick Barraza, VP Administration, (925) 224-8244, firstname.lastname@example.org, www.fulcrum-bioenergy.com, www.facebook.com/fulcrumbioenergy
More Low-Carbon Energy News Johnson Matthey, BP, Fulcrum BioEnergy,
The airline also noted a recent Boeing 787 flight from San Francisco to Zurich using a 30/70 blend of biofuel and conventional jet fuel. The biofuel was produced from Carinata seeds by Quebec-based Agrisoma Biosciences Inc and supplied by AltAir Fuels.
According to United, the airline has sourced more than 2 million gallons of sustainable aviation biofuel since 2016 and is responsible for more than 50 pct of the airline industry's commitments to biofuel.
Additionally, United was the first airline to regularly use sustainable aviation biofuel and has invested over $30 million in sustainable aviation fuels producer Fulcrum BioEnergy.
(Source: United Airlines, Environmental Leader, Sept., 2018) Contact: United Airlines, www.corporate-office-headquarters.com/united-airlines; Agrisoma Biosciences Inc., Steve Fabijanski, CEO, www.agrisoma.com; AltAir Fuels ,
Tom Todaro, CEO, (843) 720-8920, (562) 748-4726, www.altairfuels.com
More Low-Carbon Energy News AltAir Fuels, Aviation Biofuel, Agrisoma,
The company plans to complete the biorefinery in late 2019 and be in full production in 2020 when it will convert approximately 175,000 tpy of household garbage into more than 10.5 million gpy of biofuel, according to the company. (Source: Fulcrum, Nevada Appeal, 23 July, 2018)Contact: Fulcrum Bioenergy Inc, Rick Barraza, VP Administration, (925) 224-8244, email@example.com, www.fulcrum-bioenergy.com, www.facebook.com/fulcrumbioenergy
More Low-Carbon Energy News Fulcrum BioEnergy, Waste-to-Fuel,
Biofuels Digest noted that the Aemetis Riverbank project combines the best technology from leading technology providers LanzaTech and InEnTec with the local availability of waste orchard wood and other feedstock that can be used to produce Aemetis' high value cellulosic ethanol and valuable byproducts.
Aemetis owns and operates a 60 million gallon per year ethanol production facility in California's Central Valley, near Modesto. Aemetis also owns and operates a 50 million gpy renewable chemical and advanced fuel production facility in India producing distilled biodiesel and refined glycerin for the Indian, US and European markets. The company also operates an R&D laboratory, and holds a portfolio of patents and related technology licenses for the production of renewable fuels and biochemicals. (Source: Aemetis, PR, 19 June, 2018) Contact: Aemetis, Todd Waltz, (408) 213-0940, firstname.lastname@example.org, www.aemetis.com
More Low-Carbon Energy News Renewable Fuel, BiochemicalAemetis, Ethanol, Cellulosic Ethanol, Biofuel,
In 2014, Cathay Pacific became an equity investor in US-based Fulcrum BioEnergy Inc., which focuses on turning municipal solid waste into sustainable aviation fuel.
As previously reported, Fulcrum broke ground on its first commercial-scale plant last month in Nevada. When fully operational in 202, the plant is expected to produce approximately 10 million gpy. (Source: Cathay Pacific, 4 June, 2018)Contact: Cathay Pacific, Rupert Hogg, CEO, www.cathaypacific.com;
Fulcrum Bioenergy Inc, Rick Barraza, VP Administration, (925) 224-8244, email@example.com, www.fulcrum-bioenergy.com, www.facebook.com/fulcrumbioenergy
More Low-Carbon Energy News Cathay Pacific, Aviation Biofuel, Jet Biofuel, Fulcrum BioEnergy ,
The Sierra project will utilize Fulcrum's proprietary thermochemical process to convert household garbage into low-carbon transportation fuels which, when compared to traditional petroleum transportation fuel, will reduce greenhouse gas emissions by more than 80 pct., according to the company.
When commissioned and fully operational in Q1, 2020, Sierra will convert approximately 175,000 tpy of household garbage into more than 10.5 million gpy of biofuel, according to the company. (Source: Fulcrum Bioenergy Inc., PR, 16 May, 2018) Contact: Fulcrum Bioenergy Inc, Rick Barraza, VP Administration, (925) 224-8244, firstname.lastname@example.org, www.fulcrum-bioenergy.com, www.facebook.com/fulcrumbioenergy
More Low-Carbon Energy News Fulcrum BioEnergy, Biofuel, Waste-to-Fuel,
New Energy Risk, an affiliate of global insurance giant XL Catlin, provided performance insurance to support the project's financing. The insurance complemented Fulcrum's patented technology, industry-leading development team and process, as well as feedstock and off-take strategies, in order to increase project attractiveness to investors. Fulcrum's existing investors include US Renewables Group, Rustic Canyon Partners, United Airlines, Waste Management, BP, and Cathay Pacific.
(Source: XL Catlin, 12 Dec., 2017) Contact: New Energy Risk, Tom Dickson, CEO, www.newenergyrisk.com; XLCaitlin, www.xlcatlin.com; Fulcrum Bioenergy, www.fulcrum-bioenergy.com
More Low-Carbon Energy News Fulcrum Bioenergy,
BMCC is working collaboratively with regulators including the New York City Department of Buildings and The New York City Fire Department for permits to store solar power in two 100-kWh backup batteries for emergency and peak-load periods. The project, a collaborative effort between the New York Power Authority's Energy Services Program and BMCC/CUNY, is part of a greater effort to reduce CUNY's utility costs, improve energy efficiency and reduce its carbon footprint.
Project design and construction were led by The Fulcrum Group, which contracted with Solar Liberty and Maric Mechanical to complete the PV system installation. (Source: NYPA, BMCC, PR, 29 Nov., 2017) Contact: The Fulcrum Group, www.thefulcrumgroup.com; NYPA, (914) 681-8186, email@example.com, www.nypa.gov
More Low-Carbon Energy News New York Power Authority, Solar, Vertical Solar,
Abengoa will complete the engineering, design, construction and commissioning of the 10 million gpy plant in Nevada.
The engineering, procurement and construction works are expected to begin immediately and are expected to be completed within 24 months.
(Source: Abengoa, PR, 8 Nov., 2017)Contact: Abengoa, www.abengoa.com; Fulcrum BioEnergy, Jeanne Benedetti, VP, Jim Macias, CEO, Pres., (925) 730-0150, firstname.lastname@example.org, www.fulcrum-bioenergy.com
More Low-Carbon Energy News Fulcrum BioEnergy, Abengoa, MSW ,