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Aemetis CCS Plan Feasibility Confirmed (Ind. Report)
Aemetis
Date: 2021-08-20
A new carbon capture and sequestration (CCS) study by Baker Hughes, commissioned by renewable natural gas (RNG) and renewable fuels specialist Aemetis subsidiary Aemetis Carbon Capture has concluded that more than 2 million metric tpy of CO2 can be removed from the atmosphere and safely stored the earth at two Aemetis ethanol plant sites in California.

The Baker Hughes study estimated that 1.0 million mtpy CO2 can be sequestered in the saline formations located deep underground at or near the Aemetis Keyes ethanol plant site. The study also noted that up to 1.4 million mtpy of CO2 should be injectable at or near the Aemetis Riverbank site. Once complete, the Aemetis Carbon Capture CCS project is expected to capture and sequester more than 2 million mtpy of CO2 at the two Aemetis biofuels plant sites in Keyes and Riverbank, California. Each MT of CO2 is planned to generate approximately $200 per MT from the California Low Carbon Fuel Standard and $50 per MT of IRS 45Q tax credit. Legislation is pending in Congress to increase the federal tax credit to $80 per MT of CO2 and to provide billions of dollars of grants and loans to finance CCS projects in the U.S., according to the release. (Source: Aemetis, PR, 18 Aug, 2021) Contact: Aemetis, Eric McAfee, CEO, (408) 213-0940, emcafee@aemetis.com, www.aemetis.com

More Low-Carbon Energy News Aemetis,  CCS,  RNG,  


Worley Tapped for Aemetis Carbon Zero Plant (Ind. Report)
Aemetis
Date: 2021-06-18
Following up on our 30th April report, Cupertino, California-based renewable natural gas (RNG), renewable fuel and biochemicals specialist Aemetis, Inc. reports it has awarded an engineering services contract to Worley for the Aemetis Carbon Zero renewable jet and diesel plant in Riverbank, California.

The Aemetis Carbon Zero renewable jet and diesel project is designed to "hydrotreat" renewable oils with hydrogen from orchard and forest wood waste. By utilizing hydroelectric electricity and carbon sequestration along with negative carbon intensity hydrogen, the Aemetis plant is expected to produce among the lowest carbon intensity renewable jet and diesel fuel in the world.

Worley is providing engineering to implement Axens renewable jet and diesel technology at the Riverbank site. Axens's technology hydrotreats a wide range of lipids to produce low-density and high cetane renewable diesel and renewable sulphur-free jet fuel. The Axens technology produces renewable jet and renewable diesel in an integrated process. (Source: Aemetis, Website PR, 16 June, 2020) Contact: Worley, www.worley.com; Aemetis Biogas, Andy Foster, Pres., Aemetis, Eric McAfee, CEO, (408) 213-0940, emcafee@aemetis.com, www.aemetis.com; Axens, Patrick Sarrazin, Exec. VP, www.axens.com

More Low-Carbon Energy News Axens,  Aemetis,  Worley,  RNG,  


Aemetis Carbon Zero Renewable Fuels Plant Permitted (Ind. Report)
Aemetis
Date: 2021-04-30
Cupertino, California-based renewable natural gas and renewable fuels specialist Aemetis, Inc. is reporting receipt of nineteen construction permits from the San Joaquin Valley Air Pollution Control District related to its Carbon Zero renewable fuels biorefinery at the Riverbank Industrial Complex in Riverbank, California. Each permit states a specific set of equipment and the conditions for operation of each unit.

The Carbon Zero biorefinery is supported by $17 million of grant funding from the California Energy Commission and the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) and is slated to begin operations in 2023, then double production capacity by year 2025. (Source: Aemetis, Inc. , PR, 29 Apr., 2021)Contact: Aemetis, Eric McAfee, CEO, (408) 213-0940, emcafee@aemetis.com, www.aemetis.com

More Low-Carbon Energy News RNG,  Aemetis,  Ethanol,  California Air Resources Board,  


Aemetis Upgrading CA Ethanol Plant for Alcohol Prod.(Ind. Report)
Aemetis
Date: 2020-08-21
Cupertino, California-based biofuels producer Aemetis reports it is upgrading its Keyes, California, ethanol plant to produce 65 million gpy of US Pharmacopeia (USP) grade alcohol by Q1, 2021. A new subsidiary, Aemetis Health Products, will blend gel and liquid sanitizer.

Aemetis also notes the COVID-19 pandemic has delayed project financing for a planned 12-million gpy cellulosic ethanol facility in Riverbank, California, construction of which is anticipated to take roughly 18 months to complete. (Source: Aemetis, OPIS, 21 Aug., 2020)Contact: Aemetis, Eric McAfee, CEO , Todd Waltz, (408) 213-0940, emcafee@aemetis.com, www.aemetis.com

More Low-Carbon Energy News Aemetis ,  Ethanol,  


USDA Commits to $125Mn Aemetis Riverbank Biorefinery (Funding)
Aemetis
Date: 2019-02-13
Following up on our 24th January coverage, Cupertino, California-based Aemetis, Inc. is reporting the USDA has issued a Conditional Commitment under the 9003 Biorefinery Assistance Program to guarantee a $125 million, 20-year loan to company's cellulosic ethanol plant to be built in Riverbank, California. The Riverbank plant is designed to convert orchard, forest and other biomass waste into cellulosic ethanol with below zero carbon emissions.

The Riverbank biorefinery project recently won a $12 million California state tax waiver and a $5 million California Energy Commission Notice of Proposed Award. Preliminary engineering for the project has been completed and construction is expected to get underway in mid-2019. (Source: Aemetis, PR, 12 Feb., 2019) Contact: Aemetis, Eric McAfee, CEO , Todd Waltz, (408) 213-0940, investors@aemetis.com, www.aemetis.com

More Low-Carbon Energy News Riverbank ,  Aemetis,  USDA,  Cellulosic Ethanol,  


Aemetis Biofinery USCIS EB-5 Phase II Approved (Ind. Report)
Aemetis
Date: 2019-01-24
Cupertino, California-headquartered Aemetis, Inc. reports the US Customs and Immigration Service (USCIS) has issued an I-924 Exemplar Approval for its $50 million EB-5 Phase II funding related to the Aemetis Riverbank cellulosic biorefinery project in California.

Three EB-5 investors filed with the USCIS and funded $1.5 million to the Aemetis project in December 2018 to launch the $50 million EB-5 Phase II funding round. I-924 Exemplar Approval allows foreign investors to utilize project approval for faster EB-5 processing

The Aemetis Riverbank cellulosic biorefinery is designed to produce below zero carbon biofuels from agricultural waste that could otherwise be burned in the Central Valley. The USCIS I-924 Exemplar Approval is in addition to California state governmental support through the recent award of $12.7 million of sales and use tax waivers for equipment and other purchases for the construction of the Aemetis Riverbank plant. (Source: Aemet1s, PR, EIN, 24 Jan., 2019) Contact: Aemetis, Eric McAfee, CEO , Todd Waltz, (408) 213-0940, investors@aemetis.com, www.aemetis.com

More Low-Carbon Energy News Aemetis,  Cellulosic Biofuel,  

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