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New Energies
USA BioEnergy Secures Texas Land for $2.8B Biorefinery
USA BioEnergy subsidiary Texas Renewable Fuels plans to annually convert 1 million tons of forest thinnings into 65 million gallons of net-zero transportation fuel, including SAF and renewable naphtha.
Montana Renewables Closes $1.44B DOE Loan for Facility Expansion
The expansion project will lift annual production capacity to about 300 million gallons of sustainable aviation fuel (SAF) and 330 million gallons of combined SAF and renewable diesel.
Biofuels Sector Unsatisfied with Clean Fuels Credit Guidance
The Treasury Department released guidance clarifying eligibility for the 45Z credit and which fuels are eligible, but holes remain.
Energy Transition in Motion (Week of Jan. 10, 2025)
Here is a look at some of this week’s renewable energy news, including guidance on technology-neutral clean electricity credits.
Constellation Bets Big on NatGas in $16.4B Deal for Calpine
Constellation Energy will acquire Calpine Corp. in a $26.6 billion deal, including debt, that will give the pure-play nuclear company the largest natural gas power generation fleet.
Ameren’s Huck Finn Solar Project Begins Commercial Operations
Ameren Missouri’s Huck Finn Renewable Energy Center commenced solar operations in December to service Audrain and Ralls counties, Missouri.
Origis Completes $415MM Funding for Texas Solar Project
Origis Energy’s Swift Air Solar project, which is currently under construction, will enter commercial production in mid-2025.
LS Power Completes Acquisition of Algonquin Power’s Renewables Unit
With the transaction’s closure on Jan. 8, LS Power formed Clearlight Energy to manage the acquired renewable energy assets.
CIP Taps Canadian Solar for 2GWh of Energy Storage
Canadian Solar’s e-STORAGE received contracts for the 1-GWh Coalburn 2 and the 1-GWh Devilla projects in the U.K.
Aalo Atomics Advancing Microreactor Tech for US Energy Needs
Aalo Atomics intends to build an experimental microreactor facility at the Idaho National Laboratory.