The global biofuels industry is in a state of transition moving towards new non-food feedstocks and new fuels and this will lead to a significant drop in production capacity growth over the next four years, according to Lux Research.
Lignol Energy Corp. (LEC) has signed an agreement that will see its Australian subsidiary Territory Biofuels Ltd. (TBF) form a joint venture with Milio International. Under terms of the JV, Milio will fund up to 120,000 tonnes of feedstock annually and facilitate sales of biodiesel produced at TBF’s 140 million litre facility in Darwin.
A new report from KPMG says that plug-in electric hybrid vehicles are going to lead the race in cleaner and more efficient vehicles. Despite the expected win for hybrids, automakers have shifted their attention back to internal combustion engines (ICE) for further efficiency investments.
Ballard Power Systems has inked a fuel cell module supply agreement with Solaris Bus and Coach. The Vancouver-based company will deliver two FCvelocity-HD7 to Solaris later this year to be used in buses deployed in Hamburg, Germany.
Significant global sales volumes of electric vehicles in 2014 is just the beginning of what could be an impressive run over the next 9 years according to data from Navigant Research. The firm said in a recent webinar that growth in EVs sales will be far and above those in traditional light duty vehicles (LDVs).