RNG NEWS

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Goldman Sachs to Invest Over $1 Bln in Europe Biomethane Venture

Goldman Sachs Asset Management said on Monday it had launched a biomethane business called Verdalia Bioenergy and aimed to invest more than 1 billion euros ($1.08 billion) in Europe over the next four years.

Biomethane, a lower carbon alternative to fossil-based natural gas, is produced from the decomposition of organic waste and is seen as a key plank in efforts to lower carbon emissions in the European Union.

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Volvo Launches Powerful Biogas Truck for Lowering CO2 on Longer Transports

Volvo Trucks is now launching a new, stronger gas-powered truck that can run on liquified biogas. The new truck can carry out demanding, long distance transport tasks, while reducing overall CO2 emissions.

 Five years ago, Volvo Trucks launched its trucks that can run on liquified biogas, often called bio-LNG, which is a renewable fuel that can be produced from many types of organic waste, including food scraps. The fuel can reduce CO2 emissions by up to 100%.

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Jack Daniel's and Jim Beam Will Drink to This: It's Time To Make RNG

We can’t conjure up a more old-school, more intrinsically American industry than whiskey-making, or more iconic whiskey names than Jack Daniel’s and Jim Beam — the latter, of course, being a bourbon, a particular type of whiskey. The recipes for both “Jack” and “Jim” have remained unchanged for generations and their distillers in Tennessee and Kentucky, respectively, are traditionalists to their core. That doesn’t mean, though, that they’re unaware of the need to reduce their greenhouse gas (GHG) emissions — or are blind to the opportunities that decarbonization may present. Now, as we discuss in today’s RBN blog, both Jack Daniel’s and Jim Beam are all-in on producing renewable natural gas (RNG) from spent grains.

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DSV Places Initial Order for 10 Electrified Trucks as Part of North American Emissions-Reduction Initiative

Exclusive early access to innovative technologies selected for Hyliion’s early adopters’ program, the leading transport and logistics company DSV has had the opportunity to place an initial order for 10 electrified trucks for its North American long-haul lanes. With its global presence, DSV optimizes customers’ supply chains across 80 countries, offering everything from contract logistics to air, sea and road freight. The 10 Hyliion Hypertruck ERX units will add to DSV’s North American existing fleet of 50 trucks and make up more than 15% of the asset-light company’s owned fleet carrying customers’ goods across the continent. Continuously seeking to optimize and adjust its services to the needs of its customers, DSV will use the electrified trucks to offer lower-emission transport on its Pan-American routes. Robert Greene, President of DSV Road US says:

“We’re experiencing growing demand for lower-emission freight solutions. Our customers are increasingly conscious of their carbon footprint, and we are thrilled to offer services that align with their needs. Additionally, investing in electrified trucks and innovative technology is a step toward preparing DSV for the future. Because if there’s one thing we know for certain, it’s that we must be prepared for changes in customer demands.”

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Minnesota Green Hydrogen Facility Registers Certificates on Renewable Thermal Tracking Platform

CenterPoint Energy, Minnesota’s largest natural gas utility, has registered a green hydrogen facility on the M-RETS renewable thermal tracking system to track renewable thermal certificates.  

CenterPoint Energy’s facility, which began operations in 2022, is the first-ever green hydrogen facility to register with a tracking system in North America and the company is receiving the nation’s first RTCs issued for green hydrogen, M-RETS said.

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