Calumet lands $1.4B federal loan for renewable fuels facility
The funding, announced this week, will support the expansion of a renewable fuels facility that will produce sustainable aviation fuel, or SAF.
The funding, announced this week, will support the expansion of a renewable fuels facility that will produce sustainable aviation fuel, or SAF.
Earlier this year, an Indiana group seeking to land one of the hydrogen hubs joined forces with a coalition representing Michigan and Illinois to enhance the chance.
The plan represents a decline from a proposal announced last year and drew immediate criticism from the biofuels industry. Environmental groups also were disappointed, saying EPA’s continued push for ethanol and other biofuels will hamper U.S. climate efforts.
Cummins brought in $176 million—a tiny fraction of its overall revenue—from its electric and hydrogen products last year. But the company expects revenue to hit as much as $13 billion in 2030.
The rebranding is an attempt to differentiate what until now had been known as Cummins’ New Power business unit, giving it a separate identity from the rest of the 104-year-old company, which has traditionally been known for its diesel engines.
Shell, which recently signed a five-year extension to be the fuel sponsor for the open-wheel series, announced plans Friday to switch to a low-carbon fuel in 2023.
Manufacturers of large trucks and commercial vehicles are beginning to embrace hydrogen fuel cell technologies as a way forward. So are makers of planes, trains and passenger vehicles. But without advancements, hydrogen cannot yet be considered clean energy.
Biofuels producers and some of their supporters in Congress say now is the time to increase sales of ethanol and biodiesel, not abandon them.
Ian Hamilton launched Atlas Energy Systems LLC in 2013, repurposing the space-race technology into thermionic energy converters.
The operation, which is expected to employ 136 in Steuben County by 2019, will convert scrap plastic into ultra-low sulfur diesel and gasoline blendstocks.
Indianapolis-based Delco Foods plans to break ground Wednesday on a new compressed natural gas fueling station at 8775 Zionsville Road to serve its own delivery fleet as well as the public.
Natural gas advocates want to create incentives for building fueling stations across the state in hopes that more people will operate vehicles using alternative fuels.
Indianapolis Power & Light Co. will install 26 vehicle-charging stations at three city locations to assist with Mayor Greg Ballard's goal of converting the city fleet to gas alternatives by 2025.
Plug-in electric vehicles, which are struggling to gain traction nationwide, have even less appeal in central Indiana than they do in most areas of the country, a new study says.
In a sign of the rising popularity of natural gas engines, the Indianapolis-based distributor of alcoholic beverages will make 85 of its 105 trucks run on natural gas by 2015.
Local utility trust Citizens Energy Group plans to sell liquefied natural gas for use in cross-country semi trucks as a lower-cost alternative to diesel fuel.
Waning demand for gasoline is putting the United States on course to miss a target for ethanol use for the first time, signaling no let-up in the slide in prices.
A Russian timber tycoon who poured millions into a battery maker with Hoosier roots is the new owner of Ener1 Inc. Boris Zingarevich supplied $50 million for Ener1’s March 30 exit from bankruptcy and is moving its headquarters from New York to Indianapolis—already home to its core subsidiary, EnerDel.
The Department of Public Works bought Ford Fusion hybrids after the purchase of Toyota’s a few years ago stirred controversy.
The alternative fuel may soon generate more cash for local firms because it’s much cheaper than gasoline.