Scandinavian Biogas Signs Bio-LNG Delivery Agreement with German LNG Distributor Alternoil Scandinavian Biogas has entered a long-term agreement with Alternoil for the delivery of Bio-LNG to be included in the climate-neutral fuel REEFUEL distributed on the German transportation market. The agreed volumes are 8,000 tonnes during ramp up in 2024 to be 11,500 tonnes (160 GWh) per year from 2025 to 2030. Corresponding to over 1 TWh energy with a total order value of approximately SEK 2,7 billion. The agreement also includes the optionality to increase volumes up to 2 TWh corresponding to SEK 4.7 billion. | Companies Announce Order for Conversion of Aircraft to Be Powered by Green Hydrogen At the UP.Summit, an annual gathering of leaders in air transport innovation hosted by venture capital firm UP.Partners, Universal Hydrogen Co. and Connect Airlines, a division of Waltzing Matilda Aviation, announced that the airline has placed a firm order to convert 75 ATR 72-600 regional airplanes to hydrogen powertrains, with purchase rights for an additional 25 conversions. Deliveries will start in 2025. The agreement follows an initial letter of intent (LOI) between the companies announced in 2021. |