Top 10 Alternative Fuel Solutions Companies – 2024

The traditional energy landscape, dominated by fossil fuels, is undergoing a profound transformation in the face of climate change as the quest for sustainable energy solutions intensifies. Alternative fuels, encompassing a spectrum of renewable and low-carbon options, hold the key to unlocking a more sustainable energy paradigm. On that note, the alternative fuel market is expected to reach $1853.52 billion by 2032, expanding at a CAGR of 16.4 percent.

The market growth can be primarily attributed to widespread investments in biofuels and hydrogen and electric vehicles by governments and enterprises to promote reduced carbon emissions and high energy efficiency. High prices of fossil fuels, growing adoption of clean mobility solutions and rising government investments in CNG and LNG are some of the factors expected to propel market expansion.

This edition of Energy Business Review presents the most impactful developments in alternative fuels brought on by leading players in this segment. It features thought leadership articles from Joe Mazza, Vice President of Energy Supply and Resource Development at FortisBC, who sheds light on how natural gas, particularly renewable and low-carbon gas, is key to achieve rapid decarbonization. It also includes a perspective from Mark Reese, Vice President of U.S. Natural Gas Supply at Just Energy, who explains the importance of breaking down organizational silos and fostering integration and collaboration among marketing, sales and trading departments to achieve success in the retail energy sector.

The edition also features BioProducts, LLC. a leading agricultural technology company specializing in processing agricultural waste in an environmentally conscious and economically advantageous manner. It focuses on developing alternative fuels and other value-added products from sustainable biomass, advocating environmental integrity and sustainability on a global scale.

In this edition highlighting Top Alternative Fuel Solutions Providers 2024, we hope you find the ideal partner to drive innovation and advance the transition towards a cleaner, more sustainable energy future.

Alternative Fuel | Energy Business Review

Alternative Fuel - 2024

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BioProducts, LLC.

BioProducts, LLC., is committed to environmentally conscious and economically beneficial processing of agricultural waste and specializes in the application of cutting-edge technologies alongside its proprietary patented technology. It focuses on transforming waste into value-added products, contributing to sustainable and innovative solutions for agricultural byproducts.

We Have A Better Way To Do It; Our Technology And Products Are Developed To Provide Benefits To Our Environment Rather Than Polluting And Harming It

Dr. Jagannadh Satyavolu, Founder And Ceo
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WastAway

WastAway, based in Morrison, Tenn., is a leading green technology company boasting a multi-patented equipment design and processing system that converts municipal solid waste (MSW) to fuel, achieving 85 percent landfill diversion. WastAway’s technology removes metals (ferrous and non-ferrous), plastics, glass and ceramics for recycling and converts the remaining waste into sterile carbon rich sustainable engineered fuel for a variety of uses. Its renewable – negative carbon footprint – products include a soil enrichment additive; a proven, high-BTU coal replacement fuel for cement kilns, power plants, steel mills, pulp mills and other solid fuel users; biofuels through gasification and pyrolysis; renewable natural gas (RNG) through anaerobic digestion and building materials through extrusion processes. WastAway was founded in 2002 as a subsidiary of Bouldin Corporation, which began in 1959 as Bouldin & Lawson, a manufacturer of agricultural and horticultural machinery for the greenhouse and nursery industries.

We take municipal solid waste as our initial feedstock, offering a solution for those seeking alternatives to landfills. Our technology stands as one of the few in the world capable of legitimately diverting 85 percent of waste from a typical waste stream into valuable and beneficial products

Mark Brown, CEO
Calgren Renewable Fuels

Calgren Renewable Fuels is committed to producing sustainable, low-carbon biofuels. Their vision encompasses environmental stewardship, economic growth, and community development, through innovative technologies and partnerships, Calgren aims to lead the way towards a greener, and more sustainable future.
HIF Global

HIF Global leverages renewable energy to craft green hydrogen through electrolysis while capturing CO from various sources. Their synthesis process ingeniously merges green hydrogen with CO, yielding a fossil fuel alternative seamlessly compatible with existing engines and infrastructure.
HydrogenXT

HydrogenXT, pioneers clean energy solutions for the societal shift towards electric vehicles (EVs). Their patented hydrogen vehicle refueling process promises to revolutionize EV power, offering a clean and renewable energy source.
IRD Fuel Cells

IRD Fuel Cells, pioneers sustainable energy solutions, committed to a greener future, they strive to be the premier supplier of unlimited energy solutions, providing tailored components to reduce total energy costs, they aim to fulfill technology visions with top-quality, high-performance, durable products, ensuring efficient delivery.
PowerTap

PowerTap is at the forefront of renewable energy solutions, employing state-of-the-art technology to convert sustainable resources into premium fuels. Their efficient approach drives the transition towards a more sustainable future, offering cutting-edge solutions for energy production.
Sustainable Oils

Sustainable Oils is a leader in renewable diesel production, with Camelina as their preferred crop feedstock. Their renewable diesel, derived from Sustainable Oils Camelina, meets engine specifications, matching petroleum-derived diesel, and is the exclusive choice for California’s LCFS.
Velocys

Velocys, has spearheaded innovation in sustainable fuel technology for two decades, catalyzing a transformative shift towards eco-friendly aviation fuels derived from waste materials. Their integrated solutions, spanning reactors, catalysts, and engineering services, empower project developers and operators in driving positive change.
xF Technologies

xF Technologies specializes in producing innovative chemicals known as 408s, derived from biomass sugars and alcohols. These substances offer superior performance to traditional ingredients, often replacing multiple components in formulations, resulting in substantial cost savings and enhanced environmental health and safety ratings.
BioProducts, LLC.

BioProducts, LLC., is committed to environmentally conscious and economically beneficial processing of agricultural waste and specializes in the application of cutting-edge technologies alongside its proprietary patented technology. It focuses on transforming waste into value-added products, contributing to sustainable and innovative solutions for agricultural byproducts.
We Have A Better Way To Do It; Our Technology And Products Are Developed To Provide Benefits To Our Environment Rather Than Polluting And Harming It

Dr. Jagannadh Satyavolu, Founder And Ceo
WastAway

WastAway, based in Morrison, Tenn., is a leading green technology company boasting a multi-patented equipment design and processing system that converts municipal solid waste (MSW) to fuel, achieving 85 percent landfill diversion. WastAway’s technology removes metals (ferrous and non-ferrous), plastics, glass and ceramics for recycling and converts the remaining waste into sterile carbon rich sustainable engineered fuel for a variety of uses. Its renewable – negative carbon footprint – products include a soil enrichment additive; a proven, high-BTU coal replacement fuel for cement kilns, power plants, steel mills, pulp mills and other solid fuel users; biofuels through gasification and pyrolysis; renewable natural gas (RNG) through anaerobic digestion and building materials through extrusion processes. WastAway was founded in 2002 as a subsidiary of Bouldin Corporation, which began in 1959 as Bouldin & Lawson, a manufacturer of agricultural and horticultural machinery for the greenhouse and nursery industries.
We take municipal solid waste as our initial feedstock, offering a solution for those seeking alternatives to landfills. Our technology stands as one of the few in the world capable of legitimately diverting 85 percent of waste from a typical waste stream into valuable and beneficial products

Mark Brown, CEO
Calgren Renewable Fuels

Calgren Renewable Fuels is committed to producing sustainable, low-carbon biofuels. Their vision encompasses environmental stewardship, economic growth, and community development, through innovative technologies and partnerships, Calgren aims to lead the way towards a greener, and more sustainable future.
.
HIF Global

HIF Global leverages renewable energy to craft green hydrogen through electrolysis while capturing CO from various sources. Their synthesis process ingeniously merges green hydrogen with CO, yielding a fossil fuel alternative seamlessly compatible with existing engines and infrastructure.
.
HydrogenXT

HydrogenXT, pioneers clean energy solutions for the societal shift towards electric vehicles (EVs). Their patented hydrogen vehicle refueling process promises to revolutionize EV power, offering a clean and renewable energy source.
.
IRD Fuel Cells

IRD Fuel Cells, pioneers sustainable energy solutions, committed to a greener future, they strive to be the premier supplier of unlimited energy solutions, providing tailored components to reduce total energy costs, they aim to fulfill technology visions with top-quality, high-performance, durable products, ensuring efficient delivery.
.
PowerTap

PowerTap is at the forefront of renewable energy solutions, employing state-of-the-art technology to convert sustainable resources into premium fuels. Their efficient approach drives the transition towards a more sustainable future, offering cutting-edge solutions for energy production.
.
Sustainable Oils

Sustainable Oils is a leader in renewable diesel production, with Camelina as their preferred crop feedstock. Their renewable diesel, derived from Sustainable Oils Camelina, meets engine specifications, matching petroleum-derived diesel, and is the exclusive choice for California’s LCFS.
.
Velocys

Velocys, has spearheaded innovation in sustainable fuel technology for two decades, catalyzing a transformative shift towards eco-friendly aviation fuels derived from waste materials. Their integrated solutions, spanning reactors, catalysts, and engineering services, empower project developers and operators in driving positive change.
.
xF Technologies

xF Technologies specializes in producing innovative chemicals known as 408s, derived from biomass sugars and alcohols. These substances offer superior performance to traditional ingredients, often replacing multiple components in formulations, resulting in substantial cost savings and enhanced environmental health and safety ratings.
.