Brazilian energy company Raizen and Shell have clinched a deal with Ferrari to supply biofuel to its Formula One team next year.
The team will begin using 10% second generation ethanol blend in its fuel from next season.
The International Automobile Federation (FIA) wants all racing cars to use only sustainable fuels by 2025.
The second-generation ethanol to be used by Ferrari is made of sugarcane bagasse.
Second-generation ethanol is already produced in a Raizen unit in Sao Paulo state and raises ethanol productivity by 50% without adding planted area, according to Raizen.
The company is building a second factory to produce cellulosic ethanol, Reuters reported, which will raise annual second-generation ethanol capacity from 40 million litres to 120 million litres by 2023.
“We currently produce 4 billion litres of first-generation ethanol, so we could have additional 2 billion litres of second generation with no increase in planted area" said Raizen CEO Ricardo Mussa.
Mussa said each new unit to produce second-generation ethanol costs between 800 million reais (€127 million) and 1 billion reais (€160 million).
Don't forget our world-leading Biofuels International Conference and Expo takes place in Brussels on March 15-16 with some great speakers participating. For more information go to https://biofuels-news.com/conference/
Popular News Stories
LATEST VIDEOHow sustainable aviation fuel (SAF) is making its way in the aviation sector