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Articles tagged with: Financing

The Loaves and the Fishes: Drop-In Renewable Biofuels, from Unlikely Sources
August 2, 2011 – 10:02 am | No Comment

by Jim Lane (Biofuels Digest)  …A conversation with Terrabon COO Simon Upfill-Brown
…BD: Fuels or chemicals, for the first project?
SU-B: We are still very much focused on fuel, we feel that fuel is the way to …

Nigerian, Chinese Firms to Float N27.4b Biofuel Projects across West Africa
August 1, 2011 – 4:37 pm | No Comment

by Sulaimon Salau (The Guardian Nigeria)   Renewable energy projects in West African sub-region are set for a new shift, as a Nigerian energy firm, Global Biofuels (in alliance with some Chinese and African firms) …

Hankinson Ethanol Plant Installing Demo-Scale Anaerobic Digester
August 1, 2011 – 8:10 am | No Comment

by Holly Jessen (Ethanol Producer Magazine)  Hankinson Renewable Energy LLC, a 120 MMgy ethanol plant in Hankinson, N.D., is in the process of starting up an anaerobic digester to produce 54 MMBtu of biogas a …

Trash-to-Fuel Company Enerkem Raises Another $30M
August 1, 2011 – 8:03 am | No Comment

by Matthew Lynley (Green Beat)  Enerkem, a company that specializes in converting unusable waste into ethanol and other chemicals, announced today that it has raised $30 million in an extension of its most recent funding round.
Enerkem …

Analysis: Cellulosic Ethanol Industry Struggles to Take Off
July 28, 2011 – 11:44 am | No Comment

by Tom Doggett  (Reuters) …Despite years of research, testing and some hype, the next-generation ethanol industry is far from the commercial success envisioned by President George W. Bush in 2006, when he pledged so-called cellulosic …

SEC Wins Judgment against Rivera
July 25, 2011 – 9:32 am | No Comment

by Kevin Cooper (Natchez Democrat)  A federal judge ruled Thursday that would-be biofuels wizard John Rivera’s claims were not worth the hill of beans he claimed could be magically turned into fuel.
U.S. District Judge David …

Competition Open for Local Ecopreneurs
July 25, 2011 – 9:05 am | No Comment

(Kirriemuir Herald)  FORFAR and Kirriemuir ecopreneurs with innovative ideas for tackling climate change are invited to apply for awards of up to £40,000 each as the Shell Springboard programme opens for its seventh year.
Since 2005, …

Vegetable Oil Fuels Biodiesel Production Company in Florida Keys
July 25, 2011 – 8:59 am | No Comment

by Cammy Clark (The Miami Herald/Sun Sentinel)  Vegetable oil once used at Florida Keys restaurants and backyard fish fries is being processed into green fuel for trucks, tiki torches and a 53-foot sailboat that offers …

Is China for You? Part II: The Resources and Investor Perspective
July 25, 2011 – 6:49 am | No Comment

by Jim Lane (Biofuels Digest)  …The drivers for biofuels and cleantech as a whole? According to the 2010 China Statistical Yearbook, from 2005 to 2009 the gross domestic product of China grew at a compound …

The A.I.M. Interview: Martin Sabarsky, Cellana’s CEO
July 25, 2011 – 5:58 am | No Comment

by David Schwartz (Algae Industry Magazine) Martin Sabarsky was promoted to President and CEO of Kona, Hawaii-based Cellana in April of 2011. He now has the challenging and, if all goes well, rewarding …

Is China for You? The Opportunities, the Risks, the Way
July 22, 2011 – 9:49 am | No Comment

by Jim Lane (Biofuels Digest)  …A combination of industrial biotech know-how, an array of biomass feedstocks (particularly lignocellulose), a strong and growing domestic market, and ready access to scale-up debt for scale-up through China’s steadier …

PTTAR Shelves Jet Biofuel Project
July 20, 2011 – 9:02 am | No Comment

by Nalin Viboonchart  (The Nation)  PTT Aromatics and Refining (PTTAR) has put on hold its US$150-million (Bt4.5 billion) jet-biofuel project, given the exorbitant production cost and the likelihood that the price of the fuel would deter …

The Sugar Rush: Dow, Mitsui Revive Major Renewables Project in Brazil
July 20, 2011 – 6:30 am | No Comment

by Jim Lane (Biofuels Digest)  …In Brazil, Dow Chemical has teamed with Mitsui in a JV that will produce ethanol and bioplastics from sugarcane, which the companies are saying will be the world’s largest biopolymers investment. …

Soy Chemicals: A Global Strategic Business Report – New Market Report Published
July 19, 2011 – 7:05 am | No Comment

(PR-Inside.com)  The global soy chemicals market is forecast to reach over $13 billion by the year 2017, spurred by the anticipated high demand from bio-diesels market and growing adoption of alternative renewable sources of energy. …

REG Files for $100M IPO: The Complete Digest Analysis
July 19, 2011 – 6:57 am | No Comment

by Jim Lane (Biofuels Digest)  …A successful IPO would cap a remarkable comeback for biodiesel from the depths of “The Troubles” in 2008-09. It’s a second time through for REG: the company filed for a …

United Arab Emirates Seeks $100b Investment
July 18, 2011 – 7:51 am | No Comment

by Shehab A. Makahleh (Zawya)  The UAE government wants to attract $100 billion (Dh367 billion) worth of investment in alternative and sustainable energy projects by 2020.
Feras Dahlan, CEO of Dar Al Tawasol and First Deputy …

Lignol Energy Says U.S. Gov’t Will Phase out Funding for Ethanol Pilot Project
July 15, 2011 – 11:04 am | No Comment

(Canadian Business)  Lignol Energy Corp. says its demonstration project to show the commercial potential of producing ethanol from plant cellulose no longer qualifies for up to US$30 million of funding from a U.S. government biofuels …

Fuel – Crude Thoughts
July 15, 2011 – 9:55 am | No Comment

(IATA) Challenges in the jet fuel supply chain are intensifying, making investment in biofuels essential
…(T)he airline industry fuel bill rose more than 11% to $139 billion in 2010, equivalent to 26% of operating expenses.
…How …

Biofuels 2.0
July 15, 2011 – 9:30 am | No Comment

Jim Lane (Biofuels Digest)  The rise of themochemical biofuels, the power of markets, and the anarchic essence of energy development
…The “failure” of cellulosic ethanol is a failure of the policy framework, I said. It was …

$70M Approved for Ethanol Plant
July 14, 2011 – 6:31 am | No Comment

by Bob Moser  (The Advertiser)  Lacassine Syrup Mill will be joined by nation’s first sugar-to-ethanol facility
Bonds worth $70 million to help build the nation’s first sugar-to-ethanol plant in Lacassine passed a first step of approval …

12 Synthetic Biology Biofuel & Biochemical Companies to Watch
July 13, 2011 – 9:01 am | No Comment

by Chris de Morsella (Green Economy Post)    A detailed review of 12 U.S. based synthetic biology, biofuel & biochemical companies that are developing third and fourth generation biofuels, bioindustrial & household chemical, and food additive products; using synthetic …

German Biofuel Firm Choren Declares Insolvency
July 13, 2011 – 8:49 am | No Comment

(Reuters)  German second generation biofuels company Choren Industries GmbH has declared insolvency, a company spokesperson said on Friday.
Choren is building Germany’s first biofuels plant producing using second generations of biomass raw materials.
…The plant is being …

Biofuel Startup Sundrop Fuels Lands $175M Investment, Mostly from Chesapeake
July 13, 2011 – 8:43 am | No Comment

(Denver Business Journal)  Colorado biofuel startup Sundrop Fuels Inc. on Monday announced it will get $175 million in new investment, with the lion’s share coming from natural gas company Chesapeake Energy Corp.
…Chesapeake said it plans …

The Reality We Are Living in Now: Biofuels and the New DC, Part II
July 11, 2011 – 9:59 am | No Comment

by Jim Lane (Biofuels Digest)  …In a swirling stew of change regarding US federal incentives, tariffs, tax credits and loan guarantees, the most consistent mechanism driving the expansion of renewable transport fuel has been the …

Uncertainty about Ethanol Clouds Cellulosic Plant Plans
July 6, 2011 – 12:04 pm | No Comment

by Dan Piller (Des Moines Register)  …The EPA said the biorefineries expected to be online by this year had not materialized, which didn’t come as news to Jim Sturdevant, manager of Poet’s proposed “Project Liberty” …

European Energy Efficiency Fund (EEE–F)
July 5, 2011 – 9:53 am | No Comment

(European Commission)   On 1st July 2011, the Commission launched a new European Energy Efficiency Fund (EEE-F) as part of the European Energy Programme for Recovery (EEPR).
It will allocate around EUR 146 million from the EEPR (3.7% of …

The Rising Tigers of the China Bioenergy Trade
July 5, 2011 – 9:02 am | No Comment

by Jim Lane (Biofuels Digest)  … That the freighters out of China contain low-cost manufactured goods would surprise no one. The trick of the trade, from the ship owners’ point of view, has always been …

GI Joe, Funding Man from Head to Toe: The DoD and Drop-In Biofuels at Scale
July 1, 2011 – 8:59 am | No Comment

by Jim Lane (Biofuels Digest)  As the Defense Department looks at its options to directly jump-start drop-in biofuels production at scale, we look at the Defense Production Act – the rationale, the process, the funding, …

Led By DoD, Federal Government Hoping To Fund Biorefineries
July 1, 2011 – 8:05 am | No Comment

by Yuliya Chernova   (Wall Street Journal)  The Department of Defense, an emerging market force in biofuels, is working on a new program to finance non-petroleum fuel production, in collaboration with the departments of energy and …

The Jobless Recovery, Biofuels, Eency-Weency Balance Sheets, and You
June 30, 2011 – 12:14 pm | No Comment

by Jim Lane (Biofuels Digest)  In Washington, President Obama launched the Advanced Manufacturing Partnership – ho-hum, you say, and I think I hear you yawning.
…“Invent here, make elsewhere” is a failed industrial policy, according to …

The Island of Misfit Materials
June 29, 2011 – 4:03 pm | No Comment

by Jim Lane (Biofuels Digest)  …Over at Blue Marble, think spent waste grains from the alcoholic beverage distillation process, and spent coffee grounds. Generally, these are materials that pile up in landfills.
By contrast, at Blue …

It Takes Two to Tango
June 29, 2011 – 1:37 pm | No Comment

by Jim Lane (Biofuels Digest)  How and why could three announcements from Gevo, Toray, Redfield and the EPA point the way forward for US ethanol, advanced biofuels, and renewable chemicals?
…The key is looking at the …

Investors Sweet on Second-Gen Biofuel IPOs But a Few Caveats Remain
June 29, 2011 – 6:47 am | No Comment

by Ivan Castano  (Renewable Energy World)   Second-generation biofuel IPOs are all the rage this year with recent deals pricing well above initial expectations and a growing number of companies expected to tap the capital …

Addax Bioenergy Signs Loan Agreement for €258 Million Renewable Energy Project in Sierra Leone
June 27, 2011 – 3:35 pm | No Comment

(Business Wire)  Addax Bioenergy S.A. (“Addax Bioenergy”), a subsidiary of the Swiss-based energy group, The Addax and Oryx Group Limited (AOG), announced today the signing of a loan agreement with seven European and African development …

European Advanced Biofuels Flight Path Initiative
June 27, 2011 – 2:05 pm | No Comment

(European Commission)  The European Commission’s services, in close coordination with Airbus, leading European airlines (Lufthansa, Air France/KLM, & British Airways) and key European biofuel producers (Choren Industries, Neste Oil, Biomass Technology Group and UOP), have …

EPA Proposes 15.2 Billion Gallon Biofuel Mandate for 2012; 50 Percent Jump in Advanced Biofuels
June 27, 2011 – 10:58 am | No Comment

by Jim Lane (Biofuels Digest)  …EPA proposes to mandate the blending of 15.2 billion gallons of renewable fuel into the US fuel supply, and increased the proposed mandate for advanced biofuels by 48 percent, to …

China New Energy’s Big Plans for Biofuel
June 27, 2011 – 10:12 am | No Comment

(CheckBioTEch)  A CHINESE green energy specialist is joining Aim in a move valuing the business at £21million.
…It is looking to invest in undervalued biofuel operators and is also keen to take stakes in new green …

Biofuels Are Creating a Big Buzz in Military
June 27, 2011 – 9:13 am | No Comment

by Renee Schoof (McClatchy Newspapers/Seattle Times)  Maj. Aaron Jelinek of the Air Force Thunderbirds flies his F-16 upside down, rolls it, thunders past his teammates in breathtaking close charges and joins five other fighter jets …

New Research Facility Recovers Value from Waste, Lowers Emissions
June 27, 2011 – 8:44 am | No Comment

(City of Edmonton, Enerkem, Alberta Innovates)    Plug-and-play pilot plant and lab to convert waste to biofuels and value-added chemicals
Edmonton is now home to one of the world’s most sophisticated waste-to-biofuels research facilities, thanks to a partnership between …

Speech from Sue Ellerbusch, President, BP Biofuels North America, Louisiana Energy Conference, June 23, 2011
June 24, 2011 – 12:43 pm | No Comment

(BP America)   …BP began investing in biofuels in Louisiana in 2008 through what was then a joint venture with Verenium Corporation. Last year, we bought Verenium out and now have a 100% BP-owned facility …

In Search of A Biofuel El Dorado: The Quest for Brazil’s Energy Independence Future
June 20, 2011 – 4:32 pm | No Comment

by Robert Kozak (Advanced Biofuels USA)  In 1568, a Spanish Conquistador by the name of Pedro Maraver de Silva led his men on a mission to capture Incas who had escaped with their gold. Journeying …

It’s a Go for MSW-to-Ethanol Plant Near Chicago
June 20, 2011 – 1:58 pm | No Comment

by Kris Bevill (Ethanol Producer Magazine)  A long-proposed municipal solid waste (MSW)-to-ethanol project in Lake County, Ind., has locked in the financing needed to construct the facility and is expected to undergo construction in July. …

Gevo Enters into Joint Venture with Redfield Energy to Retrofit Plant for Isobutanol
June 17, 2011 – 6:27 am | No Comment

(Gevo)  Brings Company Closer to Achieving 2015 Production Goal of 350 MGPY of Isobutanol
Gevo, Inc., a renewable chemicals and advanced biofuels company, through its wholly owned subsidiary, Gevo Development, LLC, has entered into a joint …

Brazil Exports Ethanol, Struggles to Meet Its Ethanol Demand
June 15, 2011 – 8:33 am | No Comment

by Joanna Schroeder (DomesticFuel.com)  …(T)he industry has once again begun exporting fuel to the U.S. over the past few months. According to brokers quoted in a recent Soyatech article, the ethanol industry has exported 1.9 million barrels …

Study Finds Biodiesel is Bright Spot In Job Creation
June 15, 2011 – 8:23 am | No Comment

(National Biodiesel Board)  America’s Advanced Biofuel Supporting Thousands of New Jobs While Generating Billions in Household Income, Tax Revenues
The U.S. biodiesel industry will grow to support more than 74,000 jobs throughout the economy by 2015 while …

2011 Threatens to Repeat 2008-’09 in Ethanol Economics
June 15, 2011 – 7:54 am | No Comment

by Rob Carringer (Ethanol Producer Magazine) …Many investors have jumped into the renewable energy space with the hopes of making money from breakthrough technology. While these investments can be an admirable example of the American …

Petrobras Reaffirms Commitment to Biofuels at Biennial Event
June 14, 2011 – 8:25 am | No Comment

by Kris Bevill (Ethanol Producer Magazine)  As Brazil recovers from a difficult start to the year in the ethanol sector, Petrobras, the country’s integrated energy firm, seized the opportunity to highlight its activities in the …

Study Shows How Australia and New Zealand Can Establish Their Own Sustainable Aviation Biofuels Industry
June 10, 2011 – 2:43 pm | No Comment

(GreenAirOnline)  A study to determine the feasibility of the Australian and New Zealand aviation sector using sustainable biofuels to meet industry carbon reduction targets concludes that a bio-derived jet fuel industry could decrease aviation emissions …

AMG Bioenergy Raises $1.47M for Chinese Jatropha Project
June 10, 2011 – 7:42 am | No Comment

by Thomas Saidak  (Biofuels Digest)   …AMG plans to use a portion of the proceeds to pay China Zhejiang Biodiesel as a part of a previously announced agreement to purchase a 133 hectare jatropha …

Petrobras Investing US$400 Million in Biofuels Research 2010-2014
June 9, 2011 – 11:09 am | No Comment

(Green Car Congress)  Petrobras has earmarked some US$400 million for biofuels development research projects in the 2010-2014 Business Plan, according to Petrobras Biocombustível’s head of Technology Management, João Norberto Noschang Neto. Neto was speaking as a …