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Call to Action for a Truly Sustainable Renewable Future
August 8, 2013 – 5:07 pm | No Comment

-Include high octane/high ethanol Regular Grade fuel in EPA Tier 3 regulations.
-Use a dedicated, self-reducing non-renewable carbon user fee to fund renewable energy R&D.
-Start an Apollo-type program to bring New Ideas to sustainable biofuel and …

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Articles tagged with: loans

Ground Delay: Where Are the Sustainable Aviation Fuels?
February 21, 2017 – 10:59 am | No Comment

by Jim Lane (Biofuels Digest)  … (S)omething less than $200 million has been so far positively and affordably earmarked by lenders to revolutionize the entire supply chain of US air transportation fuels. Which is to say, …

Nigeria Plans Biofuel Production with Juicy Investment Incentives
December 2, 2016 – 4:18 pm | No Comment

(Offgrid Nigeria)  A draft national policy on biofuel production and distribution likely to be signed into law very soon by Nigeria, has proposed very mouth-watering incentives for investors willing to go into biofuel business in …

Scale-Up: What Makes the Winners Win?
September 5, 2016 – 10:55 am | No Comment

by Jim Lane (Biofuels Digest)  … It’s worth some detail, before the cheering: BioAmber Sarnia demonstrated performance levels validating commercial operation, as defined in its loan agreement with Comerica Bank, Export Development Canada and Farm Credit …

USDA: FSFL Program Now Includes Microloan Option
May 9, 2016 – 5:39 pm | No Comment

by Erin Voegele (Ethanol Producer Magazine)  On April 29, the USDA announced changes to the Farm Storage Facility Loan Program, which provides low-interest financing so agricultural producers can build or upgrade permanent facilities to store …

U.S. Shale Oil Firms Feel Credit Squeeze as Banks Grow Cautious
April 12, 2016 – 5:46 pm | No Comment

by Swetha Gopinath and David Henry (Reuters)  Nearly two years into an epic oil rout, U.S. shale drillers that have upended global energy markets are finally feeling a credit squeeze as banks make their biggest …

Energy Department Announces $58 Million to Advance Fuel-Efficient Vehicle Technologies
January 23, 2016 – 11:45 am | No Comment

(U.S. Department of Energy) U.S. Department of Energy Secretary Ernest Moniz announced more than $58 million in funding for vehicle technology advancements and released a report highlighting the successes of DOE’s Advanced Technology Vehicles Manufacturing (ATVM) …

Rep. Pompeo Investigates Failing Obama-Backed Green Energy Company
December 4, 2015 – 4:11 pm | No Comment

(The Daily Caller News Foundation)  Rep. Mike Pompeo is demanding information on Abengoa, a Spanish green energy firm on the brink of bankruptcy that could leave U.S. taxpayers on the hook for billions of dollars.
The …

IFAD Funding for Karnataka’s Bio-Fuel Development Programme
August 21, 2015 – 11:00 am | No Comment

by Jaideep Shenoy (Times of India)  Karnataka’s much touted bio-fuel development programme is set for a $50 million funding from International Fund for Agriculture Development (IFAD). Being given in the form of a soft loan with …

The US Energy Department Loan Programs Office: The Digest’s 2015 8-Slide Guide
August 13, 2015 – 9:52 pm | No Comment

(Biofuels Digest) Slide 1: The Department of Energy’s Loan Programs Office (LPO) issues loans and loan guarantees to finance deployment of innovative energy projects and advanced technology vehicle manufacturing facilities in the United States. Commercial banks and bondholders …

Energy Bill iIncludes Language Benefiting Bioenergy, Algae
August 4, 2015 – 7:25 pm | No Comment

by Erin Voegele (Biomass Magazine)  On July 22, the U.S. Senate Committee on Energy & Natural Resources introduced a bipartisan energy bill, titled the “Energy Policy Modernization Act of 2015.”  …  A summary of the bill …

USDA Seeks Applications for Loans and Grants to Create Jobs and Support Rural Economic Development
June 19, 2015 – 7:01 pm | No Comment

(US Department of Agriculture) Agriculture Secretary Tom Vilsack today announced that USDA is accepting applications for loans and grants to support business expansion, create jobs and increase economic opportunities in rural communities.
“Small businesses are the engine …

Sweetwater Energy Raises $10M; Begins Ramp-Up to First Commercial
April 21, 2015 – 5:27 pm | No Comment

by Jim Lane (Biofuels Digest)  Sweetwater Energy announced it has closed on a $10 million bridge loan. The loan closed as Sweetwater said that it is now opening its Series B investor round to begin construction …

Biofuels: What’s Happened and Where Are We Going?
April 16, 2015 – 12:36 pm | No Comment

by Scott Chabina (Fierce Energy)  The transformation of Gen 1.0 to 1.5 and the reality of Gen 2.0.  Advanced, commercially viable biofuel facilities no longer “unicorns on the horizon” … Conventional, or “Gen 1.0”, corn ethanol …

Global Bioenergies Heads for Demo Scale: A Magic Path to Isobutane in Sight
April 3, 2015 – 11:23 am | No Comment

by Jim Lane (Biofuels Digest)  … In France, Global Bioenergies announced that it has completed the financing of its demo plant, and is commencing construction immediately. The 5,000L demonstration-scale facility will be completed in spring 2015, …

USDA, DOE Farm and Fuels Funding Updates
February 27, 2015 – 6:35 pm | No Comment

(Environmental and Energy Study Institute) USDA and DOE announced a raft of grant and loan opportunities and funded projects, many of them funded through the 2014 Farm Bill. On February 20, the U.S. Department of Energy’s …

Time for Teddy Talk
December 15, 2014 – 6:30 pm | No Comment

by Jim Lane (Biofuels Digest)  There are times for TED Talks about wondrous advances in technology and the future that awaits us.   Then, there are times for Teddy Talks: of practical progress, problem solving, …

California Approves $13.5 Million in Loans for Energy-Efficient Upgrades to Schools
November 19, 2014 – 11:38 am | No Comment

(California Energy Commission)  Grants for alternative and renewable fuel projects totaling nearly $8 million also approved
The California Energy Commission approved $13.5 million for energy efficiency measures to 14 schools in the San Francisco Bay Area, …

Manly Plant in Line for $530,000 in State Incentives
November 12, 2014 – 10:37 am | No Comment

by Molly Montag (Globe Gazette)  Worth County officials on Monday signed off on $530,000 in state incentives for a chemical plant being built in Manly.  The incentive package from the Iowa Economic Development Authority will …

Biofuels and the Debt Offensive: Parts 1, 2 and 3
May 7, 2014 – 1:48 pm | No Comment

by Jim Lane  (Biofuels Digest)  Interested in transforming liquid fuels – and wondering “where are the gallons”?   The secret lies in re-structuring the financing of alternative fuels. Today, in part I of three: the Situation.
A …

Alternative Financing Options Subject of Calif. Workshop
April 28, 2014 – 6:20 pm | No Comment

by Chris Hanson (Ethanol Producer Magazine)  The California Energy Commission Lead Commissioner on the 2014 Integrated Energy Policy Report Update conducted a workshop aimed at alternative financing options and strategies to support the development and …

Sec. Moniz Discusses Advanced Technology Vehicle Manufacturing Loans
April 4, 2014 – 3:02 pm | No Comment

(US Department of Energy)  U.S. Secretary of Energy Ernest Moniz today highlighted key improvements to the Department’s Advanced Technology Vehicles Manufacturing (ATVM) Loan Program at the Motor & Equipment Manufacturers Association (MEMA) Legislative Summit. The …

USDA Enhances Farm Storage Facility Loan Program
March 21, 2014 – 7:45 pm | No Comment

(US Department of Agriculture)  The U.S. Department of Agriculture (USDA) today announced the expansion of the Farm Storage and Facility Loan program, which provides low-interest financing to producers. The enhanced program includes 23 new categories …

Minnesota Bills to Incentivize Biofuel, Biochemicals, Biomass Thermal
March 17, 2014 – 5:26 pm | No Comment

by Erin Voegele (Ethanol Producer Magazine)  Legislation pending in the Minnesota Legislature aims to create incentives for renewable chemicals, advanced biofuels, and biomass thermal energy.
In the Minnesota House of Representatives, H.F. 2456 aims to create …

Department of Energy Releases $8 Billion Solicitation for Advanced Fossil Energy Projects
December 18, 2013 – 7:16 pm | No Comment

(US Department of Energy)  As part of President Obama’s Climate Action Plan, the Energy Department published a solicitation today, making up to $8 billion in loan guarantee authority available to support innovative advanced fossil energy projects …

European Investment Bank Provides Loan for Second Generation Ethanol Project
December 16, 2013 – 3:00 pm | No Comment

(European Investment Bank/Ethanol Producer Magazine)  The European Investment Bank is providing a €65 million loan to support the research and development projects of Biochemtex, an engineering subsidiary of the Mossi and Ghisolfi Group, a world …

Forfieted Idaho Beet Sugar Used for Ethanol
December 6, 2013 – 3:57 pm | No Comment

by John O’Connell (Capital Press) Ethanol plants in Idaho, Oregon and California are making ethanol from beet sugar forfeited by Amalgamated Sugar Co.
Pacific Ethanol plants in Burley, Boardman, Ore., and Stockton, Calif., have started making ethanol …

USDA Solicits New Bids under the Feedstock Flexibility Program
November 19, 2013 – 5:40 pm | No Comment

(US Department of Agriculture)  The U.S. Department of Agriculture today announced that the Commodity Credit Corporation (CCC) is offering to sell its recently acquired sugar inventory for use as a feedstock for bio-energy production using …

Enerkem and GreenField, Partners in VANERCO, Announce up to $39.8 Million in Repayable Contribution from the Canadian Government
September 27, 2013 – 11:09 am | No Comment

(PR NewsWire/Yahoo!Finance/VANERCO)  Natural Resources Minister Joe Oliver today confirmed SDTC’s financial contribution in VANERCO, the joint venture partnership formed by Enerkem (www.enerkem.com and GreenField www.gfsa.com) to build and operate a cellulosic ethanol facility integrated with GreenField’s existing …

New Frontiers: Now It’s Crude Oil from Algae that Is Being Tested
August 22, 2013 – 4:22 pm | No Comment

by Herman Wang (Platts/The Barrel) It’s hard to get excited over a producer making a scant 2 barrels/day of crude.
But in the case of Sapphire Energy, those barrels represent the beginnings of a potential revolution that …

Problems Galore in Biofuel Programme, Says Official
August 14, 2013 – 4:42 pm | No Comment

(Deccan Herald)  The governments, both at the Central and State levels, have realised the need to reduce the use of fossil fuels and implement the biofuel programmes, said Additional Chief Secretary and Development Commissioner, V …

Brazil Loans for Sugar-Cane Mills to Grow 46% to Boost Ethanol
August 7, 2013 – 11:43 am | No Comment

by Stephan Nielsen (Bloomberg)   Brazil’s state development bank expects to disburse 46 percent more in loans this year to sugar-cane mills as the nation seeks to boost ethanol production.
The lender expects to loan 6 billion …

Rip up the Mortgage: Sapphire Energy Pays off USDA Loan Guarantee in Full
July 30, 2013 – 10:42 am | No Comment

by Jim Lane (Biofuels Digest)  Sapphire raises new round of equity, pays off USDA Loan Guarantee: “Sapphire Energy is very grateful to the USDA for supporting algae crude oil,” says CEO C.J. Warner.

Reached by telephone, …

Government of Canada Encourages Innovative Biofuel Production in Sarnia
June 27, 2013 – 4:24 pm | No Comment

(Digital Journal/FedDev Ontario)  Woodland Biofuels Inc. is receiving a contribution to operate a plant that will produce low-cost biofuel from waste. Patricia Davidson, Member of Parliament for Sarnia-Lambton, announced the funding today on behalf of …

Gov’t to Offer NIS 400m in Loans for Alternative Fuels
December 27, 2012 – 12:06 pm | No Comment

by Yuval Azoulai (Globes)  The Office of the Chief Scientist is planning a NIS 1.5 billion program to create a new alternative fuels industry.
The Office of the Chief Scientist has a new program of loans for …

Clean Tech R&D Funding for Small Business: NextGen Biofuels Fund Call for Proposals
September 11, 2012 – 10:13 am | No Comment

(MentorWorks)  Due to a decrease in emerging technologies there is a great barrier to market entry for many Canadian entrepreneurs, especially innovators that develop sustainable technologies. The NextGen Biofuels Fund program incorporates the same fundamental principles as …

NEXIM Grants $695m Loans for Renewable Energy
December 28, 2011 – 3:05 pm | No Comment

by Emeka Ugwuanyi (The Nation)  As part of contribution to developing and using renewable energy as against the current dependence on fossil  fuels, the  Nigerian Export-Import Bank (NEXIM) said it has given out $695 million as …

Why Biorefining Loan Guarantees Give Back: Think Money, Jobs and Military Might
December 10, 2011 – 2:33 pm | No Comment

by Luke Geiver (Biorefining Magazine)  …In the letter, the group pointed out the need for programs like the 9003 Biorefinery Loan Guarantee Program offered through USDA. “Loan guarantees are the most cost-effective way to develop …

For Obama’s Green-Car Revolution, Fits and Starts
December 8, 2011 – 7:52 am | No Comment

by Carol D. Leonnig and Joe Stephens (The WashingtonPost) The Obama administration has poured roughly $5 billion in taxpayer funds into the electric-car industry, offering incentives to manufacturers, their suppliers and even car buyers who might want …

Webinar: Accessing USDA Loans for Advanced Biofuels and Chemicals November 28, 2011 1:00 – 2:30 PM Eastern
November 15, 2011 – 5:30 pm | No Comment
Webinar: Accessing USDA Loans for Advanced Biofuels and Chemicals    November 28, 2011 1:00 – 2:30 PM Eastern

A brief overview of the numerous programs within USDA that support the President’s Clean Energy Blueprint and how you might be able to access these programs.
The rapidly-expanding bio-based sector is just as critical to the …

Biodiesel Station Opens Near Duluth
November 10, 2011 – 8:46 am | No Comment

by Steve Kuchera (Duluth News Tribune)  A Northwestern Wisconsin biodiesel producer recently opened its first Minnesota station at a former Armor Fuel & Save station on Midway Road just off Interstate 35.
A Northwestern Wisconsin biodiesel …

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 …

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 …

Indian River Agrees to Provide 55,000 Tons of Vegetative Waste Annually to Planned Bio-Ethanol Fuel Plant
June 27, 2011 – 2:28 pm | No Comment

by Henry A. Stephens  (TCPalm)  INEOS New Planet BioEnergy, which is building an estimated $150 million plant on Oslo Road, will be shipping in 90,000 tons a year of yard clippings, tree trimmings and other …

The Advanced Biofuels Leadership Conference, Day 2: We Need the Money
May 20, 2011 – 12:06 pm | One Comment

by Will Dalen Rice  (Earth Science Erratics)   … The ALBC was more of a business conference than it was a technology conference. Many technologies have been able to prove viability in the laboratory. Step two, …

USDA Rural Development Invites Applications for Renewable Energy and Energy Efficiency Projects
April 15, 2011 – 1:38 pm | No Comment

(US Department of Agriculture)   Agricultural Producers in Non-rural Areas are Now Eligible, Funding May Be Used for Flex-Fuel Pumps
Agriculture Secretary Tom Vilsack today (April 14, 2011) invited agricultural producers and rural small businesses to …

South Dakota Gov. Dennis Daugaard Signs Bill to Boost Ethanol Industry, Development Loans
March 25, 2011 – 8:25 am | No Comment

by Chet Brokaw  (AP/The Republic)  Gov. Dennis Daugaard signed into law Thursday a measure aimed at boosting ethanol sales at South Dakota gas stations and providing extra money for economic development loans.
…The ethanol measure was …

Agriculture Secretary Vilsack Announces Funding for Projects to Create Jobs and New Economic Opportunities for Rural Residents
February 21, 2011 – 9:26 am | No Comment

(USDA) Agriculture Secretary Tom Vilsack today announced the selection of 16 projects in 10 states for funding to create jobs and provide new economic opportunities. The projects are being funded through the Rural Economic Development Loan …

Algaeventure Awarded Loan for Algae Dewatering Systems
February 4, 2011 – 6:34 pm | No Comment

Erin Voegele (Biodiesel Magazine)  Algaeventure Systems Inc. has been awarded a $1.5 million loan from the Ohio development department’s R&D investment loan fund to support the purchase of machinery and equipment to manufacture its algae …

Tax Holidays, Cheap Loans: Why Mississippi is Attracting Greentech
January 7, 2011 – 2:18 pm | No Comment

by Michael Kanellos (GreenTechSolar)  In the past year, the state of Mississippi has convinced an impressive array of green tech and other companies to open factories in its borders.
How exactly is it pulling this off, considering that …

AfDB Group Approves Euros 65 Million to Finance Markala Sugar Project in Mali
December 13, 2010 – 8:39 am | No Comment

(AllAfrica.com)  The Board of Directors of the African Development Bank (AfDB) approved on Monday, 6 December 2010 in Tunis, a €30-million senior private sector loan and a €35 million loan from the public sector window to …

EBRD Supports Diversification of Agribusiness in Romania: €80 Million Syndicated Loan to Help Expur Develop Oilseed Business
November 3, 2010 – 5:34 pm | No Comment

(ActMedia)  The EBRD is supporting the development of the Romanian rapeseed industry along its value chain, including oilseed crushing, refining and production of edible oil and biodiesel, with a €80 million syndicated financing package to …

Midwest Biodiesel to rehire workers thanks to $300,000 loan
September 28, 2010 – 9:49 am | No Comment

by Kelsey Volkmann (St. Louis Business Journal)  Midwest Biodiesel Products LLC, the only biodiesel refiner in the St. Louis area, plans to use a $300,000 loan from the St. Louis Business Development Fund and St. …

The Song That Never Ends: the Financing of Cellulosic Ethanol
June 24, 2010 – 9:30 am | No Comment

by Jim Lane (Biofuels Digest)  …The Infinite Loop in financing cellulosic ethanol is the setting of conditions for loan guarantees by the Department of Energy which cannot be fulfilled; the insistence of project financiers that, …

Renewable Fuels Association Writes to USDA on Proposed Rule on Biorefinery Assistance Guaranteed Loan Program
June 17, 2010 – 3:40 pm | No Comment

by Bob Dinneen (Renewable Fuels Association)  …The technology exists to process ethanol from cellulose feedstocks; however, the commercialization of cellulose ethanol remains a question of economics. The capital investment necessary to build cellulose facilities remain …

The Name is Bond, part II: Financiers Find Biofuels Financing Options in Bond Market
May 17, 2010 – 7:41 am | No Comment

by Jim Lane (Biofuels Digest)   …Although equity investors (primarily strategics and venture capitalists) and the government grant market has continued to participate strongly in biofuels investing, the debt market that typically represents up to 80 …

Vilsack: USDA Needs to Take Chances
May 14, 2010 – 8:10 am | No Comment

by Jerry Hagstrom  (Ag Week)  Agriculture Secretary Tom Vilsack said at a White House clean energy forum May 6 that USDA may have to take bigger chances with its business loan guarantees if it is …

Biofuels Industry Eyes Growth
May 12, 2010 – 12:10 pm | No Comment

by Thom Gabrukiewicz (ArgusLeader.com)  …Tom Vilsack, the president’s agriculture secretary, said Thursday that much progress has been made – but more must be done. 
“We’re conducting the first national on-energy production survey to find out among …

Funding for Next Wave of Biofuels Trickling In, Finally
May 7, 2010 – 2:43 pm | One Comment

by Katie Fehrenbacher  (earth2tech)  It was about this time last year that the economic downturn’s effects on the ability of next-generation biofuel companies to raise funds became really apparent. Companies that could have more easily snagged …

Agriculture Secretary Vilsack Invites Public Comment on Proposed Rules for USDA Renewable Energy Programs
April 20, 2010 – 5:00 pm | No Comment

(USDA)  Agriculture Secretary Tom Vilsack April 16, 2010, invited public comment on several proposed rules designed to increase the production of advanced biofuels and the development of biorefineries. The programs are authorized under the Food, Conservation and …

Pickens Encourages Investment in American Energy
April 15, 2010 – 9:35 am | No Comment

by Cindy Zimmerman (DomesticFuel)   “When do we stop investing in OPEC and start investing in America?”   That’s the question that oil tycoon T. Boone Pickens asked at a House Ways and Means committee hearing Wednesday …

Federal Loan Programs Ill-Suited for Cellulosic Ethanol
March 16, 2010 – 4:49 pm | No Comment

by Cole Gustafson (Prairie Business Magazine) … In addition to problems on Wall Street following the collapse of the financial markets, cellulosic biofuel producers have lacked standard benchmarks of performance like those used in grain …

Waiting for Godot: The Financing of Commercial Scale Advanced Biofuels
March 16, 2010 – 12:36 pm | No Comment

by Jim Lane (Biofuels Digest)  …“Cellulosic ethanol is not the same as first generation ethanol,” (Arnie) Klann (Bluefire Ethanol CEO) noted. “There, you had the corn growers, and there was a vested interest, and companies like ADM, …

“This Approach, We Fear, Drives a Systematic Bias toward Lending for Power Generation Projects.”
February 9, 2010 – 12:55 pm | No Comment

(Biofuels Digest) A letter to Energy Secretary Chu from 11 cellulosic ethanol CEOs and directors: “The Department is obligated by statute to determine that LGP-funded projects offer a “reasonable prospect of repayment” (EPAct Section 1702(d)(1)). …

InterAmerican Development Bank Provides $25 Million Funding Boost To Peru’s Biofuel Project
December 16, 2009 – 8:15 am | No Comment

The Inter-American Development Bank has approved a $25 million loan to support an innovative private biofuels project currently being developed in the department of Piura, Peru.
An initiative of Maple Energy Plc, an energy company that …

Renewable Fuels Association Concerned about Flaws in DOE Loan Program
October 29, 2009 – 3:09 pm | No Comment

 Dear Secretary Chu:
The Renewable Fuels Association (RFA), the national trade association representing the U.S. ethanol industry, is writing to express our concern about the current operation and direction of the U.S. Department of Energy’s (DOE) …