(MarketWire) W2 Energy, a clean energy company is pleased to announce that on May 7, 2010, it signed a Letter of Intent to purchase 60% of Agri-Green Biodiesel, Inc. of Sparwood, British Columbia 3,000,000 restricted shares. Agri-Green Biodiesel (AGB) consists of three
Financing
Back TO HOMEBrazil: The Bossa Nova of Biofuels
by Will Thurmond (Biofuels Digest) Shell, BP, Bunge, LS9, Dow and Amyris are collectively investing more than $20 billion into advanced, sustainable biofuels in Brazil. This new relationship between Brazilian, US and EU public and private industries is kicking off a
June 01, 2010 Read Full Article
Khosla Ventures Announces Tony Blair Associates as Senior Advisors
(BusinessWire) Khosla Ventures, a venture assistance firm that focuses on cleantech and information technology startups, today announced a strategic partnership with Tony Blair Associates. Former British Prime Minister Tony Blair and his team will leverage his advocacy for environmental issues
May 25, 2010 Read Full Article
Next-Generation Biofuels: Near-Term Challenges
by William Coyle (Amber Waves) Next-generation biofuel companies are using a variety of strategies to overcome high initial capital costs, limited access to low-cost biomass, and other hurdles to remain financially viable during pre-commercial development. ...There are more than 30 U.S.
May 20, 2010 Read Full Article
Gulf Oil Spill Fuels Cries for Replacements, but Can Biofuels Industry scale Up?
by Tom Still (Wisconsin Technology Network) The April 20 explosion onboard the Deepwater Horizon, which killed 11 workers and unleashed millions of gallons of crude oil into the Gulf of Mexico, has renewed public calls for fuels that aren't as
May 18, 2010 Read Full Article
The Name is Bond, part II: Financiers Find Biofuels Financing Options in Bond Market
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 percent of commercial scale financing
May 17, 2010 Read Full Article
The Name is Bond: New Concepts in Bond Financing May Break Biofuels Finance Logjam
by Jim Lane (Biofuels Digest) A team from the investment bank Stern Brothers, the law firms Mintz Levin and Kreig DeVault have developed a bond-oriented approach that has received favorable initial reaction from the USDA, and may well break the logjam
May 14, 2010 Read Full Article
The Presidential Biofuels Directive: One Year Later, Where Are We?
by Jim Lane (Biofuels Digest) ...The invite-only meeting, which attracted more than 100 attendees, was structured around two panels, one focused primarily on policy and led by USDA Chief Economist Joe Glauber and featuring biofuels consortium head Jose Olivares (Los
May 14, 2010 Read Full Article
Vilsack: USDA Needs to Take Chances
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 going to finance energy plants
May 14, 2010 Read Full Article
Biofuels Industry Eyes Growth
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 20,000 farms and ranches precisely
May 12, 2010 Read Full Article
Southeast Asia – the Bio-Based Arabia?
by Per Dahlen (Biofuels Digest) ...Putting all this data together we seen that Southeast Asia requires some 2.7Mbpd, or 135 million tons per year to eliminate oil imports and to increase energy security. With second generation biofuels crops and technologies
May 12, 2010 Read Full Article
An Interview with Chris Cassidy, Business and Renewable Energy Advisor to the USDA
by David Schwartz (Algae Industry Magazine) ...When we look at the markets, it will come down to transportation as the deal killer on biofuels, including algae. The longer the distance from the production site to the processing site and to
May 11, 2010 Read Full Article
Ethanol Plant Funding Delayed
by Ed Baldridge (NewsSun.com) County commissioners voted 5-0 to withdraw their application for a grant supporting the new ethanol plant project, but it was merely a formality according to County Administrator Michael Wright. The Community Development Black Grant in the amount of
May 11, 2010 Read Full Article
Funding for Next Wave of Biofuels Trickling In, Finally
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 funds in better economic times
May 07, 2010 Read Full Article
The Best Peak Oil Investments, Part V: Algae
by Tom Konrad (RenewableEnergyWorld.com) There are many proposed solutions to the liquid fuels scarcity caused be stagnating (and eventually falling) oil supplies combined with growing demand in emerging economies. Some will be good investments, others won't. Here is where I'm putting
May 07, 2010 Read Full Article
Future of Cellulosic Ethanol Remains Uncertain
by Mark Steil (Minnesota Public Radio) The idea of a biofuel made from something other than food was one of the stars of both the Bush and Obama administration's energy programs, but the future of cellulosic ethanol is in doubt. Cellulosic
May 03, 2010 Read Full Article
The Initiative for Renewable Energy and the Environment Awards over $5.1 Million to 24 Energy Projects at the University of Minnesota
(University of Minnesota) The Initiative for Renewable Energy and the Environment (IREE) recently awarded over $5.1 million to 24 renewable energy research and demonstration projects at the University of Minnesota. The selected projects focus on a wide-range of topics including solar
April 26, 2010 Read Full Article
Website Aims to Forge Ethanol Partnerships
by Kathrine Schmidt (dailycomet.com) A businessman from New Iberia is starting a national website that aims to match renewable-energy investors with local landowners and farmers. Kevin Caffery believes the state of the ethanol industry, which makes fuels from plant matter, is
April 26, 2010 Read Full Article
Algae Industry Magazine Interview: National Algae Association’s Barry Cohen
by David Schwartz (Algae Industry Magazine) Since forming the National Algae Association over two years ago, Barry has concentrated on creating and establishing strong working relationships with what he calls “algaepreneurs” throughout the U.S. Starting the NAA was a direct result
April 23, 2010 Read Full Article
Pickens Encourages Investment in American Energy
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 (April 14, 2010) on “Energy Tax
April 15, 2010 Read Full Article
America's Biofuel Muddle Coming Up Empty: America Will Have Trouble Meeting Its Ambitious Goals for Biofuels
(The Economist) The renewable-fuel standard released in February by America’s Environmental Protection Agency (EPA) paints an ambitious picture of biofuels’ future. It wants the amount of the stuff used as transport fuel to climb from 13 billion gallons (49 billion
April 07, 2010 Read Full Article
University of South Florida Researchers Gain Acclaim for Sustainable Jet Fuel Process
by Jane Meinhardt (Tampa Bay Business Journal) A startup formed when University of South Florida researchers created a patent-pending catalytic process that transformed sawdust into jet fuel is taking off. COSI Catalysts Inc. received honorable mention last week in the “Advanced
April 07, 2010 Read Full Article
Uiversity of Nebraska at Lincoln Team Looks to Tap Algae for Energy
by Kevin Abourzk (Lincoln Journal Star) But algae? A team of University of Nebraska-Lincoln researchers is working to extract oil from that sticky green stuff that gums up boat motors and fishing lines. Then they'll study the feasibility of using it
March 25, 2010 Read Full Article
Highlands County, FL, Still Waiting for Biofuels
by Gary Pinnell (Highlands Today) In April 2008, Congressman Tim Mahoney told county commissioners that Highlands was poised to become "the biofuels capital of America." They were expected to produce hundreds of jobs and millions in revenues. Two years have gone
March 24, 2010 Read Full Article
Biofuels Association of Zambia Urges Govt to Set up Biofuels Fund
by Mutale Kapekele (The Post Online) The government should set up a biofuels fund, Biofuels Association of Zambia (BAZ) chairperson Professor Thomson Sinkala has advised. ...“Biofuels is a turnkey industry for Zambia. We must go beyond potential and turn the
March 23, 2010 Read Full Article
The Shell Game: What’s up with Biofuels’ “Quiet Company?”
by Jim Lane (Biofuels Digest) ...(T)hough the biofuels industry should, and generally does, reacts with excitement when oil industry majors invest in biofuels ventures — such as Shell’s investment in cellulosic ethanol pioneer Iogen and in algal fuels pioneer Cellana
March 19, 2010 Read Full Article
Oil Subsidies Could top $500 BILLION
by Jacqui Fatka (Feedstuffs) A study on energy subsidies commissioned by G20 nations found that the world could be spending $500 billion annually to subsidize fossil fuels - the majority from subsidized end-user prices. The report, "Analysis of the Scope
March 18, 2010 Read Full Article
Craig Venter: Without Scale, Algae Fuel Companies “Playing”
by Katie Fehrenbacher (Earth2Tech) Craig Venter, considered to be the father of genomics and the founder of synthetic biology startup Synthetic Genomics, said there’s a fundamental problem with algae fuel at the Wall Street Journal’s Eco:nomics conference on Thursday: in
March 18, 2010 Read Full Article
Federal Loan Programs Ill-Suited for Cellulosic Ethanol
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 corn ethanol plants (1 bushel
March 16, 2010 Read Full Article
GreenTrackers Algae Biofuels Company Database Launches
by Jim Lane (Biofuels Digest) ...Strategic Fit: ...(I)t is important to remember that the original success of 1st generation biofuels stemmed from Brazil having an advantaged sugar industry that achieved scale and innovation benefits. This allowed diversification into biofuels when
March 16, 2010 Read Full Article
Waiting for Godot: The Financing of Commercial Scale Advanced Biofuels
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, Cargill to provide the support.
March 16, 2010 Read Full Article
Over There: The Yanks are Coming (同胞, Can You Spare a Dime?)
by Jim Lane (Biofuels Digest) BIO exec VP Brent Erickson ruefully noted in a conference with reporters that the biofuels industry was “very disappointed in the loan guarantee program. Biomass was mixed in with wind and solar, which have much
March 16, 2010 Read Full Article
Spring Algae Bloom: an Inside Look at the DOE’s New Algal Fuels Consortium, the NAABB.
by Jim Lane (Biofuels Digest) was a cold Wednesday afternoon in January when the news came through that a consortium called the National Alliance for Advanced Biofuels and Bioproducts had received a $44 million grant from the Department of Energy.
March 04, 2010 Read Full Article
Cellulosic Ethanol Support Lags Ambitions
by Naureen S. Malik (Dow Jones Newswires) Makers of cellulosic ethanol warn that ambitious U.S. government goals to significantly boost production of the technologically advanced fuel over the next 12 years won't be met without stronger backing from Washington. ...industry executives
March 02, 2010 Read Full Article
Put Transportation Biofuel Commercial Deployment Where It Belongs: USDOT
by Robert Kozak (Advanced Biofuels USA) Contemplating the continued inability of the US to meet the biofuels and advanced biofuels production and sales expectations codified in the Renewable Fuels Standard, the Advanced Biofuels USA board passed a resolution to introduce
February 25, 2010 Read Full Article
Algae Investment Trends – Advanced Biofuels Insight
by Will Thurmond (Biofuels Digest) The global biofuels industry is entering a new decade of emerging opportunities and considerable challenges in reaching 2020 targets. The global economic recession is already shaking out many of the would-be players in a crowded
February 17, 2010 Read Full Article
Will China Eat America's Lunch in Cleantech?
by Vivek Wadhwa (TechCrunch.com and The Washington Post) ...China, in particular, is making massive investments and has a huge advantage from focused policy and large markets. Even though China is not likely to produce its own innovation, it will continue
February 11, 2010 Read Full Article
Testimony of Energy Secretary Steven Chu before the US Senate Committee on Energy and Natural Resources
(January 21, 2010) ...It is imperative that government provide R&D funding, especially at the front end when private investments would not recoup the full value of the shared social good or when a new technology would displace an embedded way
January 22, 2010 Read Full Article
Cellulosic-Ethanol Mandate Faces Snags
by Naureen S. Malik (Wall Street Journal) Cellulosic-ethanol production, a cornerstone of the U.S. government's plan to curb greenhouse-gas emissions, is earmarked to overtake corn ethanol over the next decade. But the industry's expected takeoff could be delayed by a year. Several potholes
December 29, 2009 Read Full Article
Growth Stage Financing for an Algae Company
by Todd A. Taylor (Fredrikson & Byron) From his presentation at the Algae Biomass Summit in October 2009, Todd Taylor outlines the process, challenges and expectations of finding funding for any new technology/advanced biofuels company. READ MORE
December 28, 2009 Read Full Article
Bloomberg Acquires Data Provider New Energy Finance
Bloomberg L.P., has acquired New Energy Finance, a global leader in providing news, data and analysis on renewable energy, carbon markets, energy efficiency, biofuels, carbon capture and storage, and nuclear power. "This acquisition is the next step in Bloomberg's initiative to
December 10, 2009 Read Full Article
Inter-American Development Bank Publishes Biofuels Sustainability Scorecard
The Sustainable Energy and Climate Change Initiative (SECCI) and the Structured and Corporate Finance Department (SCF) of the Inter-American Development Bank (IDB) have created the IDB Biofuels Sustainability Scorecard based on the sustainability criteria of the Roundtable on Sustainable Biofuels
December 04, 2009 Read Full Article
Origin Oil CEO Develops New Ideas for Financing Biofuels
In a presentation called "This is 1992," Riggs Eckelberry compares the state of the advanced biofuels industry to that of Internet-related industries in 1992 proposing a "distributed partnership model" of limited capital expenditure, clean balance sheets, minimal leverage, streamlined operational focus on
December 03, 2009 Read Full Article
A Global View from this Capitol Hill Powwow
by Sam Hopkins (Green Chip Stocks) ... Hermann Scheer is something like a Founding Father of international clean energy policy progress. He was instrumental in the crafting of Germany's feed-in-tariff (FIT), which kickstarted a national clean energy employment boom that
December 03, 2009 Read Full Article
Big Energy Collaborations Seen to Jump-Start Emerging Biofuels Technologies
by Bruce V. Bigelow (XconomySanDiego) As startups developing next-generation biofuels emerge in San Diego, Boston, and elsewhere, a business model for rapidly expanding to commercial-scale operations already can be found in the biotech industry, experts said yesterday. The premise of
November 22, 2009 Read Full Article
Renewable Fuels Association Concerned about Flaws in DOE Loan Program
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) loan guarantee program. As an
October 29, 2009 Read Full Article
Wilson Sonsini Goodrich & Rosati and Cleantech Group Announce Launch of Government Funding Resource
The publicly available tool--driven by Wilson Sonsini Goodrich & Rosati content--aggregates and frequently updates the numerous financing opportunities, such as grants, loan guarantees, tax credits, and other programs, being offered by federal and state governments. Users are able to search
October 29, 2009 Read Full Article
The BB Gun – the DOE’s “BB” Rating Requirement Blasts Diversity in Clean Energy Development
by Jim Lane (Biofuels Digest) In Washington, the US Department of Energy is requiring that to receive DOE loan guarantees renewable energy projects meet a debt rating standard higher than 63 percent of all US corporate first-time debt issuers since
October 27, 2009 Read Full Article
Biofuels Producers Warn They Are Going to Fall Far Short of Federal Mandates
by Jessica Leber (New York Times Climatewire) The emerging cellulosic biofuel industry, stung by frozen credit markets, ineffective federal loan programs and lagging federal policies, will fall far short of mandated production volumes over the next few years. U.S. EPA is
October 10, 2009 Read Full Article
Biofuels Digest Publishes 5-part Series on the New Rules for Financing Bioenergy
Biofuels Digest published a 5-part series on where the industry is obtaining financing in the year since the seizure of Freddie Mac and Fannie Mae, and collapse of Lehman Brothers triggered the global financial meltdown. In Part I of the series,
September 23, 2009 Read Full Article
Considerations for the Future of the Biofuels Market
By Michael Harris ----- BioWorld sees a number of dynamics that have the capacity to impact and define the future of the biofuels market. Some of these mitigating factors are: ... Biofuels can be over-hyped, but the actual and impending consequences
May 12, 2009 Read Full Article
University of California Berkeley, the University of Illinois and the Lawrence Berkeley National Lab Join Research Effort
(British Petroleum) BP today announced it has selected the University of California Berkeley and its partners the University of Illinois, Urbana-Champaign and the Lawrence Berkeley National Laboratory to join in a $500 million research program that will explore how bioscience