(AgriMarketing/Reuters) Sarnia, Ontario, home to dozens of Canada's refineries and chemical plants, is lobbying hard to lure a biotech plant to the city as the local petrochemical-powered economy braces for the impact of a provincial carbon-pricing scheme. BioAmber Inc - which
loan guarantees
Back TO HOMEDanish Bioethanol Project Halted Due to Lack of Political Support and Financing Issues
Liz Gyekye (Biofuels International) Plans to build Denmark’s first biorefinery near Holstebro, which was due to produce bioethanol and biogas, have come to a halt as a result of lack of political support and financing issues. The parties behind the Maabjerg
October 13, 2016 Read Full Article
USDA Results: Powering America with a More Sustainable Energy Future
(U.S. Department of Agriculture) ... The Obama Administration has pursued a carefully balanced approach, deploying technologies that improve the very best of our existing energy sources, while rigorously implementing policies that invest in the second and third generations of tomorrow’s fuels. ... In
October 03, 2016 Read Full Article
Answers to Your Questions about Renewables and the Advanced Bioeconomy
by Jim Lane and Ron Cascone (Biofuels Digest/NEXANT) Recently, we held a popular webinar on Renewables and the Advanced Bioeconomy with NEXANT principal Ron Cascone, for which you can see the slides here. During the webinar, we received a number of excellent questions,
September 22, 2016 Read Full Article
Advanced Biofuels at End of Obama Administration
by Michael McAdams (Advanced Biofuels Association/Biomass Magazine) For advanced biofuels under the Obama administration, what started out with a boom in 2008 ended with a whimper in 2016. ... As the nascent industry began to develop, companies hoping to deliver the
September 11, 2016 Read Full Article
Landmark Report from BIO Charts $770B Renewable Chemicals and Materials Market by 2020
by Jim Lane (Biofuels Digest) In Washington, the Biotechnology Innovation Organization released a landmark report “Advancing the Biobased Economy: Renewable Chemical Biorefinery Commercialization, Progress, and Market Opportunities, 2016 and Beyond,” documenting substantial, ongoing growth in the renewable chemical industry and outlining
September 09, 2016 Read Full Article
KiOR: The Inside True Story of a Company Gone Wrong. Part 3, “You’ve Cooked the Books”
by Jim Lane (Biofuels Digest) ... The company was beginning to hurtle towards an IPO. But the fuel yields were low; the fuel was not usable by their initial chosen downstream partner; the catalyst they were using to get even down
August 04, 2016 Read Full Article
Notice of Solicitation of Applications for the Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program
(U.S. Department of Agriculture/Federal Register) This Notice announces the solicitation of applications for funds available under the Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program (the Program) to provide guaranteed loans to fund the development, construction, and Retrofitting of
August 01, 2016 Read Full Article
USDA Backs Small Rural Firms with $55M in Grants, Loan Guarantees
by Stephen Davies (Agri-Pulse) USDA is providing nearly $55 million in grants and loan guarantees to help 821 small businesses in rural areas save on energy costs. The latest round of grants awarded under the Rural Energy for America Program total
July 15, 2016 Read Full Article
DOE Issues Update to Its Loan Guarantee Programs
by Jim Lane (Biofuels Digest) The Loan Program Office of the U.S. Department of Energy recently introduced a number of important updates to the Loan Guarantee Solicitation for Applications for Renewable Energy and Energy Efficiency Projects as well as to
July 15, 2016 Read Full Article
Sweet Smell of Success: Greenyug, ADM Taking Biobased Chemicals to Scale
by Jim Lane (Biofuels Digest) ... In California, Greenyug said it will build an industrial-scale ethyl acetate manufacturing facility adjacent to Archer Daniels Midland Company’s wet mill corn processing facilities in Columbus, Nebraska. Greenyug has formed a subsidiary, Prairie Catalytic
June 21, 2016 Read Full Article
Supporting the Bioeconomy: The Digest’s 2016 Multi-Slide Guide to USDA Biomass Programs
by Jim Lane (Biofuels Digest) This month, we held a well-attended webinar on USDA Biomass programs. Here below is a slide deck presented on the day, by the USDA’s Mark Brodziski. The recorded version of the USDA Biomass Programs webinar can
April 15, 2016 Read Full Article
Boom Times: The Digest’s Multi-Slide Guide to Renewable Diesel’s Explosive Growth
by Jim Lane (Biofuels Digest) This week, we held a well-attended webinar on “Boom times in Renewable Diesel” Here below is the first slide deck presented on the day, from The Digest. The recorded version of the webinar can be accessed
April 07, 2016 Read Full Article
Farm Bill Energy Programs Enable New Feedstock Production To Help Fuel the Biobased Economy
by Brent Erickson (Biotechnology Innovation Organization/Biofuels Digest) ... Congress changed mandatory funding for two key bioenergy programs – despite their tangible successes – through its Fiscal Year 2016 (FY16) Omnibus spending bill. USDA’s Section 9003 Loan Guarantee Program and the Biomass
April 06, 2016 Read Full Article
House Hearing Focuses on DOE Loan Guarantee Program
by Erin Voegele (Ethanol Producer Magazine) On March 3, two subcommittees associated with the House Committee on Science, Space and Technology held an oversight hearing on the U.S. Department of Energy’s loan guarantee program. ... Rep. Don Beyer, D-Va., defended the DOE’s
March 14, 2016 Read Full Article
A Conversation with US Department of Agriculture Secretary Tom Vilsack
(Industrial Biotechnology) ... My current assessment is that there exists an unlimited sense of opportunity in the biobased products and bioenergy sector. I look at the work being done at the USDA, which is extensive and has been helpful in getting
March 08, 2016 Read Full Article
Boardman Biorefinery Gets $11 Million USDA Backing
by George Plaven (East Oregonian) The U.S. Department of Agriculture is stepping up with an $11 million loan to build a new biorefinery in Boardman. -- With financing in place, a Minnesota-based energy company plans to build its first
March 02, 2016 Read Full Article
Stimulating Investment To Grow the Biobased Economy
by Brent Erickson (Biofuels Digest/Biotechnology Innovation Organization) ... The challenge our industry faces right now is to continue building investment in the biobased economy. That can be accomplished with both policy and non-policy activities. ... On the policy front a new coordinated federal
February 29, 2016 Read Full Article
2016 Time to Double-down on Renewable Chemicals
by Corinne Young and Michele Jalbert (Biofuels Digest/re:chem Alliance) For all of 2015’s turbulence in the renewable chemical sector, in one area – US government policy – the industry saw marked progress. For the last two years, the Renewable Chemical &
February 02, 2016 Read Full Article
Ensyn Nabs Chevron Exec as New CEO
by Jim Lane (Biofuels Digest) Jeffrey Jacobs, who served as Vice President of Chevron Technology Ventures until his recent retirement from Chevron, was appointed CEO of Ensyn Corporation and elected to its Board of Directors. Jacobs was also appointed as
January 29, 2016 Read Full Article
Avoiding Common Pitfalls: The Digest’s 2016 8-Slide Guide to the USDA Section 9003 Loan Guarantee
by Jim Lane (Biofuels Digest) The Department of Agriculture needs no introduction, but within USDA Rural Development is the Energy Division takes a leading role on biorefinery loan guarantees. How does the process work, what are the deadlines, how are applications scored?
January 13, 2016 Read Full Article
Only Results Count: The Digest’s 2016 8-Slide Guide to Success with a Section 9003 Loan Guarantee App
by Jim Lane (Biofuels Digest) What is the Purpose of the Feasibility Study? How can I know if my project is feasible? What should I look for in choosing a feasibility study consultant? What does a successful proforma look like when oil
January 11, 2016 Read Full Article
USDA Highlights 2015 Bioeconomy Achievements
by Erin Voegele (Ethanol Producer Magazine) ... Several of the achievements listed by the USDA benefited the bioenergy and biofuels sectors. Under the category of climate change achievements, the department highlighted its work with the U.S. EPA to set the first-ever
January 04, 2016 Read Full Article
Successfully Financing Advanced Biobased Projects: The Digest’s 2016 8-Slide Guide to the USDA Loan Guarantee Program
by John Kirkwood (Biofuels Digest/Faegre Baker Daniels) Project financing is the financing of infrastructure and industrial projects and relies primarily on the development of a project and its cash flow for repayment — but for a first commercial plant for a given technology,
December 28, 2015 Read Full Article
Findin’ the Benjamins: Stern Brothers’ 2015 8-Slide Guide to Renewable Fuels Project Finance
by Jim Lane (Biofuels Digest) Bottom line, if you’re in the business of financing a renewable fuels project with a loan guarantee in the mix, you’re probably talking with Stern Brothers and managing director John May. They’ve been part of
December 18, 2015 Read Full Article
Kansas Ethanol: Closing of Abengoa Plant at Hugoton Shouldn't Dash Hopes for Cellulosic Ethanol
by John Montgomery (The Hutchinson News) ... Abengoa shut down the plant last month – eliminating about 50 jobs – a little more than a year after a grand opening celebration featuring high-level state and federal officials. The company also
December 14, 2015 Read Full Article
USDA Provides Loan Guarantee Conditional Commitment to Build Georgia Biofuel Plant
(US Department of Agriculture) Agriculture Secretary Tom Vilsack today announced a conditional commitment for a $70 million loan guarantee to help build a cellulosic biorefinery in central Georgia. USDA is providing the loan guarantee conditional commitment, an important milestone in
December 11, 2015 Read Full Article
Abengoa Contagion Spreads to U.S. Biofuel Plants, Causing Layoffs and Shutdowns
by Rob Nikolewski (Kansas Watchdog.org) ... “I think we have to see how this thing plays out. In the short run, of course, it’s a devastating blow,” said Neal Gillespie, Stevens County Economic Developmentdirector. “In the long run, I think there’s a
December 07, 2015 Read Full Article
Rep. Pompeo Investigates Failing Obama-Backed Green Energy Company
(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 Kansas Republican is worried Abengoa’s
December 04, 2015 Read Full Article
Biorefinery Assistance Program Changes Now in Effect
by John Kirkwood (Faegre Baker Daniels LLP/Ethanol Producer Magazine) A few changes have been implemented in the Biorefinery, Renewable Chemical and Biobased Product Manufacturing Assistance Program, writes John Kirkwood. ... In June, an interim final rule was published in the
November 11, 2015 Read Full Article
USDA Provides Funding for More Than 1,100 Renewable Energy and Energy Efficiency Projects Nationwide
(US Department of Agriculture) Agriculture Secretary Tom Vilsack today (October 26, 2015) announced that USDA is awarding loans and grants that will help more than 1,100 rural small businesses and agricultural producers reduce energy usage and costs in their operations.
October 28, 2015 Read Full Article
Biofuels Maker Paid Back Its Federal Loan Without Selling Any Ethanol
by Michael Bastasch (Daily Caller) Abengoa Bioenergy got nearly $230 million in federal loans and grants to build a massive cellulosic biofuel refinery capable of producing 25 million gallons of ethanol every year. The company, however, says it has paid back
October 22, 2015 Read Full Article
Open-Pond Algae at Scale: The Digest’s 2015 8-Slide Guide to Sapphire Energy
by Jim Lane (Biofuels Digest) Sapphire is a venture capital backed company founded in 2007 for the purpose of growing and processing micro-algae into products that serve very large and diverse markets where the unique attributes of algae provide valuable
October 19, 2015 Read Full Article
The US Energy Department Loan Programs Office: The Digest’s 2015 8-Slide Guide
(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 are often unwilling to finance
August 13, 2015 Read Full Article
USDA Invests $63 Million to Support 264 Renewable Energy and Energy Efficiency Projects Nationwide
(US Department of Agriculture) Funding supports solar and other renewable energy projects to create jobs and promote energy independence -- Agriculture Secretary Tom Vilsack today announced $63 million in loans and grants for 264 renewable energy and energy efficiency projects nationwide
August 10, 2015 Read Full Article
DOE Solicits Applications for Loan Guarantee Program
by Erin Voegele (Ethanol Producer Magazine) In early July, the U.S. Department of Energy announced it is soliciting applications for up to $4 billion in loan guarantees to support renewable energy and energy efficiency projects located in the U.S. that
August 03, 2015 Read Full Article
Prioritizing the Bioeconomy: Observations on USDA's 9003 Loan Guarantee Program
by Osaretin Omorodion* (Advanced Biofuels USA) Biobased products are a new innovation that are gradually contributing more to the U.S. economy in the forms of alternative fuels, packaging, plastic substitutes and more. An Economic Impact Analysis report was recently submitted
July 29, 2015 Read Full Article
“The Time Is Ripe” for a Renewable Chemical Production Tax Credit
by Corinne Young and Michele Jalbert (Biofuels Digest/Renewable Chemicals and Advanced Materials Alliance (re:chem)) ... Buoyed in wake of our successful Farm Bill expansion of USDA 9003 loan guarantees to renewable chemicals/bioproduct manufacturing and progress toward bipartisan TSCA reform, re:chem remains
July 27, 2015 Read Full Article
USDA Overhauls Its Section 9003 Biorefinery Loan Guarantee Program: What’s In It for You?
by Mark J. Riedy and Ben Snowden (Kilpatrick Townsend/Biofuels Digest) The USDA has completely overhauled what used to be known as Biorefinery Assistance Program and now is called the Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program. The Program provides loan
July 20, 2015 Read Full Article
Energy Department Announces New Initiatives as Part of Administration’s Clean Energy Investment Summit
(US Department of Energy) The Department of Energy announced several new and expanding initiatives as part of the Administration’s Clean Energy Investment Summit, including the launch of a Clean Energy Impact Investment Center (CEII), which will work to make the
July 07, 2015 Read Full Article
USDA Publishes Rule for Revamped Biorefinery Assistance Program
by Erin Voegele (Ethanol Producer Magazine) The USDA’s Rural Business Cooperative Service and Rural Utilities Service has published an interim final rule for the Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program, formerly known as the Biorefinery Assistance Program.
June 30, 2015 Read Full Article
The US Bioeconomy: $369B and 4 Million Jobs Strong, says USDA; Changes to the BioPreferred program
by Jim Lane (Biofuels Digest) ... In Washington, Agriculture Secretary Tom Vilsack announced the release of a new report that shows the U.S. biobased industry in 2013 contributed four million jobs and $369 billion to the US economy. He also announced changes under
June 19, 2015 Read Full Article
Top 10 “Things to Do” While Waiting on the USDA 9003 Solicitation
by Cynthia Thyfault (Westar Trade Resources/Biofuels Digest) The biobased products and fuels industry has been anxiously waiting for the new USDA Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program. Authorized in the 2014 Farm Bill and with the addition of new
June 16, 2015 Read Full Article
Finally, Finally…USDA Loan Guarantees Open to Renewable Chemicals
by Corrine Young and Michele Jalbert (Renewable Chemicals and Advanced Materials Alliance (re:chem)/Biofuels Digest) ... Program changes garnered in the most recent Farm Bill reauthorization have, for the first time, broadened the loan guarantee program to include renewable chemicals and biobased products
May 19, 2015 Read Full Article
Global Bioenergies Heads for Demo Scale: A Magic Path to Isobutane in Sight
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, and will be located at
April 03, 2015 Read Full Article
Biofuels Digest’s Advanced Bioeconomy Awards for 2015
by Jim Lane (Biofuels Digest) Project of the Year, Deal of the Year, Partnership of the Year, Chemical of the Year, and Cap Raise of the Year — who are the big winners? Each year, the Digest recognizes projects, feedstocks, processing
February 17, 2015 Read Full Article
The Cellulosoic Biofuels Odyssey: Crossing the Finish Line
[caption id="attachment_59604" align="alignleft" width="300"] "The Cellulosic Biofuels Odyssey," artwork by David R. Dudley; concept by Heather Youngs, Susan Jenkins, and David Dudley.[/caption] by Greg Breining (Bioenergy Connection) When Bioenergy Connection first covered the progress to commercial cellulosic ethanol in 2011, a dozen
February 15, 2015 Read Full Article
The Outlook for Renewable Fuels: The Top 10 issues for 2015
by Jim Lane (Biofuels Digest) ...Here’s our most recent update, focusing on 10 key issues (though not ranked in order of importance): 1. Oil price volatility — will it stabilize? 2. RIN price volatility — will the rollercoaster end? 3. Ethanol blend wall
February 13, 2015 Read Full Article
Cellulosic Ethanol Plant Aided by Controversial Federal Program
by Henry C. Jackson (Capital Press/Associated Press) The refinery in Hugoton, Kan., built by Seville, Spain-based Abengoa, is the largest cellulosic biorefinery in the world. At the RV Park he owns in a remote corner of southwestern Kansas, Jan Leonard is
December 30, 2014 Read Full Article
Farm Bill Clean Energy Programs Survive “Cromnibus”
(FarmEnergy.org) The big news from our nation’s capital this past week has been the passage of the appropriations bill for fiscal year 2015, which began on October 1st. The federal government had been operating on funding extensions and was facing
December 18, 2014 Read Full Article
Time for Teddy Talk
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, and turning wondrous advances into
December 15, 2014 Read Full Article
U.S. Department Of Energy Loan Program Breaks Even
by Nichola Groom (Reuters/Huffington Post) The controversial government program that funded failed solar company Solyndra, and became a lighting rod in the 2012 presidential election, is officially in the black. According to a report by the Department of Energy, interest payments
November 13, 2014 Read Full Article
Five Things to Know about Biorefinery Investments
by Alicia Moulton (U.S. Department of Energy) ... These cellulosic ethanol plants managed by Abengoa, POET-DSM, and INEOS are three of the fifteen active integrated biorefinery projects under the Energy Department’s Bioenergy Technologies Office. Also, three new companies were awarded contracts
October 30, 2014 Read Full Article
BlueFire Plays the China Card? Ex-Im Bank of China Issues $270M LOI for Mississippi Biofuels Project
by Jim Lane (Biofuels Digest) In California, BlueFire Renewables has received a Letter of Intent from The Export Import Bank of China (China EXIM) to provide up to $270 million in debt financing for its 19 million gallon bioenergy project
October 27, 2014 Read Full Article
Cool Planet Takes Big Steps toward Scale for Waste-to-Gasoline, Soil Amendment
by Jim Lane (Biofuels Digest) USDA issues $91M loan guarantee conditional commit to Cool Planet. Obama Administration back building of the company’s first commercial plant in Louisiana, as it opens its first commercial-scale Cool Terra operation in California. In California, Cool
October 15, 2014 Read Full Article
Earth to Cellulosic Ethanol: Glad You’re Here, Buddy, What Took so Long? Parts 1 and 2
by Jim Lane (Biofuels Digest) Cellulosic ethanol arrives at scale — “The five years away forever” put to rest — but are there troubling waters still ahead? For whom, and why? Part I of II There’s a gigantic disconnect between two sections
October 10, 2014 Read Full Article
Marion Trash-Sorting Facility Delayed
by Rick Smith (The Gazette) Fiberight opening pushed later into 2015 Maryland-based Fiberight LLC had expected to begin construction in June on a $15 million facility to grab organic material in garbage to convert into ethanol at a corn-ethanol plant it
September 16, 2014 Read Full Article
4 Minutes With…John M. May, Managing Director, Stern Brothers & Co, Industry Financier
by Jim Lane (Biofuels Digest) Innovative finance? We think that’s John May’s middle name; it’s certainly his trademark. Stern Bothers rolled up a tremendous clientele in the Advanced Bioeconomy — primarily on its innovative bond financing approach to first commercial
September 16, 2014 Read Full Article
USDA Announces Loan Guarantee to Help Innovative Company Turn Waste Into Renewable Jet Fuel
(US Department of Agriculture) $105 Million loan guarantee provided through the Biorefinery Assistance Program Agriculture Secretary Tom Vilsack today announced that USDA has closed on a loan guarantee to Fulcrum Sierra Biofuels, LLC to build a biorefinery to produce jet fuel from municipal
September 08, 2014 Read Full Article
USDA REAP Sinks $3.4 Billion into Rural Economies
by Anna Simet (Biomass Magazine) Though the USDA Rural Energy for America Program has been hugely successful since it was first implemented in the 2002 Farm Bill, numerous changes have been implemented over the years in order to maximize program value. To
August 28, 2014 Read Full Article
Gettin’ Yer Benjamins: DOE Finalizes $4B Loan Guarantee Program for Renewables
by Jim Lane and Mark Riedy (Biofuels Digest) This week in Washington, the Department of Energy’s Loan Program Office announced the Final RenewableEnergy and Energy Efficiency Projects Solicitation for its up to $4 billion loan guarantee program under Section 1703
July 11, 2014 Read Full Article
City Trash-To-Biofuel Project Takes Step Ahead for Blairstown, Marion
by Rick Smith (The Gazette)"First-in-the-nation" plant to convert municipal solid waste and other trash into cellulosic biofuel No Martians are landing, but loads of steel began arriving on Monday for the takeoff of project to expand and revitalize the shuttered ethanol
May 13, 2014 Read Full Article
Biofuels and the Debt Offensive: Parts 1, 2 and 3
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 Digest reader this week sent
May 07, 2014 Read Full Article
Alternative Financing Options Subject of Calif. Workshop
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 implementation of transportation technologies which
April 28, 2014 Read Full Article
DOE Announces Draft Solicitation for Section 1703 Loan Guarantees
by Erin Voegele (Ethanol Producer Magazine) The U.S. DOE has announced its intent to offer up to $4 billion in Section 1703 loan guarantees to support a wide variety of renewable energy and energy efficiency projects, including those for drop-in
April 28, 2014 Read Full Article
Department of Energy Issues Draft Renewable Energy and Efficient Energy Projects Solicitation to Foster Clean Energy Innovation
(US Department of Energy) In support of the Administration’s all-of-the-above energy strategy, the Department of Energy issued a draft loan guarantee solicitation today for innovative renewable energy and energy efficiency projects located in the U.S. that avoid, reduce, or sequester
April 17, 2014 Read Full Article
Benjamins for Biofuels in the 2015 Obama Budget: The Digest’s 7-Minute Guide
by Jim Lane (Biofuels Digest) Vitally interested in President Obama’s proposed 2015 budget and the 411 on grants, incentives, tax credits, loan guarantees and R&D support — but haven’t got the time to read all 1653 glorious pages? Try the
March 06, 2014 Read Full Article
2014 Farm Bill Provides New and Expanded Funding for Section 9003 Biorefinery Assistance Program
by Chris Groobey and Taite McDonald (Wilson Sonsini Goodrich & Rosati) ... Since the changes surrounding the Section 9003 Biorefinery Assistance Program of Title IX (9003 Biorefinery Assistance Program or the program) are the most substantive and have been the most difficult for industry
February 24, 2014 Read Full Article
The Digest's Bioeconomy Achievement Awards for 2013-14
by Jim Lane (Biofuels Digest) Beta Renewables, Abengoa, Enerkem, Proterro among the winners for Project of the Year — as residues and waste are keys to the big wins. For Fuel of the Year, Renewable Chemical of the Year, Product
January 03, 2014 Read Full Article
USDA Announces Availability of Funding to Develop Advanced Biofuels Projects
(US Department of Agriculture) Agriculture Secretary Tom Vilsack today announced the availability of $181 million to develop commercial-scale biorefineries or retrofit existing facilities with appropriate technology to develop advanced biofuels. The U.S. Department of Agriculture (USDA) remains focused on carrying
October 22, 2013 Read Full Article
Hand Up vs. Hand Out: New Government Programs Target Biofuels for Support in US, Canada
by Jim Lane (Biofuels Digest) ...As most know, the US Government in the past few days re-opened for business, and there’s an attractive USDA Loan Guarantee program recently unveiled that aspiring bioeconomy projects definitely will want to take a look
October 21, 2013 Read Full Article
Biofuels, Biomass Projects among Latest Round of REAP Funding
by Holly Jessen (Biodiesel Magazine) Agriculture Secretary Tom Vilsack recently announced funding for projects in 22 states to help reduce energy consumption and cost, as well as for increasing the use of renewable technologies, including a handful of biofuels- and
October 02, 2013 Read Full Article
Sen. Harkin Introduces Bill Encouraging Ethanol Pumps
(Renewable Fuels Association) Sen. Tom Harkin, D-Iowa, introduced a bill Monday that would create a grant program for ethanol-pump installations, establish a loan-guarantee program for renewable-fuel pipelines and require new Department of Energy regulations to encourage owners of fueling stations
October 02, 2013 Read Full Article
Follow-up Audit of the Department of Energy's Financial Assistance for Integrated Biorefinery Projects
(U.S. Department of Energy) ...Despite over 7 years of effort and the expenditure of about $603 million, the Department had not yet achieved its biorefinery development and production goals. Specifically, the EPAct mandate 2 to demonstrate the commercial application of integrated biorefineries
September 13, 2013 Read Full Article
Biodiesel Plant Reaches Capacity in US
(Biofuels International) Diamond Green Biodiesel, a joint venture between Valero Energy and Darling International, has reached capacity during its start-up phase. The plant, based next to Valero’s St Charles refinery in Louisiana, began operations in June and uses animal fat, used
August 29, 2013 Read Full Article
Marion Approves Deal for Garbage-to-Ethanol Facility
by Rick Smith (The Gazette) Solid waste recycling facility could divert waste from landfills in the region ... The Marion City Council Thursday unanimously approved a deal with waste-to-energy firm, Fiberight LLC, which gives the Maryland-based firm permission to build a
August 26, 2013 Read Full Article
Rip up the Mortgage: Sapphire Energy Pays off USDA Loan Guarantee in Full
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, Sapphire’s VP for Corporate Affairs,
July 30, 2013 Read Full Article
Advanced Biofuels Come of Age
by Dan Seif (Mother Earth News/Rocky Mountain Institute) Advanced, non-food biofuels are gaining momentum in 2013 as several new plants have gathered the capital and momentum for large-scale production. ... Despite sparse media coverage, significant volumes of non-food biofuels have been produced
May 27, 2013 Read Full Article
Biorefinery 2015 – Transformations in Biofuels Costs, Financing
by Jim Lane (Biofuels Digest) The first wave of cellulosic biofuels projects are now reaching completion. But what does the next wave look like – from technology to financing? We explore the trends in our two-part Biorefinery 2015 series. ... Long-term,
March 25, 2013 Read Full Article
ZeaChem Begins Production of Cellulosic Chemicals and Ethanol, Advances Toward Commercialization
(PR NewsWire/ZeaChem) Facility will prove biorefining process for commercial-scale production ZeaChem Inc., developer of highly-efficient biorefineries, today announced that it has produced commercial-grade cellulosic chemicals and ethanol at its 250,000 gallons per year (GPY) biorefinery in Boardman, Ore. Among the first operational cellulosic
March 12, 2013 Read Full Article
The Electric Car Mistake
by Charles Lane (The Washington Post) The Obama administration’s electric-car fantasy finally may have died on the road between Newark, Del., and Milford, Conn. The New York Times’s John M. Broder reported Friday that the Tesla Model S electric car he was test-driving repeatedly
February 12, 2013 Read Full Article
Milestones Reached: Cellulosic Ethanol Is Arriving, with Commissioning under Way and More Than 100 MMgy under Construction.
by Susanne Retka Schill (Ethanol Producer Magazine) The next five years—the often scoffed mantra of cellulosic ethanol developers—is getting whittled down to the next year or two. A milestone was reached this year when Blue Sugars Corp. got the first cellulosic
October 14, 2012 Read Full Article
In Race to Algae Fuel, Sapphire Scores Point for Open Ponds
Martin Lamonica (MIT Technology Review) Sapphire Energy has started operation of its demonstration-scale algae farm, a project which perhaps brings more clarity to an industry debate over the best way to grow algae. The San Diego-based company last week said that
September 07, 2012 Read Full Article
Warnings Ignored in Range Fuels Debacle
by Dan Chapman (The Atlanta Journal-Constitution) ... In a blistering critique obtained by The Atlanta Journal-Constitution, (Hosein) Shapouri (a senior economist with the U.S. Department of Agriculture in Washington) labeled the proposed Range Fuels plant “a high risk venture” that
September 05, 2012 Read Full Article
Sapphire Energy's Commercial Demonstration Algae-to-Energy Facility Now Operational
(PR NewsWire/Sapphire Energy) Initial Phase of World's First Green Crude Farm Completed On Time and On Budget Sapphire Energy, Inc., one of the world leaders in algae-based green crude oil production, today announced the first phase of its Green Crude Farm,
August 27, 2012 Read Full Article
Chemtex Lands $99M USDA Loan Guarantee for North Carolina Cellulosic Biofuels Project
by Jim Lane (Biofuels Digest) In North Carolina, Chemtex announced that it has received a $99 million conditional loan guarantee from USDA, under the USDA’s 9003 Biorefinery Assistance Program for the engineering and construction of “Project Alpha.” Chemtex is in discussions
August 23, 2012 Read Full Article
Fulcrum Receives Conditional USDA Loan Guarantee for Nev. Plant
by Sue Retka Schill (Biomass Magazine) Fulcrum BioEnergy Inc. received a $105 million condition loan guarantee from the USDA, putting its planned 10 MMgy Sierra BioFuels Plant closer to groundbreaking. "This USDA loan guarantee provides a key piece of financing to
August 08, 2012 Read Full Article
North Carolina on Mission to Build Biofuel Industry, Company Sees Ethanol Coming from Grassy Fields
by Emery P. Dalesio (The Republic/AP) An Italian company's Wilmington-based subsidiary is geared up to build a factory that can convert grassy plants into fuel for cars and trucks amid Sampson County's hog and turkey growers. With financial and verbal encouragement
June 11, 2012 Read Full Article
Consultant Suggests Changes to Energy Department’s Loan Reviews in the Wake of Solyndra
by Steven Mufson (The Washington Post) A White House consultant’s report said Friday that the Energy Department should bolster its ability to assess loan guarantee risks in the wake of the Solyndra bankruptcy, and urged the department to “aggressively strengthen its position”
February 13, 2012 Read Full Article
Why a Government-Based Business Strategy is Tricky
by Luke Geiver (Biorefining Magazine) Experts say it’s counterproductive, but biorefining firms continue on with government The government is a tricky organization to work with. At least that’s what Pamela Serino, director for the quality and technical support office at the
January 27, 2012 Read Full Article
Agriculture Secretary Vilsack Announces Support for a New Advanced Biofuel Production Facility in Oregon: Project will Create Jobs, Expand Production of Biofuels
(US Department of Agriculture) Agriculture Secretary Tom Vilsack today announced that USDA has approved a conditional commitment in the amount of $232.5 million to ZeaChem Boardman Biorefinery, LLC (ZBB) through the Biorefinery Assistance Program. ZBB will operate a 25 million
January 26, 2012 Read Full Article
POET, DSM Form Landmark Cellulosic Ethanol Joint Venture
by Jim Lane (Biofuels Digest) Two titans form a monster JV, starting out with a $250M investment. ...In Iowa, Poet has teamed with Dutch-based Royal DSM to create a 50/50 joint venture called Poet-DSM Advanced Biofuels that will produce cellulosic ethanol and license
January 24, 2012 Read Full Article
USDA Approves Conditional Commitment for $25M Guaranteed Loan for New Fiberight Biorefinery
(Green Car Congress) The US Department of Agriculture (USDA) has approved a conditional commitment for a $25 million guaranteed loan to build a biorefinery plant with funding support from USDA’s Biorefinery Assistance Program. The plant will be constructed by Fiberight, LLC, based
January 20, 2012 Read Full Article
LanzaTech to Convert Acquired Ethanol Plant for Biochemicals
(Bloomberg) LanzaTech NZ Ltd., a closely held biofuels company backed by billionaire Vinod Khosla, will convert a U.S. cellulosic ethanol plant it bought from Range Fuels Inc. to produce chemicals from biomass. The $5.1 million deal completed on Jan. 3 provides LanzaTech
January 06, 2012 Read Full Article
Range Fuels Sells Government-Backed Biofuel Plant to LanzaTech
(Bloomberg) Range Fuels, Inc.,..., a closely held U.S. cellulosic ethanol company that was offered $156 million in federal government backing, sold its only factory to LanzaTech NZ Ltd. as part of a government-approved liquidation. The U.S. Department of Agriculture in October approved
January 06, 2012 Read Full Article
Coskata’s $100 million IPO: The 10-Minute Version
by Jim Lane (Biofuels Digest) The first gas fermentation technology to come to the public markets: Coskata files its $100 million IPO. Here’s our 10-minute version of the filing, with a translation of the risks into English. ...Coskata, which in the
December 27, 2011 Read Full Article
The Death of Range Fuels Shouldn't Doom All Biofuels
by Kevin Bullis (MIT Technology Review) This month, Range Fuels, one of the first companies in a wave of startups that promised cheap biofuels made from sources such as wood chips rather than corn, shut its doors for good and
December 15, 2011 Read Full Article
The 10 Top Unanswered Biofuels Questions for 2011
by Jim Lane (Biofuels Digest) ...Your calls and emails are always the highlight of our days. Most questions can be answered johnny-on-the-spot. Some are still out there and well worth arguing over. Here are the Top 10 that are still
December 14, 2011 Read Full Article
Why Biorefining Loan Guarantees Give Back: Think Money, Jobs and Military Might
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 new jobs and create these
December 10, 2011 Read Full Article
For Obama’s Green-Car Revolution, Fits and Starts
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 to go green. But analysts say
December 08, 2011 Read Full Article
The Range Fuels Failure
by Jim Lane (Biofuels Digest) ...Let’s talk about Range Fuels, the good and the bad. In Georgia, the AgSouth Farm Credit bank, which is the lender of record for an $80 million construction loan that Range defaulted on, is advertising a
December 05, 2011 Read Full Article
Xconomist of the Week: 5 Questions with Sapphire Energy CEO Jason Pyle
by Bruce V. Bigelow (Xconomy) ...Jason Pyle: ...So soon, we will see the U.S. military as the leading customer for crude oil replacements. As pressure rises on the commercial airline industry (which uses most of the jet fuels in the
December 05, 2011 Read Full Article
Waste Management Invests in Fulcrum, Provides $70M Debt for First Commercial Project
by Jim Lane (Biofuels Digest) In Texas, Waste Management announced that it has closed an equity investment in Fulcrum BioEnergy. In connection with this investment, WM agreed to a secured loan facility that provides for WM’s funding of up to $70
November 21, 2011 Read Full Article
Out from Solyndra’s Shadow
by Brent Erickson (Biofuels Digest/BIO) Federal loan guarantees may be scuttled after the Solyndra affair – but should the baby really be thrown out with the bathwater? ...But the programs’ untimely end may coincide with the first commercial successes for advanced
November 17, 2011 Read Full Article
S-Day: US Must Keep Its Eyes on the Clean Energy Prize, Despite Setbacks
by Jim Lane (Biofuels Digest) ...Here the Digest’s take: for bioenergy, S-Day is about Solyndra and Secretary Chu, but it isn’t really much about bioenergy. Out of an $80 billion authorization for clean energy loan guarantees, and over a six-year
November 17, 2011 Read Full Article
The 10 Biofuels Priorities for 2012
by Jim Lane (Biofuels Digest) In California, more than 350 delegates gathered at Advanced Biofuesl Markets to set industry priorities for the next six months,seal partnerships, and exchange outlooks on 2012. It didn’t take long for the Top 10 priorities
November 10, 2011 Read Full Article
USDA Funds Project To Encourage Renewable Fuel Production, Job Creation In New Mexico
(Sapphire Energy) Agriculture Secretary Tom Vilsack announced today that USDA has issued a loan guarantee that will allow a biofuels firm to construct a facility in New Mexico to produce "green crude" oil from algae which can be refined into
November 08, 2011 Read Full Article
Energy Secretary: Loan Programs Can Be Improved Upon
by Ben Geman and Ariel Katz (The Hill E2Wire) Energy Secretary Steven Chu warned Thursday that a retreat from federal green-energy investments would be a grave economic mistake, but acknowledged that the design of loan guarantee programs could be improved. ...Chu
November 04, 2011 Read Full Article
Trick and Treat: Energy Loans under Review, as Hallowe’en Looms
by Jim Lane (Biofuels Digest) ...The fact that the US government doubled-down, by allegedly subordinating the loan to investments by a pair of hedge funds, during a Solyndra financial reorganization, is going to cost Energy Secretary a headache when he heads
October 31, 2011 Read Full Article
Biofuels Losing Government Loan Option
by Philip Brasher (Gannett/Des Moines Register) Developers of biofuels already have been struggling to attract private investment. Now they’ll have even fewer financing options with the sunsetting of the loan guarantee program that financed failed solar-panel maker Solyndra. ...But the
October 03, 2011 Read Full Article
DOE Finalizes $132 Million Loan Guarantee to Support the Abengoa Bioenergy Project
(US Department of Energy) Groundbreaking Cellulosic Ethanol Project Expected to Fund Over 300 Jobs and Build Nation’s Capacity for Cellulosic Ethanol Production U.S. Energy Secretary Steven Chu today announced that the Department finalized a $132.4 million loan guarantee to Abengoa Bioenergy
September 30, 2011 Read Full Article
Some Clean-Energy Firms Found U.S. Loan-Guarantee Program a Bad Bet
by Steven Mufson and Carol D. Leonnig (The Washington Post) ...The Obama administration’s vaunted initiative to catalyze the U.S. clean-energy industry — under attack for betting half a billion dollars on the solar-panel manufacturer Solyndra, which closed last month — has become
September 27, 2011 Read Full Article
DOE Grants Final Approval on POET Cellulosic Ethanol Loan Guarantee
(POET) POET closes on loan to keep construction on pace for 2013 plant start-up POET today (September 23, 2011) received final approval for a $105 million loan guarantee issued through the U.S. Department of Energy's Loan programs Office. The loan guarantee
September 26, 2011 Read Full Article
Fulcrum Bioenergy’s $115M IPO: The 10-Minute Version
by Jim Lane (Biofuels Digest) The first zero-cost feedstock biofuels company comes to the public markets with its IPO. ...Fulcrum becomes the 12th company to file for an IPO in the industrial biotech boom, which began with a successful listing on
September 26, 2011 Read Full Article
Solyndra Flop Fails to Slow Obama Team’s $9.2 Billion Push for Wind, Solar
by Jim Efstathiou Jr. (Bloomberg) The Obama administration, defying congressional Republicans after the failure of solar-panel maker Solyndra LLC, is working to award as much as $9.2 billion in government financing to renewable energy companies before a Sept. 30 deadline. ...Abengoa
September 20, 2011 Read Full Article
Catching the Sugar Wave
by Holly Jessen (Ethanol Producer Magazine) Not content to let Brazil hog all the glory, three development-stage companies eye sugar-based ethanol feedstocks ...If successful, California Ethanol & Power LLC will be the first ethanol production company bankrolled partially by Brazilian money,
August 23, 2011 Read Full Article
INEOS Bio JV Closes $75m in Private Financing Under USDA Loan Guarantee Program for Advanced BioEnergy Center in Florida
(INEOS Bio/PR NewsWire) Florida project is first large-scale advanced biorefinery facility in U.S. to close financing in latest round of USDA backed financing INEOS Bio announced that its joint venture project closed private financing on a $75m loan backed by a Loan Guarantee
August 19, 2011 Read Full Article
Abengoa Announces DOE Offer of Conditional Commitment for $133.9 Million Loan Guarantee to Build Inaugural Biomass Plant in United States
(Abengoa/PR NewsWire) Abengoa today announced that its subsidiary, Abengoa Bioenergy, has been selected by the US Department of Energy's Loan Programs Office to receive an offer of a conditional commitment for a $133.9 million federal loan guarantee for the construction of
August 19, 2011 Read Full Article
Advanced Biofuels USA Is Disappointed in White House Plan for National Security Drop-In Biofuels Investment
by Robert E. Kozak (Advanced Biofuels USA) As a tie-in to President Obama’s current bus tour promoting his job creation plans, the White House has issued a press release promoting a three-year $510 million dollar plan to fund “drop-in” biofuel
August 16, 2011 Read Full Article
Trash-to-Fuel Company Enerkem Raises Another $30M
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 converts household garbage and leftover
August 01, 2011 Read Full Article
Energy and Forestry Programs Examined During Farm Bill's Title IX (Energy) Hearing
by Robert E. Kozak (Advanced Biofuels USA) Many programs authorized by the 2008 Farm Bill will expire in 2012 unless they are included in a new Farm Bill. Among those programs that would expire are all the bioenergy initiatives
July 25, 2011 Read Full Article
US Energy Department Celebrates Loan Guarantee Successes as Stimulus-Supported 1705 Program Comes to Close
by Jonathan Silver (Department of Energy/Biofuels Digest) ...the U.S. Department of Energy’s Loan Programs Office (LPO) has been extremely busy, committing or closing 19 additional financings of clean energy projects – including one of the country’s first commercial-scale cellulosic ethanol
July 20, 2011 Read Full Article
The Reality We Are Living in Now: Biofuels and the New DC, Part II
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 US Renewable Fuel Standard. Though
July 11, 2011 Read Full Article
POET Receives Offer for a Conditional Commitment for $105 Million Cellulosic Ethanol Loan Guarantee
(POET) POET has received an offer for a conditional commitment for a $105 million U.S. Department of Energy loan guarantee to construct a cellulosic ethanol plant in Emmetsburg, Iowa that will produce 25 million-gallon-per-year from corn cobs, leaves, husks and
July 07, 2011 Read Full Article
Uncertainty about Ethanol Clouds Cellulosic Plant Plans
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" cellulosic ethanol plant at Emmetsburg. Poet,
July 06, 2011 Read Full Article
European Energy Efficiency Fund (EEE–F)
(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 total EEPR envelope) towards
July 05, 2011 Read Full Article
Officials Expect USDA Blender Pump Financing to Be Successful
by Kris Bevill (Ethanol Producer Magazine) The USDA’s June 15 application deadline for blender pump funding via the Rural Energy for America Program is fast approaching and state energy coordinators say they have been busy fielding calls and assisting with
June 14, 2011 Read Full Article
Bloomberg Report Says Biochemical Pathway Attractive to Investors
by Kris Bevill (Ethanol Producer Magazine) Private financial support for technology acceleration continues to be important, and certain technologies are becoming clear favorites for investors, according to a recent Bloomberg New Energy Finance analysis of financial investments made in biofuels
June 07, 2011 Read Full Article
Joint Venture Secures Financing For Renewable Diesel Facility
(Daily Markets/PRNewsWire) Darling International Inc. today (May 31, 2011) announced that Diamond Green Diesel LLC, its previously announced joint venture project with Valero Energy Corporation, has secured financing for the planned construction of its renewable diesel facility in Norco, Louisiana.
June 01, 2011 Read Full Article
Taking It to the Hill: Making the Case for Advanced Biofuels to Congress
by Mike McAdams (Biorefining Magazine/Advanced Biofuels Association) I recently had the privilege of testifying before the Energy and Power Subcommittee of the U.S. House Committee on Energy and Commerce and share with its members the incredible progress the advanced biofuels
May 26, 2011 Read Full Article
The Advanced Biofuels Leadership Conference, Day 2: We Need the Money
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, proving it can work at
May 20, 2011 Read Full Article
Development Showcase: Champagne-Ardennes, France
by Jim Lane and Ben Lazarus (Biofuels Digest) ...To be an ideal location for bioenergy projects, a site must have an advantaged combination of feedstock, infrastructure for production and distribution. Access to local markets is a plus, incentives help, and
May 20, 2011 Read Full Article
An Update on the US Energy Department’s Loan Programs
by Jonathan Silver (US Department of Energy) ...One of the three types of loans or loan guarantees offered by our office – Section 1705 loan guarantees from the Recovery Act – will expire by statute on September 30, 2011. To
May 18, 2011 Read Full Article
Harkin Frustrated by Ethanol Infighting
by Daniel Looker (Agriculture.com) ...But when Senator Tom Harkin was asked about his sense of support for the Grassley-Conrad Bill on Thursday, he said that it has some risks. Harkin supports Grassley’s bill, and is one of the original co-sponsors. But
May 06, 2011 Read Full Article
Alternative Power Projects in Michigan Being Held up by Lack of Energy Department Loan Guarantees
by Katherine Yung (Detroit Free Press) ...Together, these deals represent $1.2 billion in new investment in the state and more than 3,800 new jobs. If successful, they would significantly boost the state's efforts to grow its clean energy industry. Last year,
May 03, 2011 Read Full Article
Advanced Biofuels Leader Tells Senate Committee Consistency Is Key
(Advanced Biofuels Association) A consistent commitment by Congress that avoids the ups and downs of public opinion will be crucial to the success of transforming America's energy policy to cleaner and renewable sources, that's what Michael McAdams, president of the
April 13, 2011 Read Full Article
House Appropriations Committee Releases Final Continuing Resolution; Incrementally Positive for Renewable Energy and Clean Technology Industries
(Wilson, Sonsini, Goodrich & Rosati) On April 12, 2011, the House Appropriations Committee released the final Continuing Resolution bill for the remainder of fiscal year 2011 (the CR).1 As described below, the CR amends the Department of Energy’s (DOE’s) authority
April 13, 2011 Read Full Article
The Class of 2011
by Jim Lane (Biofuels Digest) Will these biofuels projects make the expected steps towards commercialization? There was a strong response to yesterday’s Top Story about technologies that were approaching make-or-break milestones in 2012. But what about 2011, asked some? What
April 08, 2011 Read Full Article
Ethanol Industry Hoping for Surge
by Kate Galbraith (New York Times) Cellulosic ethanol could be poised for a surge — finally. Around the country and especially in the Midwest, a number of proposed plants that would turn corn cobs, wheat straw and other plant-based feedstocks
March 31, 2011 Read Full Article
Senate Hearing Examines Oil Price Spikes, Role of Biofuels
by Holly Jessen (Ethanol Producer Magazine) During a U.S. Senate committee hearing on March 30, Chairwoman Debbie Stabenow, D-Mich., said that focusing on advanced biofuels for homegrown energy is in the best interest of the United States. “I think that
March 31, 2011 Read Full Article
Will the DOE Loan Guarantee Program Be Chopped by Congress, as US Falls to 3rd in Cleantech Investment?
by Jim Lane (Biofuels Digest) In Washington, 34 cleantech CEOs, are trying to make sure the DOE doesn’t drop its loan guarantee program despite threats of budget cuts from Congress. Signatories to the letter include Abengoa Bioenergy EVP Christopher
March 30, 2011 Read Full Article
Alt Energy Groups Ask Congress to Support DOE Programs
by Joanna Schroeder (DomesticFuel.com) A multitude of leading energy trade associations today wrote to Congressional leaders with a request for Congress to maintain support and funding for the U.S. Department of Energy (DOE) including the Loan Guarantee Program. The program, in
March 29, 2011 Read Full Article
USDA Seeks Applications for Renewable Energy Funding, Loan Guarantees
(US Department of Agriculture) Funds Will Help Win the Future by Spurring Investment to Increase the Production and Use of Renewable Energy Agriculture Secretary Tom Vilsack announced that USDA is seeking applications to increase the production and use of renewable energy
March 15, 2011 Read Full Article
The Money Identity, the Bond Supremacy, the Washington Ultimatum: Biofuels and Loan Guarantees
by Jim Lane (Biofuels Digest) ...Essentially, despite rising banking sector profits and good results from stress tests, the bank financing market has not returned for biofuels – the financing source for whom the USDA loan guarantee was developed in the
February 22, 2011 Read Full Article
KiOR Receives Loan Guarantee Term Sheet for over $1 Billion Project from US Department of Energy
(KiOR) Project would produce drop-in fuels from wood biomass at four facilities across three states KiOR, Inc., announced today that it has received a term sheet for a loan guarantee supporting an over $1 billion biofuels project from the U.S. Department of Energy’s
February 04, 2011 Read Full Article
Company Developing Fuel for Future
by Jenette Sturges (Naperville Sun) In only a few short years, it could be fueling cars and trucks while producing 90 percent less greenhouse gas, providing energy security for the nation, and creating high-tech jobs in the Naperville area. It’s a process
February 01, 2011 Read Full Article
Sen. Harkin Introduces “Biofuels Market Expansion Act”
by Joanna Schroeder (DomesticFuel.com) U.S. Senator Tom Harkin (D-IA) introduced a new piece of legislation today, called the “Biofuels Market Expansion Act of 2011.” The bill, if passed, would ensure an increasing number of automobiles in the U.S. be flexible
January 26, 2011 Read Full Article
Loan Guarantees To Gain Steam in 2011: The DOE’s View
by Jonathan Silver (DOE/Biofuels Digest) ...After a year of unprecedented growth, the U.S. Department of Energy’s Loan Programs Office (LPO) has emerged as one of the largest and most productive project finance organizations in the world. Through low-cost, long-tenor loans
January 26, 2011 Read Full Article
Department of Energy Offers First Conditional Commitment for a Loan Guarantee for Advanced Biofuels Plant
(US Department of Energy) Project Expected to Create Over 700 Jobs and Nearly Triple Amount of Renewable Diesel Produced Domestically U.S. Energy Secretary Steven Chu January 20, 2011, announced the offer of a conditional commitment to Diamond Green Diesel, LLC, the
January 21, 2011 Read Full Article
Coskata Supported Biorefinery Selected To Receive $250 Million Loan Guarantee From USDA
(Coskata) Guarantee will support a commercial-scale cellulosic ethanol facility in Alabama Coskata Inc., a developer of technology for the production of renewable fuels and chemicals, was notified by the USDA of their intent to provide a $250 million loan guarantee in