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Tag "loan guarantees"

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

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

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,

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

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. …

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

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

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

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

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

September 7, 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

September 5, 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

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

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

August 8, 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

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

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

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

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

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

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

January 6, 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

January 6, 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

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

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

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

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

December 8, 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

December 5, 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

December 5, 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

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’

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

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

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

November 8, 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

November 4, 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

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

October 3, 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

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

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

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

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

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

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

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

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

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

August 1, 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

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

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

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

July 7, 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

July 6, 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

July 5, 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

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

June 7, 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

June 1, 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

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

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.

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

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

May 6, 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

May 3, 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

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

April 13, 2011 0 comment 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

April 8, 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

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

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

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

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

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

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

February 4, 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

February 1, 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

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)

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

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

January 20, 2011 Read Full Article

Agriculture Secretary Vilsack Outlines Progress on Effort to Advance Renewable Energy Production in America

(USDA)  Expansion of Biofuels Reaches All Regions of the Country Agriculture Secretary Tom Vilsack announced January 20, 2011, that biofuels

January 20, 2011 Read Full Article

Enerkem Awarded Loan Guarantee from U.S. Department of Agriculture for Its Mississippi Waste-to-Fuel Biorefinery

(Enerkem)  Enerkem Inc. today announced that Enerkem Corporation, its wholly-owned U.S. affiliate, has  obtained a conditional commitment  for an US$  80 million

January 20, 2011 Read Full Article

Much-Touted Cellulosic Ethanol Is Late in Making Mandated Appearance

by Dina Fine Maron (ClimateWire/New York Times)  …U.S. EPA figures indicate that in the second half of 2010, not a

January 12, 2011 Read Full Article

The USDA Loan Guarantee Program and the Congressional Deficit-Reducing Drive

by Jim Lane (Biofuels Digest) …At risk in that budget process is the entire funding for the Section 9003 loan

January 6, 2011 Read Full Article

INEOS Bio JV Receives Commitment for $75 Million USDA Loan Guarantee

(INEOS Bio)  Funding will create jobs through the construction and completion of advanced commercial facility in Florida INEOS Bio and

January 5, 2011 Read Full Article

Top 10 Biofuels Predictions for 2011

by Jim Lane (Biofuels Digest)   …For our 2010 batch of predictions, we give ourselves 6 marks out of 10. We

December 31, 2010 Read Full Article

The True Brew – Answers to Your “Biofuels Fact or Fiction” Questions

by Jim Lane (Biofuels Digest)  Today, we’ll reach into the mailbag and voicemail box and shed some light on topics

December 30, 2010 Read Full Article

America Needs New Investment: In the Next Generation of Biofuels

by Christopher G. Standlee (Abengoa Energy/The Hill’s Congress Blog)  …(T)here is bipartisan support for answering an urgent national challenge: replacing imported

November 22, 2010 Read Full Article

Fulcrum BioEnergy Project Selected by the U.S. Department of Energy to Advanced to the Final Stage for a Loan Guarantee

(Fulcrum BioEnergy)  Fulcrum Receives Detailed Term Sheet Proposal from DOE Fulcrum BioEnergy, Inc. announced November 16, 2010, that the U.S. Department

November 21, 2010 Read Full Article

Summary of Cellulosic Biofuels Finance & Investment Forum

by Joanne Ivancic (Advanced Biofuels USA)  Faith and Belief.  Most impressive about the 2010 Cellulosic Biofuels Finance & Investment Forum,

November 15, 2010 Read Full Article

Utilities’ Perspectives on Biomass-to-Power Opportunities

by Cindy O’Connor  (Advanced Biofuels USA)  Washington, DC Biomass Finance & Investment Summit, October 13-15 2010:  Friday Session Highlights The physical

November 12, 2010 Read Full Article

U.S. Biofuel Production, Use Lags

by Philip Brasher (Zanesville Times Recorder)  Motorists will use just a fraction of the next-generation biofuels in 2011 that Congress

November 10, 2010 Read Full Article

RFA Urges White House to Support Cellulosic Ethanol

by Cindy Zimmerman   (DomesticFuel.com)   In a letter hand (delivered) to President Obama this week, RFA President and CEO Bob Dinneen urged the

November 10, 2010 Read Full Article

Cellulosic Biofuel Output Will Lag 2011 Requirements, EIA Forecast Shows

by Andrew Herndon (Bloomberg)  Oil companies won’t be able to get as much cellulosic biofuel as they might need next year,

November 8, 2010 Read Full Article

Obama May Kill Key DOE Loan Guarantee Program

by Jim Lane (Biofuels Digest)  Washington, the Obama Administration developed and has been debating an option to kill the Section 1705

November 8, 2010 Read Full Article

Financing Fix: Change Needed to Help Ensure Clean Energy

(BioTechNOW)  Congress urged to restore funding to DOE Loan Guarantee Program Growth of clean energy has been stifled, biofuel advocacy groups

October 14, 2010 Read Full Article

Biofuel Project Hits Bureaucratic Snag

by Ron Brochu  (BusinessNorth.com)  …Federal loan guarantees are available to support construction of the high-tech Flambeau River Biofuels refinery in Park

October 12, 2010 Read Full Article

Biofuels Incentives: A Summary of Federal Programs

by Brent D. Yacobucci (Congressional Research Service)   …Ethanol and biodiesel, the two most widely used biofuels, receive significant government support under

October 12, 2010 Read Full Article

Cleantech Stimulus Still Not Stimulating

by David Gold (RenewableEnergyWorld.com)   …While stimulus supporters and the press love to focus on the selection of award winners for

September 29, 2010 Read Full Article

The Biorefinery Project of the Future: A 10-Part Series

by Jim Lane (Biofuels Digest)  …We have spoken to farmers, local business owners, environmentalists, community development officials, engine developers, scientists, policy

September 22, 2010 Read Full Article

BlueFire Renewables Secures 15-Year Off-Take Agreement with Tenaska BioFuels for Mississippi Cellulosic Ethanol Facility

(PRNewswire)  Contract Is Among First of Its Kind in U.S. BlueFire Renewables, Inc., a company focused on changing the world’s

September 22, 2010 Read Full Article

Obama Signs Bill Trimming DOE Renewable Energy Loan Total

by Jean Chemnick    (Platts)  US President Barack Obama on Tuesday signed legislation that would fund emergency assistance to various states,

August 12, 2010 Read Full Article

Department of Energy Extends Renewable Energy Loan Guarantee Solicitation

(US Department of Energy)  Secretary Steven Chu announced today that the Department of Energy is extending the application deadline for the

August 10, 2010 Read Full Article

Biofuels Industry Blames Washington for Holding Back Cellulosic Ethanol

by Stacy Feldman (SolveClimate) Industry rips failing DOE loan program on the heels of EPA’s decision to slash cellulosic biofuel

July 21, 2010 Read Full Article

GAO Report Urges Changes to DOE Loan Guarantee Programs

(Renewable Fuels Association)  …“Access to capital is a chief hindrance to the commercial deployment of cellulosic ethanol technology,” said RFA

July 14, 2010 Read Full Article

Department of Energy: Futher Actions Are Needed to Improve DOE’s Ability to Evaluate and Implement the Loan Guarantee Program

(US Government Accountability Office)  Since the Department of Energy’s (DOE) loan guarantee program (LGP) for innovative energy projects was established in

July 14, 2010 Read Full Article

The Song That Never Ends: the Financing of Cellulosic Ethanol

by Jim Lane (Biofuels Digest)  …The Infinite Loop in financing cellulosic ethanol is the setting of conditions for loan guarantees

June 24, 2010 Read Full Article

ABFA President to Congress: Advanced BioFuels Will Drive America’s New Economy and Fuel the Future

(Advanced Biofuels Association)  Advanced Biofuels Association President Michael McAdams briefed the House Agriculture Committee this afternoon, telling its members, “It’s

June 24, 2010 Read Full Article

Smart Bioenergy: Guiding Sustainable Bio-Based Energy and Fuels Development

(Union of Concerned Scientists)  The Billion Gallon Challenge: Advanced Biofuels from diverse sources such as grasses and agricultural waste hold the

June 17, 2010 Read Full Article

Renewable Fuels Association Writes to USDA on Proposed Rule on Biorefinery Assistance Guaranteed Loan Program

by Bob Dinneen (Renewable Fuels Association)  …The technology exists to process ethanol from cellulose feedstocks; however, the commercialization of cellulose

June 17, 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

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

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

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

May 14, 2010 Read Full Article

Agriculture Secretary Vilsack Invites Public Comment on Proposed Rules for USDA Renewable Energy Programs

(USDA)  Agriculture Secretary Tom Vilsack April 16, 2010, invited public comment on several proposed rules designed to increase the production of advanced

April 20, 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

March 16, 2010 Read Full Article

“This Approach, We Fear, Drives a Systematic Bias toward Lending for Power Generation Projects.”

(Biofuels Digest) A letter to Energy Secretary Chu from 11 cellulosic ethanol CEOs and directors: “The Department is obligated by

February 9, 2010 Read Full Article

Department of Energy Issues Final Rule on Loan Guarantees

Energy Secretary Steven Chu announced the issue of a final rule amending the Department of Energy’s regulations for its Loan

December 8, 2009 Read Full Article

US DOE Accepting Applications for Loans to Leading Edge Biofuels Projects

 Section 1705 of Title XVII authorizes the Secretary of Energy (“Secretary”) to make loan guarantees under this section, notwithstanding Section

August 24, 2009 0 comment Read Full Article

Obama Administration Announces Billions in Lending Authority for Renewable Energy Projects and to Modernize the Grid

U.S. Energy Secretary Steven Chu announced  that the Department of Energy will provide up to $30 billion in loan guarantees,

July 31, 2009 Read Full Article

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