Waste-to-biofuels company, Enerkem, has raised C$50 million in financing bringing the total equity investment raised by the company in 2013 to C$87 million. As part of this financing, institutional fund Investissement Québec joins existing investors Waste Management of Canada, Rho Ventures, Braemar Energy Ventures, The Westly Group, Cycle Capital, Fonds de solidarité FTQ and Fondaction, who each increased their investment …
For Summer Fun, Rent an Alt Vehicle
This summer, Disneyland is promoting energy efficiency to those coming to their famous theme park. MPG Car Rental gives California visitors a chance to try out some alternative energy cars including the Prius, the Volkswagen TDi and the fully electric Tesla Model S, winner of the 2013 Motor Trend Car of the Year award. The tie-in to green cars and …
Ygrene Fund Florida’s First PACE Projects
Ygrene Energy Funds Florida has announced funding for the first Property Assessed Clean Energy (PACE) projects in the state. The Ygrene program provides residential and commercial property owners with access to low-cost, low-risk capital to implement building upgrades, including hurricane protection, energy efficiency and renewable energy projects. The PACE-financed projects are non-recourse financing repaid via annual property assessments over a …
BioEnergy Bytes
ECOtality, Inc.and NovaCharge, LLC, a leader in the deployment of EV charging infrastructure, announced that NovaCharge has become an authorized dealer of Blink commercial chargers. Hydrogenics Corporation, a developer and manufacturer of hydrogen generation and hydrogen-based power modules, announced that the largest Power to Gas facility in the world went “live” with the first direct injection of hydrogen into a …
API Denied Hearing on E15
The Supreme Court has issued a decision to not hear the American Petroleum Institute (API) and other ethanol opponents’ challenges to E15, a blend of 15 percent ethanol and 85 percent gasoline, that has been approved by the U.S. Environmental Protection Agency (EPA) for use in cars and light duty trucks manufactured in 2001 or newer. “Today is a true …
Management & Planning Key to Biofuels Profitability
How you manage and plan your biofuels operation is just as important to ensuring its profitability as the price of the inputs that go into making the green fuels. “The biofuels industry is like any other company,” explains John Christianson, partner and founding member of Christianson & Associates, a Minnesota firm that specializes in working with farmers and rural businesses, …
Australian Biodiesel Headed for U.S.
About 1.5 million gallons of Australian biodiesel is headed for the U.S., with another 1.32 million gallons fast on its heels. Biodiesel Magazine reports Australian Renewable Fuels Ltd. sent 5.7 million liters, and the other shipment is scheduled for August: Customers for the order are Valero Energy Corp. and Gavilon Inc., two of the world’s leading energy companies. Gavilon is …
ACT Expo to Kick off in Washington, D.C.
The 2013 Alternative Clean Transportation (ACT) Expo kicks off at the Washington Convention Center today and during the three-day show, new technology diesel advancements in both heavy-duty trucks and light-duty passenger vehicles will be showcased by the Diesel Technology Forum. According ACT, their Expo is North America’s largest alternative fuel and clean vehicle technology conference and expo – representing electric, …
Uncertainty over RFS Hurting Biofuel Investment
While Florida was debating the future of its Renewable Fuel Standard (RFS) many biofuel companies fought hard to keep it in place. One supporter was Brad Krohn with Florida-based United States EnviroFuels. Brad recently spoke with our Chuck Zimmerman following a day of testimony heard by the Florida House. They just had a follow up discussion about how things are …
Biodiesel Bounces Back in Iowa
The last year or two has been especially tough for the biodiesel industry, but the green fuel is seeing a comeback. And nowhere is that more apparent than Iowa, one of the nation’s leaders in biodiesel production. This article in Iowa Farmer Today says the biodiesel industry is having a much better year this year and even quotes Iowa Biodiesel …