EcoEngineers, a company that provides compliance and market access solutions to the renewable energy industry, is the winner of the 2014 Best Kept Secret Award, which spotlights a Des Moines, Iowa business that is quietly building a reputation for excellence on a national or global scale, but often flies under the radar locally due to the nature of the industry or market it serves. The award is part of the 2014 Economic Impact and Celebrate Business Awards, sponsored by the Greater Des Moines Partnership and the Des Moines Business Record.- DEINOVE is now proceeding to test the technology with its DEINOL technology on industrial biomass in partnership with MBI who is in the process of scaling up a transformational biomass pretreatment technology, called AFEX. AFEX is designed to be a sustainable, economically viable source of pretreated biomass for food, feed, fuel, and other biorefinery applications. Preliminary DEINOVE lab results have demonstrated that Deinococcus assimilates over 95% of the sugars present in AFEX pretreated biomass and efficiently converts these sugars into ethanol, they represent an important step forward on the road to commercial production.
- Ecoplexus, Inc. announced that it has closed financing and commenced construction on three solar photovoltaic projects (Langley PV1, Carter PV1, and Pecan PV1) totaling 21 megawatts (MW), representing approximately $40 million in project costs. The projects have signed long-term power purchase agreements contracts with Duke Energy Progress and are expected to achieve commercial operations in 2014.
- Hannon Armstrong Sustainable Infrastructure Capital, Inc. has announced a $144 million investment in a portfolio of 10 operating wind projects owned by an affiliate of JP Morgan Chase. The transaction enables Hannon Armstrong to participate in the priority cash flows associated with these wind projects. Hannon Armstrong also raised $115 million of new fixed-rate non-recourse debt from Bank of America, N.A, using the investment as collateral.
