The Iowa Renewable Fuels Association (IRFA) has launched an E85 Wholesale Price Listing Service. The IRFA lists E85 prices from wholesale distributors with the intent of increasing transparency in the marketplace, allowing retailers to review supply options in one location. “The goal of our E85 wholesale price listing program is to assist retailers in providing their consumers with the lowest-cost …
BioEnergy Bytes
How does regulatory and legislative behavior affect RIN values? Is it possible to predict price fluctuations in the current environment? These questions and more will be asked and answered by Tristan Brown, lecturer at Iowa State University and a regular contributor to Seeking Alpha, during the RIN Academy on August 26, in Des Moines, Iowa. Brown co-authored the book, Why …
IBM Launches Wind & Solar Forecasting
IBM has announced the launch of an advanced power and weather modeling technology that will help utilities increase the reliability of renewable energy resources. According the company, the solution, “Hybrid Renewable Energy Forecasting” (HyRef) combines weather predictions and analytics to accurately forecast the availability of wind power and solar energy. This will enable utilities to integrate more renewable energy into …
Real Goods Solar to Purchase Mercury Energy
Real Goods Solar, has signed a definitive agreement to acquire Mercury Energy, Inc. d/b/a Mercury Solar Systems in a merger transaction. Based in Port Chester, New York, Mercury Solar Systems is one of the region’s top solar companies. Real Goods Solar will issue 7.9 million shares of its class A common stock, subject to certain adjustments based on closing working …
Praj Cellulosic Plant Breaks Ground
Praj Industries is set to be the first company in South Asia to produce bioethanol. The company has broken ground on its integrated 2nd Generation (2G) Cellulosic ethanol plant. Praj’s Executive Chairman Mr. Pramod Chaudhari, was at the groundbreaking ceremony at Shirala in Sangli District in Maharashtra (India) along with Chairman of Viraj Alcohols & Allied Industries Limited (VAAIL), Mr. …
Amyris Signs $60M Funding Agreement
Amyris, Inc. has announced they have entered into an agreement for the sale of convertible notes in a private placement for up to $60 million in cash proceeds. Under the terms of the agreement, one of Amyris’s largest stockholders, Temasek, agreed to purchase $35 million of the notes in an initial tranche and, at Amyris’s election, up to $25 million …
Greenbelt’s Distillation Module Exceeds Benchmarks
Greenbelt Resources Corporation has announced successful performance testing results from its automated distillation module. The module, available separately or as part of a complete sustainable energy production system, efficiently generated hydrous ethanol, distilled water and fertilizer from beer stock of 4 percent ethanol at a rate of 70,000 gpy (gallons per year) – or 10 gallons per hour. The test …
Patriot Renewable Fuels Celebrates 5th Anniversary
Patriot Renewable Fuels is celebrating its 5 year anniversary. The ethanol biorefinery will be hosting an open house Thursday, August 22 and Friday, August 23, 2013 from 10:00 am to 3:00 pm CST. Patriot is a 120 million gallon per year ethanol producer who has demonstrated several major contributions to the local community, Illinois and country. According to Patriot’s Gene …
The Pursuit of Greener Methanol
A Lehigh University Research team is working to create a new method of producing renewable fuel. Supported by a $2 million grant from the National Science Foundation, using only carbon dioxide, sunlight and water, the team is attempting to perfect a low-cost, environmentally friendly process that could enable the production of methanol—which can be used as fuel for cars, heating …
Microvi Awarded USDA Grant for Butanol
Microvi Biotechnologies has been awarded a grant to develop its technology to improve yield and performance of biobutanol processes from the U.S. Department of Agriculture (USDA). According to Microvi, their technology overcomes the toxic and inhibitory effects on butanol producing microorganisms, a major bottleneck in scaling existing biobutanol processes. Its butanol technology is based on the their MicroNiche Engineering, a …