The Senate Finance Committee has approved a bipartisan tax extenders package that includes aid for the alternative energy industry. The package includes the $1 per gallon biodiesel Blender’s Credit; an extension of the wind energy Production Tax Credit; an extension of the Investment Tax Credit (ITC) for the development of offshore and community wind projects; and an extension of the producer …
Sweetwater Energy Exceeds Funding Expectations
Sweetwater Energy has exceeded its goals for Series A funding raising $9 million, $4 million over its original goal. The New York-based company is developing a process to produce cellulosic sugar that can be used to produce biofuels, biochemicals and bioplastics. The company’s primary target is is refineries. “As anyone trying to start a business today knows, the economic climate …
Payments Made to Renewable Feedstocks Producers
Nearly $19.4 million in payments to 125 advanced biofuel producers growing non-food feedstocks for use in development for biofuels has been made by the UDSA. The funding is provided through USDA’s Bioenergy Program for Advanced Biofuels that was established in the 2008 Farm Bill. The goal of the program is to support the research, investment and infrastructure needed to build …
CARD: Reducing RFS Would Not Achieve Goals
According to the Center for Agriculture and Rural Development (CARD) located at Iowa State, calls to reduce, revise or repeal the Renewable Fuel Standard (RFS) would not achieve the goals of the industries who are demanding the action. “The desire by livestock groups to see additional flexibility in ethanol mandates may not result in as large a drop in feed …
New Investments to Drive Biofuels Innovations
The U.S. Departments of Agriculture (USDA) and Energy Wednesday announced a $41 million investment in 13 projects designed to drive more efficient biofuels production and feedstock improvements. “If we want to develop affordable alternatives for oil and gasoline that will help reduce our dependence on foreign oil, we need investments like these projects to spur innovation in bioenergy,” said Agriculture …
KiOR Receives Approval to Sell Cellulosic Fuel
KiOR has been granted Part 79 registration by the Environmental Protection Agency (EPA) for its renewable gasoline blendstock 5, or cellulosic gasoline. This step is required before the sale of the fuel to be used in motor vehicles becomes legal. “Part 79 registration is a landmark for KiOR and the renewable sector, as KiOR’s gasoline is the first renewable cellulosic gasoline …
Operation Free Campaign Supports Navy Biofuels
A new campaign by a nationwide coalition of military veterans is targeting members of Congress who are opposed to increasing the use of biofuels in the military. The Operation Free campaign has released a new television advertisement entitled “Trust,” featuring Marine Corps veteran Chris Marzoni who served in Iraq as part of Operation Iraqi Freedom. In the spot, Marzoni says …
New Biofuels Conference on the Block
There is a new conference on the block – the 2012 Collective Biofuels Conference hosted by Promethean Biofuels. The event takes place at Temecula Creek Inn on August 17 – 19, 2012 and is designed for small biofuels producers with a focus on industrial scale-up production. The conference will educate the industry on biofuels basics, research, community, quality, ASTM testing, …
Dyadic Unveils Biofuels Enzyme Product
Global biotech company Dyadic International today unveiled its latest biofuels enzyme advancement, AlternaFuel® CMAX3™, which the company says is a next generation product that enables the production of cellulosic biofuels and bio-based chemicals from a wide range of renewable non-food feedstocks under broad operating conditions. “The data supporting this product clearly demonstrates Dyadic’s scientific capabilities to leverage our C1 technology …
Biofuel Groups File Petition in Oil Lawsuit
Six biofuel industry organizations have jointly petitioned the U.S. Court of Appeals for the District of Columbia Circuit to intervene in a lawsuit filed by the American Fuel & Petrochemical Manufacturers (AFPM) and the Western States Petroleum Association (WSPA) against the U.S. Environmental Protection Agency. The biofuel organizations include the Advanced Biofuels Association, Advanced Ethanol Council, American Coalition for Ethanol, …