Investors have stepped in to give troubled Imperium Renewables, which operates a 100-million gallon biodiesel refinery in the Seattle area, a boost to repay some of its debts. This story from the Seattle Times says Imperium has also hired a third-party debt restructuring firm to help it negotiate down debt with other creditors: “With this recapitalization and cooperation of our …
Wall Street Bailout Bails Out Stalled Biodiesel, Solar & Wind Credits
The U.S. House of Representatives has reversed direction from just a week ago and approved 263-171 the Senate’s version of the $700 billion bill to fix the nation’s financial crisis. And this story from Reuters says incentives for biodiesel, wind and solar are also the big benefactors from the vote: Legislation to extend the renewable energy tax credits, which were …
Miami Biodiesel Plant Seen as Alternative to ‘Drill, Baby, Drill’
As some folks call for more offshore drilling of non-renewable petroleum, a place known for its beautiful beaches is looking to biodiesel as an alternative to drilling platforms breaking up that breath-taking views. This story from Miami Today says Biomix Energy Corp. wants to build a biodiesel plant on the Miami River: The first phase of the project, expected to …
Camelina Biodiesel to Fuel Jets
The world’s leading producer of camelina… a non-food oilseed… is teaming up with the University of North Dakota to produce biodiesel jet fuel from the grain. Great Plains – The Camelina Company and the Energy & Environmental Research Center (EERC) at UND have agreed to allow the EERC to use Great Plains’ proprietary technology to produce advanced fuels: Great Plains …
Bently Biofuels Opens Green Station
Not only is the fuel they sell green, but a new biodiesel and ethanol station near Lake Tahoe, Nevada will be good for the environment as well. The new Bently Biofuels retail pump in Minden, Nevada is now selling B99, B20 and B5 biodiesel, as well as E10 and E85 ethanol. In addition, the building that houses the store and …
USDA: Corn, Soybean Stockpiles Up
Rains and flooding kept farmers in the Midwest corn and soybean belts out of their fields for a long time this spring. But according to a new report from the USDA, the actual stockpiles of the main feedstocks for ethanol and biodiesel are higher than expected. This story in Forbes says the U.S. has a 30-day stockpile of soybeans… a …
Wind, Biodiesel Tax Credits Could Be in Trouble
As lawmakers wrestle over a bailout for Wall Street, some renewable energy producers on Main Street are wondering if they’ll at least get an extension of some valuable tax credits. This story from Agriculture Online quotes Senator Chuck Grassley, the ranking Republican on the Senate Finance Committee, as saying that if Congress adjourns without passing a tax relief bill, it …
Algae Biodiesel From Catfish Farms
Algae has traditionally been a nuisance to catfish farmers, but it could end up being a new source of income for them and a new source of energy for the southeast. Ron Putt, an associate research professor at Auburn University, has been studying the feasibility of using algae from catfish farms for biodiesel production. “Currently I have a small project …
On-Farm Biodiesel
Farmers on the panhandle of Florida can now make their own biodiesel on the farm with the help of the Three Rivers Resource Conservation and Development Council (RC&D) in Milton through USDA’s Natural Resources Conservation Service. The council recently invested in a portable biodiesel extruder that can be taken out to local farms to make biodiesel from plants and used …
Terminator Says Hasta La Vista to Biodiesel Fees
California Governor Arnold Schwarzenegger is reducing the fees his state slaps on people who collect some of the raw materials to make biodiesel for their own personal use. This story on the Best Syndication web site says The Gubernator signed a bill by Assemblyman Anthony Adams (R-Hesperia) to cut those fees: “By reducing fees to use biodiesel fuels, more Californians …