A new commercial scale advance biofuels plant broke ground today in Vero Beach, Florida. The $130 million plant is being developed by INEOS New Planet BioEnergy (INPB), a joint venture between INEOS Bio and New Planet Energy. The Indian River BioEnergy Center in Vero Beach, Florida, will convert yard, vegetative and household wastes into cellulosic ethanol and renewable power for …
Elixir Bio-Tech Wins Award
A New Mexico Algae Biotech company, Elixir Bio-Tech Inc. (EBT), has been named one of the top 50 winners of the FundingPost’s 7th annual “Pitching Across America” competition. EBT is attempting to demonstrate accelerated approaches in producing algal biofuels with its Algae Biomass Feedstock project and has a patent pending on its Open and Closed Algae Biomass Systems. FundingPost is …
Update on DDCE Cellulosic Ethanol Projects
Two and a half years ago DuPont partnered with Danisco (whom DuPont is now acquiring) to create DuPont Danisco Cellulosic Ethanol (DDCE). In just a short amount of time, the venture has come a long way in bringing cellulosic fuels closer to commercial scale. During the Iowa Renewable Fuels Association’s (IRFA) annual conference, Kyle Althoff, DDCE’s Director of feedstock development …
KiOR Lands DOE Loan Guarantee Promise
KiOR, Inc. has a $1 billion biofuels project in the works that will convert wood biomass into drop-in biofuels such as gasoline and diesel fuel. Today the company announced that it has received a term sheet for a DOE loan guarantee to help financially support the project. KiOR’s project under the DOE loan guarantee program will consist of four biorefineries …
Online Biodiesel Equipment Auction Set to Begin Feb. 7
Maas Companies of Rochester, Minn. is coordinating an online auction of the sale of Sustainable Energy’s brand new 600 tons/day Hexane Extraction Equipment. The timed, online auction will take place on Monday, February 7, 2011 and end on Friday, February 18, 2011 at 5:00 p.m. EST. Maas specializes in the selling of ethanol and biodiesel plants and related equipment. This …
Algae Harvesting No Problem for Kent Bioenergy
One potential hurdle to the commercialization of algal fuels are how to harvest the algae. But one company believes that they already have this challenge figured out. Kent Bioenergy has been harvesting algae for years, as part of their aquaculture business that dates back the the 1970s. The original company needed to learn how to clean the water used for …
DF Cast: New Year, New Legislation for Ethanol, Biodiesel
The new year brings talk of new legislation for the ethanol and biodiesel industries. In this edition of the Domestic Fuel Cast, we talk to some of the leaders of the green fuels’ industries, as well as the head of the nation’s largest farm organization, to get their takes on what should be coming from Washington, D.C. as far as …
Alt Energy to Get $300M from GE, ConocoPhilips & NRG
Alternative energy technolgies, including biodiesel and ethanol, natural gas, smart grids, solar, and hydro power, will share in $300 million in capital from a new joint venture involving General Electric Co., ConocoPhilips and NRG Energy Inc. This article from Bloomberg says the investment company, Energy Technology Ventures, will be backing about 30 startups over the next four years: Collaborating with …
President’s Energy Goals Sound Familiar
Representatives of the renewable fuels industry were pleased to hear President Obama talking about energy independence during his State of the Union address last night, saying that we need to “break our dependence on oil with biofuels, and become the first country to have a million electric vehicles on the road by 2015” as well as mentioning wind and solar, …
RAND Says Alt Fuels Out, Coal & Biomass In, for Military
RAND National Defense Research Institute has released a study today amidst a firestorm of criticism with many claiming that the report sounds like an advertisement for the coal industry. The study, commissioned by the Department of Defense, was to conduct an examination of alternative fuels for military applications. For the past several years, the military has been testing alternative fuels, …