Funding has been secured for the Redstone Concentrating Solar Power (CSP) project in Northern Cape, South Africa by the Overseas Private Investment Corporation (OPIC). The group has made a $400 million commitment of debt financing for the project, that is part of Secretary John Kerry’s Climate and Clean Energy Investment Forum. The project also supports President Obama’s Power Africa initiative …
RFA Wants Oregon to Treat All Fuels Fairly
The Renewable Fuels Association (RFA) wants the state of Oregon to treat all fuels fairly. This news release from the group says RFA submitted comments to the Oregon Department of Environmental Quality (DEQ) in response to the agency’s September proposed rule for the state’s Clean Fuels Program (CFP). RFA wants the department to use standards that “support performance-based low carbon …
NFU Adds Voice to Displeasure Over RFS Report
The National Farmers Union (NFU) is the latest to voice its displeasure over a new report critical of the Renewable Fuel Standard. This news release from the group says the recommendations made in the “10-Year Review of the Renewable Fuels Standard: Impacts to the Environment, The Economy, and Advanced Biofuels Development,” by the University of Tennessee that calls for dismantling …
EDF RE Completes 194 MW Wind Farm
EDF Renewable Energy’s (EDF RE) Spinning Spur 3 Wind Project located in Texas is now in operation. The 194 MW wind farm was completed three months ahead of schedule and the renewable electricity produced will feed into the CREZ (Competitive Renewable Energy Zone) transmission infrastructure and be sold to Georgetown Utility Systems and Garland Power & Light, two municipal utilities …
Senator Toomey’s Anti-RFS Amendment Tanks
Senator Pat Toomey (R-PA) introduced an amendment that would eliminate corn ethanol from the Renewable Fuel Standard (RFS). It was promptly defeated by the Senate Committee on Banking, Housing and Urban Affairs by a vote of 15-7. Pro RFS supporters came out en masse against Toomey’s amendment and thanked the Committee for making the right decision on consumer choice at …
Industry Applauds Sen Talent’s RFS Efforts
Yesterday former Missouri U.S. Senator Jim Talent launched Americans for Energy Security and Innovation (AESI), an organization focused on expanding support for the Renewable Fuel Standard (RFS). The ethanol industry responded to the news favorably. “The RFA welcomes AESI to the ongoing efforts to ensure that the RFS remains America’s most successful energy policy,” said Renewable Fuels Association President and …
Companies Support Cali’s Low Carbon Fuel Standard
A group of major companies have come out in support of California’s Low Carbon Fuel Standard (LCFS). Thirty-six companies sent a letter to California Air Resources Board (CARB) Chairman Mary Nichols expressing their support for the re-adoption of the program. They cited the standard’s positive influence on the development of cleaner transportation fuels. “BICEP companies support a strong LCFS because …
Enerkem Raises C$152M in Funding
Waste-to-biofuels and biochemical company Enerkem has raised C$152.6 million and initiated the production of biomethanol from non-recyclable household garbage at the Enerkem Alberta Biofuels full-scale facility in Edmonton, Canada. The financings are comprised of a recently accessed C$29 million debt facility from Integrated Asset Management Corp.’s (IAM) Private Debt Group as well as C$50 million in private placements from current investors …
USDA Announces Funding for Biofuel Infrastructure
Agriculture Secretary Tom Vilsack today announced that 21 states will receive grants through the Biofuel Infrastructure Partnership (BIP) to help provide access to more renewable fuels for America’s drivers. “The Biofuel Infrastructure Partnership is one approach USDA is using to aggressively pursue investments in American-grown renewable energy to create new markets for U.S. farmers and ranchers, help Americans save money …
K2 Wind Farm Operating, Canada Exceeds 10GW
The K2 Wind Power Facility located in Township of Ashfield-Colborne-Wawanosh (ACW) in southwestern Ontario is official generating wind energy. The 270 MW facility was commissioned recently during an event hosted by Samsung Renewable Energy, Capital Power Corporation and Pattern Energy Group Inc. Canada now has more than 10 GW of installed wind energy capacity making it in the 7th country …