IRENA & ADFD Fund 5 Renewable Energy Projects

Joanna Schroeder

Five renewable projects in developing countries have been awarded USD 57 million in concessional loans by the International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD). The projects have a combined total capacity of 35 megawatts and will bring power to more than 200,000 people in rural communities. The loans will go to projects located in Argentina, Cuba, Iran, Mauritania and St. Vincent and the Grenadines.

IRENA Renewable Energy cycle 2 fundingRenewable energy offers the prospect of clean, affordable power to the 1.3 billion people currently off the electricity grid,” said IRENA Director-General Adnan Z. Amin at a press conference during IRENA’s fifth Assembly. “While renewable energy resources are abundant in many communities suffering from energy poverty, finance is still a key challenge for deployment. That is why the partnership between IRENA and ADFD is so important as a pioneering effort.”

According to IRENA, this is the second loan cycle of seven, which together will commit USD 350 million over seven years to the deployment of renewable energy in developing countries, with a total project value of an estimated USD 800 million. Projects approved for funding in the second loan cycle include solar, hydro, hybrid (wind and solar) and geothermal energy. The organization said the projects selected represent a mix of renewable energy sources, are innovative, potentially replicable or scalable, and will improve energy access.

“As part of its mandate to work on projects with a profound impact on the economies of developing countries, ADFD has collaborated with IRENA to support the renewable energy sector as a tool for economic and social development,” said Mr. Adel Abdulla Al Hosani, director of pperations department in ADFD. “Towards this priority, we are keen to support the economic development and deployment of sustainable energy projects in countries with immense clean energy potential, but lacking necessary financial resources and project management expertise.”

The IRENA/ADFD Project Facility pioneers the support of renewable energy as a viable and sustainable focus for foreign development assistance that offers long-term social and economic benefits to developing countries.

Geothermal, Hydro, Renewable Energy, Solar, Wind

Caucuses, Higher Blends, Policy All Talk of IRFA Summit

John Davis

irfaThe Iowa Renewable Fuels Association (IRFA) is gearing up for its big annual meeting next week just outside of Des Moines. The group says the Iowa Renewable Fuels Summit in Altoona on January 27th is free and open to the public and will feature a variety of conversations, including how energy policy might impact the 2016 Iowa caucuses and general elections, as well as discussions on higher ethanol blends and the future of energy policy in this country.

“The Iowa caucuses kick off the 2016 election cycle and we’ve already seen potential candidates swarming to Iowa,” stated IRFA Executive Director Monte Shaw. “In addition, Iowa is one of only a handful of states that will be truly ‘in play’ during the general election. We saw energy policy play a major role in Iowa’s 2014 senate race. This panel will discuss how energy policy may impact the 2016 elections.”

A panel of fuel retailers and marketers who will talk about the benefits and opportunities of offering E15 includes panelists Lance Klatt of the Minnesota Service Station & Convenience Stores Association, Jason Stauffer of STAR Energy, and Todd Garner of Protec Fuel Management:

“Each of these well-qualified panelists has years of experience with higher ethanol blends, and can provide a unique perspective on the benefits of offering E15 to 2001 and newer vehicles,” stated IRFA Managing Director Lucy Norton. “Summit attendees will not only learn a great deal about consumer choice and cracking the oil monopoly, but they’ll also learn about the benefits of using E15 from this expert panel.”

U.S. energy policy experts at the summit will include James Massie of The Alpine Group, Aaron Whitesel of DuPont, and Catharine Ransom of the Glover Park Group to discuss the future of the federal Renewable Fuel Standard (RFS), the Farm Bill, tax policy as it relates to energy, and much more.

“The 2015 Summit will have a great group of well-qualified energy experts take center stage to shine a spotlight on the RFS and other policies impacting renewable fuels,” stated Shaw. “Each one of these experts brings years of federal policy experience to the table to evaluate how the latest political changes could impact the future of US energy policy.”

More information is available here.

Biodiesel, biofuels, E15, Ethanol, Ethanol News, Iowa RFA

GRFA: Sustainability Week Needs to Recognize Biofuels

John Davis

GRFA1As attendees gather in the Middle East gather for the 8th Annual World Future Energy Summit (WFES), one group is telling them to bring biofuels to the top of the sustainability, economic and climate change agenda. The Global Renewable Fuels Alliance (GRFA) says the 30,000 delegates from 170 different countries need to be talking about the green fuels during the flagship event of Abu Dhabi Sustainability Week.

“The economic, environmental, agricultural and social success story of biofuels is a natural fit for the World Futures Energy Summit’s series of panels and presentations and throughout the events as part of Abu Dhabi Sustainability Week,” stated Bliss Baker, spokesperson for the GRFA.

“We need attendees to demand the inclusion of biofuels in this conversation because they create much needed rural jobs, significantly curb green house gas emissions, reduce our reliance on crude oil, and encourage energy diversity – all stated priorities of the Summit” concluded Baker.

GRFA says global biofuels production contributed $277.3 billion and supported nearly 1.4 million jobs in all sectors of the global economy in 2010, with job numbers forecasted to top 2.2 million by 2020. In addition, the International Energy Agency says biofuels, such as ethanol, will have to play an increased role in reducing greenhouse gases, already removing 106 million tonnes of the emissions from the environment, the equivalent of taking 21 million cars off the road.

biofuels, International

Matt Blunt Delivers Message to NBB Attendees

Chuck Zimmerman

Matt BluntIt was good to see former Missouri Governor Matt Blunt on stage today at the National Biodiesel Conference. Matt accomplished great things for the industry during his time in office. He is now the President of the American Automotive Policy Council and lives in Virginia. By the way, he also has a small herd of beef cattle.

Matt took the stage today to deliver a powerful speech. Here are a few excerpts from it and you can listen to his full speech below.

American ingenuity and perseverance are expanding energy supplies across the board– and biodiesel is no exception. Americans would much rather have American farmers working to fuel our transportation industry than foreign leaders who do not share our values or our commitment to free government.

As both a former governor and a Naval officer I can tell you energy security remains among biofuels’ most important benefits.

Sending billions of dollars every year to nations that do not share the interests of the United States is clearly not an ideal public policy

Growing our own fuel is growing agriculture in Missouri and across the country. With soybean production in 2014 at a record level of nearly a billion bushels, soybeans are the second-most-planted field crop in the United States after corn.

And the United States is the leading soybean producer and exporter.

As new fuels enter the marketplace, whether biodiesel, renewable diesel or any other product, it is important that existing fuels remain readily available to fuel vehicles currently on the road, in order to protect consumers and their vehicle warranties.

It is essential that the auto industry and government stakeholders continue to work collaboratively to ensure the diversification of the U.S. transportation fuel supply occurs in a manner that is technologically and economically feasible, and in no way harms consumers.

You can listen to Matt’s speech here: Matt Blunt speech at biodiesel conference

2015 National Biodiesel Conference Photo Album

Ag group, Audio, Biodiesel, National Biodiesel Conference, NBB

NBB Chairman’s Report

Chuck Zimmerman

Steven LevySteven Levy, Chair for the National Biodiesel Board took the stage this morning to provide an inspiring message to members who have been facing some serious odds in the last couple years. But he told everyone about how important it is to keep trying in order to obtain success using a quote from Thomas Edison.

Across the biodiesel industry, we’re not just trying to accomplish something – we are delivering. Part of the impetus for our success is the strength of our combined expertise and collaboration.

Ultimately, Edison didn’t succeed alone. He pioneered the concept of a collaborative lab, drawing on the knowledge and talent of a diverse group of creative scientists and engineers.

Likewise, NBB taps the technical expertise and business acumen of our members – and merges that powerful talent base with the specialized skills and knowledge of our leaders, our staff, and our consulting experts.

Working together, we are far more effective, far more formidable, and far more unstoppable in our mission.

You can listen to Steven’s remarks here: NBB Chair Steven Levy Remarks

2015 National Biodiesel Conference Photo Album

Ag group, Audio, Biodiesel, National Biodiesel Conference, NBB, RFS

Legislative Discussion from NBB

Chuck Zimmerman

NBB Legislative UpdateSince we’ve had politics dominating the discussion since last night why not have a little bit more?

National Biodiesel Conference attendees got a very good legislative update this morning from Anne Steckel, NBB, Vice President of Federal Affairs. Her session included a question and answer session with Byron Dorgan, a senior policy advisor, author, professor, and former Senator from North Dakota and Kenny Hulshof, Vice Chair for Public Policy at Polsinelli, and is a former Congressman from Missouri.

Anne told us that like last year, the two big battles will be for a strong RFS rule and for reinstatement of a longer-term tax incentive. She then shared the NBB plan for how to work on accomplishing victory this year.

When it came time for Q&A one of the best quotes of the day came from Byron Dorgan. Anne asked him how it’s possible that we’re in 2015 and still don’t have numbers for 2014. His answer was “Because there’s no maximum level of embarrassment.” (in Washington, DC). I think you’ll enjoy the exchange with these two panel members.

You can listen to Anne’s remarks and the discussion with Dorgan and Hulshof here: NBB Legislative Forum

2015 National Biodiesel Conference Photo Album

Ag group, Audio, Biodiesel, National Biodiesel Conference, NBB, RFS

President Touts Domestic Energy in SOTU

Cindy Zimmerman

sotu15“We are as free from the grip of foreign oil as we’ve been in almost 30 years,” said President Barack Obama in the first few minutes of his 2015 State of the Union address Tuesday evening.

“We believed we could reduce our dependence on foreign oil and protect our planet,” said Obama. “And today, America is number one in oil and gas. America is number one in wind power. Every three weeks, we bring online as much solar power as we did in all of 2008. And thanks to lower gas prices and higher fuel standards, the typical family this year should save about $750 at the pump.”

President Obama also hit on climate change in his address, noting that “over the past six years, we’ve done more than ever to combat climate change, from the way we produce energy to the way we use it.”

Responding to the president’s address, Novozymes Americas President Adam Monroe said they are excited to see President Obama focusing on climate change and said that the United States “has an opportunity to lead the world in reducing atmospheric carbon by investing in science.”

“The United States also has a chance to be the world leader in alternative fuels,” said Monroe. “The Renewable Fuel Standard has been successful in moving our cars and trucks away from fossil fuels. If President Obama wants to reduce emissions today he should put this policy back on track and support cleaner, domestic biofuels.”

biofuels, Government, Novozymes, RFS, Solar, Wind

Novozymes Sees Positive Outlook for 2015

Joanna Schroeder

Novozymes 2014 annual reportNovozymes saw solid growth in 2014 and increased sales by 7 percent as compared to 2013. The company also reports that the outlook for 2015 is good. Following a strategic business review, the company has released a new purpose statement, strategy and updated long-term targets. Through 2020, Novozymes targets annual organic sales growth of 8-10 percent on average. Novozymes is best known in the biofuels and biomaterials (biochemicals) markets for its enzymes.

”2014 was a good year for Novozymes with 7% organic sales growth and a record EBIT margin”, said Novozymes CEO Peder Holk Nielsen. “Bioenergy was the strongest growth driver, making up for slower growth in Food & Beverages and Household Care. Our growth platforms showed good progress, and in particular I’m excited about how well The BioAg Alliance has gotten off the ground.

“Novozymes is in a strong position today. Our technologies and solutions are in high demand. Going forward, we believe partnering will become more important for bringing innovation to customers,” continued Holk. “This is the outset for our new purpose and strategy – Partnering for impact. In extension of this, we’ve updated our long-term targets. Long-term organic sales growth is expected to be slightly lower than the previous target, whereas we increase the long-term targets for EBIT margin and return on invested capital. In the midst of a slow recovery and volatile markets, we expect 2015 to be another good year for Novozymes.”

advanced biofuels, enzymes, Novozymes

Solar Jobs Increase Again in 2014

Joanna Schroeder

Outpacing the growth of the U.S. economy as a whole by 20 percent, the solar industry added another 31,000 jobs in 2014. The Solar Foundation (TSF) released the Solar Census Report late last week and found that total employment in the solar sector is 173,807 workers. Key findings included:

  • Over the next 12 months, employers surveyed expect to see total employment in the solar industry increase by 20.9% to 210,060 solar workers.
  • One out of every 78 new jobs created in the U.S. since Census 2013 was created by the solar industry – representing 1.3% of all new jobs.
  • Of the 173,807 solar workers in the United States, approximately 157,500 are 100% dedicated to solar activities.
  • Wages paid to solar workers remain competitive with similar industries and provide many living-wage opportunities.
  • The installation sector remains the single largest source of domestic employment growth, more than doubling in size since 2010.
  • Solar workers are increasingly diverse. Demographic groups such as Latino/Hispanic, Asian/Pacific Islander, and African American, along with women and veterans of the U.S. Armed Forces now represent a larger percentage of the solar workforce than was observed in Census 2013.

Solar energy is becoming an increasingly important part of America’s future – and this Infographic-National-Solar-Jobs-Census-2014-194x300new report offers additional proof of that,” said Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA). “Not only is solar helping to power more and more homes, businesses, schools and government buildings, but it’s also helping to power the U.S. economy in a very significant way – and, frankly, we’re just scratching the surface of our enormous potential.

Resch noted that the growth is due, in part, to smart and effective public policies, such as the Solar Investment Tax Credit (ITC), Net Energy Metering (NEM) and Renewable Portfolio Standards (RPS). He added that the policies are paying huge dividends for the economy and the environment.

“Today, the U.S. has an estimated 20.2 gigawatts (GW) of installed solar capacity, enough to effectively power nearly 4 million homes in the United States – or every single home in a state the size of Massachusetts or New Jersey – with another 20 GW in the pipeline for 2015 and 2016,” continued Resch. “This is going to help to create even more new jobs. What’s more, solar helped to offset an estimated 20 million metric tons of harmful CO2 emissions in 2014—the equivalent of taking 4 million cars off U.S. highways or saving 2.1 billion gallons of gasoline. We applaud The Solar Foundation for its hard work in putting together this comprehensive report, which helps to highlight the growing importance of solar energy to America and our future.”

Electricity, Renewable Energy, Solar

BioEnergy Bytes

Joanna Schroeder

  • http://energy.agwired.com/category/bioenergy-bytes/Ecotech Institute has announced that Patrick Longstreth has been named the school’s new academic dean. Longstreth is responsible for implementing the vision and strategic direction of Ecotech Institute; ensuring student, graduate and employer satisfaction; and making sure all staff at Ecotech Institute meet the high expectations of the school’s students and Ecotech Institute’s parent company, Education Corporation of America. Longstreth has been with Ecotech Institute since October 2012, serving as the school’s program director for both the Electrical Engineering Technology Program and Power Utility Technician Program.
  • REsource is a new online knowledge platform launched this week by the International Renewable Energy Agency (IRENA),. The source enables users to easily find country-specific data, create customized charts and graphs, and compare countries on metrics like renewable energy use and deployment. It also provides information on renewable energy market statistics, potentials, policies, finance, costs, benefits, innovations, education and other topics.
  • Abengoa has announced the appointment of Co-CFO responsible for Investor Relations & Capital Markets, effective February 1st, 2015. Ignacio Garcia Alvear, current CFO of Abengoa Bioenergy, will replace Barbara Zubiria, who has decided to take on a new professional opportunity as CFO of a company in an unrelated sector. Mr. Garcia Alvear joined Abengoa in 1995 and has been in his current position since January 2004.
  • Parker Ranch has announced that Parker Ranch Foundation Trust (PRFT) has entered into an agreement with an affiliate of NextEra Energy Resources, LLC. This agreement provides NextEra Energy Resources with long-term access rights to PRFT lands to develop renewable energy derived from PRFT’s wind resources.
Bioenergy Bytes