bioenergy

26 March 2010

Columbian integrated biofuel company Ecopetrol elects government to its board

Colombia's integrated biofuel, oil and gas company, Ecopetrol, has elected a number of representatives from the government of Columbia to its board and distributed an annual per share dividend payment of COP91 ($0.05).

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26 March 2010

New Generation Biofuels’ increased revenues and decreased losses mirror escalating biofuel production and sales

NASDAQ-listed renewable fuels provider New Generation Biofuels Holdings, based in Maryland, US, has reported increased revenues with decreased losses and expenses year-on-year for the final quarter of fiscal 2009, paralleling an increase in biofuel production and sales.

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25 March 2010

Angola passes biofuel law to regulate international involvement

The government of Angola has passed a law regulating the involvement of international companies in its domestic biofuel industry, according to a report in The Times.

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24 March 2010

BC Bioenergy Network invests $1.5m in International Composting Corporation waste-to-biofuel project

BC Bioenergy Network (BCBN), a provincially-funded industry network supporting the bioenergy sector in British Columbia, Canada has invested $1.5m in conditional financing to International Composting Corporation for a $7.7m project to convert municipal source separated organic waste into vehicle and aviation biofuels.

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24 March 2010

AMG affiliate Timminco offers shares as repayment to solar company Q-Cells

Euronext-listed AMG Advanced Metallurgical Group's 42.5 per cent owned affiliate, Timminco, has agreed with Q-Cells, a solar grade silicon customer of Timminco's wholly-owned subsidiary Becancour Silicon, to issue approximately 15.9 million of its common shares.

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24 March 2010

Malaysia to implement mandatory biofuel sale in 2011

As of June 2011, the government of Malaysia will implement the mandatory use of biofuel for vehicles in the country's central areas, according to reports.

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24 March 2010

Shell and biofuels enterprise Virent Energy Systems begin production at world’s first sugar-to-gasoline plant

Production of the world's first demonstration plant converting plant sugars into gasoline, rather than the traditional conversion to ethanol, has been started by energy giant Royal Dutch Shell and advanced biofuels technology enterprise Virent Energy System

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24 March 2010

OriginOil forms working group to convert algae into jet fuel

US-based OriginOil, which has been developing technology to transform algae into renewable oil, has announced the formation of an industry working group to develop jet fuel from algae using waste streams.

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23 March 2010

KLM hopes to offer commercial biofuel flights from 2011

Following on from the operation of its first ever passenger flight powered by sustainable biokerosene in November 2009, Dutch airline KLM, part of Franco-Dutch Air France-KLM, has said it hopes to offer commercial biofuel flights from 2011, according to a report.

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19 March 2010

Sustainable plant oil company SG Biofuels launches cultivar of Jatropha

Sustainable plant oil company SG Biofuels has launched a proprietary cultivar of Jatropha, which it said produces yields 100 per cent greater than existing varieties.

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19 March 2010

Endesa, Enel reach deal to combine renewable assets

European energy companies Endesa and Enel have agreed to pool their renewables businesses in Spain and Portugal under a single entity.

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18 March 2010

GreenHunter Energy gets approval for $20m bond financing to renovate Californian biomass plant

US Renewable energy company GreenHunter Energy has received approval for $20m bond financing from Imperial County, California, for its 18.5MW biomass facility.

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17 March 2010

Biomass plan operator Dragon Power seeks further equity having secured $4bn deal with China Construction Bank

International biomass operator Dragon Power told NewNet it is actively seeking further international equity investment as it closes a $4.1bn debt agreement with the China Construction Bank.

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17 March 2010

Aurora Biofuels secures additional $15m in funding

Aurora Biofuels has secured an additional $15m in a recent funding round led by Oak Investment Partners, with the continued support of Gabriel Venture Partners and Noventi Ventures, bringing the total amount of money raised by the company to more than $40m.

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16 March 2010

BioNova’s on-site waste-to-biofuel BioDigester lowers Moto’s UK landfill

UK motorway service area company Moto has significantly reduced food waste sent to landfill at its Exeter location, thanks to the installation of BioNova's Accelerated Aerobic BioDigester.

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16 March 2010

Biofuel technology developer Global Resource restructures board of directors

Pink Sheets-listed energy efficiency and biofuel technology developer Global Resource, which develops patented microwave-based technologies for recycling tyres and converting hydrocarbon materials into fuels, has restructured its board of directors.

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16 March 2010

EcoPlus and South Carolina county complete agreement for restaurant waste-to-biofuel facility

Pink Sheets-listed restaurant waste-to-biofuel developer EcoPlus and Berkeley County, South Carolina, US have entered into an agreement for the development of a brown grease processing facility to be situated in the county, which will convert brown grease restaurant waste into a solid fuel product.

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16 March 2010

FourWinds Capital Management to launch Middle East waste and water fund

Natural resource investor FourWinds Capital Management (FWCM) said it plans to launch a fund targeting opportunities in the Middle East and Africa (MEA) water and waste-to-energy sectors, its CEO Kimberly Tara told NewNet.

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16 March 2010

Power utility E.ON and landfill gas specialist Bionersis invest €6.6m in Vietnamese CDM project

Power utility E.ON Climate & Renewables (EC&R) will invest €6.6m to reduce greenhouse gas emissions from a landfill site near Hanoi, Vietnam, with landfill gas specialist Bionersis, which is already discussing further opportunities in the country, Bionersis CEO Nicolas Heuzé told NewNet.

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16 March 2010

Biomass energy company Dragon Power receives $4bn from China Construction Bank

A subsidiary of biomass power plant operator Dragon Power, National BioEnergy, will receive up to RMB28bn ($4.1bn) in funding from the China Construction Bank for it to construct facilities across China over the next five years.

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