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9 August 2010

China to launch $739bn new energy investment plan

China is to publish an investment plan that will see new energy sectors receive RMB5tr ($739bn) of funding by 2020, according to reports.

5 August 2010

Colorado Center for Biorefining and Biofuels awarded grant for biomass conversion research

The Colorado Center for Biorefining and Biofuels, a joint venture formed by a consortium of universities and the US Department of Energy’s National Renewable Energy Laboratory, has been granted $336,534 from the National Science Foundation to further research into biomass conversion.

4 August 2010

Archer Daniels Midland’s biofuel profits take off following South America focus

Biofuel business ADM saw its profits increase throughout all its segments year-over-year after it formed a strategy to enhance crop-sourcing and processing capacity in South America’s key growing regions.

3 August 2010

Biomass engine innovator Cyclone Power Technologies enters prototype phase with China licence

Cyclone Power Technologies has secured intellectual property (IP) controls for its biomass-to-power technology in China, allowing its licensee to develop a prototype of the generator system.

3 August 2010

Sustainable technology specialist Aero Farm Systems adds Ronald Hart to board

New York-headquartered sustainable technology provider Aero Farm Systems has appointed internationally recognised scientist and business expert in acceleration strategies Dr Ronald Hart to its board of directors.

3 August 2010

Drax delays biomass projects due to regulatory uncertainty

The lack of regulatory certainty regarding the UK government’s support for biomass has meant domestic power major Drax has delayed its first dedicated biomass projects, it said.

2 August 2010

Akeida Capital finances first Texas biomass project with $14.1m

US environmental asset management firm Akeida Capital Management, which is focused on investing in renewable energy infrastructure, has closed financing of the first waste-wood biomass plant in Lufkin, Texas.

2 August 2010

US programme to reduce biomass prices suspended

A US programme that was implemented to bring down the cost of biomass to push more raw material on to the market has been suspended, despite it being effective in the major two US markets, according to a new study.

2 August 2010

Algae biofuel market forecast to hit $1.6bn in 2015

Environmental concerns and high crude oil prices drove involvement in the algae biofuels industry by individual companies up 550 per cent between 2005 and 2007, with the industry predicted to hit $1.6bn by 2015, according to a new study.

2 August 2010

Oil supplier Caltex Australia introduces bioethanol for Holden series

The Australian arm of global oil and transport fuel supplier Caltex is due to release an ethanol-based fuel for use in automaker Holden’s VE Series II Commodore flexible fuel vehicles this September, as part of a partnership between the two companies.

30 July 2010

Clean fuel developer ITM Power’s directors acquire shares

A number of directors and officers of Aim-listed energy storage and clean fuel developer ITM Power have purchased shares in the company at a price of £0.31 per share.

30 July 2010

Brazilian pulp company Suzano creates $1.3bn biomass unit

Brazilian pulp and paper company Suzano Papel e Celulose has committed to invest $1.3bn in the formation of a biomass unit that will market wood pellets in Europe, according to reports.

30 July 2010

Transport industry could utilise waste-to-energy, says expert

The transport industry will increase its uptake of waste-to-energy fuels as the need to reduce emission from the sector gets stronger, according to an industry expert.

29 July 2010

Isobutanol could be the new bioethanol, renewable chemical developer Gevo shows

Gevo, a privately-held renewable chemicals and advanced biofuels developer, has produced a precursor to jet fuel, paraffinic kerosene, from cellulosic biomass.

28 July 2010

Biofuel groups speak out against US energy bill

The US bioenergy sector has come out against the energy bill introduced by Senate Majority Leader Harry Reid, with industry major POET describing it as a ‘missed opportunity’ to lessen the country’s dependence on foreign oil.

27 July 2010

Bioenergy gaining traction in Africa and Europe, studies show

Bioenergy is gaining traction around the world with new studies showing that it can be produced on a significant scale without affecting food production in Africa and that Sweden now generating a third of all its power from biomass.

27 July 2010

Algae biofuel technology developer OriginOil secures first revenue

OriginOil has reached a revenue milestone with the payment triggered by the shipment of its Quantum Fracturing technology to Australian company MBD Energy.

27 July 2010

Waste-to-energy company Monsal secures £14m from FourWinds’ Water Resources Fund

Waste-to-energy company Monsal has secured £14m in expansion capital from asset manager FourWinds Capital Management’s Water Resources Fund.

26 July 2010

Chinese biofuel producer Zuhai increases production

Chinese biofuel producer Zhuhai Oil New Energy Science and Technology has recently increased plant production to 60 metric tons per hour, according to Pink Sheet-listed biotechnology company Biomagnetics, which agreed to acquire it last week.

26 July 2010

Boeing launches ecoDemonstrator programme to accelerate fuel-efficient jet technology development

Boeing has unveiled its ecoDemonstrator programme for accelerating environmental technologies, which will focus on the areas of fuel efficiency, noise reduction and operational efficiency, speeding up time-to-market for next generation systems.

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