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Posts Tagged ‘alternative fuel’

8 May 2012

Solazyme increases Q1 net loss

US biofuels company Solazyme made a first quarter net GAAP loss of $16.8m, an increase on the same period last year, when the figure was $7.3m.

3 May 2012

OriginOil, Algasol partner to grow algae

US algae-to-biofuel company OriginOil has partnered with Algasol Renewables to develop an integrated algae growth and harvesting system.

2 May 2012

Shell, Iogen drop Canadian biomass plan

Oil giant Royal Dutch Shell and biotechnology company Iogen Energy have decided to scrap plans to build a biomass facility in Manitoba, Canada.

2 May 2012

China New Energy increases revenue, expands internationally

Bioenergy company China New Energy has recorded revenue of RMB179m for 2011, a 29 per cent increase compared to 2010 when the figure was RMB138.4m.

1 May 2012

US bioenergy company ZeaChem appoints new CFO

US biorefinery developer ZeaChem has appointed Peter Cheesbrough as CFO, bringing 30 years of experience in biotechnology, IT and mining to the company.

30 April 2012

China New Energy wins $32m deal with ethanol producer

biogas_silo_170SQ Alternative fuels company China New Energy has signed agreement of intent with China’s state-owned Jilin Ethanol Industrial Company, to upgrade a biofuel plant.

26 April 2012

US bio associations urge senate to support military biofuels

A group of US bioenergy organisations has written to leaders of the Senate Appropriations Committee urging them to authorise the Department of Energy to transfer funds to the Defense Production Act.

18 April 2012

Honeywell to launch aviation biofuel test programme

Airplane1_170SQ US technology giant Honeywell has launched a biofuel test flight programme in collaboration with the National Research Council of Canada and Agrisoma Biosciences.

28 March 2012

Bioenergy business Kedco doubles revenue, lowers loss

Ireland-based bioenergy company Kedco recorded revenue worth €11.7m in the second half of 2011, more than double the first half total of €5.4m.

21 March 2012

Colbalt wins biofuel order from US Navy

US alternative fuels developer Colbalt has been selected by the US Naval Air Warfare Center Weapons Division to supply biofuel for an aviation production run.

14 March 2012

Alternative fuel developer Primus Green Energy secures $12m investment

US alternative fuel developer Primus Green Energy has secured a $12m investment from IC Green Energy, the renewable energy arm of Israel Corp.

13 March 2012

Clean Energy Fuels increases net loss in 2011 to $47m

US alternative fuel developer Clean Energy Fuels made a net loss of $47.6m in 2011, a significant increase on a net loss of $2.5m made in the preceding year.

28 February 2012

Amyris sees rise in losses during 2011

biogas_170_1701 Nasdaq-listed biofuel producer Amyris made a net GAAP loss of $178.9m in 2011, an increase of more than $50m compared to 2010’s loss of $123.9m.

18 January 2012

Algae.Tec forms JV to build biofuel plant in China

Australian alternative fuel develop Algae.Tec has formed an equal equity joint venture with Chinese company Shanding Kerui Group, to build an algae biofuel facility in China.

18 January 2012

Alternative fuel company Joule raises $70m

lab_170SQ US renewable fuel company Joule has secured $70m through its third round of funding, bringing the total raised by the business to more than $110m.

16 January 2012

New opportunities for US waste-to-fuelp

Technologies converting waste into fuel are becoming increasingly valuable as companies throughout the world push towards greater efficiency.

16 January 2012

Solazyme appoints SVP of engineering

US biofuel manufacturer Solazyme has appointed Mark Warner as senior vice president of engineering, with responsibility for the design and construction of the company's renewable oil and bioproduct facilities globally.

3 January 2012

BASF invests $30m into US biofuel supplier Renmatix

German chemical giant BASF's bioenergy subsidiary has invested $30m into Renmatix, a US company that provides cellulosic sugars for the renewable fuels and chemicals markets.

17 December 2010

Quantum Fuel Systems cuts net loss on increased revenue

Renewable energy company Quantum Fuel Systems Technologies Worldwide has cut its net loss to a fractional fortieth of what it incurred a year ago, as its revenues rose 44 per cent.

2 July 2010

Alternative fuel specialist Westport Innovations pays €19m for vehicle developer OMVL

NASDAQ-listed alternative fuel and low-emissions transport technology specialist Westport Innovations has acquired all of the outstanding shares of Italian alternative fuel vehicle developer OMVL for €19m ($23.4m).

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