Posts Tagged ‘biofuel’

13 March 2009

US Department of Energy awards Michigan State University with $1.4m for biofuel research

Michigan State University Upper Peninsular Tree Improvement Center has received $1.4m for a new biofuel research programme from the US Department of Energy.

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12 March 2009

GreenHunter Biofuels highlights distillation capacities ahead of Cold Soak Filtration Test certificate

GreenHunter Biofuels, a US producer of biodiesel, has articulated its distillation capacity at its Renewable Fuels Campus in Texas, US. This comes ahead of ‘Cold Soak Filtration Test' specification due to become effective April 1 2009.

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11 March 2009

NewNet Investor Profile: Rick Fratus, Macquariep

Rick Fratus discuss investments into clean energy funds, the rise of Latin America and the implications of wider financial unrest on the clean energy space. ‘Obviously I am not happy about the state of global markets as a whole, but if you look at it there is probably some good medicine for clean technology companies, reinforcing emphasis on capital efficiency and discipline.'

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11 March 2009

Shell and cleantech company Codexis deepen collaboration to speed arrival of next generation biofuel

Oil and gas giant Royal Dutch Shell and clean technology company Codexis, Inc. have announced an expanded agreement to develop enzymes to accelerate commercialisation of next generation biofuels. Shell also increased its equity stake in Codexis and will take an additional seat on the company's board.

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10 March 2009

Growth Energy calls for US Environmental Protection Agency to raise gasoline blended ethanol to 15 per cent

Growth Energy, a US group committed to clean energy, has urged the US Environmental Protection Agency to raise the limit on ethanol blended into gasoline from ten per cent up to 15 per cent.

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10 March 2009

BlueFire Ethanol Fuels teams up with Applied Power Concepts to develop biofuel technology

BlueFire Ethanol Fuels, an ethanol transportation fuel company, has struck a technology development services agreement with Dr William Farone and his company Applied Power Concepts.

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10 March 2009

Biofuels company KL Energy closes $4m financing round

Biofuels development company KL Energy Corp. has received $4m of additional capital. The funding round was led by previous investors Niton Capital and The Green Fund, who together originally invested $6.1m in October 2008, and also Warcoing Sucre and Pierre de Boeck.

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9 March 2009

Canadian Government announces funding for biofuel company Performance Plants

Biofuel biotechnology company Performance Plants Inc. is to receive up to CAN$5.565m in funding from the Government-funded Sustainable Development Technology Canada (SDTC). The funds will be used to advance its trait technologies that improve conversion of cellulose into biofuels and biochemicals, the company said.

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9 March 2009

Israeli biodiesel company Galten eyeing up $10m IPO

Israeli biodiesel company Galten is eyeing up a potential $10m IPO on the Tel Aviv Stock Exchange, according to reports.

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6 March 2009

US renewable energy technology company Kreido Biofuels sells assets to bioenergy company Four Rivers BioEnergy

US renewable energy technology company Kreido Biofuels, Inc. has completed the sale of its assets to bioenergy company Four Rivers BioEnergy Inc. Four Rivers has acquired Kreido’s STT spinning tube-in-tube reactors and STT technology, as well as its modular biodiesel production plant equipment and related assets for approximately $2.8m in cash, 1,200,000 shares of Four[...]

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5 March 2009

European private equity firm Waterland joins Econcern in renewable fuel company BioMCN with €36m investment

European private equity firm Waterland has agreed with sustainable energy company Econcern to invest €36m in renewable fuel company BioMCN in Delfzijl, the Netherlands. The investment is the firm's second in the clean energy sector in the past week.

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5 March 2009

US algae-based biofuel company Aurora Biofuels announces management changes

US algae-based biofuel company Aurora Biofuels, Inc. has unveiled a new management structure and has announced an addition to their scientific advisory board, with Dr Mario Tredici, a professor of microbiology at the University of Florence joining a four-member advisory team.The company has also named fuel industry veteran Robert Walsh its new CEO.

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5 March 2009

Brazilian oil giant Petrobras to invest $2.8bn in biofuels

Brazilian oil company Petrobras is to invest $2.4bn in biodiesel and ethanol production for the 2009-2013 period, 91 per cent of which to be made in Brazil. This amount is part of the total of $2.8bn Petrobras earmarked for the biofuels business, which also foresees expenditures of $400m in infrastructure, such as ethanol pipelines. The total resources represent an 87 per cent increase compared to the previous business plan, the company said.

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4 March 2009

UK technology company Holin Energy seeks £20m in funding for biofuel project

Holin Energy, a technology company, is seeking to raise £20m, required to purchase land and to build a full biofuel production facility.

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2 March 2009

NewNet Investor Profile, Andrea Davi, Amplio Partnersp

Andrea Davi discusses opportunities in the water sector, his preference for building businesses from the ground up, and what he looks for in a clean energy company. 'We look for the best technical performers in the space and we like to pick a strong team that has an in-depth knowledge and can work against the clock'

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27 February 2009

US renewable fuel company Propel Fuels appoints venture capitalist Matt Horton as CEO

US rRenewable fuel company Propel Fuels has appointed Matt Horton as CEO. Horton has nearly ten years experience investing in and leading early stage clean technology companies through his work with venture funds @Ventures and Garage Technology Ventures.

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26 February 2009

New report shows advanced biofuels industry can create jobs and economic growthp

Continuing to build advanced biofuels production capacity can create thousands of new jobs throughout the economy, contributing to US economic growth and increasing energy security, according to Bio Economic Research Associates.

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26 February 2009

Earth Biofuels changes its name to Evolution Energy

Earth Biofuels is set to change its name to Evolution Energy as part of its drive to develop, produce and distribute new forms of renewable energy.

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25 February 2009

Bionavitas launches new algae technology in the US

Bionavitas has launched its Light Immersion Technology designed to increase algae yields and reducing the cost to make algae-based biofuels competitive with petroleum products.

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25 February 2009

Mascoma Corporation starts producing ethanol from New York facility

Mascoma Corporation, a developer of cellulosic ethanol, is now producing ethanol from non-food cellulosic biomass at its New York facility.

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