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16th March 2010
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.
16th March 2010
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.
16th March 2010
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.
15th March 2010
The Carbon Trust has invested £7m in the creation of a consortium of UK businesses led by Axion Energy to develop a commercially viable process to turn municipal and wood waste into transport biofuel.
12th March 2010
NASDAQ-listed renewable oil company Neste Oil’s operating profit in 2009 increased to €318m in 2009 from €183m in 2008, though the company’s revenue decreased to €7.63bn from €12.64bn, according to its recent annual report.
12th March 2010
US biofuel company LyondellBasell’s wholly owned subsidiary, Lyondell Chemical Company, said it plans to raise $3.25bn of first priority debt, including an offering of senior secured notes in a private placement and borrowings under a senior term loan facility.
12th March 2010
Israel-headquartered biofuel developer Evogene’s revenues for fiscal 2009 nearly tripled to $10m at the end of the year, compared to $3.4m for the same period in 2008.
11th March 2010
Sensata Technologies, a maker of sensor and controls technology for applications including alternative fuel vehicles and solar panels, has raised $568.8m from its initial public offering, with shares to be listed on the New York Stock Exchange tomorrow.
11th March 2010
Us biodiesel producer Imperium Renewables has restarted production at its Grays Harbor facility. The plant, which had paused production after a glycerin tank ruptured in December, is producing biodiesel from regionally-grown canola to meet demand from British Columbia and Oregon.
11th March 2010
US electricity provider NV Energy has signed a 20-year power purchase agreement with waste collector and recycler Waste Management for the sale of renewable energy produced from a landfill site located in Nevada.
5th March 2010
Listed US renewable energy company ESE Corp is to change its name to Renaissance BioEnergy.
5th March 2010
Industry group the Algal Biomass Organization (ABO) has urged Congress and Senate Finance Committee Chairman Max Baucus and Ranking Member Charles Grassley to adopt an amendment to ensure algae-based fuels receive the financial and regulatory benefits currently afforded to other advanced biofuel feedstocks. The adoption of this amendment will be a significant step in creating new jobs, increasing energy security and reducing greenhouse gas emissions, the group said.
1st March 2010
Sustainable plant oil company SG Biofuels, which specialises in the development of jatropha as a sustainable source of oil, has launched JMax 100, a proprietary cultivar of jatropha optimised for growing conditions in Guatemala.
1st March 2010
The Nigerian state of Ekiti has launched the construction of a third biofuel refinery, at Ipao-Ekiti in the Ikole local government area, according to reports.
26th February 2010
The consortium of European Biomass Associations (AEBIOM and EUBIA), European forest owner associations (EUSTAFOR, CEPF and NSF) and European Biogas Association (EBA) have praised the non-binding measures proposed in the European Commission’s report on sustainability criteria for solid and gaseous biomass for heat and electricity to ensure the sustainability of biomass.
26th February 2010
US oil and natural gas production company Imperial Petroleum has signed an agreement to acquire 100 per cent of the stock of e-biofuels, an Indiana, US-based biodiesel producer with a production capacity of 15 million gallons per year.
26th February 2010
A team of researchers at the University of Maryland, College Park and Bowie State University has received a $3.2m, four-year grant from the National Science Foundation’s Plant Genome Research Project to find ways to turn poplar trees into high-yield crops for biofuels including ethanol.
25th February 2010
NASDAQ-listed biofuel company Green Plains Renewable Energy has proposed a public offering of five million shares of its common stock and granted the underwriters an option to purchase up to an additional 750,000 shares of common stock to cover over-allotments.
25th February 2010
US bio-conversion-technology engineering company Green Energy Live has signed a letter of intent to acquire Vermont-based solar energy installer Peck Electric of Vermont.
24th February 2010
US biofuel company BlueFire Ethanol Fuels has submitted an application for a $250m loan guarantee for the company’s planned cellulosic ethanol biorefinery in Fulton, Mississippi, US.
24th February 2010
Canadian waste-to-biofuel developer Enerkem has raised CAN$53.8m ($51m) in a new round of funding from existing investors Rho Ventures, Braemar Energy Ventures and BDR Capital as well as from new investors, Waste Management and Cycle Capital.
23rd February 2010
Recently established biodiesel producer Alternativa (IOM) and US biofuel developer GreenShift jointly have entered into an exclusive supply and cooperation agreement to design and develop sustainable integrated feedstock and renewable energy production facilities in the Ukraine.
22nd February 2010
US renewable fuels provider New Generation Biofuels has reached an agreement with Ferdinando Petrucci and PTJ Bioenergy Holdings to replace the upcoming $1m cash payment for its technology license due in equal installments on 20 February and 20 March 2010 with 1.1 million shares of the company’s common stock and $120,000 in cash.
19th February 2010
US waste-to-biofuel technology company Enerkem has appointed Patrice Ouimet as its vice president and CFO.
18th February 2010
Global biofuel catalyst developer Novozymes has launched the first commercially viable enzymes for production of biofuel from agricultural waste.
17th February 2010
US venture capital firm Stratus Group said it will invest BRL10m ($5.4m) in the Brazilian arm of US biofuel producer Amyris Biotechnologies.
15th February 2010
Consultancy group Arcadis will team with British Airways for the development of a sustainable jet fuel plant to be developed by Solena Group.
15th February 2010
GS CleanTech, a wholly-owned subsidiary of clean technology company GreenShift, has begun legal action against Cardinal Ethanol for patent infringement of its corn oil extraction technology.
11th February 2010
US renewable fuel company Propel Fuels has raised $20m from investors, including an $8m investment from Craton Equity Partners. Other investors include US venture investors Nth Power and @Ventures.
11th February 2010
CleanTech Biofuels, an early-stage provider of technology to convert municipal solid waste into sustainable biomass for renewable energy, has appointed Jose Bared Sr to its board of directors.
11th February 2010
US biofuel company Allylix, which develops hydrocarbon products for the biofuel market, has raised $6m in the first closing of its Series C financing.
10th February 2010
Velocys, UK synthetic fuel developer Oxford Catalysts Group’s US-based subsidiary, has signed a joint demonstration and testing agreement with Brazilian national oil company Petróleo Brasileiro (Petrobras) alongside its existing partners Toyo Engineering Corporation and zero emission vehicle developer Modec. The parties have agreed to construct and operate an integrated gas-to-liquid demonstration plant based on the their technologies.
8th February 2010
World Growth, a pro-development NGO, has welcomed the leaked news that the EU Commission has chosen to endorse palm oil as a biofuel. Green groups WWF and Friends of the Earth contend that the palm oil process is damaging to the environment as it leads to deforestation.
5th February 2010
San Antonio, US-based bioethanol company Valero Renewable Fuels, a wholly owned subsidiary of NYSE-listed Valero Energy Corporation, has closed on its $72m purchase of the All Fuels - Jefferson, an ethanol plant from Renew Energy.
5th February 2010
US industry body Algal Biomass Organization (ABO) has praised President Obama for his support of the US biofuels industry.
4th February 2010
US President Barack Obama has introduced three policy measures that will work to boost biofuels production and reduce dependence on foreign oil. The Environmental Protection Agency (EPA) has finalised a rule to implement the long-term renewable fuels standard of 36 billion gallons by 2022, established by Congress and the US Department of Agriculture, and has also proposed a rule on the Biomass Crop Assistance Program (BCAP) that would provide financing to increase the conversion of biomass to bioenergy.
4th February 2010
Iowa, US-based bioethanol producer All Fuels & Energy’s subsidiary, All Fuels - Jefferson has agreed to Valero’s offer price of $100m for the purchase of Renew Energy from Valero Renewable Energy.
3rd February 2010
US biofuel company Algenol Biofuels said it has reached an agreement with the Lee County Board of Commissioners to support the opening of a new facility in Lee County in the first quarter of 2010 with a $10m grant.
1st February 2010
The Dayton Power and Light Company (DP&L), a subsidiary of the NYSE listed regional energy company DPL Inc, has commenced test burning of biofuel pellets that could create new markets for local farmers and other biofuel producers. In EPA approved tests, DP&L began burning the pellets mixed with coal.
29th January 2010
US biofuel and energy efficiency company Honeywell’s sales were up 13 per cent compared with the fourth quarter of 2008, which it attributes to higher volumes of turbochargers globally and the favourable impact of foreign exchange.
29th January 2010
NASDAQ-listed renewable energy technology developer Westport Innovations has appointed Bill Larkin as its CFO, former CFO of Fuel Systems Solutions.
27th January 2010
The US state of Iowa’s Department of Economic Development has approved an agreement for the final $5.25m in financial assistance to US biofuel developer Poet to develop a commercial-scale cellulosic ethanol plant that will produce ethanol from corn cobs.
27th January 2010
US biotechnology company Joule has appointed Dr Troy Campione as senior vice president of corporate development.
26th January 2010
Global bio-innovation company Novozymes and Maryland-based Fiberight have partnered to provide demonstration fuel made from government office wastepaper and waste cardboard that was tested in Washington DC.
26th January 2010
The United States Department of Agriculture (USDA) and the Department of the Navy are to develop advanced biofuels and other renewable energy systems.
25th January 2010
Massachusetts, US-based renewable energy company Bodega Algae and Maine-centred Bigelow Laboratory for Ocean Sciences have received a $150,000 six-month Small Business Innovation Research (SBIR) grant from the National Science Foundation to develop and test a prototype for growing high concentrations of algae for use as biofuel.
25th January 2010
Renewable fuel company ClearFuels Technology and NYSE listed clean energy business Rentech have been awarded a $22.6m grant from the US Department of Energy (DOE) to fund their joint production of a biomass gasifier in Denver, US.
25th January 2010
The US trade association for the algae industry, the Algal Biomass Organisation (ABO) has challenged the conclusions of a report published in Environmental Science and Technology that claims conventional crops have lower environmental impacts than algae in energy use, greenhouse gas emissions and water.
25th January 2010
European biofuel company Abengoa Bioenergy and US electric cooperative coalition Mid-Kansas Electric Company have announced plans to develop of the first commercial-scale hybrid cellulosic ethanol and power plant in the US, Abengoa Bioenergy Hybrid of Kansas (ABHK).
22nd January 2010
Austrian biomass plant developer and operator Cycleenergy Beteiligungs has doubled its capacity after securing €10m of equity funds in the third quarter of 2009 with Portuguese Infrastructure Funds NEF.
James Hall-Smith of HSBC discusses the drivers behind the growth of the European renewable energy scene and the opportunities this affords to infrastructure investors and project financiers alike.
‘I think there is an increased interest from a corporate governance and sustainability perspective. This makes many institutions focus on this area. There is also a recognition of the drivers behind environmental infrastructure, from the fundamentals of creating the best opportunity to tackling climate change, whilst also looking to gain energy security and satisfy the social and political drivers.'--- 1 Comment
