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Aemetis selects Worley to provide engineering for renewable jet and diesel production plant; Axens technology

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The Carbon Zero project team includes Koch Project Solutions as the EPC, Worley for engineering and technical solutions, Axens for process engineering and technology license, and ATSI serving as owner’s representative, working with our in-house Aemetis technology, development, finance, regulatory, and Global Sales and Trading team members.

Renewable 186
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Algenol closes on additional $25M internal equity financing

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Founded in 2006, Algenol converts CO 2 from industrial emitters into transportation fuels through its Direct-To-Ethanol process. It is then isolated and purified, while the algal biomass is processed to extract and produce a bio-oil co-product. This new investment follows a previous investment of $40 million from BioFields in 2014.

Financing 150
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Congressionally-created Commission Recommends Mileage Tax Instead of Fuel Tax for Transportation Infrastructure Financing

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a federal mileage fee—as a way to reform financing of the US transportation infrastructure. The recommendation is part of the final report issued by the National Surface Transportation Infrastructure Financing Commission, “ Paying Our Way: A New Framework for Transportation Finance ”. The nation faces a crisis. Paying our Way”.

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Daimler takes 12% stake in Chinese parter BAIC Motor; first non-Chinese automotive company to acquire an interest in a Chinese OEM

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Furthermore, BAIC will increase its stake in the production joint venture Beijing Benz Automotive Corporation (BBAC) by 1% to 51%. BMBS); Mercedes-Benz Auto Finance Ltd. Local production of Mercedes-Benz cars began with the predecessor series of the E-Class in the BBAC joint venture in 2006; the C-Class series followed in 2008.

Chinese 259
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Daimler to take 12% stake in BAIC Motor

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The two companies also agreed that BAIC will increase its stake in the production joint venture Beijing Benz Automotive Company (BBAC) by 1% to 51% and will thus be able to consolidate this joint venture within BAIC ahead of its IPO. The agreement includes that Daimler will receive two seats on the Board of Directors of BAIC Motor.

Motor 247
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Exxon/Mobil To Fund Solar Financing Bond For Torrance Homeowners

Creative Greenius

In a deal brokered by the city’s newly commissioned Citizens Environmental Task Force, Exxon/Mobil, owners of the Exxon/Mobil Refinery in the City of Torrance agreed today to fund a bond that will make low cost financing of solar energy systems for home and apartment owners. It’s a pretty good idea isn’t it?

Financing 150
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Bombardier Recreational Products and Government of Canada funding C$11.3M project to develop plug-in hybrid Can-Am Spyder roadster with target of 50% reduction in fuel consumption

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million) in financial support to develop a plug-in hybrid version of BRP’s (Bombardier Recreational Products) Can-Am Spyder roadster. Launched in 2007, the Can-Am Spyder roadster features a distinctive Y-architecture and is he only mass-production, on-road vehicle that is entirely designed and manufactured in Canada.

Canada 240