article thumbnail

US DOE awards KiOR loan guarantee supporting a more than $1B biofuels project; drop-in fuels from wood biomass

Green Car Congress

This project is designed to complement an earlier Mississippi agreement, which requires KiOR to build three plants in Mississippi before 2015. The first plant under that agreement (and the company’s first commercial unit overall) will be located in Columbus, MS and funded by the proceeds of a $75-million loan from the State of Mississippi.

article thumbnail

USDA announces availability of $181M to support development of advanced biofuels projects

Green Car Congress

Sapphire Energy’s “Green Crude Farm” in Columbus, N.M., The company expects to produce 100 barrels of refined algal oil per day by 2015, and to be at commercial-scale production by 2018. Other fuel derived from cellulosic biomass. is an example of the use of this program. In 2011, USDA provided Sapphire Energy a $54.5-million

Available 231
article thumbnail

Sapphire Energy and Phillips 66 parter on co-processing of algae crude oil with conventional crude

Green Car Congress

Sapphire Energy is now producing crude oil daily from algae biomass cultivated and harvested at the company’s Green Crude Farm, located in Columbus, New Mexico. The company expects to be at commercial demonstration scale in 2015, commercial scale in 2018, and is eventually projected to produce 1 billion gallons per year by 2025.

Oil 199