article thumbnail

Cool Planet breaks ground on its first biomass-to-renewable gasoline plant

Green Car Congress

Cool Planet Energy Systems, a technology company producing green fuels and biochar products, broke ground on the company’s first commercial facility in Alexandria, Louisiana, dubbed Project Genesis. The facility will be located at the Port of Alexandria, on the Red River Waterway in Central Louisiana. Earlier post.).

Gasoline 231
article thumbnail

Cool Planet successfuly completes road test of cellulosic bio-gasoline blend

Green Car Congress

Officials there ran a 5% blend of Cool Planet’s renewable, low-carbon gasoline for six weeks during their normal operations. This follows tests that Google conducted in 2012 showing the performance and clean air attributes of the fuel. The demonstration received special approval from the California Air Resources Board (CARB).

Gasoline 225
article thumbnail

Renewable fuels and biochar company Cool Planet closes on $100M Series D financing

Green Car Congress

The company’s process also produces a biochar-based product called CoolTerra that has the capability of making the fuel “carbon negative,” reversing the consequences of CO 2 build-up from fossil fuels, the company says. This excess carbon is highly porous and has beneficial water and nutrient retaining capabilities.

Financing 225
article thumbnail

UPS announces renewable diesel agreements with Neste, REG and Solazyme; up to 46M gallons over next 3 years

Green Car Congress

REG, headquartered in Ames, Iowa, produces renewable hydrocarbon diesel fuel from waste vegetable oils and animal fats at its Geismar, Louisiana, bio-refinery as well as biodiesel at nine bio refining locations in the US. UPS has been using renewable fuels for more than a year in trucks operating in Texas and Louisiana. trillion.

Renewable 150
article thumbnail

USDA provides $91M loan guarantee to Cool Planet for biogasoline blendstock plant; biomass pyrolysis and catalytic conversion

Green Car Congress

USDA has reached an agreement with Silicon Valley Bank to provide a $91-million Biorefinery Assistance Program loan guarantee to Cool Planet to help the company finish construction on an advanced biofuel plant at the Port of Alexandria in Louisiana. Earlier post.). Cool Planet will be contributing $50 million in equity to the project.

article thumbnail

LA-based SMLC to lead new DOE Smart Manufacturing Innovation Institute; ~$800M for 5 new hub competitions

Green Car Congress

For example, the Smart Manufacturing Innovation Institute will partner with IACMI to demonstrate the value of using advanced sensors in the production of carbon fiber and with PowerAmerica to showcase the energy savings of using advanced sensors in the production of new wide bandgap semiconductor circuit boards. Missouri U. Purdue U.

article thumbnail

EAA National Board nominations from across North America

Electric Auto Association

Most recently, he implemented strategies that secured approximately $30 million in funding for local government entities and non-profits in California, Texas, New Mexico, Louisiana, and the District of Columbia. Her organization, like EAA, is extremely passionate about helping people reduce their carbon footprint and live sustainable lives.