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Velocys receives FONSI from USDA for planned Mississippi biorefinery; wood waste to drop-in fuels

Green Car Congress

Velocys plc announced that the US Department of Agriculture (USDA) has issued a Finding of No Significant Impact (FONSI) on the environmental assessment report for Velocys’ planned Bayou Fuels biorefinery in Natchez, Mississippi. Velocys technology is in use at ENVIA, the world’s first commercial smaller scale gas-to-liquids plant.

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Cellulosic fuels company KiOR reveals “substantial doubts” about its viability; funding needed by 1 April

Green Car Congress

Other than that commitment, however, Kior said it has no other near-term sources of financing. in two weeks—it will not have adequate liquidity to fund operations and meet obligations (including debt payment obligations), and would not expect other sources of financing to be available. —KiOR 10-K.

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KiOR halts cellulosic fuels production at Columbus in Q1 to optimize production; need for R&D to boost yield and cut costs

Green Car Congress

We have proven that our technology can produce drop-in hydrocarbons from biomass at commercial scale. To remain focused on managing cash burn to reduce the requirement for additional funding until the company can build its next commercial facility.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

Southern Company: Mississippi Power. Charging infrastructure financing: Unlocking Up $4.5 46 organizations have signed on to the principles so far. Among the actions announced are: Unlocking up to $4.5 Among the actions announced are: Unlocking up to $4.5 Southern Company: Georgia Power. Southern Company: Gulf Power. TECO Energy.

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