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USDA to award $11M loan guarantee to Oregon biorefinery

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with an $11-million loan guarantee through the Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program. Novus is working with an Oregon lender, Old West Federal Credit Union, to finance the project. million cubic feet of renewable natural gas, 350 gallons of liquid fertilizer, and 11.2

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USDA closes on $105M loan guarantee to Fulcrum for biorefinery converting municipal waste to renewable jet fuel; first USDA loan for biojet

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USDA is negotiating three additional loans for biorefineries in Iowa, North Carolina and Oregon. These loans would provide financing to produce renewable fuels from woody biomass, municipal solid waste and energy grasses such as switch grass, miscanthus and arundo donax. Aviation Bio-hydrocarbons Fuels Gas-to-Liquids (GTL)'

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Global geothermal industry passes 12,000 MW operational

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New geothermal power came on line in Kenya, New Zealand, Nicaragua, Turkey, and Mexico, as well as Oregon, Nevada and Utah in the United States. GEA member commitments to financing and development stages included MidAmerican’s $1 billion pledge to extend the life of its Salton Sea, California geothermal fields.

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Oregon Governor Signs Climate Change Bills, Including Low Carbon Fuel Standard and B2

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Oregon Governor Ted Kulongoski signed into law a series of bills constituting a climate change package that includes a low carbon fuel standard (LCFS), a B2 mandate, and other transportation-related measures. The series of bills the Governor signed into law today include: House Bill 2186. House Bill 3463. House Bill 3039.

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

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The Cool Planet plant will produce approximately 8 million to 10 million gallons of high-octane, renewable gasoline blendstocks (reformate), as well the biochar, all made from sustainable wood residues. The output from each catalytic array when cooled is comprised of volatile gases, renewable fuel and water. Earlier post.).

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DOE to award $118M to 17 projects to accelerate domestic biofuel production

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Financing for novel biorefinery process systems can be a barrier to commercializing advanced biofuels, and this funding will reduce technological uncertainties and enable industry deployment. Captis Aire LLC, “Renewable Blending Components to Enable 100% Sustainable Aviation Fuel (SAF)”, $2,000,000. Comstock Inc.,

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US Geothermal Power Could Top 10 Gigawatts, New Industry Report Says

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According to the GEA this was due to 4 new geothermal power projects moving to completion, but also reflects difficulty obtaining final permits and difficulty obtaining financing. Financing is expensive and scarce, and available lenders are requiring much more work be done before they will finance projects. California.