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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). by Bill Cooke. Billion vs. $28.3 Billion in 2008). Earlier post.).

Financing 150
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Novamont launches joint venture for European BDO plant using Genomatica’s process

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Genomatica and Novamont have signed a definitive agreement establishing a joint venture (JV) for the first industrial plant in Europe producing butanediol (BDO) directly from renewable feedstocks. Under the agreement, Novamont is converting an existing facility in Adria, Italy to use Genomatica’s BDO process. Earlier post.).

Italy 210
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Novozymes and M&G Chemicals to collaborate on biomass-based plastics in China

Green Car Congress

The bio-refinery will be located in Anhui province, close to Fuyang in Eastern China, and will have capacity to process 1 million metric tons of biomass per year, approximately 4 times the capacity of the biomass conversion facility by Beta Renewables in Crescentino, Italy.

China 218
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Energy Conversion Devices files Chapter 11, seeks sale of businesses; Ovonic Battery Company sold to BASF Corporation

Green Car Congress

51-year-old Energy Conversion Devices, Inc. a pioneer in materials science and renewable energy technologies, today voluntarily filed a petition for relief under Chapter 11 in the US Bankruptcy Court for the Eastern District of Michigan. million in outstanding 3% Convertible Senior Notes due 2013.

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Novozymes introduces its latest enzyme technology for cellulosic biofuels; performs 1.5x better than predecessor

Green Car Congress

The enzyme enables more cost-efficient conversion of biomass to ethanol and performs 1.5 M&G Group is scheduled to open a facility in Crescentino, Italy, producing 13 million gallons of ethanol per year from wheat straw, energy crops, and other locally available feedstocks. times better than its predecessor, Cellic CTec2.

Waste 210
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The Case for Nuclear Cargo Ships

Cars That Think

based TerraPower and London- and Italy-based Newcleo should be safer and simpler to operate than conventional reactors. Producing enough renewable, carbon-free ammonia for shipping—about 600 million tonnes a year—using electrolyzers that split water molecules to produce hydrogen, would use 12 megawatt-hours per tonne of ammonia.