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Biomass to sugars and lignin company announces new name, new CEO, $30M in funding and a $75M deal with Mississippi to build plants in state

Green Car Congress

Virdia, formerly HCL CleanTech, a developer of cellulosic sugars, announced a number of major company milestones, including a new brand and CEO, its latest funding round, and a $75-million deal with the Mississippi Development Authority to build manufacturing plants in the state. Earlier post.)

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Velocys, Southwest Airlines in 15-year off-take agreement for 219M gallons of negative-carbon-intensity SAF; 575M gallons of net-zero blend

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Velocys plc announced that its wholly owned subsidiary, Velocys Renewables LLC, has entered into its first offtake agreement for the sustainable aviation fuel (SAF) to be produced at the planned Bayou Fuels biorefinery project in Mississippi with Southwest Airlines. Off-take agreement with IAG.

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

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Mississippi. The number of states with geothermal projects under development also increased, from 12 to 14 over the past six months, with the addition of two oil-field co-production projects in Louisiana and Mississippi. State # of projects Potential MW. California. New Mexico. Washington. unspecified. and 7,109.9

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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

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Southern Company: Mississippi Power. Charging infrastructure financing: Unlocking Up $4.5 It will also list current tax credits and incentives applicable to EV charging. Southern Company: Mississippi Power. Among the actions announced are: Unlocking up to $4.5 Southern Company: Georgia Power. Southern Company: Gulf Power.

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