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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 awarded the first loan guarantee in 2009 to Sapphire Energy in New Mexico. INEOS New Plant Bioenergy, located in Vero Beach, Fla., 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.

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USDA to award $11M loan guarantee to Oregon biorefinery

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The US Department of Agriculture (USDA) will support Novus Energy’s new biorefinery project in Boardman, Ore. with an $11-million loan guarantee through the Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program. million cubic feet of renewable natural gas, 350 gallons of liquid fertilizer, and 11.2

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USDA to provide $105M loan guarantee to Fulcrum Sierra Biofuels; municipal solid waste to ethanol

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The US Department of Agriculture (USDA) announced a $105-million loan guarantee to Fulcrum Sierra BioFuels, LLC to finance development of a facility to convert municipal solid waste into advanced biofuels. With the loan guarantee finalized, the company will secure bank financing, which when combined with private equity capital provided.

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

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New Mexico. 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.

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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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35 new businesses, non-profits, universities, and utilities signing on to DOE’s Workplace Charging Challenge and committing to provide electric vehicle charging access for their workforce. Charging infrastructure financing: Unlocking Up $4.5 Among the actions announced are: Unlocking up to $4.5 The solicitation can provide up to $4.5

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DOE to award $11M to 20 new Clean Cities projects for alt fuel cars and trucks

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compressed natural gas (CNG) cylinder tracking system and Renewable. The Unlocking Private Sector Financing for Alternative Fuel Vehicles and. New Mexico Energy, Minerals and Natural. The Advancing New Mexico’s Alternative Fuels project will work with the. Natural Gas Vehicle and Propane Partnerships.

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