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Solazyme Raises $52M in Series D Financing Round

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a renewable oil production and algal biotechnology company, announced that it has raised $52 million in its Series D financing round. We are executing against multiple partnerships with global industry leaders and the US Department of Defense on a rapid path to commercialization. Tags: Brief. Solazyme, Inc.,

Financing 170
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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. The recession, as the report confirms, is having an impact on the industry, according to the GEA. Tags: Brief. Karl Gawell, Executive Director of GEA.

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BIO Calls for a Range of Policies to Support US Biorefinery Commercialization; Need For Federal Support in Financing

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The Biotechnology Industry Organization (BIO) has called for sustained, consistent and diverse federal support to encourage commercial development of a full range of innovative bio-based technologies. Reducing technology risk is necessary; that’s why we need the DOE loan guarantee program to work in conjunction with private financing.

Financing 170
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EIB to Contribute Up to €300M in Financing to Valeo for €645M Fuel Consumption and Emissions Reduction Projects

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The European Investment Bank (EIB) will grant financing of up to €300 million (US$426 million) to Valeo for its current research projects aiming to reduce the fuel consumption and CO 2 emissions of cars and improve active safety. The role of each of the partners is the following: Valeo – the drive-train electronics and thermal. Earlier post.)

Financing 150
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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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. M barrels/day of oil within the next 10 years ”. Billion vs. $28.3 Billion in 2008). Earlier post.).

Financing 150
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Blue Marble Energy and Bionavitas Announce Partnership to Produce Industrial Biochemicals from Microalgae

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In July, BME closed a series A financing round, with the lead investor, Rajiv Shah, joining the board. Light Immersion Technology can be used to grow algae to remediate selenium, zinc, lead, cadmium, boron, mercury, and other undesirable elements and compounds from industrial waste streams.

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Koenigsegg Group AB Links With Beijing Automotive Industry Holdings Co. Ltd (BAIC) for SAAB Transaction

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Koenigsegg Group AB has signed a Memorandum of Understanding (MOU) with Beijing Automotive Industry Holdings Co. We have a solid business plan, an important partnership and we are now in a position to go ahead without any governmental financing. Tags: Brief. Koenigsegg Group will own 100% of SAAB Automobile AB. Earlier post.).