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Renewable fuels and biochar company Cool Planet closes on $100M Series D financing

Green Car Congress

The company broke ground on its first biofuel production facility in Alexandria, Louisiana, on 26 February 2014. Funding also came from existing investors BP, Energy Technology Ventures (GE, ConocoPhillips and NRG Energy), Google Ventures and the Constellation division of Exelon.

Financing 225
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UPS announces renewable diesel agreements with Neste, REG and Solazyme; up to 46M gallons over next 3 years

Green Car Congress

Bio-based feedstocks from fats, plant oils and waste residues are converted to renewable diesel using advanced refining technologies. UPS has been using renewable fuels for more than a year in trucks operating in Texas and Louisiana. —Mark Wallace, UPS senior vice president, global engineering and sustainability. trillion.

Renewable 150
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USDA provides $91M loan guarantee to Cool Planet for biogasoline blendstock plant; biomass pyrolysis and catalytic conversion

Green Car Congress

USDA has reached an agreement with Silicon Valley Bank to provide a $91-million Biorefinery Assistance Program loan guarantee to Cool Planet to help the company finish construction on an advanced biofuel plant at the Port of Alexandria in Louisiana. Earlier post.). Cool Planet will be contributing $50 million in equity to the project.

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LA-based SMLC to lead new DOE Smart Manufacturing Innovation Institute; ~$800M for 5 new hub competitions

Green Car Congress

quadrillion BTU of energy annually, equivalent to 280 million barrels of oil, or a month’s worth of that nation’s oil imports. Lawrence Livermore National Laboratory; Louisiana State U.; New technologies to better repurpose these materials could save U.S. manufacturers and the nation up to 1.6 Missouri U. Purdue U.

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EAA National Board nominations from across North America

Electric Auto Association

He recognizes the diminishing power of the oil and gas industry, and embraces the imminent future of electrically powered transportation. He created three business startups at the age of 21 and worked with Google, Microsoft, BlackBerry, US Army, City of San Jose and is now serving as an Executive Management Consultant for American Water.

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EAA National Board nominations from across North America

Electric Auto Association

He recognizes the diminishing power of the oil and gas industry, and embraces the imminent future of electrically powered transportation. He created three business startups at the age of 21 and worked with Google, Microsoft, BlackBerry, US Army, City of San Jose and is now serving as an Executive Management Consultant for American Water.