article thumbnail

Elevance Renewable Sciences raises $100M in Series C Financing; Total Energy Ventures joins in

Green Car Congress

Elevance Renewable Sciences, Inc., which is commercializing olefin metathesis technology for renewable fuels and chemicals, has raised $100 million in its Series C financing round. Elevance was formed in 2007, with more than $40 million in capital and technology invested by TPG, Cargill and Materia. Earlier post.).

Financing 210
article thumbnail

Renewable Energy Group to acquire Tyson Foods’ half ownership of Dynamic Fuels renewable diesel biorefinery

Green Car Congress

Renewable Energy Group, Inc. Tyson and Syntroleum formed Dynamic Fuels in 2007 as a 50/50 joint venture. The Geismar facility, completed in 2010, was the first large scale renewable diesel biorefinery built in the US. —Andrew Rojeski, Vice President-Renewable Energy for Tyson Foods. Earlier post.)

Renewable 199
article thumbnail

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
article thumbnail

Algenol closes on additional $25M internal equity financing

Green Car Congress

Algal fuels producer Algenol has closed on a $25-million dollar investment from BioFields, a Mexican business group devoted to the development of renewable and clean energy projects. The algal bio-oil can be used to produce biodiesel, renewable diesel, or other bio-oil-derived products. —Alejandro Gonzalez, founder of BioFields.

Financing 150
article thumbnail

Wendy Greuel Our Best Bet To Get To 100% Renewable Energy In Time

Creative Greenius

To those of you who know me best and have been reading Creative Greenius since we started publishing in October 2007 it seems pretty silly that any candidate for elected office would seek my endorsement or think that it would do more good than harm. and Councilman Wayne Powell.

Renewable 329
article thumbnail

Primus Green Energy raises $12 million for renewable gasoline technology

Green Car Congress

developer of a proprietary process to produce gasoline and other fuels from biomass and/or natural gas ( earlier post ), has completed its third round of funding with the recent $12-million investment by IC Green Energy Ltd, the renewable energy arm of Israel Corp. Primus Green Energy Inc.,

Gasoline 231
article thumbnail

Worldwatch: Fossil fuel subsidies continue to outweigh those for renewable energy; international pledges on reform unfulfilled

Green Car Congress

Estimated consumption subsidies, industrial and developing countries, fossil fuels and renewables. Fossil fuel subsidies continue to far outweigh support for renewable energy, according to new research conducted for the Worldwatch Institute’s Vital Signs Online service. Source: Worldwatch. Click to enlarge.

Renewable 312