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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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Fulcrum will gasify 147,000 tons of municipal solid waste to produce synthesis gas which it then will catalytically convert to synthetic paraffinic kerosene/jet fuel via a Fischer-Tropsch (FT) process. million loan in 2011 to convert food and agricultural waste to biogas that is used as fuel to generate electricity.

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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. Fulcrum Sierra uses a two-part thermo-chemical process: Gasification converts the MSW into a synthesis gas, or syngas.

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Global Bioenergies hits two milestones in renewable isobutene project

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The BioMA+ project is financed by the ADEME in the context of the French “Investissements d’Avenir” State program. The project targets the development of a value chain that converts renewable resources into isobutene and subsequently into methacrylic acid, an essential component of acrylic paints. million (US$5.5 million (US$5.5

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Mascoma Announces Feedstock Processing and Lignin Supply Agreement with Chevron Technology Ventures; Chevron Working on Converting Lignin to Hydrocarbon Fuel Components

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Mascoma will then convert the feedstock to cellulosic ethanol through its proprietary process, which produces lignin as a by-product. Chevron has filed applications for two patents on processes to convert lignin to a hydrocarbon feedstock via hydroprocessing; both applications were published on 3 September 2009. Earlier post.)

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JetBlue to go carbon neutral on all domestic flights by offsetting emissions starting in 2020; flying with SAF from SFO

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Since 2008, JetBlue has already offset more than 2.6 Buying carbon credits means investing in emission reduction projects that require carbon offsetting financing in order to take place. Instead of escaping into the air, LFG can be captured, converted and used as a renewable energy resource.

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Aemetis to acquire Edeniq and its cellulosic ethanol technology

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Edeniq, a private company founded in 2008, has raised approximately $100 million from some of the world’s leading venture capital firms, including Kleiner Perkins Caulfield & Byers, Draper Fisher Jurvetson, Angeleno Group, The Westly Group, I2BF Global Ventures, and other leading investors, as well as US Department of Energy (DOE) grant funding.

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Tesla replays DOE loan nine years early

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This program was signed into law by President Bush in 2008 and then awarded under the Obama administration in the years that followed. The loan payment was made today using a portion of the approximately $1 billion in funds raised in last week’s concurrent offerings of common stock and convertible senior notes.

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