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INEOS Bio JV Closes $75M in private financing under USDA loan guarantee program for advanced BioEnergy Center in Florida

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INEOS Bio announced that its joint-venture project, INEOS New Planet BioEnergy (INPB), has finalized $75 million in private financing utilizing the US Department of Agriculture (USDA) loan guarantee program for its new Indian River BioEnergy Center located in Florida. Earlier post.) The hot synthesis gas is quenched and cleaned. Fermentation.

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MassCEC Approves $5M Forgivable Loan for A123 Systems; Targeted at Expansion for Grid Storage Systems

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With the new expansion, A123 Systems will assemble and commission grid-storage battery systems in Massachusetts. Under the terms of the MassCEC financing, A123 will double its Massachusetts employment to more than 500 by 2014. In September 2009, A123 raised $378 million in its initial public offering.

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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). Cap and Trade Disappointment.

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Pew: global clean energy investment reached record $243B in 2010

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Global clean energy finance and investment grew significantly in 2010 to $243 billion, a 30% increase from the previous year. billion in investments in 2010 represents a 39% increase from 2009. billion in clean energy financing last year, improving its global standing to fourth, from eighth in 2009. Click to enlarge.

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Amprius launches new high-capacity and high-energy-density Li-ion batteries with silicon nanowire anodes

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Amprius’ plan, outlined at the DOE Merit Review in 2012, is to start with consumer electronics and move to vehicle and grid storage markets. Amprius is financed by leading investors including Trident Capital, VantagePoint Capital Partners, IPV Capital, and Kleiner Perkins Caufield & Byers. Source: DOE. Click to enlarge. Amprius Inc.,

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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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Solar photovoltaic (PV) is leading the cost decline, with solar PV module costs falling 75% since the end of 2009 and the cost of electricity from utility-scale solar PV falling 50% since 2010. These technologies will become more cost-competitive in future, especially where low-cost financing is available. kWh in Africa.

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A123 Systems 8K filing says substantial doubt about its ability to continue as a going concern; status of grants and incentives

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Although the Company’s intent is to improve its operating efficiencies and to obtain additional financing, there is no assurance that the Company will be able to obtain such financing on favorable terms, if at all, or to successfully further reduce costs in such a way that would continue to allow the Company to operate its business.

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