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OPXBIO raises $36.5M to accelerate commercialization of renewable chemicals and fuels

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The investment will accelerate OPXBIO’s development and commercialization of renewable, bio-based chemicals and fuels that are lower cost, higher return and more sustainable than existing petroleum-based products. OPXBIO anticipates full commercialization within three to five years. OPX Biotechnologies Inc.

Renewable 186
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Elcora options to purchase existing manganese mine in Morocco; additive to Atlas Fox

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Manganese, a key component in the production of steel and other alloys, is gaining attention for its potential in renewable energy storage. According to the USGS, land-based manganese resources are large but irregularly distributed; those in the United States are very low grade and have potentially high extraction costs.

Morocco 199
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MIT study concludes V2G-enabled electric commercial trucks could offer lower total operating cost than conventional diesel fleet

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A new study by researchers at MIT’s Center for Transportation and Logistics (CTL), concludes that electric commercial vehicles can cost 9 to 12% less to operate than trucks powered by diesel engines when used to make deliveries on an everyday basis in big cities and when V2G (vehicle-to-grid) revenue is incorporated. Resources.

MIT 284
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Amyris to expand collaboration with Total, form JV to commercialize Amyris renewable diesel

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which applies its industrial synthetic biology platform to provide renewable alternatives to select petroleum-sourced products used in specialty chemical and transportation fuel markets, has entered into a term sheet with Total Gas & Power USA SAS, an affiliate of Total S.A., Amyris, Inc., million versus $12.7 million versus $10.1 million.

Renewable 199
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DOE-released report finds significant growth in fuel cell industry in 2011, forecasts continuing growth through 2012

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The US Department of Energy (DOE) released a new report showing significant growth for the fuel cell industry in 2011, and forecasting continued growth through 2012. between 2010 and 2011 and 214% between 2008 and 2011. At the end of 2011, more than 3,000 fuel cell forklifts were either deployed or on order in the United States.

2011 252
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Amyris to enter partnership to supply renewable jet fuel from sugar to GOL Airlines

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An overview of the direct sugar to hydrocarbon (DSHC) process for the production of renewable jet fuel. Renewable fuels and chemicals company Amyris, Inc. The anticipated partnership was announced during the first commercial flight with a renewable jet fuel in Brazil by the airline earlier today. Source: Amyris.

Renewable 262
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Beta Renewables’ 75M liter cellulosic ethanol plant opens in Italy

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Beta Renewables, part of the Mossi Ghisolfi Group, and Novozymes marked the official opening in Northern Italy of a 75-million-liter (20-million-gallon) cellulosic ethanol plant. More than $200 million has been invested in research and development of the technology used to produce cellulosic ethanol at the Crescentino facility since 2011.

Italy 199