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Coskata Inc. completes first close of Series D financing round

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a developer of technology for the production of advanced biofuels and biochemicals from biomass and waste materials, announced a first close of its Series D round of financing. After this first close to the round, Coskata plans a final close of the transaction in Q4 of 2011. Coskata Inc.,

Financing 199
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ArcelorMittal, LanzaTech and Primetals to build €87M commercial-scale waste-gas-to-ethanol plant

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The partners said the project will demonstrate the added value of recycling waste streams, not only by reducing emissions at source, hence reducing ArcelorMittal’s direct carbon footprint, but by keeping fossil fuels in the ground through the production of commodity chemicals and fuels that would otherwise be made from oil.

Waste 150
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IEA: Estonia is pioneering technologies for more efficient and cleaner use of oil shale

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An article in the latest issue of IEA Energy: The Journal of the International Energy Agency reports that Estonia, which has the most developed oil shale industry in the world, is collaborating in pursuing wider use of oil shale in a cleaner, more sustainable manner. Different that shale oil—i.e., million (US$12.8

Estonia 236
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SITA UK and Cynar to build UKs first commercial plants to convert waste plastic to diesel

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The waste plastics to hydrocarbon fuels liquefaction technology is based on pyrolysis and distillation. The objective of the new agreement is to build 10 UK plants dealing with 60,000 tonnes of mixed plastic waste per year and to commission the first plant in London by end 2011. Cynar system.

Waste 231
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Pike Research forecasts global biofuels market to double by 2012 to $185.3B

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billion in 2011 to $185.3 BGPY in 2011) would represent just 7% of the estimated global transportation fuels market in 2021. Pike Research forecasts that the global market for biofuels will more than double over the coming decade, increasing from $82.7 billion by 2021. However, despite strong. BGPY of biofuels demand.

Global 253
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USDA seeking applications for loan guarantees for biomass fuels and energy programs

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Under the Notice of Funds Availability (NOFA), USDA is making approximately $463 million in program level available for loan guarantees in Fiscal Year (FY) 2011. For FY 2011, there is only one round of competition. Applications must be received by 10 May 2011. The deadline to apply for funding under this program is 9 June 2011.

Energy 170
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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

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In a pre-response to that speech, having successfully advocated for plug-in hybrids like the forthcoming Chevy Volt, we propose that the President follow that speech up with a “realistic and conservative” roadmap to halve our oil use in 10 years. Oil is holding us all hostage, economically and physically. Finally, it’s time to begin.

Oil 252