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Algae-to-crude company Sapphire Energy pays off government loan guarantee

Green Car Congress

million loan guarantee through the Biorefinery Assistance Program, administered by the USDA Rural Development-Cooperative Service, to build a fully integrated, algae-to-crude oil commercial demonstration facility in Columbus, New Mexico. 2009, the company was awarded a $54.5-million

Companies 230
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USDA announces availability of $181M to support development of advanced biofuels projects

Green Car Congress

US Department of Agriculture Secretary Tom Vilsack announced the availability of $181 million via its Biorefinery Assistance Program to develop commercial-scale biorefineries or retrofit existing facilities with appropriate technology to develop advanced biofuels. Sapphire Energy’s “Green Crude Farm” in Columbus, N.M.,

Available 231
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Ford reorganizing mobility solutions efforts; acquires Autonomic, TransLoc to boost mobility group

Green Car Congress

On the heels of an quarterly report marked by an underwhelming profit, and amid a general “lack of fitness” according to CFO Bob Shanks, Ford Motor announced that it is accelerating and expanding its activities in 2018 to deliver a broad suite of mobility products and services to personal vehicle owners, fleet owners and cities globally.

Ford 321
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Sapphire Energy and Phillips 66 parter on co-processing of algae crude oil with conventional crude

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one of the world leaders in algae-based “Green Crude” oil production, and Phillips 66, an integrated energy manufacturing and logistics company, have entered a strategic joint development agreement aimed at taking production of algae crude oil a significant step toward commercialization. San Diego-based Sapphire Energy, Inc.,

Oil 199
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Former CEO of American Electric Power Dies at 94

Cars That Think

After the war, he joined American Electric Power in Columbus, Ohio, as an assistant engineer. He closed the business in 2018. He briefly worked at Maytag and left the commercial appliance manufacturer to join Iowa Power and Light. Former CEO of American Electric Power Life senior member, 94; died 4 July. White served in the U.S.

Power 98
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Boats Should Be Sleek—But Only Up to a Point

Cars That Think

The LBR of ancient and medieval commercial wooden sailing ships increased slowly. The Santa María , a small carrack captained by Christopher Columbus in 1492, had an LBR of 3.45. The Symphony of the Seas (2018) , the world's largest cruise ship, is only about 10 percent shorter, but its narrower beam gives it an LBR of 7.6.

Egypt 100