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

Green Car Congress

Green crude company Sapphire Energy, Inc. has paid off the entire loan guarantee awarded to the company by the USDepartment of Agriculture. 2009, the company was awarded a $54.5-million 2009, the company was awarded a $54.5-million With their backing, we did exactly what we set out to do.

Companies 230
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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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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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Sapphire Energy and Phillips 66 parter on co-processing of algae crude oil with conventional crude

Green Car Congress

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 was a member of the board for several companies and organizations including Bank of New York Mellon , Irving Trust , the Edison Electric Institute , and the National Association of Manufacturers. He closed the business in 2018.

Power 94