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AirCapture, OCOchem and partners win $2.93M DOE grant for direct air capture of CO2 and conversion to formic acid

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Carbon dioxide capture company AirCapture and carbon dioxide conversion company OCOchem, along with other partners, have won a $2.93-million We are converting common industrial waste streams into product streams —Todd Brix. In addition, the project will assess the impact on members of the local community.

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Georgia Tech named winner of DOE/GM/Mathworks EcoCAR Mobility Challenge

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The Ohio State University finished in second place and University of Alabama came in third. Teams also gave five scored presentations to more than 65 judges from government and industry, detailing vehicle designs and subsystems, team management and communications activities, and demonstrating the multidisciplinary aspect of their EcoCAR team.

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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

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Anovion, with its partners, collaborators and stakeholders, will build 35,000 tons per annum of new synthetic graphite anode material capacity for lithium-ion batteries used in electric vehicles and critical energy storage applications. Ascend Elements , Apex – Integrated Sustainable Battery Precursor, $316,186,575.

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Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

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Furthermore, in order to secure leadership in the future mobility industry, it has decided to focus on future businesses, such as autonomous driving, hydrogen, robotics and advanced air mobility (AAM). By utilizing existing lines, construction time is much shorter than building new plants and can be ramped up quickly to meet EV demand.

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US DOE awards KiOR loan guarantee supporting a more than $1B biofuels project; drop-in fuels from wood biomass

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This project is designed to complement an earlier Mississippi agreement, which requires KiOR to build three plants in Mississippi before 2015. KiOR also has additional projects in various stages of development in Arkansas, Alabama and other southern states. Earlier post.)

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USDA providing $405M in conditional loan guarantees for three biorefinery projects

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received a letter of intent for a $250-million loan guarantee to construct and operate a cellulosic ethanol biorefinery facility in rural western Alabama. —Brent Erickson, executive vice president of BIO’s Industrial & Environmental Section. Coskata, Inc. Earlier post.).

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USDA Report Provides Regional Roadmap To Meeting the Biofuels Goals of the Renewable Fuels Standard by 2022; Southeast to Provide ~50% of Advanced Biofuels

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Assuming an average biorefinery size of 40 million gallons per year, USDA estimates it meeting the RFS2 advanced biofuels goals will mean building of 527 biorefineries, at a cost of $168 billion. The US farm sector is capable of producing a diverse complement of feedstocks to make the biofuels industry a truly national effort.

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