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

Green Car Congress

a developer of a catalytic pyrolysis process to produce renewable oil from biomass, has received a term sheet for a loan guarantee from the US Department of Energy’s Loan Guarantee Program supporting a more than $1-billion biofuels project. The project would convert wood biomass into drop in biofuels such as gasoline and diesel fuel.

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USDA establishes four additional Biomass Crop Assistance Program project areas

Green Car Congress

The US Department of Agriculture (USDA) has established four additional Biomass Crop Assistance Program ( BCAP ) project areas to promote the cultivation of crops that can be processed into renewable energy. USDA estimates that each of the four project areas and conversion facilities would earn about $50 million per year.

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Lux: future use of wide bandgap materials in power electronics will reduce EV cost

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In electronic devices, WBG semiconductors can eliminate up to 90% of the power losses that currently occur during AC-to-DC and DC-to-AC electricity conversion, and they can handle voltages more than 10 times higher than Si-based devices, greatly enhancing performance in high-power applications. million to a $3.8-million GaN Systems, Inc.;

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ARPA-E awards $30M to 21 projects advance new class of high-performance power converters

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CIRCUITS project teams will accelerate the development and deployment of a new class of efficient, lightweight, and reliable power converters, based on wide-bandgap (WBG) semiconductors. data center energy consumption and operating cost while creating a high-volume commercial market for SiC-based power converters. Earlier post.).

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