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Renewable fuels and biochar company Cool Planet closes on $100M Series D financing

Green Car Congress

The company’s process also produces a biochar-based product called CoolTerra that has the capability of making the fuel “carbon negative,” reversing the consequences of CO 2 build-up from fossil fuels, the company says. This excess carbon is highly porous and has beneficial water and nutrient retaining capabilities.

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USDA provides $91M loan guarantee to Cool Planet for biogasoline blendstock plant; biomass pyrolysis and catalytic conversion

Green Car Congress

USDA has reached an agreement with Silicon Valley Bank to provide a $91-million Biorefinery Assistance Program loan guarantee to Cool Planet to help the company finish construction on an advanced biofuel plant at the Port of Alexandria in Louisiana. Earlier post.). The Cool Planet process is widely tunable in the produced biochar/fuel ratio.

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EAA National Board nominations from across North America

Electric Auto Association

Provide clear goals, committee independence About Sterling: Sterling drives a 2019 Tesla Model 3 Dual Motor AWD FSD and is an electric automobile enthusiast while employed as a vetting specialist for ConocoPhillips. What type of leadership makes you thrive?

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EAA National Board nominations from across North America

Electric Auto Association

Provide clear goals, committee independence About Sterling: Sterling drives a 2019 Tesla Model 3 Dual Motor AWD FSD and is an electric automobile enthusiast while employed as a vetting specialist for ConocoPhillips. What type of leadership makes you thrive?