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

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Cool Planet Energy Systems, a renewable fuels and biochar company ( earlier post ), closed on its targeted $100 million Series D financing. The plant is expected to produce 10 million gallons per year of high-octane, renewable fuel and gasoline blendstocks, as well as CoolTerra biochar products.

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Study: EVs cannot succeed without developing parallel supercharging networks

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The researchers contend that elected officials and public policymakers have called for a rapid shift toward EVs from traditional gasoline-powered transportation and have set ambitious goals. million automobiles were sold in the United States in 2019, of which only about 245,000 were battery-powered electric vehicles, researchers said.

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BMW Group plans > €30B on future-oriented technologies up to 2025; all-electric 7 Series model coming

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Those companies capable of developing and combining hardware and software in equal measure will shape the future of the automobile. —Nicolas Peter, Member of the Board of Management of BMW AG, Finance. The ability to integrate diverse technologies to form a complete system is vitally important. —Oliver Zipse.

BMW 291
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Canada aligns with US on light-duty vehicle GHGs, Tier 3 regulations and heavy-duty vehicle fuel efficiency

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The final Regulations Amending the Passenger Automobile and Light Truck Greenhouse Gas Emission Regulations for model year 2017 and beyond will be published in the Canada Gazette, Part II, on 8 October. These vehicles and fuels regulatory initiatives are aligned with those of the United States. GHG regulations.

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EIA: China promoting both fuel efficiency and alternative-fuel vehicles to curb growing oil use

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Consumption of gasoline in China grew from 0.9 China vehicle sales and gasoline consumption. Additionally, in 2012 the Chinese Ministry of Finance announced it would provide annual subsidies up to two billion yuan ($323.6 This continues a trend of significant growth in China’s transportation sector since the 1990s. Source: EIA.

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

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Cool Planet’s biogasoline blendstock is 100% compatible with pump gasoline. The Cool Planet plant will produce approximately 8 million to 10 million gallons of high-octane, renewable gasoline blendstocks (reformate), as well the biochar, all made from sustainable wood residues. Source: Cool Planet. Click to enlarge. Earlier post.).

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Gevo Biobutanol Retrofit Plant Starts Up; Gevo Launches Development Company to Retrofit Ethanol Plants

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Gevo’s biobutanol can be blended directly into gasoline. Gevo’s technology also enables using the biobutanol for the production of renewable hydrocarbons such as isooctene and isooctane for the gasoline market, renewable jet fuel and renewable diesel blendstocks.

Companies 246