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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). Inflows to clean energy projects in India and Brazil slipped $2.4

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Vale joins Boston Metal Series B; developing MOE for emissions-free steel

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Boston Metal, an MIT spin-off working to commercialize molten oxide electrolysis (MOE) for emissions-free metals and alloys production, announced that Vale and Energy Impact Partners have joined its Series B fundraising, closely following a $50M close announced in January. Sadoway founded Boston Electrometallurgical Corporation in 2012.

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Oxford Catalysts raises £21M to accelerate commercialization of synthetic fuels technology

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The Oxford Catalysts Group has raised £21 million (US$34 million) before expenses from the conditional placing of 26,250,000 new shares, which will be used to accelerate its ongoing transition from a research and development organization to a commercial product company.

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Codexis advances discussions in new fuels agreement with Shell for commercializing cellulase enzyme technology

Green Car Congress

Under this agreement, Shell has agreed to negotiate exclusively with Codexis through 1 September 2012 the terms of a new agreement under which Shell would grant to the company certain rights and licenses in the biofuels field to develop and sell cellulase enzymes to third parties on a worldwide basis, except Brazil.

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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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This geographically diverse group comprises Brazil and Mexico in the Americas; South Africa and Nigeria in Africa; Egypt and Turkey in North Africa/Mediterranean; Saudi Arabia and Iran in the Middle East; as well as Thailand and Indonesia in Asia. China and India will together account for about half of the global increase.

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12 Exciting Engineering Milestones to Look for in 2022

Cars That Think

While not the first video game—or even the first to be presented in an upright, arcade-style cabinet—Pong was the first to be commercially successful. Utility company Energias de Portugal (EDP), based in Lisbon, is on track to begin operating a 3-megawatt green hydrogen plant in Brazil by the end of the year.

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Obama sets goal of reducing US oil imports by 1/3 by 2025; domestic and Western Hemisphere production, natural gas, biofuels, electric vehicles, fleet purchases

Green Car Congress

If anyone doubts the potential of these fuels, consider Brazil. Already, more than half—half—of Brazil’s vehicles can run on biofuels. Another substitute for oil that holds tremendous promise is renewable biofuels—not just ethanol, but biofuels made from things like switchgrass, wood chips, and biomass.

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