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Gevo closes $68M Green Bond to finance RNG project

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has closed a $68,155,000 “Green Bond” private activity bonds offering to finance the construction of its renewable natural gas (RNG) project in Northwest Iowa. The feedstock for the RNG Project will be supplied by three dairy farms located in Northwest Iowa totaling more than 20,000 milking cows.

Financing 334
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Gevo to sell renewable natural gas to bp

Green Car Congress

Gevo’s, wholly-owned dairy manure-based renewable natural gas (RNG) project company located in northwest Iowa—Gevo NW Iowa RNG, LLC (NW Iowa RNG)—has signed binding, definitive agreements with BP Canada Energy Marketing Corp. collectively, “bp” ) for the sale of NW Iowa RNG’s production.

Iowa 186
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Hydrogen from biomethane; gasoline & diesel from tree residue; cellulosic ethanol among new proposed California LCFS fuel pathways

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California Air Resources Board (ARB) staff posted 32 new Low Carbon Fuel Standard (LCFS) fuel pathway applications for comments at the LCFS website. The LCFS is a regulation to reduce the carbon intensity (CI) of fuels sold in California by 10% by 2020. If a product is above the annual carbon intensity target, the fuel incurs deficits.

Gasoline 150
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UPS announces renewable diesel agreements with Neste, REG and Solazyme; up to 46M gallons over next 3 years

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UPS announced agreements for up to 46 million gallons of renewable diesel over the next three years, constituting a 15-fold increase over prior contracts and making UPS one of the largest users of renewable diesel in the world. Neste, headquartered in Espoo, Finland, is the world’s largest producer of renewable diesel.

Renewable 150
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Harmonizing Low Carbon Fuel Standards

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—Low Carbon Fuel Standard 2011 Program Review Report. The California LCFS regulation, which went in to effect on 15 April 2010, targets a reduction of the carbon intensity (CI), on a full-fuel lifecycle basis, of transportation fuels (measured in gCO 2 e/MJ) used in California by an average of 10% by the year 2020.

Carbon 244
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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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3 winners of DOE’s “America’s Next Top Energy Innovator” Challenge: hydrogen-assisted lean-burn engines, graphene for Li-air and -sulfur batteries, and titanium process

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The three winning companies are: Umpqua Energy , a startup company based in Medford, Oregon, is using an Argonne National Laboratory technology to develop a system that allows a gasoline engine to operate in an extreme lean burn mode in order to increase gasoline mileage.

Hydrogen 279