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US Fuels acquires coal-to-diesel IP for scalable plants near mine sites

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Startup US Fuel Corporation (USF), which plans to design, build, own and operate scalable facilities near coal mine sites to convert coal into synthetic fuels, will acquire coal-to-diesel intellectual property (IP) that USF co-developed with an executive team consisting of Paul Adams and Steve Luck. Andrew Halarewicz, Sr.

Coal 225
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Panda Power Funds jointly to develop 1,000 MW coal to natural gas conversion project; Marcellus Shale gas

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Panda Power Funds has entered into a joint venture with Sunbury Generation LP to develop, finance, construct and operate a 1,000 megawatt natural gas-fueled, combined-cycle power project near Shamokin Dam in Snyder County, Pennsylvania. Construction will take approximately 30 months and will commence upon financing and other conditions.

Coal 150
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Wanxiang and GreatPoint Energy close $1.25B deal for 1 Tcf/year coal-to-natural-gas plant in Xinjiang; Sinopec to purchase output, building pipeline to east

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Overview of the Bluegas catalytic coal methanation process. As part of the transaction, GreatPoint Energy has raised equity investment and secured project funding of $1.25 As part of the transaction, GreatPoint Energy has raised equity investment and secured project funding of $1.25 Click to enlarge. pure methane).

Coal 225
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ADB approves $499M loan to establish facility for improved air quality in greater Beijing area; includes hydrogen transport

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The Asian Development Bank’s (ADB) Board of Directors approved a €428-million ($499-million) loan to set up a regional emission-reduction and pollution-control facility as part of a multiyear and multisector support program to improve air quality in the greater Beijing-Tianjin-Hebei (BTH) region, which suffers from heavy air pollution.

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Texas Clean Energy Project signs long-term CO2 offtake agreement with Whiting Petroleum for enhanced oil recovery; 90% CO2 capture from IGCC coal polygen plant

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The TCEP would integrate coal gasification, combined-cycle power generation, CO 2 capture, and. We now have sales commitments in place for all three of TCEP’s main commercial products—electric power, urea for fertilizer, and CO 2 for enhanced oil recovery—and that is obviously key to getting this project underway.

Coal 186
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DOE releases draft of $8B loan guarantee solicitation for advanced fossil energy projects

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The program is part of President Obama’s climate action plan. Projects deploying these technologies are typically unable to obtain commercial financing due to high technology risks. Earlier post.). Once finalized, this solicitation will be the sixth issued in support of Section 1703.

Energy 199
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Global geothermal industry passes 12,000 MW operational

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Financing was announced for projects in Costa Rica, Dominica, Djibouti, Ethiopia, Indonesia, Japan, Kenya, Mexico, Tanzania, and the United States, while projects in drilling and start-of-construction phases made headway in Chile, Germany, Guatemala, Italy, Japan, Montserrat, The Philippines, Rwanda, and Zambia.