article thumbnail

NRG invests additional $35M in FuelCell Energy for 6% of company; establishes $40M financing facility

Green Car Congress

which designs, manufactures, operates and services carbonate fuel cell power plants, announced a broadening and deepening of its existing relationship with NRG Energy including a $35.0-million The company has the option to continue the financing term for each project after COD for a maximum term of five years per project. per share.

Financing 244
article thumbnail

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

Green Car Congress

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
article thumbnail

DKRW Advanced Fuels signs major off-take contract for 100% of coal-derived gasoline from Medicine Bow project

Green Car Congress

The contract is one of the first major commercial agreements in the US for the sale of liquid transport fuels made from coal. The Medicine Bow project will use Carbon Basin coal optioned from DKRW partner (and coal mine operator) Arch Coal to produce refined hydrocarbon liquid products. We have received front end.

Coal 225
article thumbnail

Mitsubishi Hitachi Power Systems introduces 63% efficient, 540MW JAC gas turbine; -70% CO2 compared to older coal-fired plants

Green Car Congress

Replacing older coal-fired power plants with the enhanced JAC can reduce CO 2 emissions nearly 70%. Following technical selection, a developer will proceed with securing financing, permitting and more. All are proven designs for reliable operation. reliability during 11,000 hours of commercial operation. reliability.

Coal 150
article thumbnail

Accelergy Receives Grant from Pennsylvania for Feasibility Study on Coal-Biomass-to-Liquids

Green Car Congress

Following the site selection and facility design process, the Alliance will request a formal grant from the Commonwealth to construct a demonstration plant and produce its cleaner fuel on a larger scale. The Alliance expects to complete the study in three to four months.

article thumbnail

Siemens Energy to Supply Advanced Coal Gasification Technology to Taylorville Energy Center; 50% CO2 Capture

Green Car Congress

has been chosen to provide the coal gasification technology for the Taylorville Energy Center (TEC), a 730-megawatt (gross) advanced coal generating plant being developed near Taylorville, Ill. TEC will be one of the first commercial-scale, coal gasification plants with carbon capture and storage (CCS) capability in the US. .

Coal 186
article thumbnail

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

Green Car Congress

The TCEP would integrate coal gasification, combined-cycle power generation, CO 2 capture, and. Whiting will be the first in the Permian to purchase CO 2 from a power project that will be produced through the coal-gasification process. The TCEP integrates coal gasification, combined-cycle power generation, CO 2 capture, and.

Coal 186