Remove Commercial Remove Convert Remove Cost Of Remove Financing
article thumbnail

CO2-to-chemicals company Liquid Light raises $15M Series B financing; process scale-up and application validation

Green Car Congress

Start-up Liquid Light, a developer of process technology to make major chemicals from low-cost, globally-abundant carbon dioxide ( earlier post ), has closed a $15-million Series B financing. The financing was completed at a significant increase in company valuation.

Financing 218
article thumbnail

SITA UK and Cynar to build UKs first commercial plants to convert waste plastic to diesel

Green Car Congress

SITA UK, one of the country’s leading recycling and resource management companies and a subsidiary of Suez Environment, has signed an exclusive agreement with Cynar Plc to build Britain’s first fully operational plants to convert end of life plastic into diesel fuel. Cynar system. Pyrolysis then commences and the plastic becomes a vapor.

Waste 231
article thumbnail

Shengquan and Novozymes in partnership to commercialize cellulosic ethanol for solvents

Green Car Congress

Shengquan Group, a Shandong-based company specializing in furan resin and polymers, and Novozymes, a world leader in bioinnovation, have formed a partnership enabling Shengquan to start commercial-scale production of cellulosic ethanol for solvents in June 2012 using Novozymes’ technology.

article thumbnail

DOE awards $56M to 21 concentrating solar power projects; $8M for reducing soft costs of rooftop PV systems

Green Car Congress

DOE also announced the “America’s Most Affordable Rooftop Solar” competition to aggressively drive down the cost of rooftop solar energy system as well as $8 million in awards to nine small businesses to lower the cost of financing, permitting, and other “soft costs,” which can amount to nearly half the cost of residential solar systems.

Solar 252
article thumbnail

TerraStar Energy to license Emerging Fuels Technology’s Fischer-Tropsch and Maxx Jet/Maxx Diesel upgrading technology

Green Car Congress

A typical plant will convert 300 tons per day of biomass into 20,000 gallons of zero-sulfur, ASTM-grade D975 drop-in diesel which can go directly into a fuel tank. FLEX plants owe their name to their flexibility of raw materials and their scalability, both of which enable them to convert solid biomass into liquid fuels via gasification.

Diesel 170
article thumbnail

XL Fleet and eNow partner to electrify refrigerated trailers

Green Car Congress

a provider of solar and battery power systems that enable fully-electric Transport Refrigeration Units (eTRUs) for Class 8 commercial trailers. eNow has pioneered the development of mobile solar battery charging systems to the commercial fleet market since 2011. XL Fleet Corp.

Fleet 259
article thumbnail

Euronav partnering with Hyundai Heavy, LR and DNV to accelerate development of dual-fuel ammonia-fitted tankers

Green Car Congress

Working with key partners toward the safe transport and commercialization of new technologies will be instrumental in delivering benefits for the wider marine industry. The three firm Suezmaxes were contracted for a total cost of US$199.2 million (US$66.4 million each).

Hyundai 186