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Velocys receives FONSI from USDA for planned Mississippi biorefinery; wood waste to drop-in fuels

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Velocys is pursuing a USDA loan guarantee that could apply up to $200 million of debut as part of the total installed cost of the project. Velocys has engaged the global leading project finance bank, Sumitomo Mitsui Banking Corporation (SMBC), as the lender of record and as its financial advisor.

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

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

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Cynar is a UK company established to commercialize the ThermoFuel technology exclusively licensed to it in the UK and Ireland by its owners, Ozmotech Pty Ltd. The waste plastics to hydrocarbon fuels liquefaction technology is based on pyrolysis and distillation. Cynar’s first plant is built and operating in Portlaoise, Ireland.

Waste 231
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TerraStar Energy to license Emerging Fuels Technology’s Fischer-Tropsch and Maxx Jet/Maxx Diesel upgrading technology

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The feedstocks can include a blend of waste wood from managed forests, construction waste, paper, cardboard, and other common household and commercial waste. Using these modules also improves redundancy and reduces capital cost, enabling TerraStar customers to achieve an attractive internal rate of return (IRR).

Diesel 170
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Enerkem GreenField Alberta Biofuels Awarded Permit to Build Commercial Municipal Waste-to-Biofuels Facility

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Enerkem GreenField Alberta Biofuels (EGAB) has successfully completed the necessary environmental regulatory process and has been granted a permit to commence construction of a commercial facility to produce biofuels and green chemicals from sorted municipal solid waste in Edmonton, Alberta. Earlier post.)

Waste 150
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Shengquan and Novozymes in partnership to commercialize cellulosic ethanol for solvents

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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. This would create 2.9

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Clean Energy Zero Now truck orders surpass 250; heavy-duty trucks fueled by renewable natural gas

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Clean Energy’s Zero Now program makes the cost of leasing or purchasing a new natural gas heavy-duty truck equal to the price or even lower than that of the same truck equipped with a diesel engine. Redeem is the first commercially available RNG vehicle fuel.

Clean 191