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Cool Planet breaks ground on its first biomass-to-renewable gasoline plant

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Cool Planet Energy Systems, a technology company producing green fuels and biochar products, broke ground on the company’s first commercial facility in Alexandria, Louisiana, dubbed Project Genesis. The facility will be located at the Port of Alexandria, on the Red River Waterway in Central Louisiana. Earlier post.).

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Renewable fuels and biochar company Cool Planet closes on $100M Series D financing

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Cool Planet Energy Systems, a renewable fuels and biochar company ( earlier post ), closed on its targeted $100 million Series D financing. By creating renewable fuel and sequestering the biochar in the ground as soil enhancer, the process permanently removes atmospheric CO 2 for hundreds of years. Click to enlarge.

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Cool Planet successfuly completes road test of cellulosic bio-gasoline blend

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Officials there ran a 5% blend of Cool Planet’s renewable, low-carbon gasoline for six weeks during their normal operations. The Ventura County Parks Department showcased the fuel in its Parks Department sport utility vehicle to demonstrate the versatility of Cool Planet’s renewable fuel.

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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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USDA has reached an agreement with Silicon Valley Bank to provide a $91-million Biorefinery Assistance Program loan guarantee to Cool Planet to help the company finish construction on an advanced biofuel plant at the Port of Alexandria in Louisiana. Earlier post.). The main catalysts are proprietary modified ZSM-5 catalysts.

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LA-based SMLC to lead new DOE Smart Manufacturing Innovation Institute; ~$800M for 5 new hub competitions

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Lawrence Livermore National Laboratory; Louisiana State U.; MontanaTech; National Energy Technology National Laboratory; National Renewable Energy Laboratory; North Carolina State U.; LanzaTech; Materia; SEVA; TowerJazz; Small: Able Industrial Products Inc.; VRCO; and many more small and medium-sized manufacturers. Missouri U.