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Nikola announces $200M convertible senior notes investment; approx. $1B cash and liquidity position

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Nikola Corporation announced that an institutional investor has agreed to make a $200-million investment in Nikola through the purchase of Convertible Senior Notes. Funds advised by Antara Capital LP have agreed to purchase $200 million aggregate amount of 8.00% / 11.00% Convertible Senior Notes due 2026. —Nikola CFO Kim Brady.

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UC Davis process produces gasoline-range hydrocarbons from biomass-derived levulinic acid; field-to-tank yield of >60% claimed

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Researchers at the University of California, Davis have developed a process for the production of branched C 7 –C 10 hydrocarbons in the gasoline volatility range from biomass-derived levulinic acid with good yield, operating under relatively mild conditions, with short reaction times. barrels of oil (117.6 gallons US). 201308143.

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UC Davis team engineers cyanobacterium for enhanced direct production of 2,3-butanediol; design methods for exogenous chemical production

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2,3BD is a key chemical building block used to make polymers, plastics and hydrocarbon fuels; it can be readily converted to intermediaries such as butenes, butadiene and methyl ethyl ketone that are used in the production of hydrocarbon fuels and a variety of chemicals including polymers, synthetic rubbers, plastics and textiles. 1213024110.

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Waste gasification company Sierra Energy closes $33M Series A funding; FastOx

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The funding will help Sierra Energy further develop and commercialize its FastOx gasification technology, which converts virtually any waste into clean, renewable energy and fuels without burning. Sierra Energy was founded in Davis, California in 2004. Waste is fed into the top of the gasifier vessel through an airlock.

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NREL process boosts production of ethanol from algae

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Cost of algal biofuel production is still a major challenge and the Energy Department has made reducing the costs of both algae production and conversion of algal intermediates to fuels significant goals. In traditional processes, the algae produce lipids that get converted into fuels. Knoshaug, Ryan Davis, Lieve M.L.

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Argonne LCA finds renewable diesel from algae fractionation has 63-68% lower GHG than petroleum diesel

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In some algal biofuel production methods, lipids are extracted from algae and converted to renewable diesel, while the non-lipid components of the algae are converted to biogas. The biogas is used for renewable heat and electricity to power the conversion process of the lipids to renewable diesel.

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Caltech engineers devise new thermochemical cycle for water splitting for H2; recyclable, non-toxic, non-corrosive and at lower temperatures

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The research group led by Mark Davis, the Warren and Katharine Schlinger Professor of Chemical Engineering at Caltech, describes the new, four-reaction process in an open access paper in the Proceedings of the National Academy of Sciences (PNAS). —Mark Davis. The work was funded by a donation from Mr. and Mrs. Lewis W.

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