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Calysta completes $3M Series A financing; biological conversion of methane to fuels and chemicals

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Calysta Energy completed a Series A financing round totaling $3 million. The financing was led by Pangaea Ventures Ltd., Calysta is focusing on development of methane as a new biological feedstock for cost-competitive, scalable biofuels and chemicals production. Earlier post.).

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Venchurs CNG aggressively prices 6.2L CNG conversions

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Venchurs Vehicle Systems, a Qualified Vehicle Modifier of CNG conversions for Ford Motor Company, will offer 6.2L F-250 and F-350 CNG conversions (bi-fuel and dedicated) with a 23.5GGE system utilizing the new 3M tank, all priced at $8,350. We have been working with companies like 3M to reduce the overall cost of conversion.

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ADB: Projected cost of Uzbek Oltin Yo’l GTL plant increases by 37% to $5.6B

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The projected cost of the Olin Yo’l GTL project in Uzbekistan ( earlier post ) will hit $5.6 As originally outlined by founding project partners Sasol, Petronas and Uzbekneftegaz, the project was estimated to cost some $4.1 Syngas is then subjected to a Fischer-Tropsch conversion to produce waxy syncrude. Click to enlarge.

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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. New investors include Sustainable Conversion Ventures, which focuses on renewable fuels and chemicals investments.

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“Project Volt Gas Volt” proposes long-term financing plan to support widespread implementation of power-to-gas systems

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Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. This would help speed up the return on investment in VGV for the development costs of the energy transition. Diagram: Isabelle Plat.

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Omnitek Enters Peruvian Market with $4.5M CNG Conversion Contract

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million compressed natural gas conversion contract. The conversion order is for a fleet of beverage and milk delivery vehicles owned and operated by Lima-based Leche Gloria, S.A. The conversion costs are being offset by GNC Energia charging a higher market rate for natural gas, but at a rate still below the cost of diesel fuel.

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Lightning Systems receives California ARB Executive Order for the Transit Bus Repower powertrain

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The Transit Bus Repower is a full-featured powertrain conversion of an existing diesel transit bus to a battery-electric bus. A repower is a cost-effective and timely solution for transit agencies. The Transit Bus Repower powertrain is a product that our customers have been demanding for some time.