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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. Catalytic Conversion: Cool Planet has developed a number of proprietary catalytic conversion processes to convert these useful hydrocarbon components into different types of fuels.

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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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Cool Planet’s biogasoline blendstock is 100% compatible with pump gasoline. Cool Planet has devised a biomass-to-liquids thermochemical conversion process that simultaneously produces liquid fuels and sequesterable biochar useful as a soil amendment. One of the catalytic conversion processes creates the high-octane gasoline blendstock.

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Lishen and ZAP in strategic alliance; funding for several thousand EV conversions in US

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ZAP, over the last few years has been pursuing the EV fleet market in the US, and developed a custom designed power train for a US delivery fleet with the goal of becoming a supplier for the electric powertrain which will replace the gasoline ones currently being used.

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ADEME awarding €3.1M to Global Bioenergies and IBN-One plant project

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Financing a first of its kind plant, based on an innovative technology is always a challenge. Progress in engineering and forecasted prices for our products now higher than initially anticipated are fueling our optimism regarding the plant’s financing within the new schedule. Global Bioenergies will soon be receiving €2.6

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Phase 1 of DOE-funded ABBA Integrated Biorefinery project begins; renewable jet, gasoline, diesel and nanocellulose

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The project, which will co-produce full replacement renewable jet fuel, gasoline, diesel and Bioplus nanocellulose from woody biomass in an integrated biorefinery at AVAPCO’s site in Thomaston, Georgia, has received a $3.7-million Its scope includes definition engineering, permitting, and financing activities. Earlier post.).

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KIT’s fast biomass pyrolysis to liquids bioliq plant produces first gasoline

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Depending on the synthesis path, either diesel or gasoline can be generated. The synthesis stage converts synthesis gas into gasoline fuel based on two reaction steps. Downstream hot gas cleaning removes impurities such as particulate matter, chlorine and nitrogen compounds.

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GE Energy Financial Services joins $8M investment round in biomass-to-gasoline startup

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Gas chromatograph traces of conventional 87 octane gasoline (top) and CoolPlanetBioFuels drop-in gasoline produced from corn cobs. This venture capital investment was led by North Bridge Venture Partners, which had also led CoolPlanet’s financing round last year. Source: CoolPlanetBioFuels. Click to enlarge.

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