This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
RWE's FUREC project, which aims to produce circular and green hydrogen from non-recyclable municipal solid waste in Limburg, the Netherlands, received a €108-million grant from the EU’s Innovation Fund. FUREC receives funding from the EU Innovation Fund, which is 100% financed by the EU Emissions Trading System (ETS). textiles, paper).
Fulcrum’s fully-integrated processes for converting MSW to jet fuel, diesel and ethanol have been proven and demonstrated at Fulcrum’s demonstration facility located in Durham, North Carolina. million grant by the US Department of Defense (DoD) to begin engineering and development on a plant to produce jet fuel. Earlier post.).
Fulcrum will gasify 147,000 tons of municipal solid waste to produce synthesis gas which it then will catalytically convert to synthetic paraffinic kerosene/jet fuel via a Fischer-Tropsch (FT) process. million grant by the US Department of Defense (DoD) to begin engineering and development on a plant to produce jet fuel.
million grant from the Commonwealth of Pennsylvania to move forward on the construction of a facility to demonstrate its integrated coal-biomass-to-liquids (CBTL) technology platform ( earlier post ) at Intertek PARC, located at the U-PARC facility in Pittsburgh. Accelergy Corporation has received a $1.3-million Earlier post.)
As part of the agreement the partners will offer aircraft leasing and financing solutions that enable operators to run zero-emission flights. MONTE and ZeroAvia aim to retrofit the aircraft for clients starting in 2024 and will provide and finance maintenance and hydrogen availability services to support these operations.
million) grant, should include a three-year study at the Fraunhofer Center for Chemical-Biotechnological Processes (CBP). million grant from the BMBF within the “BioEconomy Cluster” framework. million state financing through the French “Investissements d’Avenir” program. million (US$7.7-million)
INEOS Bio announced that its joint-venture project, INEOS New Planet BioEnergy (INPB), has finalized $75 million in private financing utilizing the US Department of Agriculture (USDA) loan guarantee program for its new Indian River BioEnergy Center located in Florida. million dollar cost matching grant from the State of Florida.
These costs are fully funded, with Valero providing the majority of the financing, and the remainder from awards by the US Department of Energy (DOE) and the State of Michigan. Construction of the Kinross facility is anticipated to start in the next three to six months and is expected to be completed by year-end 2013.
million) financing from Bpifrance on the isobutene program. Bpifrance granted Global Bioenergies a “Zero Percent Interest Innovation Loan” (Prêt à Taux Zéro Innovation) to adapt its isobutene process to certain specific industrial environments. million (US$1.6-million) million interest-free loan over seven years.
France-based Global Bioenergies announced that its German subsidiary, Global Bioenergies GmbH, secured a €400,000 (US$446,000) grant from the BMBF (the German federal ministry for research and education) to finance a 14-month-project aimed at producing renewable gasoline additives. million tons per year). Earlier post.)
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
These grants will support 123 projects in 39 states, with recipients including private industry, academic institutions, tribal entities, local governments, and DOE’s national laboratories. The grants will be matched more than one-for-one with an additional $353 million in private and non-Federal cost-share funds.
has executed a letter of engagement with BNP Paribas to act as financial advisor to assist and support ClearFuels in securing senior secured debt financing for its commercial thermochemical Biomass-to-Liquids (BTL) biorefinery projects. These services would be directed, in part, to create financing plans for the commercial projects.
Founded in 2006, Algenol converts CO 2 from industrial emitters into transportation fuels through its Direct-To-Ethanol process. Algal fuels producer Algenol has closed on a $25-million dollar investment from BioFields, a Mexican business group devoted to the development of renewable and clean energy projects.
Altogether, the five-year program will deliver more than $136 million in research and development grants to public and private sector partners in 22 states. The grants announced by Vilsack in Seattle today came through USDA’s National Institute of Food and Agriculture (NIFA).
The company also successfully converted the cellulosic isobutanol into isobutylene and paraffinic kerosene (jet fuel). The grant supports the ongoing development of a cellulosic biocatalyst that Gevo exclusively licensed from Cargill. The production of isobutanol from cellulosic biomass is the subject of a previously announced $1.8
The plant’s output, when converted into battery systems, has a revenue capacity of up to $250-$550 million. Financing is planned through debt and grants. Electrovaya Inc. announced plans to acquire the assets of a battery manufacturing plant with annual capacity of about 0.5 Gigawatt hours (GWh).
BNP Paribas will act as financial advisor in connection with assisting and supporting ClearFuels in securing financing arrangements for senior secured debt for the project. million conditional grant from the US Department of Energy. ClearFuels expects to begin receiving funds from this grant by the end of March. Earlier post.).
These include: Managing infrastructure upgrades and utility interconnections; Establishing an optimal charging strategy based on drive cycle and duty cycle; Providing debt financing or securing grant funding for reducing capital expenditures; and. Implementing resiliency plans where needed.
The US National Science Foundation (NSF) has issued a grants opportunity notice ( PD-14-7644 ) for up to about $13 million in awards to fundamental research and education that will enable innovative processes for the sustainable production of electricity and transportation fuels. Batteries Biomass Financing Fuels Power Generation'
Conducted by Georgia Tech, the project is financed by a $50,000 Ford College Community Challenge Grant, one of five given annually for a student-led project that matches university resources with an urgent community need related to sustainability. Atlanta Public Schools (APS) donated the bus for the project.
The BioMA+ project is financed by the ADEME in the context of the French “Investissements d’Avenir” State program. The project targets the development of a value chain that converts renewable resources into isobutene and subsequently into methacrylic acid, an essential component of acrylic paints. million (US$5.5 million (US$5.5
Global Bioenergies, a developer of one-step fermentation processes for the direct and cost-efficient transformation of renewable resources into light olefins, and Cristal Union, the 4 th largest European beet producer, have formed IBN-One, a joint venture to build and operate the first plant in France converting renewable resources into isobutene.
In the second step, the syngas is passed over a proprietary catalyst to produce methanol, which can then be converted in an additional reactor to ethanol. Range received a $76-million grant from DOE to help build a 40 MGY wood-based ethanol plant in 2007. In January 2009, Range was awarded an $80-million loan guarantee from USDA.
The two-year bioenergy project is funded in part by a grant from the US Department of Energy. For instance, switchgrass biomass with lower amounts of sulfur or ash would be considerably less costly to convert into fuel. —Christopher Peters, vice president of finance at CHOREN USA. Ceres ARPA-E Award. Earlier post.).
The rig concept can easily be converted for work in deep water, high pressure high temperature (HPHT) operations and arctic regions. Statoil has granted Songa Offshore a bridge financing for the 20% down payment to DSME that is based on standard market terms and conditions.
The Carbon Zero project team includes Koch Project Solutions as the EPC, Worley for engineering and technical solutions, Axens for process engineering and technology license, and ATSI serving as owner’s representative, working with our in-house Aemetis technology, development, finance, regulatory, and Global Sales and Trading team members.
The California Sustainable Energy Entrepreneur Development (CalSEED) program announced that the fourth cohort of innovative clean energy concepts has been approved by the California Energy Commission (CEC); 28 companies out of 212 were selected to receive grants of $150,000 each. CalSEED is administered by New Energy Nexus.
Edeniq, a private company founded in 2008, has raised approximately $100 million from some of the world’s leading venture capital firms, including Kleiner Perkins Caulfield & Byers, Draper Fisher Jurvetson, Angeleno Group, The Westly Group, I2BF Global Ventures, and other leading investors, as well as US Department of Energy (DOE) grant funding.
We are using solar energy captured by the plant to convert the leaf’s starch reserves into more energy-dense oil molecules, which significantly increases the energy value of the vegetative tissue where the oil accumulates.
billion financing transaction in exchange for a silicon carbide device capacity corridor. Wolfspeed and BorgWarner announced a strategic partnership that calls for BorgWarner to invest $500 million in Wolfspeed’s new $1.3-billion
The Softbank investment proceeds will therefore be an important component of the equity portion of the project financing as Nemaska continues to work on various complementary financing alternatives, including a USD 300-350 million debt financing and a USD 150-million streaming facility. of the outstanding shares.
Transit agencies began submitting their proposals after the FTA announced rules for the Transit Investments for Greenhouse Gas and Energy Reduction (TIGGER) grant program as part of the Recovery Act last March. Since President Obama signed ARRA into law in February, grants totaling more than $7.2 The DOT is making $48.1
Second, the US Department of Agriculture proposed a rule on the Biomass Crop Assistance Program (BCAP) that would provide financing to increase the conversion of biomass to bioenergy. USDA has proposed a rule for Biomass Crop Assistance Program (BCAP) to convert biomass to bioenergy and bio-based products.
The philanthropy is consulting with hybrid-engine scientists and automakers, and has arranged for the purchase of a small fleet of cars with plans to convert the engines so that their gas mileage exceeds 100 miles per gallon. The goal of the project is to reduce dependence on oil while alleviating the effects of global warming.
The Natural Gas Initiative has begun funding early stage, exploratory research, following a “seed grant” model used by Stanford’s Precourt Institute for Energy, one of NGI’s hosting organizations. Chemical Engineering’s Thomas Jaramillo is experimenting with electrochemically converting natural gas into higher-value products, like methanol.
Rock Tech Lithium has received a binding letter of intent (LOI) signed by the Ministry for Economic Affairs in Brandenburg, Germany for up to €90 million in subsidies for its Guben Lithium Converter Project. The project requires approximately €800 million in financing.
Osage Bio Energy (OBE) is a Virginia-based company that will use regional grain, primarily winter barley, to produce ethanol and high value co-products for East Coast markets via a fairly conventional pathway of converting starch to sugar, followed by fermentation. Longer term, OBE expects to have as many as four plants in the Mid-Atlantic.
It first gasifies the feedstock to syngas (CO and H 2 ), then uses proprietary microorganisms—licensed from Oklahoma State University and the University of Oklahoma—to convert simultaneously both CO and H 2 into ethanol. Scale up lots of times makes things better—there is more residence time to convert the gas into ethanol.
The Federal and state governments also expect the manufacturers to use self-financed competitive measures to provide incentives for the change of pre-Euro-5 diesel vehicles to vehicles with the latest exhaust gas aftertreatment or electric vehicles. Road measurements will also be carried out to check the NO x reduction.
Repurposing oil wells for battery-free energy storage “Our mission is to clean up and convert one million idle oil and gas wells into one million hours of clean energy storage,” said Kemp Gregory, CEO of Renewell Energy , based in Bakersfield, Calif. million grant from the U.S. million financing round.
PPPL converted Spitzer’s Model C stellarator into a tokamak in 1969. The Muse project was financed by internal R&D funds and used mostly off-the-shelf components. The company has secured some DOE research grants and is now focused on raising money from investors. Since then, tokamaks have dominated fusion-energy research.
The FY 2016 Request emphasizes development of innovative processes to convert cellulosic and algal-based feedstocks to bio-based gasoline, jet, and diesel fuels at a cost of $3.00 The Request also includes $52 million for R&D to strengthen energy infrastructure against cyber threats. $20 Also within the $10.7 Bioenergy Technologies.
Post Office will be converting a sizeable portion of its fleet of electric vans. An additional 250 zero emission trucks as well as 300 chargers will be funded by the grant. More and more, especially the smaller “last mile” trucks, are powered by electricity. Even the U.S.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content