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KLD Energy completes $10M convertible debt offering, bringing total capital raised to almost $26M

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KLD expects to use funds from the debt offering for further, multi-industry development of the company’s high-performance electric motor system; research and introduction of new products; and global expansion. Today, KLD has commercial agreements with Eclimo Sdn Bhd of Malaysia and Australia-based Vmoto Ltd.,

Convert 210
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LanzaTech closes $55.8M Series C round; PETRONAS on board as investor

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New investors include PETRONAS Technology Ventures Sdn Bhd, the venture arm of PETRONAS, the national oil company of Malaysia, and Dialog Group, a leading Malaysian integrated specialist technical services provider to the oil, gas and petrochemical industry. To date, the company has raised more than $85 million.

Waste 186
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Gevo contracts with Mustang Engineering for the conversion of Gevos renewable isobutanol to biojet fuel

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The advent of the jet fuel carbon tax on international flights landing in the European Union is motivating the airline industry and fuel suppliers to seek cost-effective, renewable alternatives to petroleum jet fuel. Once completed successfully, the company will initiate jet engine testing with engine manufacturers.

Renewable 278
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New study finds GHG emissions from palm oil production significantly underestimated; palm oil biofuels could be more climate-damaging than oil sands fuels

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Based on visual interpretation of high-resolution (30 m) satellite images, a new study in the journal Global Change Biology: Bioenergy determined that industrial plantations covered over 3.1 When peat swamps are drained for agriculture, the peat begins to decompose, and is an enormous source of carbon emissions.

Oil-Sands 314
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TSMC’s Energy Demand Drives Taiwan’s Geopolitical Future

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The wind blowing in from the Taiwan Strait regularly blasts across Changhua Coastal Industrial Park. Power use by TSMC increased by 85 percent between 2017 and 2022—30 times as fast as Taiwan’s industrial sector as a whole. square kilometers of solar farms generate electricity for Taiwan ’ s grid.

Taiwan 109