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Calumet’s Montana Renewables became the largest SAF producer in North America in Q2

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—Bruce Fleming, CEO Montana Renewables and EVP Corporate Development The planned hydraulic expansion and MaxSAF developments both continue as the company strategically seeks to grow its first-mover position in the rapidly accelerating SAF market. With these milestones met, we have demonstrated Untreated EBITDA of $1.25

Montana 150
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USDA providing $9.6M to create 9,000 acres of BCAP project areas for non-food energy crop production

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BCAP, created in the 2008 Farm Bill, helps farmers and forest land owners with start-up costs of planting new energy crops that can take several years to reach maturity until harvest, a timeline designed to parallel the construction schedule of commercial-scale energy facilities that will use these crops.

Arkansas 218
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LA-based SMLC to lead new DOE Smart Manufacturing Innovation Institute; ~$800M for 5 new hub competitions

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The Smart Manufacturing Innovation Institute will focus on accelerating the development and adoption of advanced sensors, data analytics, and controls in manufacturing, while reducing the cost of these technologies by half and improving the efficiency of US advanced manufacturing. Missouri U. manufacturers and the nation up to 1.6

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ARPA-E Selects 37 Projects for $106M in Funding in Second Round; Electrofuels, Better Batteries and Carbon Capture

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Of the lead recipients, 24% are small businesses, 57% are educational institutions, 11% are national labs, and 8% are large corporations. This project will develop and optimize a novel, engineered microorganism that produces a biodiesel-equivalent fuel from renewable hydrogen and carbon dioxide, at costs of less than $2.50 per gallon.

Carbon 249
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ARPA-E announces $36M for high-temperature materials projects

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Missouri University of Science and Technology. Missouri S&T will combine a novel additive manufacturing technique, called ceramic on-demand extrusion, and ceramic fusion welding techniques to manufacture very high temperature heat exchangers for power cycles with intense heat sources. General Electric Company, GE Global Research.

Low Cost 207