Green Car Congress

DECEMBER 21, 2010

Elevance Renewable Sciences, Inc., which is commercializing olefin metathesis technology for renewable fuels and chemicals, has raised $100 million in its Series C financing round. The technology underlying ERS’ processes is based on the work of Nobel Laureate Dr. Robert H. Earlier post.).

Financing 210

Financing Renewable South America Energy 210

Green Car Congress

JUNE 21, 2021

Aemetis awarded an engineering services contract to Worley for the Aemetis ‘Carbon Zero’ renewable jet and diesel plant in Riverbank, California. The Aemetis Carbon Zero renewable jet and diesel project is designed to hydrotreat renewable oils with hydrogen from orchard and forest wood waste. Earlier post.)

Renewable 186

Renewable Carbon Diesel Engine 186

Green Car Congress

MARCH 31, 2014

Cool Planet Energy Systems, a renewable fuels and biochar company ( earlier post ), closed on its targeted $100 million Series D financing. Cool Planet’s sources of biomass include corn stover, wood chips, and fast growing, non-food energy crops such as miscanthus. Click to enlarge.

Financing 225

Financing Renewable Companies Fuel 225

Green Car Congress

MAY 21, 2014

Renewable Energy Group, Inc. The Geismar facility, completed in 2010, was the first large scale renewable diesel biorefinery built in the US. REG is a long-term customer of ours, buying fats, oils and greases to make renewable fuel, and we hope to continue that relationship. Earlier post.)

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Renewable Diesel Louisiana Fuel 199

Green Car Congress

JUNE 1, 2011

A subsidiary of Valero Energy Corporation will provide financing to Diamond Green Diesel LLC, a previously announced joint venture project between Darling International and Valero Energy Corporation ( earlier post ), for the construction of its renewable diesel facility in Norco, Louisiana.

Financing 186

Financing Renewable Diesel Louisiana 186

Green Car Congress

APRIL 16, 2014

The US Department of Energy (DOE) issued a draft loan guarantee solicitation for renewable energy and energy efficiency projects located in the US that avoid, reduce, or sequester greenhouse gases. Drop-in Biofuels. DOE anticipates qualifying projects may include, but?are

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Renewable Energy Grid Waste 281

Green Car Congress

DECEMBER 22, 2014

The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. Earlier Bloomberg New Energy Finance analysis showed that, with gasoline at $2.09

Oil Prices 268

Oil Prices Oil Price Carbon 268

Green Car Congress

JUNE 2, 2013

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. Project VGV uses surplus electricity generated by renewable and nuclear sources to produce hydrogen via electrolysis.

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Volt Financing Gas Power 334

Green Car Congress

AUGUST 22, 2012

Estimated consumption subsidies, industrial and developing countries, fossil fuels and renewables. Fossil fuel subsidies continue to far outweigh support for renewable energy, according to new research conducted for the Worldwatch Institute’s Vital Signs Online service. Source: Worldwatch. Click to enlarge.

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Renewable International Fuel Energy 312

Green Car Congress

JULY 22, 2009

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Energy Markets in a State of Change. M barrels/day of oil within the next 10 years ”.

Financing 150

Financing Renewable Stimulus Package Energy 150

Green Car Congress

JULY 30, 2023

The Assessment Framework builds on Canada’s commitment under the 2021 Glasgow statement to end new direct public support for the international unabated fossil fuel energy sector. C, and account for the availability of credible alternative energy sources. Support clean energy, clean technology, or renewable energy.

Canada 150

Canada Fuel Climate Change Financing 150

Green Car Congress

OCTOBER 5, 2022

Rolls-Royce Power Systems and SOWITEC, a specialist in renewable energy projects, have agreed to cooperate with the aim of providing power-to-X projects with a total electrolysis capacity of up to 500 megawatts by 2028. With more than 4.2 With more than 4.2

Power 186

Power Powered Hydrogen South America 186

Green Car Congress

MAY 14, 2019

Global energy investment stabilized in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review.

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2018 Global Energy Coal 191

Baua Electric

JANUARY 10, 2024

The world added 50% more renewable capacity in 2023 than in 2022 –and that means it has a real chance of achieving the goal set by governments at the COP28 climate change conference of tripling global capacity by 2030. The increases in renewable energy capacity in the US, Europe, and Brazil also hit all-time highs.

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Renewable Solar Financing Installation 52

Green Car Congress

AUGUST 16, 2018

Neste, the leading producer of renewable diesel, UK-based chemical recycling company ReNew ELP, and Australian technology developer Licella are collaborating in a development project to explore the potential of using mixed waste plastic as a raw material for fuels, chemicals, and new plastics. Earlier post.). Earlier post.).

Waste 170

Waste Renewable Fuel Oil 170

Green Car Congress

APRIL 3, 2012

Solazyme produces tailored oils using heterotrophic algae grown in industrial fermenters. Algae-based renewable oil company Solazyme, Inc. Algae-based renewable oil company Solazyme, Inc. will have an expected annual production capacity of 100,000 metric tons of oil. Source: Solazyme. Click to enlarge.

Brazil 210

Brazil Oil Renewable Commercial 210

Green Car Congress

NOVEMBER 13, 2022

Based on BNEF’s New Energy Outlook, its annual long-term scenario analysis on the future of the energy economy, the report examines how Indonesia’s energy supply may evolve under BNEF’s Economic Transition Scenario (ETS) as well as a Net Zero Scenario (NZS) compliant with the goals of the Paris Agreement. trillion under the NZS.

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Indonesia Coal Lithium Ion Asia 195

Green Car Congress

MAY 11, 2017

Renewable Energy Group will acquire approximately 82 acres of land at its Geismar, Louisiana biorefinery from Lion Copolymer. With the recent increase in production at REG’s Geismar site and the growing market demand for renewable hydrocarbon diesel, we believe now is the right time to evaluate capacity expansion opportunities.

Renewable 150

Renewable Diesel Louisiana Illinois 150

Green Car Congress

APRIL 17, 2017

US-based biotech startup Amfora and CSIRO (Commonwealth Scientific and Industrial Research Organisation, the federal government agency for scientific research in Australia) signed an agreement to advance development and commercialization of technology to produce oil in the leaves and stems of plants as well as the seeds. Source: CSIRO.

Oil 170

Oil Production San Francisco Green 170

Green Car Congress

FEBRUARY 8, 2023

bp says that it will invest more in the energy transition and bp’s own transition, with up to $8 billion more slated for transition growth engines (TGEs) by 2030. These include higher-return bioenergy, and convenience & EV charging; and focusing hydrogen and renewables & power where bp can leverage integration. In 2022, bp invested $4.9

Engine 150

Engine Oil Hydrogen 2019 150

Green Car Congress

JANUARY 18, 2012

In its 2011 year-end report, Road Map to Renewal , the President’s Council on Jobs and Competitiveness (Jobs Council) made a number of recommendations to create jobs in the short run and improve US competitiveness over the long term. America must do likewise.

Renewable 236

Renewable Energy Fuel Coal 236

Green Car Congress

JANUARY 3, 2014

An article in the latest issue of IEA Energy: The Journal of the International Energy Agency reports that Estonia, which has the most developed oil shale industry in the world, is collaborating in pursuing wider use of oil shale in a cleaner, more sustainable manner. Different that shale oil—i.e.,

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Estonia Oil Cleaner Jordan 236

Green Car Congress

FEBRUARY 10, 2015

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. It is then isolated and purified, while the algal biomass is processed to extract and produce a bio-oil co-product.

Financing 150

Financing International Florida India 150

Baua Electric

APRIL 17, 2024

Vedanta has acquired two plants — Meenakshi Energy Ltd in Andhra Pradesh with a capacity of 1 GW, and Athena Power in Chhattisgarh with a capacity of 1.2 Mining conglomerate Vedanta Ltd has secured an 11-year term loan of INR 3,918 crore from Power Finance Corporation Ltd ( PFC ), sources said.

Auto 52

Auto India Financing Coal 52

Green Car Congress

SEPTEMBER 21, 2022

Amogy, a developer of energy-dense ammonia power solutions ( earlier post ), and Trafigura , one of the largest physical commodity trading groups in the world, are partnering to study the use of ammonia as a carrier to transport clean hydrogen from point of production to point of consumption. Earlier post.).

Hydrogen 186

Hydrogen Global Supplies MIT 186

Green Car Congress

AUGUST 9, 2010

a renewable oil production and algal biotechnology company, announced that it has raised $52 million in its Series D financing round. Solazyme uses microbial fermentation to produce renewable oil that can be used for clean and scalable fuels, chemicals, nutritional food ingredients and health and wellness products.

Financing 170

Financing Chevron Oil Renewable 170

Green Car Congress

JUNE 2, 2022

The Long-Term Electric Vehicle Outlook outlines two scenarios for the uptake of electric transport to 2050, and examines impacts on demand for batteries, materials, oil, electricity, infrastructure and emissions. million barrels of oil demand per day. —Aleksandra O’Donovan, head of electric vehicles at BloombergNEF.

Transportation 473

Transportation Emissions Fleet Economy 473

Green Car Congress

MARCH 28, 2012

During a campaign speech, Alberta Premier Alison Redford proposed a $3-billion government-funded research agency to support oil sands environmental research. Redford said she would revive the Alberta Oil Sands Technology and Research Authority (AOSTRA) as AOSTRA 2. Globe and Mail.

Oil-Sands 231

Oil-Sands Oil Financing Renewable 231

Green Car Congress

NOVEMBER 10, 2014

Lux Research has investigated the trends of corporate financing of alternative fuels from oil majors, based on a non-exhaustive database of more than 1,000 deals and partnership engagements from 2000 through September, 2014. Less active oil majors in this space include ExxonMobil and ConocoPhillips.

Alternative Fuels 225

Alternative Fuels Oil Chevron Fuel 225

Green Car Congress

OCTOBER 24, 2017

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 million award from the Department of Energy. —Kevin Weiss, CEO of Byogy Renewables.

Renewable 150

Renewable Gasoline Georgia Diesel 150

Green Car Congress

JANUARY 17, 2015

The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Real weighted average cost of capital is 7.5% Source: IRENA.

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Renewable Parts Power Powered 150

Green Car Congress

JUNE 15, 2021

Researchers at Argonne National Laboratory, with colleagues from Lawrence Berkeley, Oak Ridge, and National Renewable Energy labs, and the University of Tennessee, have published a comprehensive analysis of the total cost of ownership (TCO) for 12 sizes of vehicles ranging from compact sedans up to Class 8 tractors with sleeper cabs.

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Maintenance Cost Of Chad Plug-in 418

Green Car Congress

JANUARY 27, 2023

The US Department of Energy (DOE) will award some $118 million in funding for 17 projects to accelerate the production of sustainable biofuels. Financing for novel biorefinery process systems can be a barrier to commercializing advanced biofuels, and this funding will reduce technological uncertainties and enable industry deployment.

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Production Carbon Conversion Mariner 225

Cars That Think

JANUARY 18, 2023

When we turn up the heat in our homes and workplaces, we must balance our personal need for warmth with the global impact of burning fossil fuels like oil, gas, coal, and biomass. It is a daunting question that a startup called Polar Night Energy, in the small and chilly nation of Finland (Figure 1), is attempting to answer.

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Store Solar Building Oil-Sands 92

Green Car Congress

NOVEMBER 9, 2010

At the current pace of research and development, replacing gasoline and diesel with renewable fuel alternatives could take some 131 years, according to a new University of California, Davis, study using a new sustainability forecasting approach based on market expectations. The forecast was published online 8 Nov.

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Davis Renewable Gasoline Market 300

Green Car Congress

NOVEMBER 30, 2020

In cooperation with a major European supplier, a new oil-lubricated common-rail pump had therefore been developed. The research project is co-financed by the Swiss Federal Office of Energy (FOEN). In addition, the valves and valve seat inserts were converted to materials suitable for DME.

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Engine Fuel Exhaust Gas-Electric 410

Green Car Congress

DECEMBER 9, 2011

At that time, Mascoma, Valero, and Mascoma’s operating subsidiary, Frontier Renewable Resources LLC, jointly owned with natural resource management company, J.M. 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.

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Financing Commercial Michigan Corporation 210