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Gevo to deploy Shockwave process to lower the carbon intensity of its ethanol, isobutanol

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Shockwave is financing its equipment required for this multi-million dollar project and is providing certain performance guarantees for the Shockwave Process. No longer do we have to think about competition for land between food and low carbon intensity fuels, we believe we could do them both, sustainably. Patrick Gruber, Gevo CEO.

Carbon 186
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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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). Renewable energy projects are frequently financed with project rather than corporate finance. by Bill Cooke.

Financing 150
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Additional $47M to 7 ARPA-E SCALEUP projects; $27M to 3 advanced battery projects for EVs and electric aviation

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These newly selected SCALEUP teams will add to previously selected “Fast Track” teams announced in September 2020, who received early funding due to disruptions in the investor and R&D financing communities caused by COVID-19. This project will demonstrate that the IM PE can be a low-cost component in safe, solid-state Li-ion batteries.

Li-ion 199
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Thermoelectric startup GMZ Energy secures $14M in Series C funding

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Thermoelectric material developer GMZ Energy ( earlier post ) has secured $14 million in Series C financing. With the new funding, GMZ will expand its engineering and go-to-market capabilities as the company moves into production of its thermoelectric technologies.

Energy 218
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DOE to award $118M to 17 projects to accelerate domestic biofuel production

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Made from widely available domestic feedstocks and advanced refining technologies, energy-dense biofuels provide a pathway for low-carbon fuels that can lower greenhouse gas emissions throughout the transportation sector and accelerate the bioeconomy. MicroBio Engineering Inc., MicroBio Engineering Inc.,

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Diesel Blend with Cyclic Oxygenate Cuts Soot by 50%

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This substance is released in great quantities as a waste product in the paper industry, among others. The Eindhoven researcher wants to try and develop an industrial process for making cyclohexanone from waste lignin on a large scale and at low cost. His research was financed by STW technology foundation and DAF Trucks.

Diesel 199
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CalSEED awards $4.2M to early-stage clean energy innovations

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Cyclonatix, Inc is developing an industrial-sized motor/controller to operate with either DC or AC power sources, for applications in electric vehicles, solar-powered pumps, HVAC&R, gas compressors, and other commercial and industrial machines which require high efficiency, variable speed/torque, and low cost.

Clean 371