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INEOS Bio JV Closes $75M in private financing under USDA loan guarantee program for advanced BioEnergy Center in Florida

Green Car Congress

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.

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Algenol closes on additional $25M internal equity financing

Green Car Congress

Founded in 2006, Algenol converts CO 2 from industrial emitters into transportation fuels through its Direct-To-Ethanol process. Algenol has recently commenced initial operations of a pilot commercial module at its Florida development campus, which builds on the successful launch of a demonstration project in India.

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The Godfather of South Korea’s Chip Industry

Cars That Think

Korea Advanced Institute of Science and Technology (KAIST) assumed top posts in the industry as well as coveted positions teaching or researching semiconductors at universities and government institutes. awarded him its prestigious Ho-Am Prize in 1993 for “building a solid foundation for Korea’s semiconductor industry.” Frederick E.

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US Geothermal Power Could Top 10 Gigawatts, New Industry Report Says

Green Car Congress

According to the GEA this was due to 4 new geothermal power projects moving to completion, but also reflects difficulty obtaining final permits and difficulty obtaining financing. The recession, as the report confirms, is having an impact on the industry, according to the GEA. Geothermal projects under development. California.

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Saft begins deliveries of first lithium-ion batteries produced by new Jacksonville plant

Green Car Congress

Jacksonville, Florida. Starting volume industrial-scale deliveries to customers from the Jacksonville plant opened in September this year confirms the sound foundations we have put in place, both in terms of the advanced production technology we have implemented and the team of people we brought together to run it.

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US DOE announces 3 consortia for $125M US-India Joint Clean Energy Research and Development Center; solar, second-generation biofuels and buildings

Green Car Congress

These consortia—led in theUS by the National Renewable Energy Laboratory (NREL), the University of Florida, and Lawrence Berkeley National Laboratory (LBNL)—will bring together experts from national laboratories, universities, and industry in both the US and India. MEMC Corporation; and Solarmer Energy Inc. Thermax Ltd.;

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Driving Fairness Among EV Charging

Blink Charging

For example, Florida House Bill 737 (2022) would have ended the current practice of letting the electric utility companies make customers pay for the financing of charging station development in 2024 and write rules to encourage competition and private investment. The electric vehicle industry is still in its early stages.