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USDA to provide $105M loan guarantee to Fulcrum Sierra Biofuels; municipal solid waste to ethanol

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The US Department of Agriculture (USDA) announced a $105-million loan guarantee to Fulcrum Sierra BioFuels, LLC to finance development of a facility to convert municipal solid waste into advanced biofuels. With the loan guarantee finalized, the company will secure bank financing, which when combined with private equity capital provided.

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USDA provides $91M loan guarantee to Cool Planet for biogasoline blendstock plant; biomass pyrolysis and catalytic conversion

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The Cool Planet plant will produce approximately 8 million to 10 million gallons of high-octane, renewable gasoline blendstocks (reformate), as well the biochar, all made from sustainable wood residues. Because the material can be heated within a relatively narrow temperature range, the non-volatile component (i.e.,

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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

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

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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. Award amounts range from $500,000 to $80 million, with most receiving at least $2 million. Comstock Inc.,

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KiOR seeks to double cellulosic fuels production at Columbus plant; $50M in from Khosla for Columbus II

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Khosla Ventures and Khosla are prepared to fund these commitments either as part of a broader debt and/or equity financing structure, in connection with a note that would convert at a premium to the current price of the common stock or on alternative terms if requested by KiOR, and mutually agreed by the parties. Earlier post.).

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DOE to award $11M to 20 new Clean Cities projects for alt fuel cars and trucks

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The Michigan Fuel Forward project will work with a wide range of partners. compressed natural gas (CNG) cylinder tracking system and Renewable. The Unlocking Private Sector Financing for Alternative Fuel Vehicles and. The Advancing Alternative Fuel Markets in Florida project will develop. Clean Energy. of State Energy.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

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Florida Power and Light Company. Charging infrastructure financing: Unlocking Up $4.5 billion in loan guarantees to support innovative renewable energy and energy efficiency projects in the United States. Among the actions announced are: Unlocking up to $4.5 Con Edison. Connecticut Green Bank. Dayton Power & Light Company.

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