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Alphabet Energy closes $23.5M Series C; thermoelectric waste-heat-to-power for oil & gas and automotive

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million Series C round of financing. Schlumberger, a new investor from the oil and gas industry, led the round with participation from GM Ventures and Osceola Capital Management, LLC. For example, the US Environmental Protection Agency (EPA) recently announced new regulations to limit methane emissions in the oil and gas industry.

Waste 150
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Global Bioenergies picks up new €1.4M financing for isobutene program; targeting Germany expansion

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France-based Global Bioenergies, the developer of a one-step fermentation processes for the direct and cost-efficient transformation of renewable resources into light olefins, has obtained new €1.4-million million) financing from Bpifrance on the isobutene program. —Marc Delcourt, CEO of Global Bioenergies. million (US$1.6-million)

Financing 150
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Audi introduces R33 Blue Gasoline for factory fills in Germany

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R33 Blue Gasoline and R33 Blue Diesel consist of one-third renewable components, based exclusively on residual and waste materials. ethanol—and 23% bionaphtha, which is obtained from residual materials such as tall oil, which is a by-product of pulp production. HVO (hydrotreated vegetable oil)—and 7% biodiesel.

Gasoline 492
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Neste, ReNew ELP and Licella to collaborate in utilization of waste plastic as a raw material for fuels and chemicals

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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
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Aemetis selects Worley to provide engineering for renewable jet and diesel production plant; Axens technology

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The Aemetis Carbon Zero renewable jet and diesel project is designed to hydrotreat renewable oils with hydrogen from orchard and forest wood waste. Founded in 2006, Aemetis has completed Phase 1 and is expanding a California biogas digester network and pipeline system to convert dairy waste gas into Renewable Natural Gas (RNG).

Renewable 186
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GE study finds 5% of worlds natural gas production wasted per year by flaring

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A newly released GE study — Flare Gas Reduction: Recent Global Trends and Policy Considerations —estimates that 5% of the world’s natural gas production is wasted by burning or “flaring” unused gas each year, despite some progress on the flaring issue. Gas-flaring countries and trends. Click to enlarge.

Waste 260
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Global Oil Major Total Invests in Coskata, Inc.

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a developer of thermochemical platform technology for the production of biofuels and biochemicals from biomass and waste materials, has closed a Series C-Prime funding round led by French oil major Total, which will have a seat on the Board of Directors. Coskata Inc.,

Oil 186