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Golar and Schlumberger form OneLNG JV; targeting development of low cost gas reserves to LNG

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Golar LNG Limited and Schlumberger have formed OneLNG, a joint venture to develop rapidly low cost gas reserves to LNG. This future financing will take into account Golar’s FLNG intellectual property through an equitable contribution mechanism to be agreed between the parties.

Low Cost 150
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SGB cuts time to maturity with new hybrid Jatropha from 5 to 1-2 years; $11M Series C financing

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an agricultural biotechnology and seed company enabling the production of high quality, low-cost and sustainable plant oil, protein and biomass, announced success in its program to create hybrid Jatropha which has both high yield and rapid time to maturity. Jatropha oil can be used as a biofuel feedstock.

Financing 210
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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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Alphabet Energy, a startup commercializing low-cost, efficient thermoelectric materials for power generation leveraging technology initially developed at the Lawrence Berkeley National Laboratory ( earlier post , earlier post ), has closed a $23.5-million million Series C round of financing.

Waste 150
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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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Using water at near or supercritical temperatures, the Cat-HTR process converts a wide variety of low-cost, waste feedstocks and residues into renewable biocrude oil, which can be refined using conventional refinery infrastructure to second-generation biofuels and valuable renewable chemicals. Earlier post.).

Waste 170
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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). Dr. Paul addressed a positive change—the days of increasing US oil consumption may be over. “ by Bill Cooke. Billion vs. $28.3

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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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. The corn oil we plan on producing with the Shockwave Process is expected to be food-grade rather than fuel-grade.

Carbon 186