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VERBIO launches first cellulosic RNG plant in the USA

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The VERBIO Nevada (Iowa) Biorefinery began producing renewable natural gas (RNG) on an industrial scale in December 2021. Renewable natural gas from the VERBIO Nevada Biorefinery is injected into an Alliant Energy pipeline before being distributed across the country. Nevada is just the beginning.

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Global geothermal industry passes 12,000 MW operational

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New geothermal power came on line in Kenya, New Zealand, Nicaragua, Turkey, and Mexico, as well as Oregon, Nevada and Utah in the United States. GEA member commitments to financing and development stages included MidAmerican’s $1 billion pledge to extend the life of its Salton Sea, California geothermal fields.

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USDA to award $11M loan guarantee to Oregon biorefinery

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with an $11-million loan guarantee through the Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program. Novus is working with an Oregon lender, Old West Federal Credit Union, to finance the project. million cubic feet of renewable natural gas, 350 gallons of liquid fertilizer, and 11.2

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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. The output from each catalytic array when cooled is comprised of volatile gases, renewable fuel and water. Earlier post.).

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DOE Announces Nearly $1.4B in Conditional Loan Guarantees for BrightSource Energy

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This would nearly double the existing generation capacity of this type of renewable energy in the US. The three-plant Ivanpah Solar Complex will be located on federally-owned land in the Mojave Desert in southeastern California, near the Nevada border, and will be the world’s largest operational concentrated solar power complex.

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

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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. Financing is expensive and scarce, and available lenders are requiring much more work be done before they will finance projects. California.