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Waste-plastic-to-crude company Agilyx obtains $25M Series C financing

Green Car Congress

Agilyx Corporation has secured a new round of Series C funding worth $25 million, led by new investor Keating Capital and joined by existing investors Kleiner Perkins Caulfield & Byers, Saffron Hill Ventures, Waste Management, Total Energy Ventures International, an affiliate of Total S.A., Earlier post.). 10 pounds of plastic.

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

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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. Earlier post.) The INEOS Bio process has three main steps: Gasification.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

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). Renewable energy projects are frequently financed with project rather than corporate finance. by Bill Cooke.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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Wind, solar, biomass and waste-to-power, geothermal, small hydro and marine power contributed an estimated 9.1% billion, a 10-year low; biomass and waste-to-energy dropping 10% to $8.4 There were seven billion-dollar-plus financings of offshore wind projects, boosting the investment totals for the Netherlands, the UK and Germany.

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How to plan energy resilience for EV charging stations

Setec Powerr

In most cases, “energy resilience” refers to the ability to maintain power supply during localized outages. Beyond the obvious lost revenue costs, there are also hard-to-quantify costs such as non-productive labor and waste. On-site solar also serves as an important hedge against rising energy prices and volatility.

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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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Often referred to as a “drop-in” fuel, reformate is an ingredient in gasoline and jet fuel that can be added during the regular refinery process. USDA’s loan commitment to Cool Planet is being financed from the remainder of the Biorefinery Assistance Program funds authorized in the 2008 Farm Bill. Earlier post.).

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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

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This article discusses: (a) why the focus should have been on the transfer of proven renewable energy technology from developed to developing countries; and (b) how this technology transfer can be financed with currently available funds. But starting to raise immediate finance is more important than determining its exact future size.