Archive for the ‘Finance & Investment’ Category

1 billion gallons of camelina biofuels, $5.5 billion in new revenue, 25,000 jobs by 2025: new report

Thursday, March 25th, 2010

Biomass Advisors, the research division of Biofuels Digest, projected that one billion gallons of Camelina biofuel would be produced for the aviation and biodiesel sectors by 2025, creating 25,000 new jobs; producing over $5.5 billion in new revenues and $3.5 billion in new agricultural income for U.S. and Canadian farmers.

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Rumors aplenty at “standing-room only” WBM

Tuesday, March 16th, 2010

Sapphire, DARPA, Joule, Akuo, SunFuel in the news as World Biofuels Markets convenes.

In the Netherlands, World Biofuels Markets, which officially opened yesterday with 10 keynote speakers including former Norwegian PM Dr. Gro Harlem Brundtland, BP Biofuels CEO Philip New, former Netherlands PM Ruud Lubbers and current Netherlands Environment Minister Bernard ter Haar, got off to a roaring start Monday with delegates crowding standing room-only workshops on algal fuels, energy crops, sustainability, and congresses on biopower and bio-based products. Overall attendance figures of up to 1500 have been reported for WBM, a sharp increase over 2009’s 900 attendees.

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Waiting for Godot: The financing of advanced biofuels

Thursday, March 11th, 2010

Bluefire Ethanol is , a company which has graced the “50 Hottest Companies in Bioenergy” top 20 since its establishment — and which has won a series of DOE grants and competitive awards going back several years. Its weak acid hydrolysis process converts municipal solid waste and other municipal and agricultural residues to sugars and thereafter ethanol — a process proven at pilot and demo scale since 2004 with a project that was completed in Japan. Today, Bluefire has a fully-permitted, “shovel-ready” project in Lancaster, California that is stalled for lack of debt financing, and a project coming along quickly in Mississippi that will similarly hit a wall in a few months when permitting is complete.

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Torrefied Wood, A Bio-Energy Option That Is Ready to Go

Friday, March 5th, 2010

In 2007 the Congress passed legislation that mandated producing 16 billion gallons per year of 2nd generation biofuels from cellulosic biomass by Year 2022. Although many experts believe this “Renewable Fuels Standard” (RFS) could still be attained, progress toward that goal has bogged down. Processes under development for producing 2nd generation biofuels on a commercial scale have yet proved to be economic.

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Joining Forces for Renewable Energy in Europe

Friday, March 5th, 2010

EU – Europe’s research driven clusters in sustainable forest management and wood based industries have received new co-operation opportunities within the ROKFOR project which started on 23 February.

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FloridaAlgae’s Baby Bloomers revisited: after “the summer of algae,” a shock, some awe, and a surge

Monday, February 22nd, 2010

OriginOil’s new system

It was just a few months ago that expectations ran so high during the “Summer of Algae” that it seemed as if, any day, the national energy solution would be announced by an enterprising company, or two or three or 103, who had conquered the problems of industrializing growth rates and oil extraction like an assault team at Iwo Jima. Only the “we, band of brothers” would hold PhDs instead M-1 carbines. (more…)

Shell, Cosan announce $21 billion Brazilian ethanol JV: largest biofuels deal ever

Monday, February 22nd, 2010

In Brazil, Royal Dutch Shell announced an MOU with Cosan (CZZ) to make the largest investment in the history of biofuels, with an agreement to establish a 50-50 Brazilian ethanol joint venture with Cosan which will own 4,500 retail stations, sugar, ethanol, fuel distribution and power generation, and  the Shell aviation fuel distribution business. (more…)

60 Second Interview with Richard Stevens, Director – Research & Product Development, CME Group, London

Thursday, February 11th, 2010

CME Group is the world’s largest and most diverse derivatives marketplace, formed by the merger of the CME, CBOT and NYMEX, and plays a key role in helping producers, intermediaries and investors manage risk globally.

What has been CME Group’s involvement in the renewable fuels market? (more…)

The Who, What and When of Advanced Bioprocessing Technologies

Friday, December 18th, 2009

Policymakers are known to equate biofuels with first-generation ethanol, biodiesel, and cellulosic ethanol. More recently, they have embraced exotic technologies such as the algae platform for advanced biofuels. As one industry wag put it, “You tell them about first-generation, second-generation and third-generation biofuels, and then they tell you that the one that really want to get behind is fourth-generation.” (more…)

19 integrated biorefinery projects to receive up to $564 million for pilot, demonstration, and commercial scale facilities

Friday, December 18th, 2009

Increased funding to existing biorefinery projects

Bluefire Ethanol
DOE Grant: $81,134,686
Non-fed funding: $223,227,314

Fulton, MS: This project will construct a facility that produces ethanol fuel from woody biomass, mill residue, and sorted municipal solid waste. The facility will have the capacity to produce 19 million gallons of ethanol per year.
Demonstration Scale? (more…)