Jun 30, 2009
Biofuel company plans jatropha refinery in Florida
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Jun 30, 2009
Bache Commodities Group has launched the Bache Commodity Green Index (BCGI) to offer investors a tool to invest in commodities with a focus on biofuels.
The BCGI comprises two components: the Bache Biofuel Composite and Bache Clear Air Composite. The Bache Biofuel Composite includes agricultural commodities such as corn and sugar used for ethanol production, along with... [Read More]
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Jun 29, 2009
US, Ohio-based Dayton Power and Light (DP&L) has issued a request for proposals to use biofuels at its generating stations.
The company is stepping towards incorporating renewable energy resources into its services.
DP&L has indicated its plans to purchase a maximum of 15,000 tonnes of biomass fuels by the end of 2009 and a maximum of 100,000 tonnes in the following... [Read More]
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Jun 29, 2009
Cavendish Farms, a North American potato product producer, has finalised the construction of an anaerobic digestion facility that will generate biogas from potato waste.
The project is a first for the potato industry.
The new plant in Price Edward Island, Canada, will accompany the existing wastewater treatment facility, and will handle production rates of 120,000... [Read More]
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Jun 29, 2009
The US Department of Agriculture could offer US farmers greater financial incentives for developing cellulosic ethanol projects.
The USDA announced it would guarantee $80 million (€57 million) in loans for the production of cellulosic ethanol.
Increased biofuel production will be necessary as the industry works to comply with current national energy policy, which is... [Read More]
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Jun 29, 2009
The Renewable Energy and Energy Efficiency Partnership (REEEP) has announced a number of clean energy projects, including biogas, and funding in the developed world.
REEEP provided €667,500 in seed funding for eight new finance projects to accelerate the clean energy market in these countries.
Microfinance facilities are a way to open up access to energy services for... [Read More]
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Jun 29, 2009
Energy company Cello Energy has received a court order to pay $10.4 million (€7.4 million) over allegations the firm fraudulently claimed it could produce cheap fuel from hay, waste wood and other material.
A jury ruled that Cello Energy, owned by a former head of the Alabama Ethics Commission, was liable for breach of contract with New York-based paper company Parsons... [Read More]
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Jun 29, 2009
The UK’s All-Party Parliamentary Renewable Transport Fuels Group will host a meeting on 6 July at the House of Commons in London starting at 16:30 p.m.
The role of the All-Party Group is to provide a forum for parliamentarians and other interested parties to generate informed discussion on the role of all renewable transport fuels, including biofuels, hydrogen, and... [Read More]
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Jun 26, 2009
Japan-based Pacific Bio-Fields Holdings has begun planting coconut trees on the Philippines island of Luzon to produce biodiesel – a world first.
‘We believe this is the first coconut-integrated biodiesel project in the world where a plantation is included,’ May Tiu, VP of Bioenergy at Pacific Bio-Fields, exclusively tells Biofuels International magazine. ‘We... [Read More]
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Jun 26, 2009
Following the success of the second Biofuels International expo & conference in Amsterdam this year (www.biofuelsinternationalexpo.com) leading global publication Biofuels International magazine is expanding its portfolio with Biofuels International Asia expo & conference.
The two-day conference and exhibition will be held in the petrochemical hub of Asia, Singapore,... [Read More]
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Jun 26, 2009
Belgian holding company Ackermans & van Haaren has signalled its intentions to move into the Brazilian bioethanol market after agreeing to take a minority stake in Alcofina in a preliminary deal.
The move comes after a deal between Ackermans and Sibco Holding, which will see Sibco selling its 30% of Alcofina which in turn holds 45.3% of Swiss trading firm Alcotra,... [Read More]
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Jun 26, 2009
The largest biodiesel refinery in the US was put up for sale after the owner shut down the $70 million (€50 million) facility due to declining demand.
GreenHunter Energy has plans to sell the Houston, Texas-based 105 Mgy plant by the end of the year in order to meet its $50 million financing obligations with a key lender.
The plant, which only opened in June 2008,... [Read More]
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Jun 26, 2009
Energy giant BP and cellulosic ethanol developer Verenium have been selected by the US Department of Energy (DoE) to enter the due diligence phase of its Title XVII Loan Guarantee Programme.
The project is entitled to a loan guarantee from the DoE, which would support debt funding for first commercial-scale cellulosic ethanol plant, covering up to 80% of eligible costs.... [Read More]
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Jun 25, 2009
Independent oil firm Eastern Petroleum plans to set up a $30 million (€21.5 million) ethanol plant in Isabela, the Philippines, next year.
The ethanol producing facility has a projected capacity of 100,000 litres a day, or 30 million litres a year, and is expected to come online in 2012.
To fund the project the firm’s subsidiary Eastern Renewables and Fuels has begun... [Read More]
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Jun 25, 2009
Virent Energy Systems expects to raise $25 million (€18 million) to $40 million by the end of the year in its third round of financing, as it looks to enter into the biofuels sector.
The Wisconsin-based company’s previous rounds of funding already raised approximately $70 million, which is currently financing the building a 10,000 gallon per year plant set to come... [Read More]
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Jun 25, 2009
Brazilian company Vale plans to develop a $305 million (€218 million) palm oil biodiesel project, with the capacity to produce 500,000 tonnes of palm oil and 48 Mgy of biodiesel.
The plant, which is to be completed by 2014, will utilise feedstock produced by a consortium formed between Vale and Biopalma da Amazônia. The biodiesel will be used in a B20 concentration... [Read More]
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Jun 25, 2009
Philippine biofuel producer Eco Global Bio-Oils is pursuing further areas in which to grow jatropha to use as biodiesel.
The company had initial targets of planting 100,000 hectares of jatropha, locally called tuba-tuba, but it has furthered its plans to expand to 200,000 hectares in the next two years.
Eco Global is attempting to convince members of local tribes to... [Read More]
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