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The results below show our latest news.
The results below show our latest news.
Mar 28, 2012
Kior makes million dollar loss
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Mar 29, 2012
World Health Energy Holdings has signed a letter of intent with Prime, an Indian industrial and transport company, to build a biodiesel production facility on a budget of $100 million (€75 million).
The development will be built on 250 acres and Prime has tested batch samples of spirulina algae which it plans to cultivate under the project, for biodiesel production.
The... [Read More]
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Mar 29, 2012
Porter Airlines is to power a Bombardier Q400 turboprop airliner on biofuels in Canada as the first such revenue flight in the country.
As part of the test flight, the aircraft was the first in Canada to fly on the ASTM D7566 bio derived jet fuel, which has recently been certified.
The fuel is made up of a 50/50 blend with Jet A1 fuel. The biofuels is produced from Camelina... [Read More]
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Mar 29, 2012
Australian airline Qantas is to operate the country’s first commercial flight on biofuels on 13 April 2012.
The flight will run from Sydney to Adelaide and an Airbus A330 will be used, powered by biofuels made from used cooking oil (50%) and conventional jet fuel (50%).
Qantas says that it wants to get involved in aviation biofuels because with rising fuel prices... [Read More]
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Mar 29, 2012
A recent study published says that investors should look at renewables and clean tech as growth areas as it is estimated that the global oil supply will start to diminish.
The research, carried out by the DGFI, says that oil resources will be scarcer by 2020, yet the demand for energy is on the rise. It points out that 30 countries provide the entire world’s production... [Read More]
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Feb 23, 2012
A planned 2 billion rand (€196 million) is to be invested by South Africa in the construction of an ethanol plant located in the Eastern Cape province.
About 60% of South Africa's fuel is currently imported. Furthermore, due to 4 of its 6 oil refineries recently shutting down, the country has been experiencing fuel shortages.
The government-funded plant would... [Read More]
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Feb 23, 2012
Renewable Energy Group (REG) has announced its financial results for the 2011 fourth quarter and full-year.
The company achieved record 2011 Adjusted EBITDA (for the year) of $107 million and record revenues (for the year) of $824 million, compared to $8 million and $216 million, respectively, in 2010. Furthermore, the 2011 fourth quarter saw an increase of 126% to... [Read More]
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Feb 23, 2012
Cool Planet BioFuels has announced a breakthrough in converting biomass to petrol. A 4,000 gallons per acre biomass to petrol conversion was achieved in pilot testing using the giant miscanthus, an advanced bioenergy crop developed at the University of Mississippi.
With petrol boasting approximately 150% higher energy levels than ethanol, achieving nearly 12 times more... [Read More]
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Feb 27, 2012
Renewable fuels and chemicals company, US-based Amyris, has completed a $58.7 million (€44 million) private placement of its common stock.
The company has also entered into a definitive agreement to privately place $25 million in aggregate principal amount of 3% senior unsecured note due 2017. The placement of notes is subject to customary closing conditions and expected... [Read More]
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Feb 28, 2012
The US Energy Department is planning to invest $14 million (€10.41 million) in the process of making transportation fuels out of algae.
'We could replace up to 17% of the oil we import for transportation with this fuel that we can grow right here in the United States,' says President Barack Obama.
The Energy Department is reportedly backing approximately $85 million... [Read More]
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Feb 28, 2012
The Brazilian federal government is developing a strategic plan to increase sugarcane output during the 2012-2015 period, for use as ethanol fuel. The aim of the strategy is to solidify ethanol's role as the leading fuel for Brazil's fleet of light vehicles.
It would see the proportion of anhydrous ethanol to gasoline rise to 25%. Furthermore, the percentage of light vehicles... [Read More]
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Feb 28, 2012
The Australian Government has awarded a $5 million (€4 million) grant to James Cook University, funding the development of Australia's first freshwater and marine macro-algae to biofuels project. Not only this, but a new $15 million (12 million) Advanced Biofuels Investment Readiness (ABIR) Program has been created. ABIR Program is designed to support the investment... [Read More]
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Feb 29, 2012
New research at the Lawrence Berkeley National Laboratory could see Tobacco become the new biofuel. A team at Berkeley is aiming to use microbial fermentation to convert the hydrocarbon molecules from tobacco directly into a fuel.
'We want to bypass downstream processes like fermentation and produce fuels directly in the crop,' says Christer Jansson, a biochemist at Berkeley.... [Read More]
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Feb 29, 2012
China Petroleum & Chemical, also known as Sinopec, has applied to China's aviation regulator with the aim to produce aviation biofuel commercially.
China is reportedly expected to use 12 million metric tons of aviation biofuel a year by 2020. This will equal about 30% of projected total jet fuel consumption, which in itself is predicted to double to 40 million... [Read More]
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Feb 29, 2012
Shell has built a drop-in biofuels pilot plant in Texas, based on Virent's bioforming technology.
Shell invested in Virent in June 2010, aiding the opening of the Virent 'Eagle' demonstration plant, producing 10,000 gallons per year of the drop-in renewable fuel, biogasoline.
The biofuels pilot plant has been constructed at Shell's Westhollow Technology Center in... [Read More]
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