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Cleantech

Oil giant BP backs CoolPlanet BioFuels

Oil giant BP has invested in biofuel startup CoolPlanet BioFuels, according to an announcement on Thursday. CoolPlanet BioFuels is the biofuel startup you have never heard of but that has unusually famous investors like GE, Google, NRG Energy and ConocoPhillips. Read More »

Poet’s so-called “Project Liberty” biofuel plant, which will use corn waste instead of edible corn, is getting some support from the U.S. government. On Thursday, the Department of Energy announced it will offer Poet a $105 million loan guarantee to build out Project Liberty in Iowa. Read More »

 
 

Despite a series of successful biofuel IPOs recently, and a number of biofuel IPOs in the pipeline, the production of next-gen biofuels, in any kind of volumes that would make a dent in the transportation sector, seems to be creeping, very slowly forward. Read More »

Report: Range Fuels to Shut Down Plant

More bad news about cellulosic biofuel maker Range Fuels. The financially-strapped company reportedly plans to shut down its plant in Georgia after making just one batch of ethanol. It needs to more raise more money and tackle technical problems at its first commercial plant. Read More »

Cello Energy, the beleaguered infamous biofuel company that’s been hit with fraud allegations, has finally dropped off of the Environmental Protection Agency’s (EPA) list of potential cellulosic ethanol suppliers for 2011. I seriously can’t believe the company was on the list for so long. Read More »

The well-funded Range Fuels said it has begun producing cellulosic methanol from its first commercial factory and plans to begin making cellulosic ethanol sometime this quarter. Read More »

EPA Smiles on Biofuels in Small Biz Innovation Awards

The EPA has awarded $2.38 million under the Small Business Innovative Research program, including four awards (under the biofuels and vehicle emissions category) for R&D firms working on tech related to biofuels. Read More »

Cellulosic ethanol startup Enerkem needs trash and money. Massive trash company Waste Management has lots of both. The two said Wednesday that they’ve gotten together, with Waste Management making a strategic investment in the Montreal-based company as part of a 53.8 million Canadian … Read More »

Daily Sprout

Selling the Smart Grid to Average Joe: Smart grid analyst Jesse Berst examines how the Electrification Roadmap released this week by a coalition of heavyweight CEOs could be an inflection point for the smart grid. “Electric transportation is something the public wants; it will take a … Read More »

Vegas Clean Energy Summit: Tale of Two Biofuels

At Senator Harry Reid’s Las Vegas Clean Energy Summit on Monday, the two ends of the ethanol spectrum — first generation corn ethanol and next-generation cellulosic ethanol — were in full representation, but the stark contrast between the group’s diverging goals was clear. While the … Read More »

As far as speed bumps for cellulosic ethanol ventures go, this one’s a doozy: Jurors in a federal court have ordered Cello Energy, a biofuel startup run by Alabama’s former ethics chairman, Jack Boykin, and backed by both Silicon Valley cleantech investors Khosla Ventures … Read More »

Call it ethanol-on-the-cob. Corn ethanol giant Poet announced plans today to power its cellulosic ethanol plant in Emmetsburg, Iowa, with methane derived from corn cobs — rather than natural gas. Never before have corn cobs been used as a feedstock in this way, Poet CEO Jeff … Read More »

More Must Reads

Venture capitalist Vinod Khosla has made yet another bet in the struggling biofuels sector. Despite already having almost one-third of his portfolio companies in the space, his VC firm has invested an undisclosed amount in HCL CleanTech, a new startup in the cellulosic biofuels … Read More »

The ethanol industry just can’t catch a break. We started tracking plant closures more than a year ago, when record-high corn and soy prices and an ethanol glut had squeezed ethanol’s profit margin to a slim 25 cents per gallon, down from $2.30 a gallon … Read More »

For young companies toiling over how to convert plant waste and non-food crops into ethanol — the next generation of biofuels — the effects of the downturn are starting to play a familiar beat: access to capital is so limited that companies that could have snagged … Read More »

A dig through biofuel maker Changing World Technologies’ SEC filings earlier this week (prompted by a report from southwest Missouri’s Carthage Press) revealed the signs of a company teetering on the brink. Yesterday CWT confirmed our take on the company’s dire situation, announcing … Read More »

U.S. to Set Single MPG Standard for Cars, Trucks? Carol Browner, assistant to the president for energy and climate, says she and others in the White House back the idea of a universal fuel-efficiency standard aimed at curbing greenhouse gas emissions. — Washington Post Growing the … Read More »

Cellulosic ethanol maker Verenium might have an important partner in UK oil giant BP, but it still can’t help the company from the pitfalls of the difficult capital markets. This morning Verenium says that it is moving forward with a previously announced joint venture with … Read More »

Cellulosic Ethanol Ready for Prime Time (Really): Cellulosic ethanol has been “five years from commercialization” for so long that even ethanol company POET’s research director admits it has become a joke. Now he and a crew of scientists say it’s for real. — Christian Science … Read More »

And Then There Was One: Toyota, the world’s largest automaker, shut down all but one of its assembly lines for vehicles and auto-related equipment in Japan today. The plants are scheduled to remain idle for 10 days. — CNNMoney Peugeot to Go Slow on Plug-Ins: PSA, … Read More »

In an inauspicious building on a strip of offices in Menlo Park, Calif., I recently met with the team behind ZeaChem, a 25-person startup that’s using a common microbe found in termite guts and regular soil to breakdown trees and plants into the next-generation of … Read More »

Global investment in clean energy must reach $515 billion per year by 2030 — triple that of last year’s investment — in order to avoid “the catastrophic impact of climate change,” according to a report from the World Economic Forum and New Energy Finance. Released … Read More »

Montreal-based Enerkem, which just last week announced it would soon start up its first commercial scale cellulosic ethanol factory, is looking to secure financing to begin building its second such plant this year, CEO Vincent Chornet told us. Enerkem is teaming up with GreenField … Read More »

If your core business is making corn ethanol, you’ve got to evolve. Companies producing ethanol made from corn are canceling plant plans and struggling to stay afloat. Poet is one of the larger corn ethanol makers, and it has been trying its hand at producing … Read More »

Any downed poles in your neighborhood in the last winter storm? Montreal’s Enerkem may be interested. The biofuel startup, which plans to make cellulosic ethanol using wood from used electricity poles, said yesterday that its first commercial-scale plant is … Read More »

Remember cellulosic ethanol startup Verenium? Last we heard the company had started the commissioning phase of its cellulosic ethanol demo plant in May 2008, and it had big plans to start construction of a 30-million-gallon-per-year commercial plant in the middle of 2009. Well, … Read More »

Cellulosic ethanol startup ZeaChem is one of the firms that has been racing to build a next-generation biofuel plant in the United States. On Wednesday, the company announced that it has raised a sizable round of funding — $34 million — to help implement … Read More »

We’ve brought you the victories and the disappointments of the year in cleantech, and now here’s a top 10 list that’s a little more personal: The top 10 Earth2Tech stories of 2008. The list is a combo of reader favorites — page views and … Read More »

Cleantech startups were a bright spot in terms of overall venture funding in 2008. But while the sector pulled in record investment from VCs, as BusinessWeek noted recently, shares of cleantech companies fell harder than the rest of the stock market. According to the … Read More »

Ethanol will have at least one friend in the next administration. President-elect Barack Obama announced his pick for  Secretary of Agriculture this morning: Former Iowa governor Tom Vilsack, who built his underdog presidential campaign largely on a platform of energy independence and, during his tenure as … Read More »

With economic conditions slowing project financing, cellulosic-ethanol startup Coskata‘s commercial plant might get pushed back a bit, Chief Marketing Officer and VP Wes Bolsen tells us. The company said in January it had expected to break ground on the plant — planned to make 50 … Read More »

Cleantech types are optimistic that an Obama presidency will usher in a new era of hopeful politics and greener energy policies, but what would it mean for the floundering ethanol industry? Critics are already afraid that President-elect Obama will continue with Bush’s so-called failed … Read More »

First Teaser Pic of Tesla’s Model S: Although the company just put development of its electric sedan on hold, much of the design work on the Model S was already done, and here’s a peak at what the back of the car looks like – Read More »

Cellulosic ethanol startup Mascoma announced today that it has raised $49.5 million to build its first commercial cellulosic ethanol plant in Michigan’s Upper Peninsula. Read More »

Corn ethanol producer Poet is at an important juncture in its two decade history. The company is embracing the changing landscape of the biofuel market by investing in new cellulosic ethanol technology and building a $200 million plant dubbed Project Liberty in Emmetsburg, Iowa that … Read More »

The Iowa Power Fund, which doles out millions of dollars for clean power projects, has just made a $14.75 million commitment to help corn-ethanol maker Poet build its first commercial-scale cellulosic ethanol plant in the state. Add that to the $5.25 million from the … Read More »

POET, one of the larger producers of corn-based ethanol in the United States, says it will start churning out cellulosic ethanol by the end of the year. The company started construction on a $4 million pilot-scale cellulosic ethanol facility in Scotland, S.D., a few … Read More »

The dream of taking the contents of our trash cans and putting them into our fuel tanks has moved one step closer to reality with BlueFire Ethanol’s announcement that they’ve been granted permission to build a waste-to-fuel ethanol plant next to a landfill … Read More »

Coskata, the startup with plans to produce $1 a gallon cellulosic ethanol, has announced the location of its 40,000 gallon a year pilot plant: Madison, Penn., just northeast of Pittsburgh. The $25 million project will be built with newly revealed technology partner Westinghouse … Read More »

Coskata made a big splash at the start of the year with the claim that they could produce ethanol for $1 a gallon from such sundry feedstocks as woodchips, grasses and old tires. They also managed to launch their company with a partnership and investment … Read More »

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