Waste to fuel startup Enerkem has withdrawn its IPO plans citing — what else — poor market conditions. The move is the third greentech IPO hopeful to cancel public market plans this month. Read more »
Despite the lack of results, next-gen biofuel companies continue to receive a significant amount of both government and VC support. At what point will the funding transform into advanced biofuels being produced at scale? Read more »
The future of clean power and greener transportation is being carried by FarmVille and online coupons — at least in terms of venture capital portfolios. Read more »
Waste to fuel startup Enerkem already had trash king Waste Management on its side — now Enerkem has scored backing from oil refiner giant Valero. Enerkem announced it has raised $60 million from Valero, along with existing investors like Waste Management and Braemar Energy Ventures. Read more »
Biofuel production nationwide has been woefully behind schedule as would-be producers struggle to just get their first commercial plants rolling. The U.S. government wants to help and on Thursday announced loan guarantee commitments totaling $571 million for Coskata, Enerkem, and a JV from Valero. Read more »
For next-generation biofuels to make any type of dent in the fossil fuel industry, oil companies will have to get on board, and here comes one to the rescue for the struggling cellulosic ethanol sector. Oil giant Valero is backing cellulosic ethanol startup Mascoma. 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 dollars ($51.5 million) […] Read more »
Amid the rubble of the first generation of biofuel projects focused on ethanol derived from corn, a new landscape of biofuel tech has taken shape. As Lux Research puts it in a report released today, the companies range “from backyard brewers to billion-dollar industrial giants,” working […] Read more »
Who are you and what do you do? My name is Jennifer Woofter and I run Strategic Sustainability Consulting (SSC). We’re a boutique consulting company that works with small- and medium-size organizations that want to “go green.” I spend about one-third of my time on billable […] Read more »
Algenol Biofuels, with its just-announced plans to build an algae fuel demo plant in partnership with Dow Chemical, isn’t the only startup taking the demise of a well-funded algae fuel company — GreenFuel Technologies — in stride. Today 3-year-old Solix Biofuels, which has some similarities with […] Read more »
Massive oil refiner Valero Energy has been taking stakes in biofuel startups over the last year, including algae fuel maker Solix Biofuels, and cellulosic ethanol maker ZeaChem. But now the company has a different sort of biofuel assets in mind — not next-gen technology, but the […] 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 ethanol. […] Read more »
Algae fuel startup Solix Biofuels is raising $15.5 million from the a variety of investors including the investment group for a Colorado Native American tribe and massive oil refinery operator Valero Energy. Read more »
Guess what, guys — the location-based mobile model of the coffee coupon getting pinged to your phone as you walk by Starbucks is tired. Location is all about adding relevancy to applications already being used. That was the contention of Mobilize’s LBS panel. Thank you, let’s […] Read more »
Andy Grove, the former chairman of Intel turned plug-in vehicle advocate, challenged the attendees of the Plug-In 2008 conference on Tuesday to put 10 million plug-in hybrid electric vehicles on the roads in four years. Those plug-ins should be retrofitted from vehicles with poor mileage like […] Read more »