Bio-fuels are produced by converting organic matter into fuel for powering our society. These bio-fuels are an alternative energy source to the fossil fuels that we currently depend upon. The bio-fuels umbrella includes under its aegis ethanol and derivatives of plants such as sugar cane, as well aS vegetable and corn oils. However, not all [...]
As the folks who are making the next generation of ethanol made their pitch to Congress (see Cindy’s post from earlier), the people who are producing biodiesel from what could be the next great feedstock, algae, reminded members of the U.S. House Agriculture Committee’s Subcommittee on Conservation, Credit, Energy, and Research not to forget about [...]
The development of algae-based biofuels has received a boost after the US Department of Energy decided to award up to $85million from the American Recovery and Reinvestment Act towards their growth. The fuels that will benefit include renewable hydrocarbon fuels; and advanced, infrastructure-compatible cellulosic biofuels such as ‘drop in’ renewable hydrocarbon fuels. The DOE is [...]
Dow Chemical is planning a pilot project with algae biofuel start-up Algenol Biofuels to convert waste CO2 into ethanol. The biorefinery is to be located in Freeport, Texas, at Dow’s largest manufacturing site. The project is contingent on Algenol’s receiving a Department of Energy grant for up to $25 million, or no more than half [...]
PetroAlgae Inc. (OTCBB: DVGL), a leading developer of systems to derive biodiesel fuels from algae, today announced that it has closed on a $10 million capital raise through the sale of approximately 3.2 million of newly-issued shares of common stock to two existing investors. “The proceeds from this offering are expected to help finance the [...]
