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Biofuels Power to build small-scale gas-to-liquids plant in Houston

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Houston-based Biofuels Power Corporation ( BFLS ) has signed a letter of intent with ThyssenKrupp Industrial Solutions (Africa) (Pty) Ltd and Liberty GTL, Inc. to build a small-scale gas-to-liquid demonstration facility in Houston. BFLS originally intended to develop biofuel-fired power projects.

Houston 247
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Energy Conversion Devices files Chapter 11, seeks sale of businesses; Ovonic Battery Company sold to BASF Corporation

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OBC), to BASF Corporation for the gross purchase price of $58 million in cash before transaction fees, minority participations, and working capital and other adjustments. million in outstanding 3% Convertible Senior Notes due 2013. On 13 February ECD sold its majority owned subsidiary, Ovonic Battery Company, Inc. Earlier post.)

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Furtive eGT electric sports car hits 240 km/h on the Nordschleife; small production series for 2013

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Exagon intends to build a small production series of the Furtive eGT starting in 2013. The Siemens global research unit Corporate Technology developed the powertrain and built a prototype. The Furtive eGT, introduced earlier this year at the Paris Motor Show, features motors from Siemens and batteries from Saft.

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Waste-to-biofuels company Enerkem raised C$50 million in latest financing round

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million) financing, which brings total equity investment raised by Enerkem in 2013 to C$87 million (US$82.7 As we are finalizing the construction of the Enerkem Alberta Biofuels facility in Edmonton and developing our next facilities, we take this new corporate equity investment as a vote of confidence in Enerkem’s growth strategy.

Financing 210
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ALTe Powertrain Technologies introduces range-extended electric powertrain system for E350s

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This new line will offer more choices to fleet managers who seek to convert their fleets to plug-in electric hybrid. There are currently more than 125,000 E350 vans of the 2004-2010 model years registered to corporate, government and utility fleet owners in the US.

Range 210
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Hydrogenics wins order from E.ON for power-to-hydrogen-gas energy storage project in Germany

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Electrolysis company Hydrogenics Corporation has received an order from E.ON Power-to-Gas is a novel way to store energy at utility scale, whereby surplus electrical grid power is converted into hydrogen gas. for a “Power-to-Gas” project in Germany.

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Mascoma and Valero establish JV for commercial-scale hardwood cellulosic ethanol facility; Valero providing majority of financing

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Construction of the Kinross facility is anticipated to start in the next three to six months and is expected to be completed by year-end 2013. Valero will provide project management to build and will operate the Kinross facility, and will hold a majority interest in the joint venture.

Financing 210