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INEOS Bio JV Closes $75M in private financing under USDA loan guarantee program for advanced BioEnergy Center in Florida

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INEOS Bio announced that its joint-venture project, INEOS New Planet BioEnergy (INPB), has finalized $75 million in private financing utilizing the US Department of Agriculture (USDA) loan guarantee program for its new Indian River BioEnergy Center located in Florida. The hot synthesis gas is quenched and cleaned. Earlier post.)

Florida 186
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Algenol closes on additional $25M internal equity financing

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Algal fuels producer Algenol has closed on a $25-million dollar investment from BioFields, a Mexican business group devoted to the development of renewable and clean energy projects. The algal bio-oil can be used to produce biodiesel, renewable diesel, or other bio-oil-derived products.

Financing 150
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US DOE announces 3 consortia for $125M US-India Joint Clean Energy Research and Development Center; solar, second-generation biofuels and buildings

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The US Department of Energy announced the selections for three consortia that will make up the $125-million US-India Joint Clean Energy Research and Development Center (JCERDC). The Joint Clean Energy Research and Development Center is part of the US-India Partnership to Advance Clean Energy. Hindustan Petroleum Corporation Ltd.;

India 240
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DOE to award $11M to 20 new Clean Cities projects for alt fuel cars and trucks

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Clean Energy. Clean Fuels Ohio. compressed natural gas (CNG) cylinder tracking system and Renewable. Region Clean Cities. Clean Cities. The I-40 Collaboration of Clean Cities, a partnership across Arkansas and. The Unlocking Private Sector Financing for Alternative Fuel Vehicles and. Coalition, Inc.

Clean 308
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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

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Florida Power and Light Company. Charging infrastructure financing: Unlocking Up $4.5 billion in loan guarantees to support innovative renewable energy and energy efficiency projects in the United States. Among the actions announced are: Unlocking up to $4.5 Con Edison. Connecticut Green Bank. Dayton Power & Light Company.

Obama 150
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US DOT Awards $100M in Recovery Act Funds to 43 Transit Projects to Reduce Energy Consumption and Greenhouse Gas Emissions

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Combined with AC Transit’s already-installed solar capacity, this solar installation will produce the renewable electricity equivalent to what will be required to produce 180 kg/day of green hydrogen. Broward County Transit, Florida: $2,000,000. Material is being financed and procured through the New York Power Authority.

Emissions 256
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Perspective: The UN Approval Process for Carbon Offsets

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Additionality is proof that the renewable-energy project would not happen without the capital generated by selling carbon credits. United Nations Clean Development Mechanism. In this way, more than 300 million credits—each representing the equivalent of one metric ton of carbon dioxide—have been generated. CONCLUSION.

Carbon 255