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ClearFlame Engine Technologies raises $30M in Series B

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ClearFlame Engine Technologies has raised $30 million in Series B funding to bring to market innovative solutions that power heavy-duty engines with clean, renewable fuels and create a viable business solution to reduce carbon and soot. Federal Department of Energy funding moved us from concept to patent. Earlier post.)

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Addax Bioenergy signs loan agreement for €258M renewable energy project in Sierra Leone; sugarcane ethanol and biomass power

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a subsidiary of the Swiss-based energy group, The Addax and Oryx Group Limited (AOG), recently signed a loan agreement with seven European and African development institutions for an integrated renewable energy and agriculture project near Makeni, in Sierra Leone. Addax Bioenergy S.A. ,

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Centre, Maharashtra govt plan to expand PM Suryoday scheme in the state | Autocar Professional

Baua Electric

They aim to achieve this target through tie-ups with various last-mile logistics, mobility service providers and non-banking financial corporations to support ongoing schemes. and MahaPreit, the state’s renewable energy wing. and MahaPreit, the state’s renewable energy wing.

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Velocys receives FONSI from USDA for planned Mississippi biorefinery; wood waste to drop-in fuels

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The USDA 9003 Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program (9003 Program) provides loan guarantees to biorefineries, such as those that Velocys and its partners are developing, which produce advanced biofuels.

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DOE to award $118M to 17 projects to accelerate domestic biofuel production

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Financing for novel biorefinery process systems can be a barrier to commercializing advanced biofuels, and this funding will reduce technological uncertainties and enable industry deployment. Captis Aire LLC, “Renewable Blending Components to Enable 100% Sustainable Aviation Fuel (SAF)”, $2,000,000. Comstock Inc.,

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Virent Secures $46M in Third Round to Accelerate Catalytic Bio-hydrocarbon Fuels Scale-Up; Expansion into Renewable Diesel

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Virent’s BioForming concept. The financing follows a March 2010 milestone in which Virent announced the successful start-up of the world’s first biogasoline production plant. Scott Portnoy, corporate vice president of Cargill. Source: Virent. Click to enlarge. Virent Energy Systems, Inc. has closed a $46.4-million

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Volvo Cars and Vattenfall to Develop New Plug-in Diesel-Electric Hybrids; Three V70 PHEV Demonstrators on the Road This Summer

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Swedish energy company Vattenfall and the Volvo Car Corporation are launching an industrial joint venture partnership to introduce plug-in hybrids on the market by 2012. The development of the cars is being carried out and financed jointly by the two companies. Stephen Odell, President and CEO of the Volvo Car Corporation.

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