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“Project Volt Gas Volt” proposes long-term financing plan to support widespread implementation of power-to-gas systems

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Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. Project VGV uses surplus electricity generated by renewable and nuclear sources to produce hydrogen via electrolysis.

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Elevance Renewable Sciences raises $100M in Series C Financing; Total Energy Ventures joins in

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Elevance Renewable Sciences, Inc., which is commercializing olefin metathesis technology for renewable fuels and chemicals, has raised $100 million in its Series C financing round. The technology underlying ERS’ processes is based on the work of Nobel Laureate Dr. Robert H. Earlier post.). Earlier post.).

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Global geothermal industry passes 12,000 MW operational

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The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). In Nevada, NV Energy is looking to replace coal plants with 300 MW of renewable energy, including geothermal.

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2015 hydrogen student design contest: hydrogen fueling station business and financing models

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The Hydrogen Education Foundation announced the 11 th annual Hydrogen Student Design Contest, which will challenge student teams to develop business and financing models for hydrogen fueling stations. Finalists will be asked to pitch their plans to investors.

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Renewable fuels and biochar company Cool Planet closes on $100M Series D financing

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Cool Planet Energy Systems, a renewable fuels and biochar company ( earlier post ), closed on its targeted $100 million Series D financing. Cool Planet’s green fuels are chemically identical to fossil fuels, with one of the lowest capital costs in the industry. The private placement has been jointly led by UBS and Goldman Sachs.

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Vancouver-based Ceylon Graphite granted industrial mining licence for M1 mining project in Sri Lanka

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announced the renewal of the Industrial Mining Licence for the Malsiripura, M1 mining project in Sri Lanka (known as Ceylon until 1972) from the Geological Survey and Mines Bureau (GSMB). Vancouver-based Ceylon Graphite Corp. The Licence grants exclusive rights to mine graphite from within the M1 mining area.

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Valero providing construction financing for Valero-Diamond renewable diesel JV

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A subsidiary of Valero Energy Corporation will provide financing to Diamond Green Diesel LLC, a previously announced joint venture project between Darling International and Valero Energy Corporation ( earlier post ), for the construction of its renewable diesel facility in Norco, Louisiana. Charles refinery near Norco, Louisiana.

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