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a gasification-based drop-in advanced biofuels company ( earlier post ), has agreed to purchase about 1,200 acres of land near Alexandria, Louisiana, for the planned construction and operation of its first production facility. Sundrop Fuels, Inc.,
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.
Cool Planet Energy Systems, a renewable fuels and biochar company ( earlier post ), closed on its targeted $100 million Series D financing. The company broke ground on its first biofuel production facility in Alexandria, Louisiana, on 26 February 2014.
The number of states with geothermal projects under development also increased, from 12 to 14 over the past six months, with the addition of two oil-field co-production projects in Louisiana and Mississippi. Financing is expensive and scarce, and available lenders are requiring much more work be done before they will finance projects.
University partners from the states of Washington, Louisiana, Tennessee, and Iowa will lead the projects, which focus in part on developing aviation biofuels from tall grasses, crop residues and forest resources. A team of researchers led by Louisiana State University received $17.2
Syrah Technologies , Phase 3 Expansion of Syrah’s Commercial-Scale Natural Graphite Active Anode Material Facility in Vidalia, Louisiana, $219,820,610. Construction is expected to begin in 2023, subject to permitting and project financing, with first production targeted for 2025. Gabriel, Louisiana, $100,000,000.
Completion of the transaction with Tyson Foods, which is contingent upon the closing of REG’s December 2013 announced agreement to acquire substantially all of the assets of Syntroleum Corporation, would give REG full ownership of Dynamic Fuels and its 75-million gallon per year nameplate capacity renewable diesel biorefinery in Geismar, Louisiana.
The decision to use Solvay’s facilities to refine the company’s mixed rare earth concentrate makes the property optioned in Geismar, Louisiana for a refinery, potentially available as an alternative location for the hydrometallurgical facility, originally contemplated for Pine Point, NWT.
Australia-based Syrah Resources Limited signed a binding offtake agreement with Tesla to supply natural graphite Active Anode Material (AAM) from its vertically integrated AAM production facility in Vidalia, Louisiana.
million loan to Australia-based Syrah Technologies LLC for the expansion of its Syrah Vidalia Facility in Louisiana—a processing facility that produces graphite-based active anode material (AAM), a critical material used in lithium-ion batteries for electric vehicles (EVs) and other clean energy technologies. Earlier post.).
The US Development Finance Corporation’s (DFC’s) Board of Directors approved the provision of up to $150 million in financing to Twigg Exploration and Mining—a wholly-owned subsidiary of Australia-based Syrah Resources Limited—to fund investments in the company’s graphite mining and processing operation in Balama, Mozambique.
has initiated a comprehensive feasibility study of a possible long-term CO 2 pipeline project which would connect proposed gasification plants in the Midwest to Denbury’s existing CO 2 pipeline infrastructure in Mississippi or Louisiana. Denbury Resources Inc. billion, based on the cost of other pipelines recently built or under construction.
EmberClear an source gas from Texas and Louisiana, as well as parts of Oklahoma. The company has completed all major milestones related to Good Spring NGCC 1 and is currently evaluating proposals for construction financing. EmberClear has access to an 800-acre site along the Mississippi River.
Charles refinery near Norco, Louisiana. billion of debt financing guarantees available for projects that employ innovative energy efficiency, renewable energy and advanced transmission and distribution technologies. Tyson is continuing ahead with a second renewable diesel venture with Syntroleum in Louisiana. Earlier post.).
USDA has reached an agreement with Silicon Valley Bank to provide a $91-million Biorefinery Assistance Program loan guarantee to Cool Planet to help the company finish construction on an advanced biofuel plant at the Port of Alexandria in Louisiana. An additional project financed from these funds will be announced later this month.
Novus is working with an Oregon lender, Old West Federal Credit Union, to finance the project. USDA has financed projects in Florida, Georgia, Iowa, Louisiana, Michigan, Nevada, New Mexico, North Carolina and Oregon. USDA hopes to finalize loan terms with Novus and Old West by summer. million gallons of advanced biofuels.
Renewable Energy Group will acquire approximately 82 acres of land at its Geismar, Louisiana biorefinery from Lion Copolymer. This includes an analysis of economic viability, logistics, feedstock availability, market demand, financing options and state and local support. — Brad Albin, REG Vice President, Manufacturing.
Moreover, developers must show that the project would make no economic sense without CDM funds and that documentation exists to demonstrate that these factors were considered by the company’s board of directors in their decision to pursue CDM financing. On-site blending pumps, in lieu of splash blending, are used for this test.
The formation of the joint venture company and additional investment builds on $90 million investment made by BP in 2008, which allowed the two companies to advance efforts at Verenium’s proof-of-concept demonstration facility in Jennings, Louisiana. The joint venture company will initially be based in Cambridge, Massachusetts.
In other states, the company is still completely prohibited from selling vehicles, such as in Louisiana, where a U.S. DOJ echoes Tesla argument in Louisiana direct sales appeal Check out the TESLARATI Marketplace! appeals court just upheld Tesla’s right to sue the state over the direct-sales ban in August.
While the company still faces questions about its finances and ability to meet a potential change in safety regulations, Elio claims it is almost ready to sell some vehicles. Elio Motors may have reached an important milestone in putting its "84-mpg" two-seat three-wheeler into production.
The acquisition will bring BP extensive oil and gas production and resources in the liquids-rich regions of the Permian and Eagle Ford basins in Texas and in the Haynesville gas basin in Texas and Louisiana. BP intends to finance this deferred consideration through equity issued over the duration of the installments. On completion, $5.25
Having worked for car dealerships, manufacturers, an auction house, and an auto finance company, I’m convinced there is no other industry that attracts& such a diverse cast of characters. I first met& “Perry” at a Honda dealership& in Louisiana in 1986. Their names have been changed to protect the guilty.
Element 25 (E25) has agreed with Veolia North America to secure a site for its planned high-purity manganese sulphate monohydrate (HPMSM) refinery in Louisiana. GM has committed $85 million in debt financing to the project.
The US International Development Finance Corporation (DFC) provided $500 million of the $700 million in financing for First Solar’s India factory. This $500 million in financing reflects the increasing strength of our partnership with India – DFC’s largest market and a like-minded partner with a dynamic private sector.
The new policy applies to all of Tesla’s vehicles, including Cybertruck, Model S, Model 3, Model X and Model Y, starting today, November 27, 2024 (though not in Iowa or Louisiana). Third-party dealerships are allowed to purchase the vehicles, and there is a $350 purchase fee.
Conventional carmakers like Ford and Nissan have additionally borrowed from the federal program to finance the build-out of amenities generating fuel-efficient automobiles.
The role of financing options and leasing in making EVs more affordable : Financing options and leasing programs are also helping to make EVs more affordable for consumers. States with Fewest Stations : Mississippi, Louisiana, and Kentucky have the fewest EV charging stations per resident. Top States : Vermont, Washington, D.C.,
Auction revenues may be used for the public good by allocating the allowance value to: households as dividends; financing investments and other public expenditures; and. Financing Investments and Other Public Expenditures. Allowance value can be used to finance government expenditures of various kinds.
Renergie was formed for the initial purpose of raising capital to develop, construct, own and operate a decentralized network of ten modular-designed small advanced biofuel manufacturing facilities (SABMFs) in the parishes of the State of Louisiana which were devastated by hurricanes Katrina and Rita. ]. Donovan, CEO of Renergie, Inc.
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