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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. —Randall C.

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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. By creating renewable fuel and sequestering the biochar in the ground as soil enhancer, the process permanently removes atmospheric CO 2 for hundreds of years. Click to enlarge.

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Sundrop Fuels selects Louisiana site for planned first biogasoline facility

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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.,

Louisiana 186
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Renewable Energy Group to acquire Tyson Foods’ half ownership of Dynamic Fuels renewable diesel biorefinery

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Renewable Energy Group, Inc. The Geismar facility, completed in 2010, was the first large scale renewable diesel biorefinery built in the US. REG is a long-term customer of ours, buying fats, oils and greases to make renewable fuel, and we hope to continue that relationship. REG) has reached an agreement with Tyson Foods, Inc.

Renewable 199
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Darling International and Valero Considering Forming a Joint Venture for Renewable Diesel

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Darling International and a subsidiary of Valero Energy Corporation are taking initial steps towards the formation of a joint venture to build a facility capable of producing more than 10,000 barrels/day or (135 million gallons per year) of renewable diesel on a site adjacent to Valero’s St. Charles refinery near Norco, Louisiana.

Renewable 199
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US Geothermal Power Could Top 10 Gigawatts, New Industry Report Says

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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.

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USDA awarding $136M to five major research projects focused in part on developing cellulosic drop-in aviation fuels

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US Agriculture Secretary Tom Vilsack announced five major agricultural research projects aimed at developing regional, renewable energy markets, generating rural jobs, and decreasing America’s dependence on foreign oil. The project aims to develop a regional source of renewable aviation fuel for Seattle-Tacoma International Airport.

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