In California, Clean Energy Capital is moving closer to its goal to develop a $575 million investment in sugarcane-to-ethanol in the Imperial Valley. The project will produce 66 million gallons of ethanol, biomethane to heat 10,000 homes, electricity to run 35,000 homes and will use sweet sorghum as a supplement to cane as a feedstock. […]
In New York, Bion Environmental Services’ project to produce ethanol in Oswego County lost local support last week when the town board of Schroeppel rescinded its approval because the company hadn’t moved forward. The company says it has been waiting for the county legislature’s support, but the county says the decision is up to the […]
In the Philippines, government consultations with domestic ethanol producers continue as the Department of Energy works to figure out how much imports will be needed for the country to reach its 2011 blending mandate. Though the local companies have the capacity to produce 318 million liters by 2011, compared with the 400 million liters needed […]
In California, the California Energy Commission has approved eight grants that leverage more than $9.6 million in state funding with $11,969,855 in private funds. The projects will reduce petroleum use, cut pollution and provide jobs by advancing the manufacture of electric vehicles and vehicle batteries, adding vehicle charging stations, and encouraging the use of biofuels. […]
In Brazil, ETH Bioenergia says the country’s ethanol industry needs $50 billion in investment by 2015/16 in order to meet domestic demand. Thanks to Brazil’s growing flex-fuel fleet, consumption is expected to rise to 60 billion liters by then, up from its current consumption of 24 billion liters. Though national and international investment has already […]
In India, sugar mills are getting twitchy because a high level expert panel has suggested that national oil companies only blend 400-500 million liters of ethanol during 2011 rather than the 1 billion liters they sought during a recent supply tender and the 600 million liters they’ve already been contracted for. The country’s agriculture minister […]
GrowthEnergy: Is food v fuel debate subsiding? WSJ isnt blaming #biofuels, so maybe.: OilandEnergy: Algae Biofuels Dealt a Blow by BP funded EBI sandersjoy: Sawa’s “Algaerium” Incorps Algae Into Interior Design, explores production of biofuels w/in our built environments DSchvejda: Europes Biofuels Plans Driving Social and Environmental Destruction laurablewitt: U.S. private equity firm bringing sugarcane […]
In Illinois, researchers at the University of Illinois have confirmed the existence of a potential new virus in switchgrass that could pose new challenges to developing the plant as an energy crop. The virus is associated with mosaic and yellow streak symptoms and reduces photosynthesis as well as biomass yield. More on the story.
In Brussels, the Institute for European Environmental Policy has released a study claiming that an area the size of Ireland will be required to meet the EU’s biofuel blending mandate for 2020 and as a result will generate between 81 and 167 percent more carbon dioxide than fossil fuels. More on the story.
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, dropped 0.21 percent to 76.70. For the day, Archer Daniels Midland (ADM) fell 0.51 percent to $31.19, while Gushan (GU) rocketed up 12.39 percent to $1.22. Among other equities, Codexis (CDXS) gained 3.42 percent to $10.29. Overall, declines and advances were even for the […]
