In Washington, Senator Jeff Bingaman of New Mexico, chairman of the Senate Energy and Natural Resources Committee, introduced The Clean Energy Standard Act of 2012, introducing a Clean Energy Standard (CES), requiring a percentage of nation’s electricity to come from renewable sources such as biomass. The bill summary says: “Over the past decade, Congress has […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, recovered 0.29 percent to 73.76 despite a sharp advanced biofuels retreat. For the day, Amyris (AMRS) dropped 3.53 percent to $5.38, while Novozymes (NZMB) gained 2.07 percent to $29.60. Among other equities, Gevo (GEVO) retreated 9.09 percent to $9.10. Overall, declines and advances were […]
This past week in the Digest, we have been looking at the cost and timelines associated with what are broadly called the family of cellulase enzymes – enzymes that produce fermentable sugars from cellulose. We profiled an update from Novozymes, as well as the latest from Genencor, Dyadic, DSM and others, in The Enzyme Wars. […]
In California, Sapphire Energy announced it has entered into a licensing agreement with Earthrise Nutritionals, to integrate Earthrise Nutritionals’ spirulina strain into Sapphire’s growing inventory of cyanobacteria and algae strains for algae-to-energy production. The impact As a result of this agreement, Sapphire Energy said it will “significantly improve its operational efficiency by expanding the range […]
In California, Genomatica announced they have received a $3.5 million upfront payment based on an agreement they have signed with Mitsubishi Chemical. The agreement calls for the two companies to exclusively negotiate definitive agreements for a joint commercial operation in Asia for the production of BDO using Genomatica’s process technology. The payment has been made […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, dropped 1.61 percent to 73.55 as the broader equity markets retreated. For the day, Amyris (AMRS) dropped 6.11 percent to $5.38, while OriginOil (OOIL.OB) jumped 7.27 percent to $1.77. Among other equities, Gevo (GEVO) was up sharply on good 2001 earnings, 12.22 percent to […]
In Virginia, congressman Randy Forbes who sits on the House Armed Services Committee has criticized Navy Secretary Ray Mabus for spending taxpayer money on expensive biofuels that cost four times as much as traditional fuels. He told local press, “That’s why I said ‘Mr. Secretary, with all due respect, you’re not the Secretary of Energy, […]
New ideas on growing hydrocarbons directly in the field tap ancient ideas of agriculture, and ancient capabilities trapped deep in the genome Funky, eclectic Key West was once the home to much of the US Navy’s Caribbean squadron and, in the 19th century, at the forefront of national security worries, based on the threat expressed […]
In Colorado, Gevo reported 2011 revenues of $64.6 million, compared to $16.4 million in 2010, and net losses for the year of $48.2 million compared to $40.1 million last year. Revenues for Q4 grew to $17.2 million, up from $14.1M in Q4 2010, with a net loss of $14.2M for the quarter compared to $6.3M […]
In California, Biosolar reports progress with one unnamed customer who is preparing a batch of solar panels with integrated BioBacksheet for full panel recertification by Underwriter’s Laboratories. Full panel UL certification is the final step required before BioSolar can accept production run purchase orders from solar panel manufacturers.
