In Washington, the US Department of Energy announced today $3.5 million for an algae project aimed at accelerating the development of sustainable, affordable algal biofuels. This research project supports the Department’s goal of producing 2,500 gallons of algal biofuel feedstock per acre per year by 2018, an important milestone toward reducing the cost of […]
From Minnesota, we hear that BioAmber priced a 2.8M share offering at $12.00 per share, and raised $33.6M. The company granted the underwriters in the offering a 30-day option to purchase up to an additional 420,000 shares of its common stock. Credit Suisse Securities and Canaccord Genuity are acting as the bookrunning managers for the […]
Could a liquid fuel technology emerge that connects solar PV to the efficiency of electric engines — but, this time with long driving range and near-instant refueling instead of laborious recharging? And, could the liquid fuel be made from the very waste CO2 that bedevils our environment? Those ideas just took a big step forward — involving […]
The Biofuels Digest Index, an index of publicly traded biofuels stocks, slipped 0.15 percent to 81.35 as chemicals retreated. For the day, Codexis (CDXS) fell 7.39 percent to $1.88 after a record jump on Tuesday, while BioAmber dumped 16.98 percent to $11.80 after raising $33.6M in a post-IPO 2.8 million share offering. Among other equities, […]
In Washington, the US Department of Energy announced $6 million for two projects to develop next generation biofuels that will help drive down the cost of producing gasoline, diesel, and jet fuels from biomass. The research and development projects, located in California and North Carolina, will focus on lowering production costs by maximizing the renewable […]
Are your biotechnologies run down, listless? Do they poop out at pitch meetings? Are they unpopular? The answer to your problems may well be in this list — in the technologies that eliminate the waste that comes from biorefining itself? Making industrial biotech more efficient, transformative and sustainable. So, join the happy peppy people following our 10 […]
From California, we hear that Codexis has announced the signing of a platform technology license agreement with GlaxoSmithKline (GSK). The company’s stock rose 43% on the news. The agreement in detail Here’s the skinny: Under the terms of the agreement, Codexis granted GSK a license to use Codexis’ proprietary CodeEvolver protein engineering platform technology in the […]
The Biofuels Digest Index, an index of publicly traded biofuels stocks, slipped 0.21 percent to 81.47 despite an enzymes surge. For the day, Codexis (CDXS) soared 43.97 percent to $2.03 after a signature deal with GSK, while Aemetis (AMTX) rocketed up 7.24 percent to $10.51. Among other equities, Metabolix (MBLX) tumbled 12.29 percent to $0.70. […]
In Florida, 40% of The Digest’s subscribers said that “the energy future” would not be built in the US, and instead pointed to Asia. In the online poll, 82% of subscribers said that Asia would be “very important” or “critical” in technology deployment at scale, compared to 61% for the US, 50% for Europe, 45% […]
In Minnesota, Three Rivers Energy hosted a ribbon cutting event and open house to mark the one-year anniversary of resuming production at its Coshocton, Ohio, ethanol plant. Local and national officials were on hand to discuss the importance of home-grown biofuels to U.S. energy independence and the role of the Coshocton facility in contributing to […]
