Tuesday, December 23, 2008

DOE Invest up to $385 Million for Six Biorefinery Projects

The U.S. Department of Energy (DOE) announced it will invest up to $385 million over the next four years for six biorefinery projects capable of producing more than 130 million gallons of cellulosic ethanol annually. Read

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posted by Geetha @ 12:35 AM 0 Comments

Goldman Sachs & Co. Invested C$30 Million With Iogen Corporation

The buzz this week in the promising but elusive field of cellulosic ethanol, came in the form of a major Wall Street firm acquiring an equity position with a Canadian company hopeful for commercial success. The funds will be used to accelerate Iogen's commercialization of cellulose ethanol technology. Goldman Sachs' investment gives it a minority stake in Iogen, the only company to be operating a demonstration facility that converts agriculture materials like straw, corn stalks, and switchgrass to ethanol. Read more

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posted by Geetha @ 12:01 AM 0 Comments

Monday, December 22, 2008

Cellulosic Ethanol Companies and Their Investments

Cellulosic ethanol (aka lignocellulosic ethanol, or ceetoh) is a type of biofuel produced from lignocellulose, that comprises much of the mass of plants. Get to know the complete list of Cellulosic ethanol companies leading the industry. Read

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posted by Geetha @ 9:45 PM 0 Comments

Friday, December 19, 2008

Cellulosic Ethanol Projects Receive up to $33.8 million

The projects focus on developing improved enzyme systems to convert cellulosic material into sugars suitable for the production of biofuels. Read

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posted by Geetha @ 6:59 AM 0 Comments

GM Investment in a Developer of Cellulosic Ethanol Technology

General Motors Corp. and Mascoma Corp. a strategic relationship to develop cellulosic ethanol focused on Mascoma's single-step biochemical conversion of non-grain biomass into low-carbon alternative fuels to help address increasing energy demand. Read

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posted by Geetha @ 12:52 AM 0 Comments

Invest in Cellulosic Ethanol Stocks. Get Rich

Read this articles on Cellulosic Ethanol.

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posted by Geetha @ 12:41 AM 0 Comments

Lack of Investment in Cellulosic Ethanol is Causing Major Project Delays

Lack of investment in cellulosic ethanol is causing major project delays and industry stagnation, according to a business leader in the ethanol industry. Read this

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posted by Geetha @ 12:36 AM 0 Comments

UK oil giant BP will Invest $90 Million into Verenium

UK oil giant BP will invest $90 million into Verenium over the next 18 months to both access Verenium’s cellulosic ethanol technology, and with plans to create a joint venture to work on cellulosic ethanol production. Read

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posted by Geetha @ 12:33 AM 0 Comments

Tuesday, December 16, 2008

Companies Investing in Ethanol Production

Vinod Khosla is still investing in technology, but much of it has nothing to do with the world of network computing in which he made his name. He is particularly excited about new ways of producing ethanol, which he says could rapidly displace gasoline.
Branson, the chairman of Virgin Group, plans to invest $300 million to $400 million to produce and market ethanol made from corn and other sources.
Investment, Gates's private investment firm, has declared its intention to buy $84 million in newly issued preferred convertible securities in Pacific Ethanol.
read more

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posted by Geetha @ 8:15 PM 0 Comments

Incentives Required for Cellulosic Ethanol

Verenium Corp Chairman Carlos Riva said the 5-year U.S. farm law enacted last month was a good start in boosting cellulosic technology, which aims to produce large quantities of ethanol for fuel from switchgrass, crop residues and other plant cellulose wastes. Ethanol in the United States is now mostly made from corn.
The new farm law provides $320 million in loan guarantees for the next two years for construction of cellulosic refineries. But an additional $150 million may be allocated if lawmakers are able to find the funding. Read

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posted by Geetha @ 7:54 PM 0 Comments