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Banks Seeing Green, Other Than Greenbacks
Posted September 2, 2010



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Groundbreaking held for waste-to-fuel facility

A groundbreaking ceremony held Aug. 31 in Edmonton, Alberta, was the culmination of many words-painting a picture of possibilities, visions and ideas for a waste-to-biofuels project, said Vincent Chornet, president and CEO of Enerkem Inc. "This morning, we put our words in action," he said. Enerkem is starting construction with its partners, the City of Edmonton and the Government of Alberta.READ MORE

LanzaTech produces chemical building blocks

LanzaTech NZ Ltd., a New Zealand-based producer of fuels from waste gas, has successfully produced a building block used to make polymers, plastics and hydrocarbon fuels. The 2,3-butanediol (2,3-BD) product can be used in gasoline blendstocks, fuel additives, synthetic rubbers, plastic polymers, coatings, sealants and adhesives. More importantly, Jennifer Holmgren, CEO of LanzaTech said, "Collectively, these chemicals represent a growing market of over $40 billion per year."READ MORE

USDA, DOE partnership to better bioenergy

Energy Secretary Steven Chu and Agriculture Secretary Tom Villack announced research awards under a joint DOE-USDA program aimed at improving and accelerating genetic breeding programs to create plants better suited for bioenergy production. The $8.9 million investment is part of the Obama Administration's broader effort to diversify the nation's energy portfolio and to accelerate the development of new energy technologies designed to decrease the nation's dependence on foreign oil.READ MORE

Biomass conference panel will address regional policy strengths, weaknesses

Many stakeholders in the biomass industry maintain that state-mandated renewable portfolio standards (RPS) would spur development in the Southeast U.S., with its rich woody biomass resources and port access for export.READ MORE

Dow Corning considers biomass CHP

Silicone-based product manufacturer Dow Corning is considering constructing a biomass combined-heat-and-power plant on its Midland, Mich., site to power its existing facility as well as provide steam for its product manufacturing operations there.READ MORE

Rentech taps UOP technology for California facility

UOP LLC, a Honeywell company, announced Sept. 1 that its technology was selected for use in Rentech Inc.'s Rialto Renewable Energy Center for the conversion of biomass to transportation fuels.READ MORE

Renewables groups oppose Loan Guarantee Program cuts

A recent dip into the U.S. DOE's Loan Guarantee Program funding has renewable energy groups feeling a bit neglected as it is the second time funding has been "borrowed" for other purposes, the first amount still not repaid.READ MORE