OriginOil, Inc. the developer of breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, today announced it has received the first commercial order to deploy its algae oil extraction system in an industrial setting. MBD Energy (MBD) recently committed to purchase an initial OriginOil...
Verenium Corporation, a pioneer in the development of next-generation cellulosic ethanol and high-performance specialty enzymes, announced plans to build its first commercial-scale cellulosic ethanol facility in Highlands County, Florida. The Company has entered into long-term agreements with Lykes Bros. Inc., a multi-generation Florida agri-business...
Green Power EMC (GPEMC), a partnership of 38 electric membership corporations (EMCs) in Georgia, today announced plans to purchase 17 MW of biomass energy from Multitrade Rabun Gap (MRG), LLC. The Rabun Gap project will use woody waste as the primary fuel in a conventional boiler for the generation of steam to power a steam turbine electric generator. The...
Covanta Holding Corporation, a world leader in development, operation and ownership of Energy-from-Waste and renewable energy facilities, today announced that it has amended its agreement to purchase two biomass energy facilities from co-owners Ridgewood Maine, L.L.C. and Indeck Energy Services, Inc. Pursuant to the amended agreement, Covanta has agreed...
N-Viro International Corp.,, an environmental and materials handling company that owns patented technologies that convert various types of wastes into the renewable biofuel N-Viro Fuel(TM), has formed a joint venture with SouthSide Environmental Group, a subsidiary of Schimley’s Excavating, Inc., to jointly construct, manage and operate an N-Viro...
Energy Quest, Inc., an emerging leader in alternative energy and the development and production of hydrogen-enriched alternative fuels in an environmentally responsible manner, today announced the signing of a Memorandum of Understanding (MOU) to establish a joint venture to jointly own and construct the installation of a 500 tons per day of MSW (municipal...
Plantation Energy, Australia’s only manufacturer and exporter of Densified Biomass Fuel (DBF) pellets, and Denham Capital announced that Denham will make up to a US$80 million equity investment in Plantation. Initial proceeds will go towards funding the construction of a new manufacturing plant in Albany, Western Australia. The investment will...
Panda Ethanol Inc. announced that it has successfully restructured the funding arrangements on the company’s 115-million gallon-per-year, biomass-fueled ethanol refinery, located in Hereford, Texas. The restructuring was made with the support of the project’s senior and subordinated lenders and will allow for the completion of construction...
Rentech, Inc. announced that the Company believes the enactment of the Emergency Stabilization Act is a positive step toward creating financial stability in the marketplace. The inclusion of several tax provisions in the Act will greatly benefit Rentech’s efforts in domestic alternative fuels production. Rentech has a commercial pipeline of both biomass...
Laidlaw Energy Group, Inc., through its affiliate, Laidlaw Berlin BioPower, LLC, announced that it has reached agreement with Public Service Company of New Hampshire (“PSNH”) on the material terms of a contemplated 20-year power purchase agreement for Laidlaw’s Berlin, New Hampshire Biomass Energy Project. The agreement between the parties contemplates...