Tag Archives: Investment

Ways and Means Should Include Job Creation of Advanced Biofuels and Bioproducts in Green Jobs Leg

On Wednesday, April 14 the House Ways and Means Committee will hold a hearing on Energy Tax Incentives Driving the Green Job Economy. The focus of the hearing is to examine the effectiveness of current energy tax policy and identify additional steps that the Committee can take to ensure continued job growth in this area while at the same time advancing national energy policy focus on a discussion of current and proposed energy tax incentives. Read More >

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DOE Awards Grants to Biofuel, Chemical Biorefineries

Last month, Energy Secretary Steven Chu and Agriculture Secretary Tom Vilsack announced 19 biomass projects that would receive renewable energy grants under the American Recovery and Reinvestment Act. The list included 14 pilot, 4 demonstration, and 1 commercial-scale project, receiving a total of $561 million in grants ranging in size from $2.5 million to $81 million. The projects will be located in 15 different states. Additionally, Vilsack announced a $54.5 million Biorefinery Assistance Program loan guarantee Read More >

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BIO Pacific Rim Summit: Status of Cellulosic Ethanol Commercialization

Qteros, ZeaChem and Verenium presented updates on their efforts to bring three unique cellulosic ethanol processes to commercial status. Qteros CTO Kevin Gray described how the company’s Q Microbe™ (Clostridium phytofermentans) enables a single step (consolidated bioprocessing) conversion and fermentation process for fuels. This approach can save as much as 40 percent in production costs. Qteros is currently scaling its technology up for a 100 liter laboratory bioreactor. ZeaChem President and CEO Jim Imbler outlined Read More >

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Pacific Rim Summit — Biobutanol: Overcoming the Barriers

The biobutanol panel at the 2009 Pacific Rim Summit on Industrial Biotechnology and Bioenergy had three dynamic speakers from the biobutanol industry: Pat Gruber, CEO of Gevo, Inc.; Jay Kouba, CEO of Tetravitae Bioscience and Rick Wilson, CEO of Cobalt Technologies. Besides the individual company presentations the conversation concentrated on technology, risk, barriers and financing on the path to commercialization. Jay Kouba related to the audience that the business plan with the best technology is Read More >

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Webinars for Reporters: Pacific Rim Summit to Host Forums on Algae, Cellulosic Biofuels and Renewable Chemicals

BIO will host three webinars from the Pacific Rim Summit on Industrial Biotechnology and Bioenergy in Honolulu, featuring companies, researchers, and policy makers at the forefront of efforts to commercialize algae applications, cellulosic biofuels, and renewable chemicals. 1.International Developments in Algae Commercialization Valerie Reed, U.S. Department of Energy; Patrick McGinn, Institute of Marine Biosciences, National Research Council, Canada; Ravi Shrivastava, Defence Research Development Organization, India. Monday Nov. 9, 3:00 p.m. to 4:30 p.m. EST (12:00 Read More >

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