US government fuel subsidy leads to growing interest in XcelPlus Global...
Ethanol fuel producer XcelPlus Global Holdings has seen a rise in interest and demand for its alternative fuel since the US government's green-fuel tax subsidy of 50 cents per gallon was introduced.
View ArticleUnited Steelworkers Union urges US government to retain alternative fuel tax...
Members of the United Steelworkers Union have urged the Senate Finance Committee, House Ways and Means Committee as well as congressional representatives and senators to understand the need to retain...
View ArticleClean fuel company Accelergy Corporation welcomes two new additions
Accelergy Corporation, a US clean fuel producer, has appointed Tim Vail as president and CEO and David Eichinger as CFO.
View ArticleUS alternative fuels company Evolution Fuels appoints Patrick Berry to get...
Evolution Fuels, a US renewable fuels company, will retain Patrick Berry, CPA to assist the company in becoming current with its financial reporting.
View ArticleAlternative fuels company Solazyme appoints David Isaacs senior vice...
Solazyme, a renewable oil production and algal biology company, has appointed David Isaacs senior vice president of government relations.
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Alternative fuel specialist Westport Innovations pays €19m for vehicle...
NASDAQ-listed alternative fuel and low-emissions transport technology specialist Westport Innovations has acquired all of the outstanding shares of Italian alternative fuel vehicle developer OMVL for...
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Quantum Fuel Systems cuts net loss on increased revenue
Renewable energy company Quantum Fuel Systems Technologies Worldwide has cut its net loss to a fractional fortieth of what it incurred a year ago, as its revenues rose 44 per cent.
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BASF invests $30m into US biofuel supplier Renmatix
German chemical giant BASF's bioenergy subsidiary has invested $30m into Renmatix, a US company that provides cellulosic sugars for the renewable fuels and chemicals markets.
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Solazyme appoints SVP of engineering
US biofuel manufacturer Solazyme has appointed Mark Warner as senior vice president of engineering, with responsibility for the design and construction of the company's renewable oil and bioproduct...
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New opportunities for US waste-to-fuel
Technologies converting waste into fuel are becoming increasingly valuable as companies throughout the world push towards greater efficiency.
View ArticleAlternative fuel company Joule raises $70m
US renewable fuel company Joule has secured $70m through its third round of funding, bringing the total raised by the business to more than $110m.
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Algae.Tec forms JV to build biofuel plant in China
Australian alternative fuel develop Algae.Tec has formed an equal equity joint venture with Chinese company Shanding Kerui Group, to build an algae biofuel facility in China.
View ArticleAmyris sees rise in losses during 2011
Nasdaq-listed biofuel producer Amyris made a net GAAP loss of $178.9m in 2011, an increase of more than $50m compared to 2010’s loss of $123.9m.
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Clean Energy Fuels increases net loss in 2011 to $47m
US alternative fuel developer Clean Energy Fuels made a net loss of $47.6m in 2011, a significant increase on a net loss of $2.5m made in the preceding year.
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Alternative fuel developer Primus Green Energy secures $12m investment
US alternative fuel developer Primus Green Energy has secured a $12m investment from IC Green Energy, the renewable energy arm of Israel Corp.
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Colbalt wins biofuel order from US Navy
US alternative fuels developer Colbalt has been selected by the US Naval Air Warfare Center Weapons Division to supply biofuel for an aviation production run.
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Bioenergy business Kedco doubles revenue, lowers loss
Ireland-based bioenergy company Kedco recorded revenue worth €11.7m in the second half of 2011, more than double the first half total of €5.4m.
View ArticleHoneywell to launch aviation biofuel test programme
US technology giant Honeywell has launched a biofuel test flight programme in collaboration with the National Research Council of Canada and Agrisoma Biosciences.
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US bio associations urge senate to support military biofuels
A group of US bioenergy organisations has written to leaders of the Senate Appropriations Committee urging them to authorise the Department of Energy to transfer funds to the Defense Production Act.
View ArticleChina New Energy wins $32m deal with ethanol producer
Alternative fuels company China New Energy has signed agreement of intent with China’s state-owned Jilin Ethanol Industrial Company, to upgrade a biofuel plant.
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