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Sugar Cane Waste to Energy Project
(October 1, 2011 - Louisiana) Global Fuel Technology LLC
A Feed stock Acquisition company along with Clear Sky Energy Systems,
a San Diego based developer, is partnering with Renova to develop
a 10MW biomass plant co-located on the site of large sugar company
in Louisiana. The $18MM project will convert sugar cane waste
(known as bagasse) into activated carbon and synthetic diesel
fuel. Design, permitting and off-take negotiations are underway,
and ground breaking is expected in late 2011 or early 2012.
.Ineos Bio Finalizes $75M in Private
Financing for Loan Guarantee
(August 25, 2011) Ineos announced this month
that its joint-venture project, Ineos New Planet BioEnergy finalized
$75 million in private financing utilizing the USDA loan guarantee
program for its new Indian River BioEnergy Center located in
Florida. This is the first large-scale advanced bioenergy project
in the U.S. to finalize its financing in the latest round under
the USDA government program to commercialize biorefinery technology.
The financing concludes all necessary funding to complete the
project and will be used for equipment, engineering and construction
of the BioEnergy Center. The BioEnergy Center, located near Vero
Beach, Fla., is a commercial-scale project that will produce
8 MMgy of advanced biofuels and 6 megawatts (gross) of renewable
power annually from renewable biomass including local yard, vegetative
and household wastes.
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Ineos New Planet BioEnergy Closes Latest
Round of Financing
(August 24, 2011) In the US, Ineos New Planet BioEnergy
has finalised $75 million (€52 million) in private financing,
utilising funds awarded by the US Department of Agriculture's
(USDA) loan guarantee programme for its new BioEnergy Center.
The financing will be used to complete the project, including
equipment, engineering and construction.
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Co-gen Plant May Save Bundle
Boundary County commissioners and about 25
people gathered at the County Extension Office to see a presentation
by Kris Skrinak, president of adaptiveARC, Inc.
The company manufactures what they tout as
the most economically and environmentally compelling solution
for waste elimination and energy generation.
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