Guest Post The president’s recent budget proposal includes $282 million for advanced biofuel technology research. This is quite encouraging given the rather public pull-back in continued biofuels investment from the investment community.
Aurora Algae, a developer of biofuels and biochemicals produced from processed algae, announced today that it has raised $22 million in its most recent round of funding.
The company is part of a small set of funded biologically-produced chemical companies …
Investing in biofuel companies that produce oil-alternatives fell 5.4 percent to $930 million in 2010, down from $980 invested in alternative fuel companies in 2009, according to a report from cleantech analysis firm Lux Research.
While investing in alternative fuels …
Enerkem, a company that specializes in converting unusable waste into ethanol and other chemicals, announced today that it has raised $30 million in an extension of its most recent funding round.
Enerkem converts household garbage and leftover debris from demolition …
Investments in clean technology projects fell 10 percent in the second quarter this year to $1.83 billion when compared to $2.03 billion in the second quarter of 2010, according to research firm Cleantech Group.
Kleiner Perkins Caufield & Byers led …
Biofuel producer KiOR has priced its initial public offering at $15 per share, down from $19 to $21 that the company originally announced on Wednesday.
A lot of media and Web 2.0 companies filing to go public, such as LinkedIn …
Former Secretary of State Condoleezza Rice announced on Wednesday that she will join the board of directors of biofuels producer KiOR beginning July 2011.
Rice has some experience dealing with petroleum companies and biofuel companies, having served on the board …
Oil and petrochemical giant Valero and existing investors have just dropped $60 million on Enerkem, a company that specializes in converting unusable waste into ethanol and other chemicals.
The company says it can convert household garbage, leftover debris from demolition …
The U.S. Department of Energy said today it will grant up to $130 million to renewable energy projects that can’t find funding from private investors.
The projects the DOE plans to fund are riskier than their solar and wind power …
Biofuel company KiOR is going public and wants to raise $100 million for a new plant that converts wood chips to petroleum, according to a filing with the Securities and Exchange Commission.
KiOR is bucking the biofuel trend by focusing …
Investments in clean technology startups rose 13 percent in the first quarter this year in North America, Europe, China and India — to $2.57 billion from $2.28 billion in the first quarter of 2010 across 159 companies — according to …
An escalating crisis at nuclear power plants in Japan following a massive earthquake and tsunami has not changed the investing thesis about clean technology, according to a number of leading venture capitalists and researchers.
Fears of a meltdown at the …
Here’s some of the latest action happening today on the GreenBeat:
Toyota announces that it has sold 3 million hybrid vehicles. The car company has 18 hybrid models, which use a mix of conventional fuel and electric power to increase …
Global agriculture and biotechnology giant Monsanto has taken an undisclosed equity stake in biofuels player Sapphire Energy. The two companies will also team up for a multi-year research collaboration.
Sapphire is working on what it calls “green crude” created from …
Biofuels for your face will be on sale soon.
Well, that’s the gist of it, anyway. The story: Algae biofuels company Solazyme has formulated a skincare line called Algenist using “anti-aging breakthrough ingredient alguronic acid” that will go on sale …
Here’s the latest action we’re following today on the GreenBeat:
Solyndra star fades, admits to mistakes — Once-bright rooftop solar startup Solyndra (pictured) has had its share of troubles lately. After raising $1 billion, the company was forced to slash …
Renewable chemicals company Genomatica has raised $45 million for a demonstration-scale production and early commercialization plans for a green version of butanediol (BDO), a chemical used in spandex, automotive plastics and running shoes.
“It’s all about making the same chemicals …
Here’s the latest action we’re following today on the GreenBeat:
Oregon geothermal project wins $96.8 million loan guarantee – The Department of Energy has finalized a loan guarantee to a project sponsored by U.S. Geothermal. The funds will go to …
Here’s the latest action we’re following today on the GreenBeat:
Vinod Khosla strikes back at the WSJ — Range Fuels, a biofuels startup backed by billionaire venture capitalist Vinod Khosla, got dealt a pretty tough criticism in a WSJ editorial …
Here’s the latest action we’re following today on the GreenBeat:
Abengoa to build biofuels plant in Kansas — Spanish multinational corporation Abegnoa said today it will build a 26.4 million-gallon capacity bioethanol plant in Hugoton, Kansas. It is the largest …
