| | Click underscored titles below, all of which are included in your subscription, to view both daily and weekly editions. SynGest seeks to raise funds for Biomass-Ammonia plant in Iowa (Ind. Report) SynGest Inc. has engaged Stern Brothers & Co. to raise capital for its first biomass-to-ammonia plant to be located in Menlo, Iowa. Upon its completion later in 2010, SynGest intends to build similar fertilizer mini-plants in other parts of the country and has started discussions regarding emerging opportunities with interested parties in Ohio, Oregon, Michigan and Minnesota. "While we intend to analyze a broad range of financing options, our primary focus will be on loans and loan guarantees, tax credits, taxable and tax-exempt bonds, and other forms of private and institutional investment," said Managing Director at Stern Brothers, John May. (Source: Business Wire, January 11, 2010) Contact: Jack Oswald, CEO, SynGest Inc., (415) 986-8300, joswald@syngest.com, www.syngest.com; John May, Managing Director, Stern Brothers, (314) 743-4026, jmay@sternbrothers.com, www.sternbrothers.com $903,480 US for Biomass furnace facility in Maine (Funding) RE-Gen LLC of Rockport, Maine is receiving a $903,480 US Advanced Energy Manufacturing Tax Credit for its planned $20,000,000 US manufacturing facility for biomass gasification furnaces in Millinocket. The facility will produce furnaces that can produce 250,000 to 20 million Btu by burning low-grade, green waste-wood chips under an exclusive manufacturing and licensing deal with Uniconfort of Italy. They can also generate 440 kilowatts to 10 MW electricity and burn landfill wastes. When the factory is completed RE-Gen anticipates installing 300 boiler gasification systems in the first five years for schools, hospitals, subdivisions and office buildings. According to the company, RE-Gen is assembling financing and pursuing other state and federal funding for the factory's construction. The company is building its sales and distribution network while currently negotiating more than $10,000,000 US in contracts with prospective clients. (Source: Bangor Daily News, January 10, 2010) Contact: Michael Kevin Lynch, Chief Marketing Officer, RE-Gen LLC, info@re-gen.com Licensing opportunity for Algae Technology (New Prod. & Tech.) Chatsworth, California-based Cavitation Technologies, Inc. (CTI) has filed a Non-provisional Utility Patent Application titled Method for Processing an Algae to Produce Algal Oil and By-Products. According to CTI, this technology is able to extract oil from algae on a continuous basis for commercial applications. CTI is looking to license its technologies to qualified companies and individuals. (Source: PR Newswire, January 12, 2010) Contact: Roman Gordon, CEO, Cavitation Technologies, Inc., (818) 718-0905, info@CavitationTechnologies.com, www.cavitationtechnologies.com Cobalt Technologies launches Biobutanol plant in California (Ind. Report) Cobalt Technologies has launched its first pilot biobutanol facility in Mountain View, California. The company has developed a microbe-based process for producing butanol from non-food biomass. According to CFO, Steve Shevick the company " can be profitable in today's oil environment." The company expects to competitive with corn-based ethanol by 2012, and intends to ramp up production to a full scale, commercial plant by with 15-to-50,000,000 gpy capacity by 2014. (Source: New York Times, January 13, 2010) Contact: Ben Carter, VP, Finance and Business Development, Cobalt Biofuels, (650) 230-0760, ben.carter@cobaltbiofuels.com , www.cobaltbiofuels.com $5,500,000 CDN for Bionergy plant in Ontario, Canada (G&C) Sustainable Development Technology Canada (SDTC) - a not-for-profit corporation created by the Government of Canada to finance and support late-stage development and pre-commercial demonstration of clean technologies - is providing $5,500,000 CDN ($5,324,000 US)to SunOpta BioProcesses Inc. (SBI) of Brampton, Ontario. The company plans to demonstrate its integrated process technology to produce biofuels from cellulose, bioenergy from lignin, and the sweetener xylitol, from xylan using wood chips as feedstock at a $16,600,000 CDN ($16,000,000 US) demonstration plant. The company already has a pilot plant in operation in Waterdown, Ontario. The SDTC funding will be leveraged with funding from members of its consortium, including Xylitol Canada and Emerald Forest Sugars Inc. (Source: Toronto Star, January 13, 2010) Contact: Robert Pontius, VP Commercial Development. SunOpta BioProcesses, (905) 455-2528, ext. 128, robert.pontius@sunopta.com, www.sunoptabioprocess.com; Dr. VJ Sharpe, CEO, Sustainable Development Technology Canada, (613) 234-6313, vj.sharpe@sdtc.ca, www.sdtc.ca $146,000,000 CDN Clean Energy funding includes Bioenergy - Part 2 of 2 (G&C) The following concludes our coverage of the Canadian Federal Government's investment of up to $146,000,000 CDN ($142,000,000 US) in response to a call for proposals under its Renewable and Clean Energy portion of the Clean Energy Fund. The actual amounts of awards are yet to be determined, with project funding ranging from $2,500,000 CDN ($2,430,000 US) to $20,000,000 CDN ($19,460,000 US) including the following bioenergy demonstration projects: · Nova Scotia Power - between $5,000,000 CDN ($4,886,000 US) and $10,000,000 CDN ($9,762,000 US) to determine optimum fuel blends for the potential co-firing of wood-based biomass with coal as a mechanism to partially replace fossil fuels with sustainable energy sources in coal plants. Contact : Margaret Murphy, Nova Scotia Power, (902) 233-6015, margaret.murphy@nspower.ca, www.nspower.ca · Manitoba Hydro - between $2,500,000 CDN ($2,430,000 US) and $5,000,000 CDN ($4,886,000 US) for a two-year bioenergy optimization program demonstration that will commence in 2010. Five different technologies will be demonstrated: Bio-oil as a replacement for heavy fuel oil in a large scale steam boiler/turbine combined heat and power system. Biomass gasification and use of syngas in a reciprocating engine driven generator. Biomass combustion and use of thermal energy in an organic rankine cycle waste heat generator. Biogas from a modular plug-flow digester fed with dairy cow manure to fuel a combined heat and power system. Torrified biomass as a replacement for lignite coal in heat and power generation and the subsequent use of waste heat from torrefaction for community heating. Contact : Manitoba Hydro, Glenn Schneider, Division Manager, Public Affairs, Manitoba Hydro, (204) 360-3535, gpschneider@hydro.mb.ca Additional funded project details may be found in yesterday's publications. (Source: Chronicle Herald, January 13, 2010/Manitoba Hydro, January 12, 2010) Contact: Clean Energy Fund, cef-fep@nrcan-rncan.gc.ca, http://cef-fep.nrcan.gc.ca Share with a colleague or customer To send a complimentary, 30 day FREE subscription to this publication to a business associate or customer, simply complete and submit the attached information form. We'll even advise your colleague that the publication(s) is being sent with your compliments! Click Here | |
