In California, the U.S. Navy conducted a biofuels test on the destroyer U.S.S. Paul H. Foster by loading 20,000 gallons of a 50-50 petroleum and algal-based biofuel blend for a twenty hour trip from San Diego to Port Hueneme. This test marks a successful milestone in the Navy’s efforts to deploy a “Great Green Fleet” […]
In New York and China, American Jianye Greentech Holdings announced it has signed a 45,000 tons per year contract for 3 years with Guangdong Mao Enterprise Petroleum. Mr. Mr. Haipeng Wang, Chairman and CEO, commented that the contract will generate over $3 million in net profit a year. Guangdong will market American Jianye’s unique alcohol-based […]
In Thailand, Bangchak Petroleum will reopen its 300,000 liter per day Bang Pa-in biodiesel facility. The facility was closed over a month ago due to concerns that flooding would disrupt its feedstock supplies.
In the Philippines, Senator Francis Pangilinan wants the Department of Agriculture to investigate the P1 billion that was lost when Philippine National Oil Company announced the shutdown of it’s jatropha program back in October. Senator Pangilinan stated, “Those who committed the blunder should explain themselves to our countrymen, especially to the millions of Filipinos who […]
In South Africa, some Cabinet Members, representatives of business organizations, community organizers and trade unions signed a Green Economy Accord committing all parties to action, with a mechanism for evaluation and monitoring to make sure that the goals are reached. The biofuel goals include finalization of blending regulations for 2% ethanol, 5% biodiesel, and an […]
In California, Cereplast announced Q3 2011 results, with net sales of $5.4 million, compared to $1.5 million for the third quarter of 2010. This increase reflects growth in orders due to the growing demand for bioplastics. Gross profit Q3 was $894,000, or a 16.7% gross margin, compared to 25.2% for the third quarter of 2010 […]
In California, Energy Biosciences Institute, researchers have found a gene they named AXY4, in a model plant that exhibits a 20-45% reduction in xyloglucan O-acetylation. This chemical can inhibits a microbe’s ability to ferment sugars. The researchers found that blocking the expression of AXY4 in their model plant eliminated xyloglucan O-acetylation. For every 20% drop […]
In Washington, Secretary of Energy Steven Chu, testifying before the House Energy and Commerce Committee, said that he did not feel political pressure to issue a loan guarantee to Solyndra, and took personal responsibility for what he said was a decision made on the merits. “Certainly knowing what I know now, we’d say `no,’” Chu […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 1.92 percent to 72.10 as advanced biofuels plunged. For the day, Archer Daniels Midland (ADM) slipped 0.79 percent to $28.71, while Gevo (GEVO) dropped 7.31 percent to $7.10. Among other equities, Solazyme (SZYM) plummeted 9.31 percent to $11.49. Overall, declines led advances 5 […]
S-Day is all about Solyndra and Secretary Chu and scandal, but it should be about making cleantech successful and strong Today, November 17th, all eyes in the energy sector will be trained on Washington, where Secretary of Energy Steven Chu testifies before Congress regarding the failed Solyndra loan guarantee. Recent news that Obama Administration officials […]
