In New York, it is earnings season, and Codexis and Gevo both reported results below Street expectations on Friday. Gevo – GEVO. Gevo reported a $9.3 million loss for the quarter, with an adjusted EPS of $(0.76), below the Street consensus of $(0.52). Revenue from corn ethanol sales was in line, but gross margin came […]
In California, Technology Review asked Vinod Khosla, founder of Khosla Ventures, whether pre-revenue companies such as KiOR should be attemtping IPOs. The publication asked Khosla to explain the differences between companies such as KiOR and Nanosys, whose pre-revenue IPO Khosla had decried in a 2004 speech at Stanford University. In a letter to the publication, […]
In Pennsylvania, BARD and OriginOil have formed a co-venture for technology development, focusing on BARD’s BA 1000, a patent-pending modular system of Photo BioReactors (PBRs) to cultivate algae at commercial scale, and OriginOil’s harvesting and extraction technology. OriginOil’s breakthrough technology has led it to focus efforts on harvesting and extraction. “OriginOil’s harvesting and extraction technology […]
In the UK, Greenergy announced that it has begun producing biodiesel from food waste, in partnership with Brocklesby Ltd, a specialist in recycling edible oils, unsaleable food products such as crisps and pies. Greenergy has invested £50 million in its biodiesel production facility in Immingham on the east coast of England in order to efficiently […]
In New Zealand, LanzaTech has won another global award, a TiE50 for energy and cleantech. The awards are part of TiE Silicon Valley, the world’s largest annual conference for entrepreneurs. LanzaTech was one of 1600 nominations in the energy/cleantech, software/cloud computing, internet/social networking, wireless/mobile and life sciences categories. Vish Mishra, president of TiE Silicon Valley, […]
In Peru, Maple Energy stated in an update that they have recently updated projections for its estimated ethanol production costs, now expected to be approximately US$1.42 per gallon as compared to US$1.28 per gallon previously reported on 29 March. Maple reports that this is a result of increased commodity pricing that has impacted costs for […]
greeneyespy: CCC calls for increased policy support for UK offshore wind and marine energy, strong on nuclear, cautions on biofuels PANGEA_LINK: @foeeurope @ActionAidEU #ILUC models inconsistent to calculate #GHG. BBSRC: Chief Executive’s blog: PPDRs, biofuels, risk and knowledge GoBeyondHealth: More on Biofuels are a “Crime Against Humanity” InsightGroupPlc: Iowa State’s role in the future of […]
In California, “How many New York Times readers would know that global biofuels production is 12 times higher than global wind?” on a BTU basis, asks a Digest reader, even allowing for energy consumed in the production of energy crops and fuels. It’s true: looking at figures from international authorities, production from ethanol, renewable diesel, […]
In Washington, the USDA announced that it will award $15 million to the Show Me Energy cooperative in Missouri, in a grant aimed to foster development of switchgrass and other perennial energy crops as biofuels feedstocks. 20,000 acres will be planted in 38 counties across Missouri and Kansas in the initial phase of the program, […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, finished a dismal week by dropping 0.31 percent to 90.23 as advanced biofuels struggled. For the day, Archer Daniels Midland (ADM) fell 0.32 percent to $33.97, while Biox (BX.T) tumbled 9.15 percent to $1.19. Among other equities, Codexis (CDXS) fell 4.57 percent to $9.60. […]
