News and Information for Ethanol and BioDiesel Industries http://www.biofuelsjournal.com Mon, 06 Feb 2012 13:33:29 EST http://www.biofuelsjournal.com/articles/Volvo_Sells_25_Hybrid_Electric_Biodiesel_Buses_to_Gothenburg_Tramways-119657.html http://www.biofuelsjournal.com/articles/Volvo_Sells_25_Hybrid_Electric_Biodiesel_Buses_to_Gothenburg_Tramways-119657.html Goteborg, SwedenVolvo (sto:VOLVA)(sto:VOLVB) has now sold a total of 100 buses powered by hybrid technology in the Nordic countries. The latest order to be received by Volvo Buses is for 25 hybrid buses for Goteborgs Sparvagar (Gothenburg Tramways), which operates public transport services on behalf of Vasttrafik. Delivering up to 37 percent lower fuel consumption and with a much lower environmental impact than conventional diesels, Volvo hybrid buses have achieved significant market success around the world. Now, the company's home town of Gothenburg has ordered 25 hybrid buses which are scheduled to enter service later this year. "The hybrid buses are an Mon, 06 Feb 2012 08:00:22 EST http://www.biofuelsjournal.com/articles/Mansfield_Energy_to_Market_Ethanol_and_DDGS_For_Red_River_Energy_Ethanol_Plant_in_Rosholt__SD-119619.html http://www.biofuelsjournal.com/articles/Mansfield_Energy_to_Market_Ethanol_and_DDGS_For_Red_River_Energy_Ethanol_Plant_in_Rosholt__SD-119619.html Bloomington, MN—Mansfield Renewable Energy has entered into an ethanol and feed co-product marketing agreement with the Red River Energy plant in Rosholt, South Dakota. The plant, which began grinding at the end of 2011, is forecasting a production capacity of 25 million gallons of ethanol, 36,000 tons of dry distiller grains and 72,000 tons of modified distiller grains per year. Jon Bjornstad, President of Mansfield Renewable Energy, stated, “We’re excited to offer a new line of products and services through our work with Red River Energy. "Many of our plant partners have asked us to provide feed marketing options in the Fri, 03 Feb 2012 15:12:15 EST http://www.biofuelsjournal.com/articles/2011_U_S__Venture_Capital_Invenstment_in_Clean_Technology_Steady_at__4_9_Billion_Despite_Rough_Economy-119606.html http://www.biofuelsjournal.com/articles/2011_U_S__Venture_Capital_Invenstment_in_Clean_Technology_Steady_at__4_9_Billion_Despite_Rough_Economy-119606.html Boston—US venture capital (VC) investment in cleantech companies reached $4.9 billion in 2011, flat in terms of deals and down 4.5% in terms of capital invested compared to 2010, according to an Ernst and Young LLP analysis based on data from Dow Jones VentureSource. However, this represents a 29% increase from the $3.8 billion raised in 2009. In Q4 2011 VC investment in cleantech reached $940.5 million with 70 rounds of financing. "Cleantech is still in the early stages of a long-term journey," said Jay Spencer, Ernst and Young LLP's Americas Cleantech Director. "We've reached a point where new products Fri, 03 Feb 2012 09:16:37 EST http://www.biofuelsjournal.com/articles/Peck_Motorsports_to_Utilize_Biodiesel_in_Hauler_in_Effort_to_Go_Green-119583.html http://www.biofuelsjournal.com/articles/Peck_Motorsports_to_Utilize_Biodiesel_in_Hauler_in_Effort_to_Go_Green-119583.html Glenville, PA—Peck Motorsports is proud to announce they are leading the race to "Go Green" in the NASCAR Campig World Truck Series. Peck Motorsports driver, Todd Peck, will be entering his second season in the series in 2012. Peck, who races the #96 Kids Get Arthritis Too truck believes it is "important to make sure our team does it's part to protect the environment." The Peck Motorsports team, with help from Renewable Engineered Systems and Keystone Biofuels, has begun the transition to a greener team by making changes to the team's hauler by switching to LED lighting and bio-diesel Fri, 03 Feb 2012 08:57:21 EST http://www.biofuelsjournal.com/articles/Joule_Elects_Anatoly_Chubais_to_Board_of_Directors-119578.html http://www.biofuelsjournal.com/articles/Joule_Elects_Anatoly_Chubais_to_Board_of_Directors-119578.html Moscow—Joule announced Feb. 2 the election of Anatoly Chubais to its board of directors, adding the expertise and insight of a prominent figure in international business, economics and government. The news was released in conjunction with Joule's participation at the Russia Forum, an annual meeting of high-profile international economists and business leaders. Mr. Chubais is Chairman and CEO of RUSNANO, a $10 billion Russian Federation-owned fund created to drive commercialization in the areas of nanotech, biotech and renewable energy, among others. Prior to joining RUSNANO, Mr. Chubais held numerous influential roles both in business and government, including Chairman of Unified Energy Fri, 03 Feb 2012 08:54:34 EST http://www.biofuelsjournal.com/articles/OriginOil_and_AquaViridis_Partner_to_Develop_Dry_Land_Algae_Production_-119576.html http://www.biofuelsjournal.com/articles/OriginOil_and_AquaViridis_Partner_to_Develop_Dry_Land_Algae_Production_-119576.html Mexicali Valley, Mexico and Los Angeles, CA—Algae producer Aquaviridis and OriginOil, Inc. (OTC/BB: OOIL), the developer of a breakthrough technology to extract oil from algae and an emerging leader in the global algae oil services industry, announced Feb. 3 that Aquaviridis has signed a commercial agreement with OriginOil to help develop the multi-phase algae production rollout at its Mexicali, Mexico site, a potential model for algae sites throughout the North American Free Trade Agreement (NAFTA) region, with a focus on desert areas of the American Southwest and Mexico. OriginOil will provide its expertise to help develop growth and harvesting solutions and Fri, 03 Feb 2012 08:46:17 EST http://www.biofuelsjournal.com/articles/Algae_Tec_Raises__5_Million_in_Funding_Round-119575.html http://www.biofuelsjournal.com/articles/Algae_Tec_Raises__5_Million_in_Funding_Round-119575.html Perth, Western Australia/Atlanta, Georgia—Algae.Tec Ltd (ASX:AEB, FWB:GZA:GR, ALGXY:US) ('Algae.Tec') is pleased to announce that the AUD$5,000,000 (USD$5,354,086.97) placement through Patersons Securities Limited has been successfully completed. As previously stated, this capital raising will be utilised to fund the fast-tracking of commercial projects recently announced. Algae.Tec Executive Chairman, Roger Stroud, said the Company was extremely pleased with the capital raising. “This again demonstrates that sophisticated investors are aligned with the need for alternative transport fuel technologies such as the Algae.Tec enclosed algae to biofuels solution,” said Stroud. “The market is also responding to the recent milestones and commercial deal announcements the Company has signed with Fri, 03 Feb 2012 08:34:39 EST http://www.biofuelsjournal.com/articles/RFA_Issues_Weekly_and_November_Ethanol_Production_Statistics-119574.html http://www.biofuelsjournal.com/articles/RFA_Issues_Weekly_and_November_Ethanol_Production_Statistics-119574.html According to EIA, ethanol production averaged 939,000 barrels per day (b/d) – or 39.44 million gallons daily. That is up 5,000 b/d from the previous week. The 4-week average for ethanol production stood at 940,000 b/d for an annualized rate of 14.4 billion gallons. Stocks of ethanol stood at a record 20.9 million barrels. Gasoline demand for the week averaged 334.6 million gallons daily - the lowest since September 2001. Expressed as a percentage of daily gasoline demand, daily ethanol production was 11.79%. On the co-products side, ethanol producers were using 14.238 million bushels of corn to produce Fri, 03 Feb 2012 09:05:21 EST http://www.biofuelsjournal.com/articles/Biodiesel_Feedstocks_Continue_to_Diversify_as_EPA_Approves_Camelina-119556.html http://www.biofuelsjournal.com/articles/Biodiesel_Feedstocks_Continue_to_Diversify_as_EPA_Approves_Camelina-119556.html The US EPA recently published a proposed rule approving camelina oil as a feedstock under the Renewable Fuel Standard (RFS2). Under the RFS2 program each feedstock, or raw material, for biodiesel production must go through an approval process to qualify for the program. As it has with other biodiesel feedstocks such as animal fats, recycled cooking oil, soybean oil and canola oil, the EPA's proposal shows that biodiesel produced from camelina oil reduces greenhouse gas emissions by at least 50 percent compared with diesel fuel. This lifecycle reduction in emissions qualifies biodiesel as an “Advanced Biofuel” under the program. "Biodiesel's Thu, 02 Feb 2012 15:37:44 EST http://www.biofuelsjournal.com/articles/PA_State_Fire_Academy_Offers_Ethanol_Response_Course-119568.html http://www.biofuelsjournal.com/articles/PA_State_Fire_Academy_Offers_Ethanol_Response_Course-119568.html Harrisburg, PA—The State Fire Academy is taking its school on the road, beginning with a training course next month on how to respond to ethanol incidents. State Fire Commissioner Ed Mann said the International Association of Fire Chiefs already had a program available and, in cooperation with the Pennsylvania Emergency Management Agency, assisted with the training the instructors, so that the program would be available in March to all 67 counties. "Responding to Ethanol Incidents is an eight-hour course that covers issues including transportation, storage, dispensing and firefighting foam principles for ethanol-blended fuels," said Mann. Instructors, course materials and certificates will be