KiOR is a mess and provides yet another cautionary tale to energy entrepreneurs and investors.
Next-gen biofuel company KiOR misses its production targets from its new biocrude making plant by 75 percent. It’s still slow going for these companies trying to scale up and compete with oil.
The leader of the 210-year-old science giant DuPont, Ellen Kullman, sits down with GigaOM to give us her take on the future of energy for a world population that will boom to 9 billion in 2050.
Oil giant BP has invested in biofuel startup CoolPlanet BioFuels, according to an announcement on Thursday. CoolPlanet BioFuels is the biofuel startup you have never heard of but that has unusually famous investors like GE, Google, NRG Energy and ConocoPhillips.
Poet’s so-called “Project Liberty” biofuel plant, which will use corn waste instead of edible corn, is getting some support from the U.S. government. On Thursday, the Department of Energy announced it will offer Poet a $105 million loan guarantee to build out Project Liberty in Iowa.
Despite a series of successful biofuel IPOs recently, and a number of biofuel IPOs in the pipeline, the production of next-gen biofuels, in any kind of volumes that would make a dent in the transportation sector, seems to be creeping, very slowly forward.
More bad news about cellulosic biofuel maker Range Fuels. The financially-strapped company reportedly plans to shut down its plant in Georgia after making just one batch of ethanol. It needs to more raise more money and tackle technical problems at its first commercial plant.
Cello Energy, the beleaguered infamous biofuel company that’s been hit with fraud allegations, has finally dropped off of the Environmental Protection Agency’s (EPA) list of potential cellulosic ethanol suppliers for 2011. I seriously can’t believe the company was on the list for so long.
The well-funded Range Fuels said it has begun producing cellulosic methanol from its first commercial factory and plans to begin making cellulosic ethanol sometime this quarter.