On August 19, 2014, the U.S. Department of Agriculture (USDA) announced that the Agency is investing $25 million to support 247 businesses throughout the country under the Value-Added Producer Grant program (the program). The program was reauthorized under the 2014 Farm Bill. It is designed to "[help] agricultural producers grow their businesses by turning raw commodities into value-added products, expanding marketing opportunities and developing new uses for existing products."...
Archives
August 22, 2014
DOE Announces Intent To Issue Funding Opportunity For Algae Biofuels And Bioproducts
On August 20, 2014, the U.S. Department of Energy (DOE) announced that it intends to issue a Funding Opportunity Announcement (FOA) sometime in September to help reduce the cost of algae biofuels and bioproducts. DOE explains in the announcement that the Agency's Bioenergy Technologies Office's (BETO) "2019 projected state of technology for the cost of algal biofuels is modeled at about $7 per gallon gasoline gallon equivalent, without valuable co-products such as animal feed or...
On July 30, 2014, the U.S. Department of Energy (DOE) announced that it will provide a total of $11.3 million in funding to support DOE's Clean Energy Manufacturing Initiative. The money will go to two projects designed to help facilitate and promote the production of "cost-competitive, high-performance carbon fiber material from renewable, non-food-based feedstocks, such as agricultural residues and woody biomass." Under the projects, the Southern Research Institute of Birmingham,...
July 18, 2014
Biobased Companies Among Recipients Of EPA Funding
On July 14, 2014, EPA announced recipients of funding to develop and commercialize innovative, sustainable technologies to address current environmental issues. Among the recipients were the following companies pursuing biobased products: * Sustainable Bioproducts, LLC, Bozeman, Montana, for Direct Conversion of Municipal and Agricultural Wastes to Biodiesel and Ethanol Utilizing a Unique Extremophilic Fungus. * Environmental Fuel Research, LLC, Philadelphia, Pennsylvania, for Biofuel Production...
July 11, 2014
Department Of Energy Makes Available $4 Billion In Loan Guarantees For Renewable Energy
On July 3, 2014, the U.S. Department of Energy (DOE) announced that it is making an additional $4 billion available in loan guarantees for innovative renewable energy and energy efficiency projects located in the U.S. that avoid, reduce, or sequester greenhouse gases. Part one of the solicitation is due October 1, 2014. Copies of the solicitation and fact sheet about the solicitation are available online. According to DOE's press release on the announcement, "the Department...
May 23, 2014
House Agriculture Appropriations Bill Would Make Significant Cuts To Mandatory Funding For Farm Bill
On May 20, 2014, the House Committee on Appropriations' Subcommittee on Agriculture, Rural Development, Food and Drug Administration, and Related Agencies (House Agriculture Appropriations Subcommittee) and the Senate Committee on Appropriations' Subcommittee on Agriculture, Rural Development, Food and Drug Administration, and Related Agencies (Senate Agriculture Appropriations Subcommittee) marked up and passed their separate versions of a Fiscal Year (FY) 2015 spending bill for USDA. A...
On April 15, 2014, the U.S. Department of Energy (DOE) announced that it would provide up to $10 million to promote the production of "advanced biofuels, substitutes for petroleum-based feedstocks, and bioproducts made from renewable, non-food-based biomass, such as agricultural residues and woody biomass." For more information, and to apply for this opportunity, please visit DOE's Funding Opportunity Exchange website. A copy of the press release is available online....
On March 17, 2014, the Minnesota House of Representatives adopted the report of the Committee on Agriculture Policy as amended on H.F. No. 2456. The report has been re-referred to the Minnesota House of Representatives Committee on Environment, Natural Resources and Agriculture Finance. H.F. 2456 would create renewable chemical and advanced biofuel capital equipment loans for qualifying Minnesota renewable chemical and advanced biofuels producers. A copy of the report as amended is available...
January 10, 2014
Cellulosic Biofuels Project Loses DOE Funding
On December 23, 2013, the U.S. Department of Energy (DOE) announced that it was ending its funding of BlueFire Renewable's cellulosic production facility project in Fulton, Mississippi. DOE took this action because the company reportedly failed to meet deadlines related to financing the project. This news comes as the cellulosic industry continues to be under attack for failing to live up to expectations under the federal RFS....
January 10, 2014
Institutional Investor Launches Green Initiative
On December 31, 2013, Ironridge Global Partners, LLC, an institutional investor based in Los Angeles, California, announced that it has launched a green initiative designed to fund sustainable businesses, including emerging growth companies focused on environmental sustainability and environmentally-friendly products and services. As part of the initiative, Ironridge has provided over $6 million to Cereplast, Inc., a leading manufacturer of proprietary biobased, compostable and sustainable...