Tag: Florida

MagneGas Corporation sings LOI to direct purchase of Infinite Fuels

MagneGas Corporation sings LOI to direct purchase of Infinite Fuels

February 6, 2018 |

In Florida, MagneGas Corporation announced the execution of a Letter of Intent to form an Ireland-based holding company for the express purpose of acquiring 100% of Infinite Fuels, GmbH, an emerging biofuels company based in northern Germany. MagneGas will initially own a 40% stake in the joint venture, with the possibility of increasing the Company’s […]

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Half dozen investors join together to buy former INEOS Bio plant

Half dozen investors join together to buy former INEOS Bio plant

January 25, 2018 |

In Florida, the TCPalm newspaper reports that after Alliance Bioenergy’s plans to buy the former INEOS Bio plant in Indian River fell through despite an $8 million financing offer from the USDA, a consortium of investors from half a dozen states came together under the leadership of David Frankens with the newly incorporated Frankens Energy […]

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Alliance BioEnergy pays off short-term debt to avoid selling stock

Alliance BioEnergy pays off short-term debt to avoid selling stock

January 17, 2018 |

In Florida, Alliance BioEnergy Plus, Inc. announced it has completed the payoff of the final two short term notes, held by Power Up Lending Group, Ltd. in full, in the amount of $206,267.47 and Crown Bridge Partners, LLC, in the full amount of $80,890.16, that were due in January 2018, ahead of both notes’ maturity […]

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University of Florida researchers find sorghum varieties that could produce 1,000 gallons per acre

University of Florida researchers find sorghum varieties that could produce 1,000 gallons per acre

December 14, 2017 |

In Florida, the potential for sorghum as a biofuel feedstock just grew as University of Florida researchers found three UF/IFAS-developed sorghum varieties could produce up to 1,000 gallons of ethanol per acre. UF/IFAS scientists like sorghum because it can be cultivated twice a year in Florida, requires little fertilizer, uses water efficiently and can be […]

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Gainesville Regional Utilities buys 102.5MW biomass power plant for $750 million

Gainesville Regional Utilities buys 102.5MW biomass power plant for $750 million

November 14, 2017 |

In Florida, Gainesville Renewable Energy Center (GREC), a partnership of Energy Management, Inc., BayCorp Holdings, Starwood Energy and Fagen Power, LLC, has sold its 102.5-megawatt biomass facility to Gainesville Regional Utilities (GRU) for $750 million dollars. The GREC facility reached commercial operation in 2013 and sold all of its energy, capacity, and environmental attributes to […]

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Green Plains’ CEO sees global ethanol demand growth at up to 3%

Green Plains’ CEO sees global ethanol demand growth at up to 3%

October 25, 2017 |

In Florida, Green Plains’ CEO told a conference that the domestic ethanol industry provides demand for growing corn production, acting as a sort of modern day farm policy supporting farmers, but it does it in a way that’s profitable rather than a burden on government coffers. Globally he sees demand for cheap, clean octane increasing […]

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SPARC in the Engine: Florida aims to be an alternative jet fuels hub as new public/private project debuts

SPARC in the Engine: Florida aims to be an alternative jet fuels hub as new public/private project debuts

October 12, 2017 |

Sometimes, what an engine needs to roar to life is a spark. Or a SPARC, as in this case. As in the Southeastern Partnership for Advanced Renewables from Carinata (SPARC), a consortium consisting of the University of Florida (lead), the University of South Florida, the University of Georgia, Auburn University, and other institutions, government agencies, […]

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Hot Spots: Top 5 Places to Watch in Florida

September 9, 2017 |

  With Hurricane Irma viciously plowing through Florida, the Digest takes a look at advanced bioeconomy innovators and companies in the Sunshine State that isn’t getting much sunshine right now. Florida is a hot state, in more ways than one, and we cover the Top 5 hottest Florida spots that hopefully remain intact or recover […]

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Florida project investigating viability of sugarbeet-to-jet fuel shows promise

Florida project investigating viability of sugarbeet-to-jet fuel shows promise

August 3, 2017 |

In Florida, Tropicana and local partners are finishing up an 18-month R&D project funded by an USDA Rural Development grant that is determining the viability of growing sugarbeet in St. Lucie county for aviation biofuel production. The crop’s cycle fits in well with citrus and could be an opportunity for local farmers to diversify and […]

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Alliance Bio-Products gets green light from USDA to buy the former IneosBIO facility

Alliance Bio-Products gets green light from USDA to buy the former IneosBIO facility

July 11, 2017 |

In Florida, Alliance Bio-Products, Inc., a subsidiary of Alliance BioEnergy Plus, Inc. announced it has received approval from the United States Department of Agriculture (USDA) Office of Rural Development for the collateral purchase of the closed ethanol facility in Indian River County, Florida. The approved purchase includes the fully functional plant, 143+ acres that the […]

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