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Solid Energy reports New Zealand biodiesel market is slow, wood pellets booming

In New Zealand, Solid Energy reported that it produced 12,500 tonnes of wood pellets and 193,000 gallons of waste cooking oil biodiesel in the past year, saying that its biodiesel business struggled in the 2008-09 fiscal year due to changes in national mandates, poor yields from rapeseed crops and falling biodiesel rices. However, the company [...]

Ecodiesel makes $3.3 million debt offer to fund expansion of New Zealand tallow biodiesel plant

In New Zealand, NBR is reporting that Ecodiesel is raising $3.3 million to take its tallow biodiesel plant from pilot to commercial scale. The project developers said that they would eventually raise up to $110 million to bring capacity in the Onehunga-based project to 5 Mgy capacity. The company uses animal waste from meat plants. [...]

New Zealand cleantech fund seeks Kiwi investment opportunities in renewables

In New Zealand, the Herald is reporting that the Rutherford Innovation Fund is looking to invest up to $50 million in cleantech companies with New Zealand companies or companies with operations in the country.
The fund, raised by Milestone Capital, has already invested in algae pioneer Aquaflow Bionomic as well as Carbonscape, a carbon capture and [...]

New Zealand scraps fuel economy standard, confirms biodiesel grants through 2012

In New Zealand, the national government has scrapped plans for a national fuel economy standard. It had been rumored that a cap-and-trade system was in the cards, where less fuel efficient vehicles would have been required to pay for credits and highly fuel efficient vehicles would have received them.
Instead, the government confirmed plans to include [...]

50 Hottest Companies in Bioenergy candidate profile: Aquaflow Bionomic

50 Hottest Companies in Bioenergy: Aquaflow Bionomic
Website
Based in: New Zealand
2008-09 ranking: #12
Business: Aquaflow has developed technology to harvest wild algae from municipal sewage ponds, farm outflows or rivers.  Aquaflow’s manufactures 40-feet containers which can be deployed in remote locations, and scaled. The company’s approach avoids upfront capital costs of other algae-based fuel technologies based on [...]

Earthrace skipper blasts NZ gov’t: “a Kiwi beat a world record using a bio-fuelled boat, but we can’t get biofuels in our own country.”

In New Zealand, Pete Bethune, skipper of the round-the-world speedboat Earthrace, said that “It is ironic that a Kiwi beat a world record using a bio-fuelled boat, but we can’t get biofuels in our own country. I am embarrassed that the world thinks of New Zealand as a leader in biofuels because of the success [...]