Tag: California

Sugar Valley Energy secures TerraNova Capital Equities to raise funds for $1B project

Sugar Valley Energy secures TerraNova Capital Equities to raise funds for $1B project

February 28, 2024 |

In California, Sugar Valley Energy, a new 160-acre bioenergy campus planned in California’s Imperial Valley has added New York-based TerraNova Capital Equities, Inc. to its finance team to lead marketing and placement of equity capital for the $1 billion project. The 25-year-old investment bank focuses on the small-to-middle market and provides equity and debt solutions […]

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Cyclum Truck Stops to open first renewable fuels facility in California

Cyclum Truck Stops to open first renewable fuels facility in California

February 21, 2024 |

In California, dispensing Transitional and all Renewable Fuels, Cyclum proudly announces its first implementation of its Cyclum Truck Stops coming to the City of Tulare, California in 2024 as the development and permitting process has been on-going for the last year. This site is the first of six in Central California over the next 2 […]

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TurtleTree lactoferrin receives Vegan Action certification

TurtleTree lactoferrin receives Vegan Action certification

February 19, 2024 |

In California, lactoferrin produced by cell-based dairy company TurtleTree has received vegan certification from Vegan Action.  TurtleTree is the first precision fermentation dairy company globally to obtain such a designation. “While most precision fermentation products don’t involve animal products or byproducts, their bioidentical nature and the origins of the genetic codes required in production can […]

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Sway unveils seaweed plastic breakthrough, raises $5 million

Sway unveils seaweed plastic breakthrough, raises $5 million

February 19, 2024 |

In California, seaweed-based bioplastic startup Sway has revealed a “breakthrough technology” that will enable seaweed to replace flexible plastics at scale. The new, patent-pending thermoplastic seaweed resin, dubbed TPSea™, is 100% biobased, home-compostable, and microplastic-free. It can also “mesh seamlessly” with the most scaled plastic manufacturing systems available, enabling “growth and massive impact.” TPSea is […]

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City of Long Beach negotiating with Bioenergy Devco for biogas facility

City of Long Beach negotiating with Bioenergy Devco for biogas facility

February 12, 2024 |

In California, the City of Long Beach has entered into exclusive negotiations with Bioenergy Devco, the North American division of BTS Bioenergy, to construct an organics recycling facility that will recycle food waste, converting it to an organic soil amendment and renewable natural gas. This facility will help Long Beach advance its sustainability goals and […]

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UC Riverside researchers lead invention of co-solvent enhanced lignocellulosic fractionation

UC Riverside researchers lead invention of co-solvent enhanced lignocellulosic fractionation

February 7, 2024 |

In California, a new study finds that introducing a simple, renewable chemical to the pretreatment step can finally make next-generation biofuel production both cost-effective and carbon neutral.  To overcome the lignin hurdle, researchers led by the UC Riverside invented CELF, which stands for co-solvent enhanced lignocellulosic fractionation. It is an innovative biomass pretreatment technology.  A […]

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Aemetis Biogas deploys its $25M USDA-guaranteed loan

Aemetis Biogas deploys its $25M USDA-guaranteed loan

February 1, 2024 |

In California, Aemetis, Inc. announced the deployment of the entire $25 million of funding provided under the previously announced USDA-guaranteed loan for its Aemetis Biogas 1 LLC (AB1) project company. Aemetis Biogas produces renewable natural gas (RNG) from dairy biomethane digesters located in California’s Central Valley. Aemetis Biogas operates digesters supplied by eight dairies and […]

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Construction continues at Phillips 66’s Rodeo refinery conversion

Construction continues at Phillips 66’s Rodeo refinery conversion

February 1, 2024 |

In California, Phillips 66 is converting its San Francisco Refinery in Rodeo, California, into one of the world’s largest renewable fuels facilities. Construction continues on the Rodeo Renewed refinery conversion project that is expected to begin operations in the first quarter of 2024. The conversion will reduce emissions from the facility and produce lower carbon […]

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ZymoChem closes $21M Series A round

ZymoChem closes $21M Series A round

January 30, 2024 |

In California, ZymoChem closed a $21 million Series A round. The investment is led by Breakout Ventures with participation from new investors including lululemon athletica, inc. and Toyota Ventures, and existing investors including GS Futures, KdT Ventures, and Cavallo Ventures. By pairing this financing with existing revenues from commercial partnerships and funding from the U.S. Department […]

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Sensegen and Takasago partner on biotech-based fragrance

Sensegen and Takasago partner on biotech-based fragrance

January 29, 2024 |

In California, biotech-enabled fragrance startup Sensegen has announced a strategic collaboration with flavor and fragrance giant Takasago. The pact will leverage Sensegen’s recent advances in developing natural musk raw materials. The two companies hope to move the perfume industry beyond synthetic petroleum-based fragrances and traditional extracts. “Takasago’s rich fragrance expertise, combined with Sensegen’s innovative biotech […]

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