Comments on: Propel & Solazyme Deliver Algae-Based Fuel

By: Propel Fuels adding hundreds of biofuel stations soon - Performance Cars - News, Reviews and Developments | Performance Cars - News, Reviews and Developments

Tue, 18 Dec 2012 22:20:08 +0000

[...] debate and diminishing support from politicians. Propel Fuels is supporting advanced biofuels like algae-based diesel, but for now, corn ethanol makes up most of the biofuel used in E85 and E10 (and, slowly, in E15) [...]

By: Solazyme Project in Iowa Achieves Milestone - Domestic Fuel

Solazyme Project in Iowa Achieves Milestone - Domestic Fuel — Mon, 17 Dec 2012 12:15:56 +0000

[...] Solazyme has confirmed they have completed several initial fermentation runs at ADM’s facility in Clinton, Iowa. According to the company, the runs achieved commercial scale production metrics, exhibited linear scalability of its process from laboratory scale, and demonstrated the ability to run at this scale without contamination. The fermentation process is one of the critical steps needed to convert feedstock to biofuels, biochemicals or biomaterials. [...]

By: Propel Receives $21M in Investments - Domestic Fuel

Propel Receives $21M in Investments - Domestic Fuel — Tue, 11 Dec 2012 17:47:29 +0000

[...] Propel Fuels has closed on the initial phase of its Series D round of funding with $11 million in equity capital from existing investors Nth Power, Craton Equity Partners, and @Ventures as well as a new investor, Gentry Venture Partners. In addition, the company has secured $10 million in debt financing from CapX Partners. With the additional funds, Propels plans to accelerate its build out of its network of alternative energy stations. [...]