Google has long had an interest in renewable energy and has now invested more than $1 billion of its own money in alternative energy projects. However, as the company notes in a blog post and white paper today, it’s not always easy for companies that want to buy renewable energy to do so, given that most utilities don’t yet offer a renewable power option yet. In its white paper, Google… → Read More
Shares in Solazyme, the makers of algae biofuels and algae-based oils and chemicals used in health and beauty products, began trading on Nasdaq under the symbol SZYM.O on Friday. The business set an initial public offering price at $18, but its stock opened at $20 and traded between $19.60 and $22.00 throughout the day, with 10.98 million shares sold, raising about $197.6 million for the… → Read More
Elevance Renewable Sciences— a Chicago area company that uses soybean-, corn- and sunflower oils, poultry fat and other feedstock from renewables to make jet fuel, diesel and specialty chemicals— has raised $100 million series C investment.
Luxembourg-based Naxos Capital Partners led the $100 million investment, joined by Total Energy Ventures (an investment arm of the French oil and gas… → Read More
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