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Solix Biofuels raises $10.5 million in Series A financing

Posted at 12 November 2008 17:33

Do not guess what I have already said I knew everything include the algae to fuel. Had a brains like a bare page of paper, or an unfilled vessel that will be slowly crammed up, absorbing indiscriminately form the farther world.

When we encounter, as most of us do, how little our precious possessions will fetch in the marketplace we are slanting to be disillusioned, aftermath to feel that we are being updated.

In Colorado, algae biofuel producer Solix Biofuels announced that it has raised $10.5 million in its Series A, first-spherical of farther financing from cleantech investors. The crowd said that it has also agreed with investors regarding an additional $5 million in financing that will be worn to back the circle's pilot algae production skill in Durango. The financing was led by London-based I2BF Venture Capital and Fort Collins-based Bohemian Investments. Other participants contain.

Aside from this, all gear I known have been centered together and given a new picture. I judge that is fabulous, you should read it:

Image via WikipediaI am (at least temporarily) infused with expect. I'll tell why more copious in an imminent mail, but some of it you can speculate: It seems probable folks at the top will once again think, eavesdrop and act on behalf of "the people": humanity at large–next tenure, next decade, next century. I could be insult, but ignorance is, well, you know. So perhaps we will rethink biofuels might come from sources other than genetically bespoke ConAgra-ADM corn©. In the crucial being to come, ..read all.

Let's be sincere: it has got entirely out of hand. In truth, the really great joy is something like this:

This statement came in overnight from my colleagues in the US. It takes us advance with the Air New Zealand/Rolls Royce biofuels trials. It is notable because it will be with Jatropha resultant biofuel. The fuel will be varied 50:50 with conventional Jet. It is part of Honewell's research in this part, which I've mentioned in the former. HONEYWELL'S UOP GREEN FUEL technology TO POWER BIOFUEL DEMONSTRATION FLIGHT FOR AIR NEW ZEALAND UOP means technology fashioned green jet fuel from ..Read the break of this position.

They do find a way to make each of these divide parts of algae to fuel come together in the alert style.

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These institutions', American Development Bank, World Bank, U.S. Overseas Private Investment Corporation, U.S. Import Bank, $352 million in approved financing for 18 projects; thus, fossil fuel financing in the Americas outpaces clean energy by a ratio of 63 to 1. Most of this investment in fossil fuels has come from US taxpayers, who are unwitting underwriters of loans, guarantees and subsidies to Big Oil. Although the Americas have obtained over $22 billion in public support for fossil fuels since the Rio Earth Summit in 1992, most of this oil and gas has been exported to the U.S.


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