COLUMBUS — KiOR Inc., a renewable fuels company, and Catchlight Energy, LLC, a 50-50 joint venture between subsidiaries of Chevron Corporation and Weyerhaeuser Company focused on providing liquid transportation fuels from sustainable forest-based resources, have signed a feedstock supply agreement. Terms were not disclosed. Under the agreement, Catchlight Energy will supply forestry-based feedstocks required by [...] [...]
COLUMBUS — Gov. Haley Barbour joined executives from KiOR and state and local officials today for a groundbreaking ceremony at the site of KiOR’s first commercial biofuel production facility in Columbus. The company announced in August 2010 it would locate five biofuel production facilities throughout Mississippi, a company investment of $500 million that will create [...] [...]
COLUMBUS — KiOR Inc. has signed an offtake agreement with Hunt Refining Company, who has agreed to purchase renewable gasoline and diesel blendstocks and fuel oil produced at KiOR’s first commercial facility to be located in Columbus. Terms were not disclosed. In addition to the offtake of renewable fuel blendstocks, the two companies have agreed [...] [...]
STARKVILLE — Five new facilities that can transform wood into fuel will soon be built in Mississippi. The facilities will further increase timber’s already-important role in the state’s economy. Mississippi’s forests cover nearly 20 million acres and generate more than $1 billion worth of timber each year. The forestry and forest products sectors, which include [...] [...]
KiOR Inc. has received a term sheet for a loan guarantee supporting an over $1-billion biofuels project from the U.S. Department of Energy’s Loan Guarantee Program. The project would convert wood biomass into drop in biofuels such as gasoline and diesel fuel. KiOR’s project under the DOE loan guarantee program will consist of four biorefineries [...] [...]
PORT GIBSON — National Clean Fuels president and chairman Maurice Stone reports that the company’s Mississippi biomass project is progressing as expected after meeting with representatives of the Center for Environment, Commerce & Energy. Stone met with Center president Norris McDonald, vice president Derry Bigby and consultant John McCormick in Alexandria, Va., Jan. 3. NACF and [...] [...]
CHOCTAW COUNTY — The Choctaw County Economic Development District announced an option agreement has been formalized with an unspecified renewable power developer for the purposes of conducting due diligence on the Red Hills EcoPlex site. Terms were not disclosed. The development under consideration is for a renewable power plant facility that would utilize biomass (specifically [...] [...]
NORTH MISSISSIPPI — The Tennessee Valley Authority has added to its renewable power portfolio with the announcement of a new TVA initiative for mid-size renewable generators. The TVA Renewable Standard Offer will encourage more renewable development within the region by allowing developers to enter into long-term price contracts with TVA. These new renewable projects may [...] [...]
PORT GIBSON — National Clean Fuels chairman and president Maurice Stone announced that the company signed an option agreement with the Center for Environment, Commerce & Energy (The Center). The Center has the expertise to assist NACF with the development and implementation of clean and alternative energy services and systems in the City of Port [...] [...]
ASHEVILLE, N.C. – In what is slated to be the nation’s largest single-state propane AutoGas fueling network, Indiana’s Department of Transportation has awarded Alliance AutoGas a $3.2-million contract for the implementation of 115 clean AutoGas fueling stations. This network is the first of its kind, according to the company, providing Indiana’s public and private fleet [...] [...]
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