Better Biodiesel, a Utah-based producer of biodiesel fuel, said Friday that it plans to buy GeoAlgae Technologies for an undisclosed sum. GeoAlgae Technology, or GAT, makes inexpensive feedstock for the production of biodiesel, the companies said.
The buyout is
Biodiesel manufacturer Imperium Renewables has withdrawn its plans to go public, citing "unfavorable market conditions."
The Seattle-based company filed the paperwork with the Securities and Exchange Commission on Thursday. It had filed to go public in May, and had plans to raise $345 million.
The news comes a few weeks after the company replaced its then-CEO, Martin Tobias, naming President John Plaza as interim CEO and investor Nancy Floyd as chairman.
Imperium Renewables said that
The BigBelly solar-powered trash can has gotten a makeover.
The latest version of the garbage compactor will fit in better on city streets, all while flaunting its green credentials. Future versions will even have the ability to phone home.
The BigBelly uses a 30-watt solar panel on its top to charge a battery that powers a motor to crush garbage.
By compacting trash, city workers need to make fewer trips to empty bins, which reduces congestion and diesel exhaust, according to the company.
The company claims that compacting can eliminate four out of five trips. The savings from less frequent more
A Dutch civil engineering company has designed a heat-absorbing road that bridges winter and summer.
The Road Energy System, from , is essentially an asphalt road with tubes placed underneath. Water circulates to siphon off the heat from the road and it is stored underground for several months.
The heated road, sort of like radiant floor heating in a home, was originally conceived as a way to melt ice from roads without heavy salting.
Now, with growing interest in renewable forms of energy, the system can also be used to heat and cool homes while reducing greenhouse gas emissions by 50 more
Fashion faddies may take note of Pantone's color of the year, Blue Iris (No. 18-3943). I'll be using it in my new logo not because it's hip, but because I admire its qualities. Pantone's Leatrice Eiseman , "Blue Iris brings together the dependable aspects of blue, underscored by a strong, soul-searching purple cast. Emotionally, it is anchoring and meditative with a touch of magic." Blue Iris is "supposed to answer several needs, hopes, desires, that kind of thing."
Tongue out of cheek, I had a hope and desire that "green" would meet the needs of American consumerism more
A newly created company called SolarReserve intends to commercialize a solar power plant capable of generating electricity and storing it in molten salt.
The venture was created by investment firm US Renewables Group, which has licensed technology from Hamilton Sundstrand, a subsidiary of United Technologies. A plant will be capable of generating 500 megawatts of peak power, the size of a typical power plant.Solar thermal technology, which uses heat intensified by lenses and mirrors to create electricity, is being pursued by utilities because it is relatively cost-effective. It is also called concentrated solar power (CSP).
But because the sun'more
IdaTech, a fuel-cell manufacturer in Oregon, announced a smallish new fuel-cell power supply today, the The iGen's 250-watt output rating doesn't sound like a lot, but it's over half an average person's home electricity consumption. A continuous supply of 250 watts adds up to about 180 kilowatt-hours (kWh) over the course of a month. According to IdaTech makes other fuel-cell power supplies that can power your whole house, but most of us have access to reasonably reliable power from the local electric utility. So the iGen's more relevant applications are for standby power, field and more
In order to get its electric sports car to owners sooner, Tesla Motors plans to deliver cars with a temporary transmission that falls short of its originally promised performance.
The news was distributed to the wide world on Thursday in
The post is a reprint of a letter that was sent to Tesla purchasers on December 21, as a follow-up to a town hall meeting for Tesla owners that took place on December 12. About 100 people, including those who called in, participated in the meeting, according to Drori.
The main goal is "to put the Tesla Roadster on the
moreAnother day, another CEO ouster at a green tech start-up.
Martin Tobias is out as chairman and CEO of Imperium Renewables, the company has announced. John Plaza, who founded the company with Tobias, is interim CEO while Nancy Floyd has taken over as chairman.
Tobias has been the spokesman and public figure for Imperium since its founding. The company has raised more than $200 million dollars and earlier this year christened a 100-million gallon refinery in Washington state. It has plans to build similar sized facilities in Hawaii, Argentina and elsewhere.
The ouster of Tobias is something of a surprise. more
The superheroes of venture capital haven't exactly had a completely smooth year in green tech.
Kleiner Perkins Caufield & Byers wasn't the first VC firm to get into green tech. Nth Power, NGEN Partners, Draper Fisher Jurvetson and Mohr Davidow Ventures got there first, but
The firm also began to put money into a lot of companies with a pretty good amount of fanfare.
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Innovation in energy and environmental technologies is long overdue, in business and at home. Green-tech reporter Martin LaMonica and other CNET writers serve up fresh clean-tech news and commentary.
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