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U.N. chief welcomes announcements made in Climate Summit

U.N. chief welcomes announcements made in Climate Summit

United Nations Secretary-General Ban Ki-moon welcomed bold new actions to addres...

Climate Summit sees intiatives and commitments

Climate Summit sees intiatives and commitments

Various bodies and entities on the Climate Summit in New York have announced the...

Climate Rally reaches 310,000 participants

Climate Rally reaches 310,000 participants

The number of people who joined the People’s Climate March this September 21 rea...

China takes big step in reducing ozone depleting gases

China takes big step in reducing ozone depleting gases

China has taken a big step towards reducing its hydrochlorfluorocarbons by closi...

Ozone layer on road to recovery – U.N.E.P., W.M.O.

Ozone layer on road to recovery – U.N.E.P., W.M.O.

The ozone layer is on the road to recovery, but unified action is still needed t...

Green vacation: Go on an eco-friendly safari

Green vacation: Go on an eco-friendly safari

The primary goal of modern-day eco-friendly African safaris is to lessen the ove...

Nepal, the Maldives, and Bhutan could lose around 2 percent G.D.P. due to climate change – A.D.B. report

Nepal, the Maldives, and Bhutan could lose around 2 percent G.D.P. due to climate change – A.D.B. report

Nepal, the Maldives, and Bhutan could be looking at economic losses of around 2 ...

Business

Technology

New oxygen-removing catalyst developed for better biofuel production

New oxygen-removing catalyst developed for better biofuel production

Thursday, 23 October 2014

Researchers from Washington State University have developed a new catalyst that can remove oxygen from plant-based materials for a more efficient biof...

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Politics

New Yorkers support renewables, opposes fracking – N.R.D.C. poll

New Yorkers support renewables, opposes fracking – N.R.D.C. poll

Sunday, 12 October 2014

A state-wide poll commissioned for the Natural Resources Defense Council reveals that New Yorkers oppose fracking and support clean, renewable energy....

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Living Green

Why saving chinchillas is important for saving the earth

Why saving chinchillas is important for saving the earth

Friday, 24 October 2014

Chinchillas make expensive pets and they are a long time commitment as well. They have a life span of around 15 to 20 years. Hence, people who adopt t...

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Renewables

World’s largest convention center solar array completed in Las Vegas

World’s largest convention center solar array completed in Las Vegas

Tuesday, 28 October 2014

The world’s largest rooftop solar array on a convention center has been completed at the Mandalay Bay Resort and Casino in Las Vegas. NRG Energy, Inc....

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Low-Carbon

What needs to be injected In the core DNA of urbanity

What needs to be injected In the core DNA of urbanity

Thursday, 23 October 2014

Urbanization has taken an unprecedented upward turn in recent years. In 2007, half of the world’s population – around 3.6 billion people – lived in ur...

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Opinion

Unsustainable urban life: What's next?

Unsustainable urban life: What's next?

Wednesday, 11 June 2014

Nutrition plays a critical role in everyone’s chance at a better future. Hunger, said Benjamin Franklin once, is the best pickle. Some say “pickle”...

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Primus Green Energy gets new funding; eyes I.P.O. in 2013

New Jersey-based Primus Green Energy Inc., a developer of renewable drop-in fuels from biomass, completed its third round of funding with $12 million in investments from long-term backer IC Green Energy Ltd., the renewable energy arm of Israel Corp. Ltd.

The amount completes the company's financing for their integrated single-loop demonstration plant currently under construction at Primus Green Energy's Hillsborough, New Jersey site, where they already have a pilot test plant.

The company is looking to have its first commercial plant by 2013.

According to company chairman Dr. Yom-Tov Samia, while the company has no plans for an I.P.O., they will be monitoring the market and could consider it by late 2013 or early 2014.

"While we are currently focused on bringing our technology to market and on expanding our network of strategic partners, we are always keeping an eye on the marketplace," he said.

This latest investment brings the total funds raised by the company to $40 million since 2007.

Primus Green Energy said it has developed a patented process that uses a combination of commercial technologies to convert biomass and natural gas into liquid transportation fuels such as gasoline, diesel and jet fuel, and specialty chemicals such as xylene and toluene.

The fuel created by Primus Green Energy has reportedly been independently validated to be 93-octane with physical and chemical properties adhering to the specifications of gasoline. Because of this, it can be immediately distributed, sold and consumed without any modification to existing vehicles or to the fuel distribution infrastructure. – EcoSeed Staff



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