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Strategic Biomass Solutions e-Newsletter
July 2012
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Director's Cut
This summer has been anything but slow for the staff at Strategic Biomass Solutions. We have two major events coming up in early August and have been busy getting ready for them. The Renewable Energy Venture Development Academy (REVDA) seminar will be held August 7, 2012 and is aimed specifically at entrepreneurs, economic developers, researchers, investors and students who are interested in learning more about the business of renewable energy and what it takes to pull off a successful venture in this sector. We use two models that serve as the basis for this course - the Goldsmith Commercialization Model� that takes an innovation-based business from the idea stage to a mature company and the Butterfly Model� that I developed during my doctoral research, which looks at collaboration between various private sector and public sector entities to get the job done. Our goal for developing the REVDA content has always been to draw from real life examples and experiences of companies and investors we work with on a regular basis and leverage the appropriate public resources. You will hear live from an investor who has done over $10 billion in private equity and debt deals as he shares what his criteria are for investing and selecting biomass projects. Also see the interview in this newsletter with Lois Schonberger, CEO and Founder of Solar Network Solutions, a dynamic company based in San Francisco which helps the solar energy industry collect and organize the massive amounts of data produced by large commercial and utility photovoltaic arrays. Public sector support for many types of energy projects and technologies, whether they are fossil fuel, nuclear or renewable, is an important component for their successful deployment. Recently I met Marie C. Johns,Deputy Administrator of the U.S. Small Business Administration (SBA) at a White House Rural Economic Forum in Oxford, Mississippi and she informed me about a new web portal that puts announcements and resources from various federal agencies under one roof. This course has now been held from coast to coast and holding it in at our office in Ridgeland, Mississippi allows us to offer it for a huge discount since we don't incur the overhead expenses that a conference in California or Florida does. Limited scholarships are also available towards the seminar tuition and Joseph can tell you more about them, but you must hurry as the clock is ticking!
Following the REVDA workshop, August 8 & 9 is the Southeast Biofuels and Renewable Energy Conference in Jackson, Mississippi. While this is the 11th year of holding a renewable energy conference in Mississippi, it is the first year for the Mississippi Biomass and Renewable Energy Council (MBREC) and Mississippi State University to formally partner for organizing this conference. The conference is broken up in clusters of bioenergy, biofuels, bio-products and solar applications and has an excellent line-up of speakers and panelists in each cluster. Topics of discussion include the latest research in the respective fields, policy, financing and commercial deployment of new technologies. MSU's EcoCar team, that has won first place nationally, will be making a special presentation at the beginning of the conference. I hope that you will be able to attend the REVDA workshop as well as the conference and show your support for this emerging sector in the Southeastern United States. As always, please email me or call me direct at 601-960-3659 with your feedback and let us how we can serve you better. Thank you and enjoy the rest of the newsletter. Sumesh Arora, Ph.D. Director, Strategic Biomass Solutions
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USDA, DOE Invest $41 Million in Biofuel, Biomass Projects
The USDA and the U.S. DOE announced they are putting $41 million toward 13 projects focused on developing sustainable biomass feedstock sources and increasing the availability of renewable fuels and biobased products. Click here for more information.
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Catching Up With Lois Schonberger
Strategic Biomass Solutions analysts Joseph Linton and Natalie Boudreaux interviewed Mississippi native Lois Schonberger of Solar Network Solutions for this month's feature. Click here for more information.
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Amyris Enhances Strategic Partnership With Total for Renewable Diesel and Jet Fuel
Amyris, Inc. signed today an amendment to its existing technology collaboration agreement with Total. Under the enhanced collaboration, Total reaffirms its commitment to Amyris's technology and dedicates its $82 million funding budget over the next three years exclusively for the deployment of Biofene, Amyris's renewable farnesene, for production of renewable diesel and jet fuel. Click here for more information.
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KiOR Renewable Gasoline Will Fuel Cars This Year
The U.S. EPA has granted KiOR Inc. the necessary permit to sell renewable cellulosic gasoline in the U.S. According to Fred Cannon, the EPA's acceptance of KiOR's advanced biofuel blendstock "is a landmark" for the company and for the renewables sector. Click here for more information.
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eBay Waves the Green Flag With Huge Fuel Cell Data Center
An addition to eBay's flagship data center in Utah will use fuel cells generating 6 MW of electricity per year. The fuel servers will be installed a few hundred feet from the data center, which will eliminate the power losses experienced when electricity travels across long distances, as it does on the power grid. Click here for more information.
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Renewable Energy Venture Development Academy
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Coskata Shelves Cellulosic Ethanol, IPO Plans
Coskata Inc. is shelving its plans to convert biomass into ethanol and complete an initial public offering (IPO) at this time. Click here for more information.
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Event News
Southeast Biofuels and Renewable Energy Conference
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Thanks for reading our e-newsletter. Please forward this to other interested parties and contact us if you have any questions.
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Strategic Biomass Solutions is dedicated to connecting entrepreneurs, investors and economic developers in order to drive renewable energy technologies to market. SBS is funded in part by the United States Department of Energy.
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