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The race is on for cost-effective biofuels. Start-up Coskata signs on ethanol plant designer.
Here is Coskata's business plan in a nutshell: take garbage, make gas out of it, and feed it to microbes. Then a big company pays you to teach them how to do it.
Automotive News reports on the state of the biofuel industry.
Coskata says its hybrid ethanol technology, using thermochemical and biological processes, can produce environmentally friendly ethanol cheaper than gasoline.
Pennsylvania lures cellulosic-ethanol maker Coskata to build a $25 million commercial demonstration plant that would make 40,000 gallons per year at $1 a gallon.
Coskata gets nearly $20 million as the debate over who has the best ethanol continues.
Looking to prime the pumps for its FlexFuel cars, the Detroit-based automaker forms a partnership with Cambridge, Mass.-based cellulosic-ethanol specialist Mascoma.
Photos: Coskata's cellulosic ethanol production
Company lands $166 million, more than anticipated, to help complete a 20 million gallon-per-year plant next year that uses a gasification process.
Roundup: a mixed record on renewable-energy mandates, the denouement of the Tesla-Fisker legal tussle, and a collection of clean-tech sector predictions.