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Mascoma and investor Valero plant to build a $232 million plant to convert wood chips normally used for paper or lumber into ethanol, a step forward for the struggling cellulosic ethanol industry.
Valero Energy plans to share and develop transportation fuel technology with Algenol Biofuels.
Mascoma gets up to $50 million from oil refiner Valero Energy to build and use cellulosic ethanol from biorefinery in Michigan.
Fuel refiner Valero joins Enerkem as a strategic investor with money to finance construction of a garbage-to-ethanol plants.
Three senators reach deal to repeal the $6 billion-per-year ethanol tax credit by the end of July, an agreement that must still be passed by Congress.
Government is supporting the development of new feedstocks for ethanol to ease dependence on corn.
Full-year sales and earnings drop but revenue manages to beat expectations, as higher software sales are forecast for 2010.
Software maker to set up research center in Spain, with the Barcelona Supercomputing Center, to explore "challenges and opportunities coming with multicore processors."
A ballot measure to suspend a California emission-reduction law until unemployment improves is decried by Google, which thinks that could derail clean-tech investment.
Although vote may ultimately be symbolic, move underscores increasingly hostile attitude toward federal ethanol support.