06 Dec '11, 6pm

Range Fuels Officially Dead: Another DOE Loan Bites Dust: Range Fuels is officially done, dead, finito. Afte...

Range Fuels Officially Dead: Another DOE Loan Bites Dust: Range Fuels is officially done, dead, finito. Afte...

Range Fuels is officially done, dead, finito . After the firm failed to perform, the government pulled the plug, forcing the biofuel company to liquidate its lone factory in order to try to recoup a part of the up to $156 million in U.S. loans and grants the company received. The how and why of Range's failure has been discussed at length, but there's a question more pressing to the industry than the collapse of a single enterprise. If Range Fuels gets billed as another Solyndra , what will the blowback be? Does this spell doom for the Energy Department and USDA's green tech loan programs? At the heart of it, it looks like Range Fuels vastly overpromised during its initial bid for government funding and never came close to its projected level of cellulosic ethanol production. Robert Rapier, in a prescient column published by Forbes , was already eviscerating Range Fuels fo...

Full article: http://www.greentechmedia.com/articles/read/Range-Fuels-O...

Tweets

SolarCity Shows Private Sector Can Respond To F...

altenergystocks.com 06 Dec '11, 5pm

Solar City has today announced that it has obtained private sector financing for its SolarStrong Project to put solar on t...

U.S. Navy Fuels "Green Strike Force" with $12 M...

renewableenergyworld.com 08 Dec '11, 10pm

"This purchase [is] an important vote of confidence for an industry that is developing drop-in biofuels at a national scal...

U.S. Navy Fuels "Green Strike Force" with $12 M...

renewableenergyworld.com 08 Dec '11, 10pm

"This purchase [is] an important vote of confidence for an industry that is developing drop-in biofuels at a national scal...

Gasoline Fuel Cell Would Boost Electric Car Range

Gasoline Fuel Cell Would Boost Electric Car Range

cleantechnica.com 05 Dec '11, 8pm

The generator uses solid-oxide fuel cells, which can be powered by some readily available fossil fuels, such as natural ga...