Alternative fuels

Local engineering firm backing effort to turn garbage into ethanolRestricted Content

May 26, 2008
Chris O'Malley
Indianapolis-based engineering and consulting giant RW Armstrong has become lead investor in an upstart ethanol firm that would apply novel technology to make the automotive fuel without using corn as the key ingredient. It would be the first big commercial plant in Indiana to make the alcohol fuel with so-called cellulosic material--the holy grail, of sorts, in the ethanol industry.
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Clean Wave hopes to invest $100M in alternative energy, sustainable technologiesRestricted Content

May 12, 2008
Chris O'Malley
A former Silicon Valley sales executive and a Cincinnati investment manager have formed a venture fund here that's trying to raise $100 million to invest in the new darlings of the investment world: clean technology firms. Clean Wave Ventures founders Scott Prince and Rick Kieser are banking on soaring energy costs attracting investors to the risky but potentially lucrative realm of alternative energy and transportation and related fields.
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Road getting bumpy for ethanol plantsRestricted Content

December 10, 2007
Chris O'Malley
The list of potential Hoosier ethanol plants is nothing short of astounding for a state that had just one ethanol-fuel distillery as recently as 2005. Beyond the six ethanol plants now operating and six others under construction, Purdue University agricultural economist Chris Hurt counts 27 others under consideration for Indiana.
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