Biofuels company Poet to reopen Cloverdale ethanol plant
Poet LLC plans to reopen the former Altra Biofuels plant in nine months, creating as many as 45 jobs.
Alternative fuels
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Indiana biofuel firm strikes ethanol licensing deal
A Purdue University-based company has reached a deal giving Chinese and Danish firms access to a patented product that makes
it easier to turn wood chips, grasses and other agricultural wastes into ethanol.
Indianapolis to demonstate plug-in electric vehicles
City will be among first to conduct demonstration of several plug-in electric vehicles prior to their market
launch next year.
Pickens’ natural-gas plan may prove boon to truck builders
Converting the U.S. trucking industry to natural gas will benefit manufacturers including Columbus-based Cummins Inc., T. Boone Pickens says.
Telecom supplier Telamon hopes to ‘ignite’ racing industry
Carmel-based Telamon Corp. rose to become one of the largest minority-owned businesses in the area largely by serving telecommunications giants. Now it is veering off its traditional course to supply racing teams with an ethanol-based fuel made from Indiana corn.
Lithium-ion battery maker names new president
EnerDel, an Indianapolis-based producer of automotive lithium-ion batteries, has named a new president, the company announced
today.
Carbon Motors files for $310 million loan
Carbon Motors yesterday filed for a $310 million federal loan to help it begin producing high-tech police cars in Connersville.
EnerDel lands $118 million stimulus grant
EnerDel, an Indianapolis-based producer of automotive lithium-ion batteries, will receive $118.5 million in a matching grant
from the federal government.
Natural-gas car proposal could boost Greensburg Honda plant
Hoping to spur alternative vehicles, lawmakers want to double the size of tax breaks on cars that run on natural gas. That
could be good news for Indiana, where Honda Motor Corp. produces the natural-gas-powered Civic GX in Greensburg.
Ballard trip to explore clean energy
Indianapolis Mayor Greg Ballard and other city officials will travel to Brazil in May to explore renewable-energy production,
in hopes of making the city a leader in the technology.
Quest for new rocket fuel leads scientists to kitchen
At Purdue University, the quest for a new missile and spacecraft fuel has
brought together an oil-and-vinegar mix of rocket scientists and food scientists.
Local company out to turn algae into fuel of future
Stellarwind is believed to be the first algae-oil company in Indiana and among dozens of others around the country at the
forefront of what’s being called the third wave of biofuels production.
Fund to fuel ethanol use out of gas
A state fund supporting an 18-cent-a-gallon tax credit for gas stations selling E85 ethanol was exhausted in the first three
months of the state’s new fiscal year.
Local engineering firm backing effort to turn garbage into ethanol
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.
Clean Wave hopes to invest $100M in alternative energy, sustainable technologies
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.
Road getting bumpy for ethanol plants
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.