NexSteppe Featured in Cleantech Group’s Biofuels & Biochemicals Report

Posted on June 23rd in news

NexSteppe Featured in Cleantech Group’s Biofuels & Biochemicals Report

NexSteppe is a global renewable feedstock company based in California and dedicated to the next generation of scalable, reliable, cost-effective feedstock solutions for the biofuels, biopower, and bio-based products industries. Combining advanced breeding techniques and cutting-edge analytical technologies, NexSteppe is developing dedicated energy crops tailored for these industries. The company’s Malibu sweet sorghum hybrids provide readily-accessible fermentable sugars for the production of bio-based fuels and chemicals.

Its Palo Alto biomass sorghum hybrids, standing at up to 20 feet tall after only 120 days of growth, provide high-yield, low-moisture biomass for biopower and cellulosic biofuels applications. Meanwhile, NexSteppe is also refining crop management practices to provide fully-integrated feedstock solutions. The company has received an equity investment and formed a strategic partnership with DuPont to help develop and commercialize NexSteppe’s advanced feedstocks.

Biofuels, biopower and bio-based products are rapidly emerging and
maturing industries providing significant contributions to growing energy needs around the globe. However, these industries will not reach the desired level of scale or sustainability without a set of feedstocks optimized for these enduses. In mature energy and chemical industries, feedstock generally accounts for greater than 50% of final product costs, so advanced feedstocks are critical to making these industries cost-competitive. NexSteppe optimizes and commercializes high-yielding, field-tested, compositionally optimized feedstocks for these markets. We have had our first sales in the U.S. and in Brazil. In Brazil, the most advanced market for bio-energy sorghums, we are the market share leader with 65% market share. We also have trials ongoing with commercial partners in more than a dozen additional countries spanning five continents. Ours are the first dedicated energy crops being used successfully at scale and without subsidy in commercial operations. We look forward to continuing to do our part to enable the growth of these industries and the advancement of sustainable and secure energy solutions around the world.” 

Anna Rath, CEO, NexSteppe

Cleantech Group’s Biofuels & Biochemicals
~ Cleantech