ZeaChem Inc., a developer of biorefineries for the conversion of renewable biomass into sustainable fuels and chemicals, recently announced it has been selected for a $232.5 million loan guarantee from the U.S. Department of Agriculture’s (USDA) 9003 Biorefinery Assistance Program. The conditional commitment enables the financing and construction of ZeaChem’s first commercial-scale cellulosic biorefinery, a [...]
DOE Awards Largest Biofuel Grants
The US Department of Energy has selected 19 projects to receive up to $564m funding from its Biorefinery Assistance Program, which promotes development of biomass technologies. The DOE said all the projects will be matched with more than $700m in private and non-government cost-share funds. Grant recipients handling woody biomass include: American Process, Clearfuels Technology, [...]