Iogen chosen for U.S. biofuel funding
The U.S. Department of Energy announced six cellulosic ethanol projects that stand to get $385 million in federal funding over the next four years. Among the six was Ottawa-based Iogen Corp., which could receive up to $80 million if it chooses to build its 18-million-gallon plant in Idaho, which would supply agricultural residue — such as wheat straw and corn stover — to Iogen. The company, however, told the Globe and Mail that it hasn’t made a final decision on where to build its first plant and says Canada and Germany are still in the running. The other five who qualified for the funding include Abengoa, Alico, BlueFire Ethanol, Broin Companies and Range Fuels — the latter being an investment of Khosla Ventures.
Tyler Hamilton is editor-in-chief of Corporate Knights magazine and a business columnist for the Toronto Star, Canada's largest daily newspaper. In addition to this Clean Break blog, Tyler writes a weekly column of the same name that discusses trends, happenings and innovators in the clean technology and green energy market. This blog is a personal project started in April 2005. It is not an official blog of the newspaper.
