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Algenol Partners With Valero Services on Algae to Ethanol

Green Car Congress

is a privately owned company founded in 2006. It recently made a series of announcements including the award of a $25 million grant from the Department of Energy as part of the American Recovery and Reinvestment Act, to build a facility in concert with its partner on the project, The Dow Chemical Company. Algenol Biofuels Inc.

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Biofuels research awarded millions in funding

Green Cars News

The grants come from the US Departments of Energy and Agriculture under a joint DOE-USDA program that began in 2006. Seven projects have picked up a total of $6.3million towards fundamental genomics-enabled research that will lead to the improved use of plant feedstocks and biofuel production.

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