Filed under: Emerging Technologies, Ethanol
Back in January, Ineos Bio, along with joint venture partner New Planet Energy, received a conditional $75 million guaranteed loan from the U.S. Department of Agriculture’s (USDA) 9003 Biorefinery Assistance Program. Well, it didn’t take long for Ineos and NPE, under the JV name of Ineos New Planet BioEnergy, to put the funds to use, breaking ground on its $130-million BioEnergy Center outside of Vero Beach, FL.
Construction of the BioEnergy Center is apparently well underway and completion is set for mid-2012. Once operational, the BioEnergy Center will be capable of producing up to eight million gallons of biofuel annually and cranking out nearly six megawatts of electricity from biomass materials like yard, vegetative, wood and solid waste.
[Source: Ineos New Plant BioEnergy]
Continue reading Ineos New Planet BioEnergy break ground on waste-to-ethanol facility in Florida
Ineos New Planet BioEnergy break ground on waste-to-ethanol facility in Florida originally appeared on Autoblog Green on Wed, 16 Feb 2011 08:00:00 EST. Please see our terms for use of feeds.
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