U.S. Awards $22.5 Million to Groups Developing Algae Biofuels
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The U.S. Energy Department awarded about $22.5 million in grants to companies and researchers seeking to produce fuel from algae and other types of biomass.
Hawaii BioEnergy LLC, Sapphire Energy Inc. and New Mexico State University each will receive $5 million to develop algae-based fuel technologies, according to a statement today on the department’s website.