Verenium announces commercial cellulosic ethanol project
Second generation ethanol company Verenium has announced plans to build its first commercial-scale cellulosic ethanol facility in Highlands County, Florida.
The company has entered into long-term agreements with Florida agri-business Lykes Bros to provide the agricultural biomass for conversion to fuel.
Verenium also announced that the Highlands Ethanol project has been awarded a $7 million (€5.4 million) grant as part of Florida's Farm to Fuel initiative.
Verenium's planned commercial facility will be the first in the State of Florida to use next-generation cellulosic ethanol technology to convert renewable grasses to fuel, rather than processing food crops.
The plant will be constructed on 20,000 acres of fallow land, and is expected to produce up to 36 million gallons of cellulosic ethanol a year.
Verenium anticipates breaking ground on this facility in the second half of this year, and expects to start producing fuel in 2011.
The estimated cost for the project is $250-300 million.
Verenium recently received a special use permit from Highlands County for this facility, located in South Central Florida, and is in the process of finalising other necessary permit applications.
The Florida project is the first of several the company has under development.
The company has entered into long-term agreements with Florida agri-business Lykes Bros to provide the agricultural biomass for conversion to fuel.
Verenium also announced that the Highlands Ethanol project has been awarded a $7 million (€5.4 million) grant as part of Florida's Farm to Fuel initiative.
Verenium's planned commercial facility will be the first in the State of Florida to use next-generation cellulosic ethanol technology to convert renewable grasses to fuel, rather than processing food crops.
The plant will be constructed on 20,000 acres of fallow land, and is expected to produce up to 36 million gallons of cellulosic ethanol a year.
Verenium anticipates breaking ground on this facility in the second half of this year, and expects to start producing fuel in 2011.
The estimated cost for the project is $250-300 million.
Verenium recently received a special use permit from Highlands County for this facility, located in South Central Florida, and is in the process of finalising other necessary permit applications.
The Florida project is the first of several the company has under development.
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