Thursday, December 21, 2006 |
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Over $25 million dedicated for development of two cellulosic ethanol facilities |
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Governor George Pataki Wednesday announced that two companies have been selected to develop and construct pilot commercial cellulosic ethanol facilities in New York State. The state has awarded a total of up to $25.2 million to the companies to increase the production of clean and renewable fuels and reduce our dependence on imported energy. One of the companies – Mascoma Corporation – will build a 500,000 gallon/year facility in the Town of Greece, Monroe County. This project, which is a collaborative effort with Genencor, an enzyme company in Greece, along with Clarkson University, Cornell, and Khosla Ventures, has been awarded a $14,800,000 State grant and will include more than $15 million in private investment. The other company, Catalyst Renewables Corporation, will build a 130,000-gallon/yr. biorefinery adjacent to the company’s existing wood-to-energy plant in Lyonsdale, Lewis County. The two projects will build upon ongoing research at several New York universities and accelerate efforts to make cellulosic ethanol a viable energy option for commercial use. |
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