EdeniQ receives $3.9M grant for biofuel research
- Published on 06/19/2012 - 1:59 pm
- Written by Business Journal staff
EdeniQ, a biofuels technology company based in Visalia, received a $3.9 million grant from the California Energy Commission to help in its efforts of researching the commercial potential of cellulosic ethanol.
The grant follows $20 million in funding from the U.S. Department of Energy in 2009 to help build a pilot plant testing company's ethanol technology using organic materials such as wood chips, corn stover and switchgrass as well as the non-starchy cellulosic material in corn.
With the latest grant, part of the CEC's Alternative Fuel and Vehicle Technology Program, the company will be able to enhance the technology and anaerobic processes used in the facility, which is set to unveil on June 26.
Scheduled to operate for a period of 3.5 years, the plant will have the capacity to convert two dry tons of feedstock per day to make up to 50,000 gallons of cellulosic a year.
Last month, the company announced that it raised over $32 million from investors to develop more innovations in the biofuel market.
So far, EdeniQ's corn-to-cellulosic technology has been shown to increase ethanol yields from corn by over 10 percent using its enzymes and mechanical processes.
Besides its headquarters in Visalia, the company also has locations in Omaha, Neb. and Sao Paolo, Brazil where it grows and tests crops for biofuel research.