Reviving next-generation biofuels investment in the US:
http://blogs.ft.com/energy-source/2009/ ... els-in-us/
KL Energy says it is the only company in the US with an industrial scale demonstration plant producing cellulosic ethanol. And it is ready to build commercial plants to produce cellulosic ethanol in four continents - north America, south America, Asia and Europe. Cellulosic ethanol - where liquid fuel is produced from starchy material such as corn husks - is one of the one of the great hopes of biofuels industry, because it means fuel can be made from plant sources without the need to compete with food crops. But KL first needs funding for its proposed plants. The credit crisis has not only made it difficult for everyone to get credit, but especially those venturing into new, untested areas and looking for project finance. The key is to tie up with a big name company who can get access to finances.
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Reviving next-generation biofuels investment in the US
Moderator: Peak Moderation