On Monday, the DOE announced that is had awarded up to $24 million to three research consortiums for the commercialization of algae-based biofuels. The three consortia include partners from academia, national laboratories, and private industries located across the country. Projects are expected to continue for three years.

 

The three awardees are:

  • The

The U.S. Department of Energy (“DOE”) today announced Recovery Act funding of up to $85 million over a three year period for the development of algae-based biofuels and advanced, infrastructure-compatible biofuels. DOE wants leading scientists and engineers from universities, private industry, and government to collaborate in developing advanced biofuels and a thriving domestic bio-industry.

Oil giant Exxon Mobil Corp., the world’s largest and richest publicly traded oil company, is making a major jump into renewable energy with a $600 million investment in algae-based biofuels. Exxon is joining Synthetic Genomics Inc., a biotechnology company founded by the genomics pioneer J. Craig Venter, to research and develop next-generation biofuels from sunlight, water

The Department of Agriculture ("USDA") is now accepting proposals for its Small Business Innovation Research Program ("SBIR").  SBIR has $18.5 million available to fund research projects that address important problems facing American agriculture.  Research areas include, but are not limited to:

  • Biofuels and biobased products;
  • Air, water, and soils;
  • Rural development;
  • Aquaculture; and
  • Animal Manure management

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