Blue Biofuels receives grant for renewable fuels technology

The DOE SBIR Phase 1 grant will enable Blue Biofuels to advance its efforts to scale and optimise its patented cellulose-to-sugar (CTS) process. This funding will support the company’s team of scientists and engineers as they continue to refine cutting-edge fuel technology aimed at reducing carbon emissions and mitigating climate change.

CEO Benjamin Slager expressed his excitement about this achievement, stating: "We are honoured to be awarded the DOE SBIR grant, which recognises our commitment to developing clean and sustainable fuels. This grant not only validates our ongoing efforts but also provides us with the resources needed to accelerate our research and move closer to commercialisation."

With this grant, Blue Biofuels aims to successfully complete its Phase 1 scaling objectives, paving the way for future opportunities to secure larger-scale grants. The company is poised to leverage the findings and data generated from this project to pursue subsequent DOE SBIR Phase 2 & 3 grants, potentially worth millions of dollars. Blue Biofuels remains steadfast in its commitment to advancing the biofuels industry and ushering in a cleaner and greener energy landscape.

Blue Biofuels is grateful to the Department of Energy for their trust and support in this endeavor. The company is confident that this grant will serve as a stepping stone towards even greater achievements in the future, driving the company toward commercialisation and production.

Read the article online at: https://www.hydrocarbonengineering.com/clean-fuels/12072023/blue-biofuels-receives-grant-for-renewable-fuels-technology/