| Florida pumps $25m in grant aid into biofuel projects |
| Written by Giles Clark, London | ||
| Friday, 25 January 2008 | ||
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The state of Florida has announced the award of $25 million in grant aid to 12 biofuels projects in the state. The grants are part of Florida Agriculture and Consumer Services Commissioner Charles H. Bronson’s “Farm to Fuel” initiative, a program designed to get Florida’s agriculture industry to produce 25 percent of the state’s energy needs by the year 2025 in an effort to reduce Florida’s dependency on foreign oil and to keep land in agriculture.
“We believe that awards such as these are critical in triggering the development of a renewable energy industry in Florida,” Bronson said. “With the backing of and an investment from the state, we’re hopeful that these projects will yield positive results and serve as a catalyst for major commercial investment in this industry.” The entities chosen for the grants are investing nearly $157 million of their own resources into their renewable energy projects. The proposals were evaluated on a number of factors, including their use of Florida-grown crops or biomass to produce energy, their potential to expand agribusiness in the state, preliminary market research and the efficiency of their use of energy and other material resources. Last spring, the Florida Legislature authorized and Governor Charlie Crist signed into law the “Farm to Fuel” Grants Program to provide matching grants for demonstration, commercialization, and research and development projects involving bio-energy. As part of the program, $25 million was appropriated to stimulate investment in projects that produce renewable energy from Florida-grown crops or biomass. The winners of this year’s “Farm to Fuel” grants are:
* U.S. Envirofuels LLC
* Liberty Industries
* Agri-Source Fuels
* University of Florida
* Southeast Biofuels LLC
* Sigarca Inc.
* University of Central Florida
* Florida Institute of Technology
* Applied Research Associates Inc. of Panama City
* Applied Research Associates Inc. of Panama City
* Neptune Industries Inc.
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