Todd Becker News

U.S. Military Biofuel Development Contract Placed

BioProcess Algae LLC awarded $6.4-Million U.S. Department of Energy grant to develop advanced drop-in biofuels for military jets & ships. BioProcess Algae LLC has been selected to receive a grant of up to $6.4 million from the U.S. Department of Energy (DOE), as part of an innovative pilot-scale biorefinery project related to production of hydrocarbon fuels meeting military specification. The project will use renewable carbon dioxide, lignocellulosic sugars and waste heat through BioProcess Algae's Grower HarvesterTM technology platform, co-located with the Green Plains Renewable Energy, Inc. (Nasdaq:GPRE ) ethanol plant in Shenandoah, Iowa. "BioProcess Algae was the only algae platform chosen to be a part of this project by the DOE," said Todd Becker, President and CEO of Green Plains.