Joule ready to break ground on solar fuels plant in New Mexico

In New Mexico, biofuels company, Joule Unlimited Inc., announced it is ready to start construction on a biofuels demonstration plant in New Mexico. Joule Unlimited Inc. plans to convert sunlight and carbon dioxide waste into biofuel at the planned facility in Hobbs, which is expected to begin operations in 2012.

The plant is expected to generate 20 permanent jobs in addition to construction jobs. New Mexico state officials say Joule has the potential to expand its operations to create 500 new jobs in Hobbs by producing up to 75 million gallons of renewable diesel and 125 million gallons of ethanol per year.