Three companies win UK government’s advanced biofuels prize
In the UK, three companies have been awarded a share of a GBP25 million fund to help develop greener fuel technology and boost local industry, Transport Minister Andrew Jones announced Tuesday.
All the successful projects will use waste products which would otherwise be disposed of and turn them into biofuels, fuelling cars and lorries.
The funding will help the successful SMEs in Edinburgh, Teesside and Swindon invest in new premises and technology which will help generate over 5,000 new jobs by 2030, open up international markets and promote the renewable energy sector. The projects will boost Scotland, the Northern Powerhouse and Wiltshire and the UK economy as a whole.
The winning schemes are:
Celtic Renewables, based in Edinburgh, has been awarded GBP11 million to fund a new plant to make biofuels from Scotch whisky by-products, with plans to open a further 3 commercial plants across Scotland in the future
Advanced Plasma Power, in Swindon, will receive GBP11 million to help develop biofuels from ordinary household waste
Nova Pangaea Technologies Ltd, based in Tees Valley, will receive GBP3 million to help make biofuels from forestry waste
Category: Fuels