[Source: UA News] – Several University of Arizona researchers are part of a consortium that has just received a U.S. Department of Energy grant totaling more than $44 million that is intended to bring more sustainable and economically sound algae-based biofuels to market.
The federal agency announced on Wednesday that nearly $80 million under the American Recovery and Reinvestment Act would be awarded to the National Advanced Biofuels Consortium, or NABC, and the National Alliance for Advanced Biofuels and Bioproducts, or NAABB, of which the UA is a founding member.
The National Advanced Biofuels Consortium will receive up to $33.8 million, and the federal agency also reported that grants to both groups would be matched by the private sector and cost-share funds.
For more information: UA Part of Federal Effort to Develop Advanced Biofuels