Blue Biofuels receives $1.15M Department of Energy Phase 2 grant

Blue Biofuels announces that it has been awarded a Phase 2 Small Business Innovation Research, SBIR, grant from the U.S. Department of Energy amounting to $1.15 million. This significant funding will support the final stages of scaling the company’s patented Cellulose-to-Sugar process, a groundbreaking technology that efficiently converts plant-based cellulose into sugars, which are fermented into ethanol to be used as sustainable biofuels. This Phase 2 grant follows the successful completion of Phase 1, where Blue Biofuels demonstrated the feasibility and effectiveness of its CTS process, paving the way for this Phase 2 grant.