LS9, HCL Clean Tech Snag $9M Grant

Xconomy San Francisco — 

South San Francisco-based LS9, the developer of renewable fuel technology, said today it has awarded a $9 million grant from the U.S. Department of Energy, along with its partner, Oxford, NC-based HCL Clean Tech. The money will be used to convert cellulosic biomass into fermentable sugars and then diesel and other chemical products, LS9 said. The grant was part of a broader $36 million program the Department of Energy is running in six states, according to a statement last month from HCL.

By posting a comment, you agree to our terms and conditions.

2 responses to “LS9, HCL Clean Tech Snag $9M Grant”

  1. Jerry Jeff says:

    LS9 sure got busy with the press releases all of a sudden. All seems to be pointing in the right direction, and I wonder if they will be the first ones to bring a Gen3 biofuel to market.

  2. Mo Lasses says:

    $9 million! Intriguing. Has anyone asked Southern Research Institute in Durham who wrote the grant proposal? That’s where the real intrigue lies. Lies… pun intended.