Enerkem Scores $50M DOE Funding
Montreal-based Enerkem has scored $50 million in stimulus funding from the Department of Energy to support construction of a waste-to-biofuels power facility in Pontotoc, Miss.
Once operational the test facility is expected to produce 10 million gallons of ethanol and other green chemicals from sorted municipal solid waste and wood residues.
Enerkem says it could double the size of its Mississippi bio refinery by adding a second module to bring total production capacity to 20 million gallons a year. The company did not provide a timeline as to when that could happen.
Enerkem has a pilot plant, in operation in Sherbrooke, Quebec. It has raised VC funding from Rho Ventures, Braemar Energy Ventures and BDR Capital.
