Cellulosic Ethanol taking off in USA

Cellulosic ethanol, the production of ethanol from a number of biomass products i.e. paper sludge, wood chips, switch grass and corn stover, is taking off in the US! Often referred to as the “holy grail” in biomass-to-ethanol, this new approach would allow to use various input sources, not just expensive corn or crops.

One of our Cleantech portfolio companies, Mascoma, operates in this exciting new market. The company (I have written about this new Atlas investment in the past) recently got a contract for $15m from the New York State to build and operate a demonstration facility. Thumbs up on this amazing achievement!

Takeaway: I am confident that European start-ups, entrepreneurs as well as venture capitalists will also embrace the huge opportunity around cellulosic ethanol!

Recommendation: If you are interested in the biomass market in general, you should definitely check out the Biomass Europe in Berlin 2007.

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