LS9, HCL Clean Tech Snag $9M Grant
Luke Timmerman7/18/11
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.
