Lignol receives British Columbia grant

By | September 08, 2008
Lignol Innovations Ltd., a subsidiary of Vancouver-based technology developer Lignol Energy Corp., has received nearly $2 million as part of British Columbia's Innovative Clean Energy Fund. Lignol will use the $1.96 million grant to support the ongoing development and commercialization of its process technology to convert nonfood biomass into ethanol and other biochemical products. Lignol believes commercialization of its technology could help British Columbia reduce greenhouse gas emissions, use local feedstocks and contribute to other local technologies with strong export potential. The Clean Energy Fund is a $25 million fund designed to accelerate the development of clean technologies.