American Biofuels gets go-ahead for 115 Mgy corn ethanol plant in Falls, PA

November 29, 2007

In Pennsylvania, Falls township gave the green light to American Biofuel’s 115 Mgy corn ethanol plant. The $200 million plant will be constructed on a 72-acre property that was formerly home to US Steel.

Gov. Rendell recemtly reintroduced the Pennsylvania energy plan to a joint session of the state legislature. The centerpiece is a $850 million Energy Independence Fund, funded by a bond issue. $500 million would be invested in clean-energy projects such as biofuel plants and solar and advanced coal technologies, and $100 million granted to Pennsylvania firms expanding clean-energy production.

Additional money was proposed to partly reimburse homeowners and small businesses for installation of solar panels, energy-efficient air-conditioners, refrigerators, and smart electricity meters. The bond would be paid off with a new energy utility tax.

The Pennsylvania plan sets a 1 billion gallon per year production target for 2017.

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Written by Jim Lane · Filed Under Producer News