POET spokesman Matt Merritt tells Recharge his company is also negotiating terms for an additional $13.15m, which would bring total DOE money for the project to $100m. POET may be able to access the $13.15m as soon as this year, he says.
“DOE has shown an incredible commitment to speeding the commercialization of cellulosic ethanol,” says Jeff Broin, chief executive of POET, the world’s largest ethanol producer.
He
