Follow the Green Money: DOE Awards $564 Million for Biofuels, TPI Secures $26 Million for Wind Turbines, DOE to Award $100 Million in Three Areas

The Department of Energy has awarded 19 biorefinery projects up to a total of $564 million in stimulus funding.  Those projects receiving the funding will use it for development and construction of biorefineries.

TPI Composites, a builder of lightweight wind turbine blades, has secured $26 million in funding to continue expanding its operations.  General Electric has invested in TPI previously, the amount of investment has not been disclosed. 

$100 million in Department of Energy funds has been made available to researchers willing to compete for it.  The competition will focus on three areas:  advanced biofuels, carbon capture and electric vehicle batteries.  Concept papers are due Jan. 15, 2010.