Joule Unlimited, CPFD Software Win State Job Training Funds
by Megan Kamerick (New Mexico Business Weekly) …The JTIP board approved $263,542.58 for Joule Unlimited to create 20 jobs. The company is building the first phase of its commercial plant in Hobbs on land owned by the state and leased to Joule for 25 years. Joule, based in Massachusetts, has developed new technology that uses sunlight, saline water and carbon dioxide to make a genetically modified, salt water-based bacteria secrete both ethanol and diesel molecules through photosynthesis.
Joule’s plant initially will encompass 5 acres, with the potential to scale up to encompass 1,200 acres. READ MORE and MORE (Xconomy)



