Blue Biofuels Receives $1.15 Million Department of Energy Phase 2 Grant

(Blue Biofuels) Blue Biofuels, Inc. (OTCQB: BIOF). Blue Biofuels is thrilled to announce that it has been awarded a Phase 2 Small Business Innovation Research (SBIR) grant from the U.S. Department of Energy amounting to $1.15 million. This significant funding will support the final stages of scaling the company’s patented Cellulose-to-Sugar (CTS) process, a groundbreaking technology that efficiently converts plant-based cellulose into sugars, which are fermented into ethanol to be used as sustainable biofuels. This Phase 2 grant follows the successful completion of Phase 1, where Blue Biofuels demonstrated the feasibility and effectiveness of its CTS process, paving the way for this Phase 2 grant.

CEO Ben Slager expressed his enthusiasm for this milestone, stating, “We are very grateful to the Department of Energy for their continued support and confidence in our CTS technology. This grant will allow us to accelerate the commercialization of our process, bringing us closer to providing a sustainable and economically viable alternative to fossil fuels. Our goal is to play a significant role in reducing carbon emissions and promoting energy independence, and this funding is crucial in helping us achieve that vision.”

The awarded grant will be utilized to complete the scaling of the CTS process, enabling Blue Biofuels to move forward with commercial deployment. With the successful completion of the Phase 2 project, all stages of the process—from biomass collection to ethanol production—will be fully integrated, optimized, and scaled up. The project also includes the completion of the engineering design of the manufacturing plant to the FEL2 level.

All government proposals undergo a rigorous review by a panel of experts in the field, ensuring that only the most promising and innovative projects receive funding. The success of Phase 1 and the endorsement of this panel underscores the potential of Blue Biofuels’ technology to revolutionize the biofuels industry, providing a cost-effective and environmentally friendly method of producing renewable energy.

Blue Biofuels is based in Florida and has the goal to produce biofuels through its patented Cellulose-to-Sugar (CTS) technology and its licensed Vertimass technology. CTS is a sustainable, and renewable green energy system with the potential to achieve a near-zero carbon footprint. The CTS process can convert virtually any plant material – grasses, forestry products, and agricultural waste such as sugarcane bagasse and wheat straw — into sugars and lignin. Sugars are subsequently processed into biofuels, such as ethanol and sustainable aviation fuel, and lignin may be further processed into a variety of products. The CTS process is a patented and proprietary technology wholly owned by Blue Biofuels.

Blue Biofuels’ CTS technology represents significant progress in renewable energy, offering a sustainable solution that reduces reliance on food crops for ethanol production. By utilizing abundant and renewable biomass sources such as king grass, sugar cane bagasse, and corn stover, the company is positioned to contribute meaningfully to the global transition toward cleaner energy. This versatility allows the company to take advantage of feedstock variability in different locations around the US and the world. READ MORE

Excerpt from Blue Biofuels/Globe Newswire: Blue Biofuels, a pioneer in the renewable energy sector, has officially contracted with the engineering firm, Global Management Partners (GMP), to produce Front-End Loading (FEL-2) level engineering plans for a production facility capable of producing three million gallons of biofuel per year from cellulosic biomass. These plans will outline the specifics of how the facility will be built and operated. This planning stage is crucial for ensuring that the production facility can be constructed efficiently and at scale. This milestone marks a major step in the company's efforts to commercialize its proprietary Cellulose-to-Sugar (CTS) process, an innovative technology that converts agricultural waste and other biomass into renewable biofuels.

The development of the FEL-2 engineering plans will lay out the groundwork for constructing a state-of-the-art production facility, designed to showcase the scalability and efficiency of Blue Biofuels' CTS technology. Funding for this project is provided by the U.S. Department of Energy (DOE), through a Phase 2 grant awarded to the company two months ago. The $1.15 million grant will support the completion of these plans and help Blue Biofuels move closer to full-scale commercial production.

“We are thrilled to begin this crucial phase of our project and to partner with GMP to advance our engineering efforts,” said Ben Slager, CEO of Blue Biofuels. “With the support of the DOE and our commitment to innovation, we are confident that this production facility will serve as an additional confirmation of the scalability of our technology and helps to propel us into production of cellulosic biofuels to accelerate the transition to a more sustainable energy future.”

Blue Biofuels is based in Florida and has the goal to produce biofuels through its patented Cellulose-to-Sugar (CTS) technology and its licensed Vertimass technology. CTS is a sustainable, and renewable green energy system with the potential to achieve a near-zero carbon footprint. The CTS process can convert virtually any plant material – grasses, forestry products, and agricultural waste such as sugarcane bagasse and wheat straw -- into sugars and lignin. Sugars are subsequently processed into biofuels, such as ethanol and sustainable aviation fuel, and lignin may be further processed into a variety of products. The CTS process is a patented and proprietary technology wholly owned by Blue Biofuels.