Details on the deal were not disclosed. KL Energy chief executive Steve Corcoran did not immediately return a phone call from Recharge.
In a statement, Corcoran notes: “The commitment by Fair Energy will allow our company to complete its goal of being the first firm in North America to produce cellulosic ethanol on a constant, commercial scale for use.”
He says that KL Energy will have its commercial-scale demonstration cellulosic ethanol plant in Upton, northeastern Wyoming, operating on a 24-hour production schedule later this year..
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