Iowa Power Fund approves $4.1 Million investment for renewable energy


Photo by spanginator, Flickr

KCAU-TV reports that the Iowa Power Fund Board awarded $4.1 million to four renewable energy projects in Iowa. Since its inception, the Power Fund has invested over $69.4 million in energy-related projects. The newly funded projects will potentially lead to an increase in ethanol production, transform farm waste into useable energy, promote the use of solar panel technology, and determine if prairie biomass can be used for energy production.

Read a detailed description of the projects here:

  • Quad County Corn Processors received a grant of $1.45 million to construct a full-scale plant at its Galva, Iowa ethanol facility to demonstrate its patent pending cellulosic ethanol process. The process could be applied at existing corn starch ethanol plants to increase ethanol production, create a high-value protein feed product and recover more corn oil than a conventional ethanol plant. With commercial-scale demonstration, the project has the potential of replication at Iowa’s 35 dry-grind ethanol plants. Quad County Corn Processors will provide $5 million in funding for a total project cost of $6.5 million. Continue reading