Maher Muhawieh - Propel gets $10.9M for alt fuel pumpsThe Department of Energy and the California Energy Commission will furnish Propel Fuels with $10.9 million in grants to help it deploy its ethanol and biodiesel fueling pumps across California. As the Business Times reported Aug. 20 edition, the Redwood City-based Propel is putting 75 pumps across the state in the next 18 months to two years, co-locating them at existing gas stations to limit overhead costs. Developing the pumps could create 450 jobs in California. Also, the lower-carbon fuels dispersed at the pumps could avoid 39 million gallons of petroleum, saving 187,500 tons of CO2 emissions from entering the atmosphere each year, the company said. Read more: Propel gets $10.9M for alt fuel pumps - San Francisco Business Times posted by maher muhawieh |
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