| April 3, 2009 BURNABY – Lignol Innovations Ltd. of Burnaby has been approved for provincial funding of $3,405,000 for a project to develop liquid biofuels. This investment will help create 20 ongoing jobs and benefit the environment. “Our support for Lignol is recognition of the leading role that Burnaby plays in the alternative energy sector,” says Burnaby North MLA Richard T. Lee. “Lignol’s project to produce cellulosic ethanol is a great use for the wood waste produced from the forestry industry and also for the trees damaged by pine beetle infestation. These fuels will do much to lower greenhouse gas emissions.” “Lignol is one of the many Burnaby companies establishing our city as a leading centre of research in green energy,” says Burnaby-Willingdon MLA John Nuraney. “I am very pleased to see our support for them is continuing.” Lignol will produce cellulosic ethanol and other products from under-utilized forest resources, especially beetle-killed lodgepole pine. The project will establish process and product characteristics to produce test market quantities of cellulosic ethanol and lignin-based products. The project includes a basic engineering design package and cost estimate for an initial major commercial bio-refinery to be built in British Columbia. By providing a demand for large quantities of beetle-killed wood and other feedstocks, the project will help support economic activity in rural B.C.’s forest communities. “This investment helps us to achieve two important goals,” says Burquitlam MLA Harry Bloy. “It creates jobs and diversifies our economy.” The project is part of $32.6 million announced today by Premier Gordon Campbell that will help commercialize British Columbia’s clean, efficient energy technologies and reduce greenhouse gas emissions, benefiting the environment while creating 1,200 in over 30 B.C. communities, Premier Gordon Campbell said today. In November, 2008, Small Business, Technology and Economic Development Minister Ida Chong announced that the Province would accept funding applications for liquid biofuels with uses ranging from transportation to home heating. Seventeen applications were received. The eight approved projects, with a total project value of $100.6 million, represent technologies that will develop cellulosic ethanol, biodiesel, and other biofuel products. The investment will create about 450 temporary and full time jobs in seven B.C. communities. Projects must demonstrate that the fuel produced will result in significant reductions in greenhouse gas emissions relative to conventional petroleum-based fuels, based on a full life-cycle assessment (the full life cycle of a biofuel – from source to final use). This funding supports the provincial government’s priorities, including:
The Province’s Innovative Clean Energy Fund is also investing $22.6 million in 19 projects situated in rural and off-grid communities across British Columbia, covering a range of technological applications, including: ocean tidal and wave, solar, geothermal, wind, biomass, wastewater, energy conservation and management, and variable street light technology. The approved projects represent over $96 million in total value and will create about 750 temporary and full time jobs in over 25 B.C. communities. For more information, please visit the website at: http://www.tted.gov.bc.ca/ICEFund/Pages/default.aspx -30- | Select an area of government services from the drop-down list below for more information on how we may be able to assist you.
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