Thursday, March 19, 2009

Indiana Bioenergy, Wind and Ethanol Pipeline News

Bioenergy Company Moves Into New Facility

A company that works to produce fuel oil from algae has opened a new pilot production facility and corporate headquarters in Indianapolis. Stellarwind Bio Energy LLC's new location will include a greenhouse and an advanced research and development facility. The company uses proprietary technology to extract oil from algae and then convert it into methane, industrial grade charcoal and fertilizer.

Indiana Firm Lands Wind Farm Contract

Fishers-based Bowen Engineering Corp. has won a contract for the first wind farm being developed by Horizon Wind Energy in the state. The Meadow Lake wind farm will include 121 turbine generators that will be erected in farm fields and connected to a new electrical substation. Horizon also has projects planned in Randolph and Howard counties.

POET Explores Possible Ethanol Pipeline

The operator of three ethanol plants in Indiana is entering into a partnership to assess the feasibility of building an ethanol pipeline. POET LLC has signed a joint agreement with Magellan Midstream Partners L.P. to possibly develop a system to deliver ethanol from the Midwest to terminals in the northeastern U.S. POET has facilities in Alexandria, North Manchester and Portland.

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