BRE to Invest in Large-Scale Bioethanol Plant in Jamaica
March 9, 2016http://biofuels-news.com/display_news/10261/bre_to_invest_95m_in_largescale_bioethanol_plant_in_jamaica/
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The Florida-based biofuel developer Benchmark Renewable Energy (BRE) is planning to develop a large-scale bioethanol operation in Jamaica. Once completed, the plant will have a production capacity of 10 million gallons per year of ethanol, with an additional 3 megawatts of electricity produced for the local grid.
In addition to ethanol and electricity, BRE aims to produce 500,000 gallons per year of aviation jet fuel as well as desalinated water. Juan Briceno, CFO at BRE, said Jamaica was chosen as the plant's location due to its potential for large-scale sugarcane production.
The BRE facility has the backing of several Jamaican and US government agencies, including the Jamaican Ministry of Industry, Investment and Commerce and Petroleum Corporation of Jamaica. BRE hopes to begin production in the fourth quarter of 2017.
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