A state program administered by the Iowa Department of Economic Development has handed out $563,800 to 21 Iowa retailers installing pumps for E-85 and biodiesel fuel, terminals installing biodiesel storage tanks and blending equipment, and tank wagons for farm delivery having dedicated compartments for E-85 and biodiesel.
“These awards to expand access to E-85 ethanol and biodiesel demonstrate our state’s commitment to a greater use of renewable energy,” said Iowa Department of Economic Development Director Mike Tramontina. “Our goal is to make it as easy as possible for Iowa families to use renewable fuels, promote Iowa’s renewable energy economy and reduce our reliance on foreign oil.
Another $7.75 million in grants will be handed out by the RFIPB over the next couple of years to expand consumer access to E-85 and biodiesel. The next set of grants will be handed out in February, so owners or operators of retail motor fuel sites, biodiesel bulk storage terminals and tank wagons with dedicated compartments for renewable fuels are encouraged to get their applications for the grants in to the Iowa Department of Economic Development. You can get an application by clicking here.