Green Star Products is Active in Four Green Technology

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Green Star Products, Inc., announced that it plans to expand its U.S. government technical proposal team to meet the expansion of the U.S. government $3 billion funding program for renewable energy projects. 

The U.S. Department of Energy (DOE) and the U.S. Department of the Treasury on July 31, 2009, announced they are now accepting applications for a program that will make direct payments in lieu of tax credits to companies that create and place in service renewable energy facilities. The two Departments estimate distributing at least $3 billion in financial support to approximately 5,000 biomass, solar, wind, and other types of renewable energy production facilities. The funding for this effort is made available through the American Recovery and Reinvestment Act.

Green Star Products together with its consortium partners are now active in four distinct green industrial applications, which are: 

           Algae biodiesel production  

           Cellulosic ethanol  

           Electric vehicle production

           Advanced lubrication

All these industry segments are leading candidates for government funding programs.

Source: Business Wire

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