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Ethanol-from-microbes company is seeking an additional $20 million and is hiring a new CEO from DuPont.
Qteros, formerly SunEthanol, gets $25 million to commercialize a process that uses microbes, rather than enzymes, to make ethanol from non-food feedstocks.
Even amid the economic gloom, smaller clean-tech start-ups in efficiency and renewable energy are being funded because demand for their products remains strong.
How to keep your PC chugging a bit longer; a $400 million clean-tech fund, food and fuel under the United Nations microscope, and a new chief executive for SunEthanol.
Also: Factory makes ethanol from sugar cane waste; another attempt at a renewable energy tax-credit extension; how the chip industry will shake up the solar business; and SunEthanol's little ethanol-making bug gets DOE grants.
SunEthanol is optimizing a naturally occurring microbe that converts the cellulose in plants to ethanol.