Iowa’s Renewable Fuel Infrastructure Program (RFIP) board recently awarded $1.518 million to 43 applicants. Those awards are for E85 and biodiesel dispensers, biodiesel terminals and tank vehicles.
The number of awards was the largest the board has approved this year. Over a 3-year period, the RFIP board will allocate $13 million in financial incentives to expand consumer access to biofuels. Owners or operators of retail motor fuel sites or biodiesel terminals can submit applications for the awards to the Iowa Department of Economic Development.
The tank vehicle grant program ends on 31 December. Any tank vehicle applications received prior to that date and applications posted marked by December 31, 2008 will be reviewed and acted upon by a special RFIP board meeting in January 2009.