The Iowa Renewable Fuels Infrastructure Program (RFIP) board approved 35 project applications totaling more than $1.6 million during its quarterly board meeting on July 20.
Seven of the projects are for ethanol infrastructure, one is for a biodiesel terminal, and 27 are for biodiesel infrastructure.
The RFIP helps fuel retailers provide higher blends of lower cost Iowa grown biofuels to consumers by incentivizing the installation, replacement and conversion of ethanol and biodiesel dispensing and storage infrastructure. Incentives to upgrade biodiesel terminal and storage facilities are also available.
While the Iowa Department of Agriculture and Land Stewardship manages the program, a board appointed by the governor and confirmed by the Iowa Senate determines grant allocations on a quarterly basis.
“When consumers can access higher blends of ethanol and biodiesel for their vehicle, they save money,” said Mike Naig, Iowa Secretary of Agriculture. “As more retailers upgrade their infrastructure, Iowa drivers will continually find more options to help them save money through the use of cleaner burning and more affordable homegrown biofuels.”