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The New York Times reported Tuesday on the federal Department of Energy’s forthcoming announcement of $151 million worth of grants devoted to green energy research.

A significant part of the funding is slated for the development of biomass technologies. Five of the 37 recipients work on biomass energy, including E.I. du Pont de Nemours and Company, a bio architecture lab in Delaware that is exploring the production of biofuel from seaweed, and Univenture, Inc. in Ohio, one of many companies working on creating biofuel from algae. HeatingOil.com has reported extensively on algae biofuels and other new technologies that are receiving significant funding from the Department of Energy’s latest grants.

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