GREENFIELD, Mass. (WWLP) – The town of Greenfield is preparing for a new four-million dollar biodiesel plant. 22News is working for you with how the project is being funded by the community.
Hundreds of families in the region have already invested their money in this new project to build a biodiesel plant.
The plant will be able to collect and recycle used cooking oil to produce 3 and half million gallons of biodiesel fuel per year. That fuel will then be used for heating, construction equipment and transportation.
However, Co-op Power, which is the company building the plant, says they need to raise about 850,000 dollars more to make this plant a reality.
The CEO of the company told 22News, the inspiration behind this plant is the need for sustainable energy production, “Yea, this plant here is owned by hundreds of families in the region and we got together and decided that a biodiesel plant was one of the most important things we could do to help us transition to a more sustainable future,” said Lynn Benander, Northeast Biodiesel Company.
Co-op Power told 22News they’ll be having a dinner next Thursday in Turners Falls to give members an update on the project and, hopefully, even some good news.
The company is hoping to raise all the money they need by June 1st.