Ventura, subsidiary of biodiesel company Biodico has received a $2m grant from the California Energy Commission to produce renewable energy and biodiesel in Port Hueneme, US state of California.

This biodiesel will be produced at Biodico’s 10 million gallon a year facility.

Process heat and power will be generated through the use of solar energy, which will produce 20kW of electricity and 80kW of heat at the facility.

Biodico president Russell Teall said the objective is to produce all process heat and energy on site from renewable resources, and to use innovative approaches to cultivate low impact feedstocks for biodiesel production.

"This will substantially reduce our carbon footprint," added Teall.

The company also plans to undertake research into the development of viable biofuel feedstocks, reports biofuels international.