Colorado selects winners of CNG station funding programme

Four new compressed gas natural (CNG) station developers have been awarded the ALT Fuels Colorado grant program under the third round of funding.

The CNG funding program is organized by the Colorado Energy Office (CEO), in Partnership with the Regional Air Quality Council and the Colorado Department of Transportation (DOT).

The programme aids entrepreneurs for the purchase of equipment to develop CNG stations, with grants that go up to $500,000 per application. This is the third round of grants organized by the Colorado Energy Office, reported NGT News.

“The program’s newly awarded locations illustrate a more comprehensive picture of Colorado’s rapidly advancing statewide system of publicly accessible, fast-fill compressed natural gas fueling stations,” said Wes Maurer, transportation program manager at the CEO.

According to the CEO, the ALT Fuels Colorado programme addresses the difficulty for retailers to set up CNG stations due to the costs, and trying to promote CNG vehicles by offering better more distribution points.

The current winners for the third round of the funding programme include the following:

Ward Alternative Energy - Henderson, Colo.

Sparq Natural Gas - Rifle, Colo.

VNG.CO - Denver

Trillium CNG - Gunnison, Colo.