Lansing, Michigan [RenewableEnergyAccess.com] Governor Jennifer M. Granholm announced state approval of Michigan’s first Renewable Energy Renaissance Zone, a 25-acre site on which a company may operate free of virtually all state and local taxes. The zone is being established to attract a new, $10 million biodiesel fuel production plant that is expected to create 20 new jobs in the community. Michigan’s Renaissance Zone program is administered by the Michigan Economic Development Corporation (MEDC).