Posts tagged with ‘biofuel’

  • Algae startup Sapphire Energy raising $144M

    Algae biofuel is getting a massive infusion of money. Startup Sapphire Energy, which uses synthetic biology to make a green crude out of algae that can be turned into gas, diesel or jet fuel, announced on Monday that it’s raising $144 million in a Series C round from investors including agriculture company Monsanto. Previous investors in Sapphire include Bill Gates’ […]
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  • OECD Conference on Marine Biotechnology for Ocean Productivity and Sustainability: May 30-31 2012

    This conference, held in late May in Vancouver, Canada, will address opportunities for marine biotechnology to contribute to global challenges such as of food and fuel security, population health, green growth and sustainable industries. The event aims at raising awareness among policy makers of the potential of the marine environment and how this potential could be realized through the use […]
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  • NUI Galway’s participation in Energetic Algae project (EnAlgae) investigates algae as sustainable energy source

    Seaweed is big business in Asia, where it is cultivated and used in a variety of food and beauty products. Nine-tenths of the world’s production for commercial use takes place in China, Japan and Korea. It is also commonly used as a sugar-rich animal feedstock in the US. Of the 500 species that can be found in Ireland, though, only […]
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  • OriginOil: diesel and gasoline could be made from algae and waste for US$2.28/gallon

    OriginOil announces a new company study that suggests algae producers can produce finished fuels in a cost-effective manner with existing technology. OriginOil, developer of a breakthrough technology to convert algae into renewable crude oil, announced a new company study indicating for the first time that algae producers worldwide can now make transportation fuels cost-effectively themselves. The company’s analysis points to […]
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  • Sapphire to License Earthrise Spirulina for Green Crude

    Sapphire Energy has announced it has entered into a licensing agreement with Earthrise Nutritionals LLC, Southern California-based producer of spirulina and spirulina-based products, to integrate Earthrise’s spirulina strain into Sapphire’s growing inventory of cyanobacteria and algae strains for algae-to-energy production. As a result of this agreement, Sapphire significantly improves its operational efficiency by expanding the range of strain choices available […]
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  • Novozymes and Sea6 Energy Team on Seaweed Research

    Novozymes has announced an exploratory research agreement with India-based Sea6 Energy to co-develop a process for the production of biofuels from seaweed. The research alliance will use enzymes to convert seaweed-based carbohydrates to sugar, which can then be fermented to produce ethanol for fuel, fine chemicals, proteins for food, and fertilizers for plants. Novozymes will research, develop, and manufacture enzymes […]
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  • Algae.Tec Successfully Completes $5m Capital Raising With Patersons Securities

    Algae.Tec Ltd has announced that the AUD$5,000,000 (USD$5,354,086.97) Placement through Patersons Securities Limited has been successfully completed. As previously stated, this capital raising will be utilised to fund the fast-tracking of commercial projects recently announced. Algae.Tec Executive Chairman, Roger Stroud, said the Company was extremely pleased with the capital raising. “This again demonstrates that sophisticated investors are aligned with the […]
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  • AURORA ALGAE SET TO RAISE $100M

    The company’s  Western Australia operation in Karratha is planned to be increased from the initial 100 hectares of commercial operation to 400 hectares in the next stage, and then 1000 hectares. Aurora Algae began operations in Karratha mid last year and now has its sights on raising $100 million after hitting the $22 million mark a few months ago. The $22 million […]
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  • OriginOil and DOE to Develop Direct Conversion of Algae into Renewable Crude Oil Source

    Good news on the algae-to-oil front has been released by Los Angeles-based OriginOil, Inc., in conjunction with the US Department of Energy. The company will work in partnership with Idaho National Laboratory (INL) to help algae growers to enter the global crude oil market. OriginOil, a developer of a technology platform to extract oil from algae, reports that it plans to […]
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  • Algae-based fuels a growing business in New Mexico

    Sapphire Energy Inc., which uses a proprietary process to turn algae oil into renewable gasoline to replace fossil fuels at the pump, broke ground last June on a 300-acre commercial demonstration facility in Columbus. In Hobbs, in the heart of southeast New Mexico’s oil patch, Massachusetts-based Joule Unlimited Inc. broke ground this fall on a five-acre site that will use […]
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