02 2010
Microalgae Industry Internet Directory Launched
Through genetic engineering many companies and scientists are trying to develop transgenic micro algae for the commercial use. Thus the content of oil or the yield of carotenoids and dyes should be enhanced as well as the production of proteins through micro algae should be facilitated
Furthermore, the biotechnology of micro algae is developing a solution to use micro algae for the commercial production of biodiesel in an industrial scale. At this point, it exists an interface between genetic modifications of micro algae, because the directed production of suitable long-chain hydrocarbons in micro algae could lead to higher yields for the production of bio diesel.
Based on a recent internet search, Prof. Dr. Gerd Kloeck / Professor of Bioprocess Engineering / Hochschule Bremen – Bremen, Germany, presents a list of algae producers and companies currently developing production technology. This list doesn’t claim to be complete yet. It is, however, the most comprehensive web directory of this industry publicly available.
17 2010
Algae Aviation Fuel Sales Powdered Algae Jet Fuel to U.S. Air Force
Algae Aviation Fuel from CCA is Proud to Announce Initial Sale of Powdered Algae Jet Fuel to the United States Air Force Research Laboratory. An undisclosed amount of powdered algae fuel will be evaluated as a solid fuel propellant for aviation use.
Compact Contractors for America (CCA), a Southern Utah-based company has developed a dry process biofuel from algae, camelina seed, and other non-fossil fuel sources. Dry process biofuels are essentially powders that can be fluidized and combusted in jet turbine engines.
04 2010
Rosetta Green and Seambiotic Will Collaborate in the Development of Improved Algal Strains for the Biofuel Industry
Rosetta Green, a company specializing in the identification of unique genes in plants and algae for the cleantech and plant biotech industries and Seambiotic, a company specializing in the growth of algae at industrial scale, announced yesterday that they have signed a collaboration agreement to develop and test improved algal strains for the biofuel industry. According to the agreement, Rosetta Green will be responsible for the development of the strains and Seambiotic will be in charge of large scale algal growth and biofuel production.
The companies will initially focus on increasing the oil content of the algae and producing strains that can better withstand contamination. The companies have formed a joint steering committee that will be responsible for the management and operation of the collaboration. The proof of concept phase of the collaboration is anticipated to last about two years, during which the companies will explore the development of facilities for producing biofuel from algae on an industrial scale.
22 2010
Solazyme Delivers 100% Algal-Derived Renewable Jet Fuel to U.S. Navy
Solazyme, Inc. is helping the U.S. military move closer to powering its planes, ships, tanks and trucks on renewable fuel and has delivered of 1,500 gallons of 100% algae-based jet fuel for the U.S. Navy’s testing and certification program. The U.S. Navy has previously announced the objective to operate at least 50% of its fleet on clean, renewable fuel by 2020, and the delivery fulfills a contract awarded to Solazyme by the U.S. Department of Defense (DoD) in September 2009.
Solazyme, a renewable oil and green bioproducts company and leader in algal biotechnology, manufactured the world’s first 100% algal-based jet fuel through its proprietary fermentation process in collaboration with renewable jet fuel processing technology from Honeywell’s UOP. Solazyme’s renewable Solajet(TM)HRJ-5 is designed to meet all of the requirements for Naval renewable aviation fuel. In preliminary tests, it also meets the fuel requirements of the U.S. Air Force and meets the standards for commercial jet fuel.
22 2010
Algal Biomass Summit Releases Meeting Agenda
The 2010 Algae Biomass Summit recently released the event’s newly-expanded agenda featuring more than 70 speakers and seven new sessions. The 4th annual event will be held September 28-30 at the JW Marriott Desert Ridge in Phoenix, Arizona.
15 2010
Algal Biomass Organization Announces Algae Finance Summit in NY
The Algal Biomass Organization (ABO), the leading trade association for the algae industry, today announced it will be hosting an Algae Finance Summit on May 13th, 2010 at New York City’s Flatotel. The day-long event will provide investors, analysts and fund managers with the information needed to make informed investment decisions and recommendations regarding opportunities in the fast-developing algae for energy industry.
Key experts, including government regulators and policymakers, algae producers, legal experts and investment professionals, will offer attendees a holistic — and realistic — assessment of the capital needs and financing structures for algae companies and projects, as well as the role of the federal government in regulating the industry and facilitating its growth through funding.
22 2010
Quebec Symposium on Industrial Development of Algae: March 23/24 2010
The Consortium BioMar-Innovation and CRIBIQ (Consortium for Research and innovations in industrial bioprocesses in Quebec) have teamed up to organize a symposium on the industrial exploitation of algae: an economic development opportunity for Quebec to be held on the 23rd and 24th of March, 2010 in Rimouski.
At an international character, the Symposium on algae appears to be the first event of its kind in Quebec. It will bring together representatives of companies, consulting firms and research centers with a common interest industrial development of micro-and macro-algae and their derivatives.
The symposium will be an opportunity for stakeholders’ chain algae “in Quebec and guest speakers to discuss the state sector situation here, the current global trends and the development of this promising sector for Quebec. The event will revolve around four axes:
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Portrait World and Canadian industrial exploitation of algae – Markets, challenges and trends.
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Industrial Production Technologies algae for commercial applications (bioenergy, cosmeceuticals, aquaculture, food and other)
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Technological and commercial farms algae – Examples of industrial projects underway in Quebec
- Mapping patents and innovations, application areas and key players in the field of algae.
22 2010
Green Star Licenses Algae Biotechnology Prior to Wall Street Auction
Green Star Products, Inc. (PINKSHEETS: GSPI) and its Consortium announced on March 10, 2010, that it will be auctioning the United States licensing rights to a game changing proprietary algae growth biotechnology on September 9, 2010.
Potential bidders who were not interested in the total United States licensing rights to the algae biotechnology have requested licenses for individual U.S. States. To address this new request, this press release is a notice to all bidders that additional licenses have been granted for the States of Utah and Alabama.
Idaho and Missouri where excluded from the original auction because of existing equity holdings of Green Star and its Consortium in these U.S. States.
The auction will now cover the licensing rights for 46 U.S. States.
22 2010
Algae-focused Aurora Biofuels Secures $15M in Funding
Aurora Biofuels, Inc. said it has secured an additional $15 million in a recent funding round led by Oak Investment Partners, with the continued support of Gabriel Venture Partners and Noventi Ventures. This third round of financing brings the total amount of money raised by the company to more than $40 million. The new funding will be used to support the continued path to commercialization for its advanced algae biofuel technology.
In addition, the company has hired Scott McDonald, a veteran Silicon Valley executive, as its Chief Financial Officer. Mr. McDonald brings to Aurora Biofuels a 25-year history in executive management and in planning and executing corporate strategy. He has substantial experience in operations, administration and financial oversight, and has helped to build and scale many successful startup and high growth companies.
“This additional investment will be critical as our company expands its field of operations and further optimizes its technology,” said Mr. McDonald. “I am excited to be joining a company with truly enormous potential and an ample reserve in the bank, and look forward to implementing Aurora Biofuels’ financial and operational strategies moving forward.”
Brian Hinman, Oak Venture Partner and Aurora Director, added that, “Aurora Biofuels has made a significant genetic engineering achievement in doubling the productivity of its proprietary algae, and this round of funding will allow the company to demonstrate the productivity and production processes at scale.” Mr. Hinman added that “we are pleased to bring Scott McDonald to the company, as he has a wealth of experience in finance, operations and technology, which will be tremendously important as we build out the company’s capabilities on the demonstration scale.”
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