Posts tagged with the keyword: ‘algae biofuel’

New Alga Discovered In Colorado Will Possibly Extend Biodiesel Production Northwards

New Alga Discovered In Colorado Will Possibly Extend Biodiesel Production Northwards

Researchers have discovered a new type of yellow-green algae — heterococcus sp. DN1 — that could potentially be a good source for biodiesel production and allow biodiesels to be produced much further north than they are now. The new strain was discovered living in the snow fields of the Rocky Mountains. H. sp. DN1 is apparently able to grow at very-low temperatures — near freezing — all the while accumulating large stores of lipids. It actually produces lipids at its highest rate when grown undisturbed in low temperatures and bright light — much like the conditions present in a snow field during the summer

Cellana and Neste Oil Enter Into Multi-Year, Commercial-Scale Off-Take Agreement for Algae Oil Feedstock for Biofuels

Cellana and Neste Oil Enter Into Multi-Year, Commercial-Scale Off-Take Agreement for Algae Oil Feedstock for Biofuels

Cellana, a leading developer of algae-based feedstocks for biofuels, animal feed, and Omega-3 nutritional oils, announced today that it has entered into a multi-year off-take agreement with Neste Oil, the world’s leading supplier of renewable diesel, for commercial-scale quantities of Cellana’s ReNew™ Fuel algae oil feedstocks for biofuel applications.

Bio-fuels as Alternative Sources of Energy

Bio-fuels as Alternative Sources of Energy

Bio-fuels are produced by converting organic matter into fuel for powering our society. These bio-fuels are an alternative energy source to the fossil fuels that we currently depend upon. The bio-fuels umbrella includes under its aegis ethanol and derivatives of plants such as sugar cane, as well aS vegetable and corn oils. However, not all [...]

DOE funds to boost algae-based biofuels

DOE funds to boost algae-based biofuels

The development of algae-based biofuels has received a boost after the US Department of Energy decided to award up to $85million from the American Recovery and Reinvestment Act towards their growth. The fuels that will benefit include renewable hydrocarbon fuels; and advanced, infrastructure-compatible cellulosic biofuels such as ‘drop in’ renewable hydrocarbon fuels. The DOE is [...]

Exxon Sinks $600M Into Algae Based Biofuels in Major Strategy Shift

Exxon Sinks $600M Into Algae Based Biofuels in Major Strategy Shift

Oil giant Exxon Mobil Corp. is making a major jump into renewable energy with a $600 million investment in algae-based biofuels. Exxon is joining a biotech company, Synthetic Genomics Inc., to research and develop next-generation biofuels produced from sunlight, water and waste carbon dioxide by photosynthetic pond scum. “The world faces a significant challenge to [...]

Dow Plans Algae Biofuels Pilot

Dow Plans Algae Biofuels Pilot

Dow Chemical is planning a pilot project with algae biofuel start-up Algenol Biofuels to convert waste CO2 into ethanol. The biorefinery is to be located in Freeport, Texas, at Dow’s largest manufacturing site. The project is contingent on Algenol’s receiving a Department of Energy grant for up to $25 million, or no more than half [...]

PetroAlgae Raises $10 Million in Common Stock Offering

PetroAlgae Raises $10 Million in Common Stock Offering

PetroAlgae Inc. (OTCBB: DVGL), a leading developer of systems to derive biodiesel fuels from algae, today announced that it has closed on a $10 million capital raise through the sale of approximately 3.2 million of newly-issued shares of common stock to two existing investors. “The proceeds from this offering are expected to help finance the [...]


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