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Posts with tag algae

GreenFuel Technologies signs deal to build algae fuel plant

As we've seen already, algae is big business these days, and it now looks like the alternative source of fuel is getting another shot in the arm, with GreenFuel Technologies recently announcing a deal to build an "algae-to-fuel" plant in Europe. The company, as you may or may not know, is now headed (at least temporarily) by Ethernet pioneer Bob Metcalf, with its main claim to fame being a bioreactor that's designed to grow algae from the carbon dioxide emissions of power plants. While complete details are still pretty light at the moment, that bit of technology was apparently enough to score it a $92 million deal with somebody (actually negotiated by the former CEO), which is reportedly contingent on it first building a small scale pilot plant and meeting cost and productivity goals along the way. As Xconomy reports, however, this latest development follows some hard times faced by the company, during which time it actually had to shut down one of its algae greenhouses after it produced more algae than the system could handle.

[Via Green Tech Blog]

Upstart Solazyme promises to make fuel from algae

It's not the first to turn to algae and biomass as a source of fuel, but upstart Solazyme seems to think it's got a leg up on other biofuel makers and its apparently lining up the deals and big bucks to prove it. As Technology Review reports, that includes Chevron, which is now in a "testing agreement" with the start-up, and the National Institute of Standards and Technology, which dished out a $2 million grant to the company. The trick that's attracted all that interest, it seems, is the company's particular way of using algae to convert biomass into fuel, which takes the apparently unorthodox approach of growing them in the dark, which causes them to produce more oil than they do in the light. What's more, Solazyme's method also apparently allows them to use different strains of algae to produce different types of oil, including a mix of hydrocarbons that's similar to light crude petroleum. Needless to say, all of this is still quite a ways away from finding its way into your car's tank, but the company has demonstrated its algae-based fuel in a diesel car, so it's at least moved beyond the lab.



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