The blogger behind nualgi has done us all a favour, and listed a whole bunch of firms that are trying to make money out of algae-biofuel. Worth a look.
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An Algae Biofuel firm in New Zealand aims to buck credit crunch trend with an IPO of 60m shares at 50cent each. That could raise New Zealand dollars (NZD) 30m ($17m) for Aquaflow Bionomic Corporation, based on South Island, according to Stuff.co.nz.They must have a compelling story to tell.
Over on climate progress they’ve found an interview in Wired with the head of Boeing’s biofuel jet program who believes that the first biofuel for jets could be certified in three years. That’s going to be good news for people selling seedlings…. The big demand could hit in about 2015.
Over on the Olegae blog they’ve come across a development in Thailand that could potentially be used in biofuel production.I guess the usual caveats about extractability, conversion rates and yeild need to be borne in mind, but, once again, the more the merrier.
The UK’s Carbon Trust has launched the Algae Biofuel Challenge to try and flush some good ideas for biofuels from algae off the top of the pond and closer to commercialisation. Worth applying.
There’s a large algae reactor underway in Spain based around the Holcem cement reactor, which will be around 100 square metres and cost $92m, according to Greentech media. The reactor is being built by Green Fuels Technology Corp.
I’ve just been pointed at the US-based National Algae Association, which recently appointed Will Thurmond as Chairman, Research and Development Round table. Membership of the organisation is $750/year Researchers can join for £250.