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Last updated on April 16, 2014 at 21:24 EDT

Latest Algae fuel Stories

2010-03-02 08:00:00

DES PLAINES, Ill., March 2 /PRNewswire-FirstCall/ -- UOP, a Honeywell (NYSE: HON) company, announced today that it has been awarded a $1.5 million cooperative agreement from the U.S. Department of Energy for a project to demonstrate technology to capture carbon dioxide and produce algae for use in biofuel and energy production. The funding will be used for the design of a demonstration system that will capture carbon dioxide from exhaust stacks at Honeywell's manufacturing facility in...

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2010-02-21 08:02:35

Sandia scientist discusses use of algae as a biofuel As Americans demand new and cleaner ways to meet the country's energy needs, researchers are turning to algae as a promising new fuel source. The approach has the potential to significantly reduce the nation's reliance on imported oil while contributing to rural economic development and lowering greenhouse emissions. Experts project that algae-based biofuels could displace large volumes of diesel and jet transportation fuels. One of the...

2010-01-21 14:18:20

With many companies investing heavily in algae-based biofuels, researchers from the University of Virginia's Department of Civil and Environmental Engineering have found there are significant environmental hurdles to overcome before fuel production ramps up. They propose using wastewater as a solution to some of these challenges. These findings come after ExxonMobil invested $600 million last summer and the U.S. Department of Energy announced last week that it is awarding $78 million in...

2010-01-14 19:17:00

DURHAM, N.C., Jan. 14 /PRNewswire/ -- U.S. Department of Energy (DOE) Secretary Steven Chu announced Wednesday the award of $44 million in federal stimulus funds to The National Alliance for Advanced Biofuels and Bioproducts (NAABB), a consortium including Palmer Labs, LLC, of Durham, NC. The DOE funds will support enhanced research by Palmer Labs of its patent-pending algae technology addressing both energy and nutritional applications. "Our goal is highly focused," said Dr. Miles...

2010-01-14 18:30:00

AMES, Iowa, Jan. 14 /PRNewswire/ -- Catilin, Inc., a leading biofuels catalyst technology company, announced that it will embark a $5.3 million project over the next three years as part of the $44 million DOE Investment for Advanced Biofuels Research and Fueling Infrastructure award made to the Catilin's consortium, National Alliance for Advanced Biofuels and Bioproducts (NAABB). Catilin and its partner, Iowa State University - Center for Catalysis (ISU-CCAT), will provide key...

2010-01-12 02:00:00

LOS ANGELES, Jan. 12 /PRNewswire-FirstCall/ -- Cavitation Technologies, Inc. (CTI) (OTC Bulletin Board: CVAT; Berlin/ Stuttgart: WTC) is pleased to announce filing a Nonprovisional Utility Patent Application titled "Method for Processing an Algae to Produce Algal Oil and By-Products", CTI successfully completed development and testing of its Algae reactor. This technology is able to extract oil from Algae on a continuous basis for commercial applications, resulting in another renewable...

2009-12-07 05:00:00

DES PLAINES, Ill., Dec. 7 /PRNewswire-FirstCall/ -- UOP LLC, a Honeywell (NYSE: HON) company, announced today that its Ecofining process technology was used to convert second-generation, renewable feedstocks to green diesel fuel that will power vehicles at the United Nations Framework Convention on Climate Conference (UNFCCC) in Copenhagen, Denmark. UOP's process technology converted oil from algae provided by Solazyme, a renewable oil company, to green diesel, which will be utilized...

2009-12-04 17:28:00

SAN DIEGO., Dec. 4 /PRNewswire/ -- Sapphire Energy, the leader in algae-based fuel technology, today received another big boost for its groundbreaking energy work. Sapphire was awarded nearly $104.5 million as part of President Obama's American Recovery and Investment Act and the Biorefinery Assistance Program, authorized through the 2008 Farm Bill. The grant is from the U.S. Dept. of Energy for $50 million and the loan guarantee from the U.S. Dept. of Agriculture for $54.5 million....

2009-12-02 07:00:00

ASHKELON, Israel, December 2 /PRNewswire/ -- Seambiotic, a global leader in the development and production of marine microalgae for the nutraceuticals and biofuel industries using flue gas from electric power plants, has announced that it has signed a License Agreement and a Joint Venture Agreement with Yantai Hairong Electricity Technology Ltd. and Penglai Weiyuan Science & Trading Ltd., companies associated with China Guodian Corporation, to establish a Chinese joint venture for the...

2009-11-30 11:50:00

HOUSTON, Nov. 30 /PRNewswire/ -- Endicott Biofuels, LLC, a Houston-based, next-generation biodiesel producer, and TransAlgae, Ltd., an algal biotechnology company, have signed a Memorandum of Understanding for the development of algae as a potential transportation fuel and renewable chemical feedstock source. According to Endicott Chief Executive Officer David Robinson, TransAlgae's strategy is consistent with Endicott's goal to create economically sustainable new sources of energy...