Sapphire Energy says algae commercialization accelerating; expects to double commercial outut in 2011 to 1 million gallons of jet fuel and green diesel
In California, Sapphire Energy said the pace of algae commercialization is increasing and that it will reach commercial scale by 2011, and producing 1 Mgy of diesel and jet fuel from algae that year, double its previous estimate.
Sapphire said that it expects to reach 100 Mgy in production by 2018 and 1 billion gallons per year by 2025, supplying 3 percent of the 36 billion gallon Renewable Fuel Standard. Sapphire will produce the green “drop-in fuel” from algae, non-potable water and on non-arable land, and its fuels will require no change in the existing petroleum infrastructure.
The company is currently construction its first production plant in New Mexico.
Sapphire Energy was named #2 on the Biofuels Digest “Hottest 50 Companies in Bioenergy” last December.
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