BioCentric Energy to locate first full-size algae bioreactor in San Juan Capistrano, California

In California, BioCentric Energy announced that it will locate its first full size, closed loop Algae Pro Photobioreactor in San Juan Capistrano. The owners of this property have signed a term sheet agreement to provide additional funding of 1.2 million dollars to 5 million dollars for expansion of BioCentric Energy Algae.

BioCentric Energy reports that its Death Valley Junction project is on hold pending financing, while its Lake Elsinore Project is cancelled until Pacific Clay turns their furnaces on again. Pacific Clay was the source of CO2 and heat for the project.

Free Subscription to the Daily Biofuels Digest e-newsletter

Related Stories

BioCentric, Zenxin sign partnership to develop algae biodiesel in China

In California, BioCentric Energy announced a partnership with China's Zenxin to establish algae biodiesel production in China. The partners formed BioCentric Energy Algae Hong Kong and will embark on ...

BioCentric Energy inks partnership with Gruppo Oil for Inner Mongolia algae, issues RFP for Death Valley project

In California, BioCentric Energy announced a Master Services and Teaming Agreement with Gruppo Oil and Energy. BioCentric has received an earnest money deposit that will be held in escrow until BioCen...

BioCentric Energy CEO to head up west coast chapter of National Algae Association

In California, BioCentric Energy CEO Dennis Fisher will head up the new West Coast division of the National Algae Association, after releasing details of the BioCentric Algae Pro Photobioreactor at a ...

California’s BioCentric says its closed loop algae system nearly 4X less expensive per sq meter than competition

In California, BioCentric Energy Holdings said that it had developed an "end-to-end" closed-loop algae-to-energy solution with costs of $20 per square meter, compared to a $77-$200 per square meter co...

BioCentric Energy, Renewed World Energies to merge; Zenergy acquires Greenlight Biofuels

In California and Texas, two merger and acquisitions were announced of note. In California, BioCentric Energy Holdings and Renewed World Energies, an established closed loop photobioreactor manufac...

GreenShift receives $375,000 from Montana for algae photobioreactor demonstration

In Montana, the state Board of Research awarded $375,000 to GreenShift, to accelerate development of the company's patented algae bioreactor designs. The grant is designed to demonstrate that algae pr...