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 BioCentric delivers an inclusive, and comprehensive Plan of Action for the initial ten acre Algae Pro Photobioreactor in Inner Mongolia. BioCentric shall also have a small ownership stake in the facility.

In addition, the company said that it issued an RFP to Comfort Systems to build a 10 acre “algae pro” photobioreactor in Death Valley Junction.

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