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November 16, 2009 | Jim Lane | Comments 0

50 Hottest Companies in Bioenergy: Special Voter’s Report on Algae – company updates

PetroAlgae is making fuel and proteins out of lemna (duckweed) in Fellsmere, and is nearing completion of a vertically integrated, scaleable, licensable 5-6,000 gallon per acre microcrop production system. A first master licensee has been announced for China, Taiwan and part of Japan.
The complete Digest archive on PetroAlgae

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.
The complete Digest archive on Sapphire Energy

Solazyme is selling fuel to the US Navy and the US Air Force – nearly 50,000 gallons in total at a reported cost of $32 per gallon.  Life Cycle Associates found that Soladiesel’s full lifecycle greenhouse gas (GHG) emissions are 85 to 93 percent lower than standard petroleum based ultra-low sulfur diesel (ULSD).
The complete Digest archive on Solazyme

Synthetic Genomics signed a $600 million R&D deal with ExxonMobil. Half the proceeds will go to SG based on a staged-gate release of funds for meeting undisclosed milestones.
The complete Digest archive on PetroAlgae

BP has signed an R&D partnership with Martek, the leading developer of algae for nutraceutical markets.
The complete Digest archive on BP

Algenol has signed a $70 million partnership with Dow Chemical for its algae-to-ethanol process, and will establish a project site in Texas at a Dow location.
The complete Digest archive on Algenol

Solix has opened a pilot-scale plant in Durango, Colorado, partly financed by the Southern Ute Indian Tribe.
The complete Digest archive on Solix

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