Solazyme – Top Company in Bioenergy

Solazyme, Inc., a renewable oil and bioproducts company using algal biotechnology, is ranked number one among the 2009-10 “50 Hottest Companies in Bioenergy” rankings, published today in Biofuels Digest, the world’s most widely read biofuels daily. The award, which more than 1400 companies were eligible for, recognizes innovation and achievement in bioenergy.

“It’s an honor for Solazyme to be selected for this award in such an important industry publication,” said Jonathan Wolfson, CEO, Solazyme. “Our team works hard every day to address the world’s critical need for energy alternatives, and to be recognized for our achievements is fantastic.”

Solazyme achieved a number of milestones in 2009 in its quest to use microalgae biotechnology to produce clean and scalable fuels, “green” chemicals, nutritionals and wellness products. Notable achievements include:

Closing a $57 million Series C financing round:
Winning two U.S. Department of Defense Navy contracts for jet fuel and ship fuel which constitute the largest quantity of fuel derived from algae or any microbial fuel to date  Completing a “field-to-wheels” carbon dioxide analysis which concluded that Solazyme’s algal biofuel, Soladiesel reduces greenhouse gas emissions 85 to 93 percent when compared with petroleum-based diesel.

Being awarded a California Energy Commission PIER grant to develop fuel from cellulosic material. Announcing a formal commitment to commercialize algal renewable oil production technology for food and fuel at the 2009 Clinton Global Initiative.

Welcoming energy and government experts R. James Woolsey, TJ Glauthier and Donald Kennedy to Solazyme’s leadership team.

In 2009, Solazyme also took home the San Francisco Business Times’ Bay Area Green Business Award in Renewable Fuels, the TiE50 Top Cleantech Start-Up award, was named to the UK Guardian Global Cleantech 100 and was one of two companies presented with the “Green Leap” distinction at the Clinton Global Initiative.

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Algae Batteries

The algae-based paper sheet batteries hold up to 200% more charge than regular paper-based cellulose batteries, and they can recharge in as little as 11 seconds. Eventually, they could be used in any application that requires flexible electronics — for example, clothing or packaging that lights up. Perhaps most importantly, the algae batteries could one day cut down on e-waste from conventional metal batteries.


Bioenergy Australia 2009 Highlights

CSIRO’s leading bioenergy scientists will share their latest research on new ways to reduce greenhouse gas emissions at “Bioenergy Australia 2009” starting today on the Gold Coast.


Origin Oil to develop Algae to Jet fuel

Origin Oil  forms Alliance with Japanese firm  to develop Algae to Jet fuel:

OriginOil, Inc. (OOIL), the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, announced that the company has agreed to partner with Research Institute of Tsukuba Bio-Tech (RITB), recently approved for funding to develop algae to jet fuel applications by Japan Science & Technology Agency (JST).


Beckons demonstrate its Micro Algae Technology

Beckons Industries has been involved in the research and development activities of Algae growing for the last four years.

It  has made a milestone in the journey of its success by producing Algae in closed photo bioreactors made from locally available inexpensive material and got itself into one of the few companies of the world to enter into the most suitable technology which has been proved as one of the suitable feed stock for biodiesel and bio jetfuel.

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MMS and New Jersey hold Offshore Renewable Energy Task Force Meeting

Last week the Department of the Interior’s Minerals Management Service (MMS) held its first meeting with officials from New Jersey to discuss renewable energy development on the Outer Continental Shelf (OCS). The MMS is establishing inter-governmental task forces to consult with states concerning renewable energy leasing and development on the OCS.

Governor Corzine designated Ken Esser, his Chief Energy Policy Advisor, to work with the MMS to establish the New Jersey task force. The task force includes state government officials, officials from affected federal agencies, elected local government officials, and tribal leaders. MMS is working with the task force to facilitate the commercial leasing process for OCS renewable energy development offshore New Jersey.

“The MMS New Jersey task force will work to ensure that future renewable energy projects off the coast of New Jersey are efficiently and effectively reviewed to support the Administration’s goal of broadening the energy resource portfolio for the nation,” said MMS Deputy Director Walter Cruickshank. “MMS looks forward to working collaboratively with the task force as we begin planning for safe and environmentally responsible renewable energy development activities on the Outer Continental Shelf offshore New Jersey.”

“New Jersey’s Outer Continental Shelf is a prime resource for environmentally-friendly energy alternatives such as wind power,” said Governor Jon S. Corzine. “The development of these renewable and energy efficient options is paramount to building a responsible energy future for New Jersey and our nation. Through the efforts of the Obama Administration, we are now on the path to achieve an affordable, reliable energy supply that will serve our citizens for generations.”

During the first MMS New Jersey task force meeting, the task force charter was presented and discussed. MMS officials explained the commercial leasing process for OCS renewable energy and discussed options for starting the process off New Jersey. The task force participants discussed specific actions and timelines required by MMS and the state to support New Jersey’s goal of developing offshore renewable energy.

In April 2009, President Barack Obama announced that the MMS finalized the framework for renewable energy development on the OCS. This framework establishes the process for granting leases, easements, and rights-of-way for offshore renewable energy development activities, such as the siting and construction of wind generation facilities on the OCS. The framework also provides for MMS to use task forces in carrying out its responsibilities for authorizing OCS renewable energy activities in partnership with state, local, and tribal governments, and Federal agencies. MMS recently held task force meetings with Delaware, Rhode Island, and Massachusetts. A task force is also being formed for Virginia.

Algae – The Ultimate in Renewable Energy

Algae are among the fastest growing plants in the world, and about 50 percent of their weight is oil. That lipid oil can be used to make biodiesel for cars, trucks, and airplanes.

Most people know algae as “pond scum.” And until recently, most energy research and development projects used ponds to grow it.

“Algae is the ultimate in renewable energy,” Glen Kertz, president and CEO of Valcent Products, told CNN while conducting a tour of his algae greenhouse on the outskirts of El Paso.

But instead of ponds, Valcent uses a closed, vertical system, growing the algae in long rows of moving plastic bags. The patented system is called Vertigro, a joint venture with Canadian alternative energy company Global Green Solutions. The companies have invested about $5 million in the Texas facility.

“By going vertical, you can get a lot more surface area to expose cells to the sunlight. It keeps the algae hanging in the sunlight just long enough to pick up the solar energy they need to produce, to go through photosynthesis,” he said.

Kertz said he can produce about 100,000 gallons of algae oil a year per acre, compared to about 30 gallons per acre from corn; 50 gallons from soybeans.