European corporate finance firm SynCap initiates biotechnology project
European corporate finance firm SynCap has initiated a renewable energy and biotechnology project aiming at the production of biodiesel from microalgae.
View ArticleAlgal Biomass Organisation disparages report claiming algae has higher...
The US trade association for the algae industry, the Algal Biomass Organisation (ABO) has challenged the conclusions of a report published in Environmental Science and Technology that claims...
View ArticleBodega Algae and Bigelow Laboratory receive $150,000 US grant to develop...
Massachusetts, US-based renewable energy company Bodega Algae and Maine-centred Bigelow Laboratory for Ocean Sciences have received a $150,000 six-month Small Business Innovation Research (SBIR) grant...
View ArticleBioenergy industry urges US to provide tax parity to algae-based biofuels
Industry group the Algal Biomass Organization (ABO) has urged Congress and Senate Finance Committee Chairman Max Baucus and Ranking Member Charles Grassley to adopt an amendment to ensure algae-based...
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US energy department to invest up to $24m to further algae-based biofuels...
The US Department of Energy (DOE) will invest up to $24m into three research groups to tackle key challenges in the commercialisation of algae-based biofuels.
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OriginOil to help build advanced algae centre in New Mexico
OriginOil, a technology developer that transforms algae into oil, has been selected to help build an advanced algae centre devoted to the commercialisation of the technology in New Mexico.
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Algal biofuel company Aquatic Energy appoints new directors
Algal biofuel company Aquatic Energy has appointed two senior energy executives, C Maury Devine and Robert Zulandi, to its board of directors.
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Algae biofuels edge closer to commercialisation
With liquid fuel accounting for approximately two-thirds of global energy demand and question marks surrounding the short-term viability of many electric vehicles, biofuels look set to provide...
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Venture firms give €5.3m backing to microalgae business Fermentalg
French cleantech start-up Fermentalg has raised €5.3m in venture capital funding to allow the company to advance its microalgae technology, NewNet has learned.
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DHV awarded three Dutch government grants for water projects
The Dutch government has awarded local engineering consultancy DHV grants for three water treatment projects in South Africa, Poland and Vietnam, under the Netherlands’ Partners for Water programme.
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OriginOil to launch pilot algae project in Mexico
Algal fuel developer OriginOil is to take part in a pilot-scale project funded by the Mexican government to demonstrate industrial algae production.
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Solarvest BioEnergy makes $75,000 in share placement
Hydrogen technology developer SolarVest BioEnergy has raised $75,000 in a non-brokered private share placement, with investors buying 300,000 shares at $0.25 per share.
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World Water Works enters into algae deal with OriginOil
Origin Oil, a US-based technology developer that aims to market algae as a viable competitor to petroleum, has signed a deal with World Water Works to distribute its dewatering and extraction systems...
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Origin Oil wins algae order from MBD Energy
Algae technology developer Origin Oil has received a firm order for its extraction technology from carbon dioxide waste management company MBD Energy.
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Dutch university aims to bring down algae fuel development timeline
A stark warning has come from a leading research university that commercial development of algae-derived bioenergy may still be 15 years away. To combat this lengthy development chain, researchers at...
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OriginOil to up-list shares to trade on a senior US securities exchange
Algae-based biotechnology developer OriginOil has announced its intention to up-list its shares to a senior US securities exchange.
View ArticleOriginOil to move to main exchange to attract institutional investment
Algae technology developer OriginOil told NewNet the next step in the company’s global expansion requires investment from institutional investors, and this has become the key driver in its move to a...
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OriginOil collaborates with US DOE to create algae feedstock standard
OriginOil has announced it will begin to work with the US Department of Energy to develop standards for converting biomass, including algae, into biofuels and other products.
View ArticleAustralian biodiesel business targets $100m in private placement
An Australian biodiesel company is looking to raise $100m before carrying out an initial public offering.
View ArticleAlgae innovator on $20m fundraising drive
An algae-to-oil innovator told NewNet that it will look to close $20m in equity funding over the coming days to finance its activities in China
View ArticleOriginOil partners with Aquaviridis for algae production roll-out
US biotech company OriginOil has signed a strategic agreement with Aquaviridis to implement an algae production roll-out at a facility in Mexicali, north-west Mexico, owned by Aquaviridis.
View ArticleAussie algae innovator releases ADRs to attract US investors
An Australian algae fuels innovator has released American depository receipts (ADRs) to be traded over-the-counter (OTC) as it seeks visibility to US investors.
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Algae efforts get funding boost in North America
The US government has announced the launch of an additional funding pool aimed at breaking the country’s dependence on imported gasoline, with a particular focus on energy derived from algae.
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Steve Glovsky joins OriginOil’s board of directors
US-based OriginOil, which specialises in the conversion of algae to renewable crude oil, has appointed Steve Glovsky to its board of directors.
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Algae biofuels may be held back by ‘serious limitations’
Producing fuel from algae is not efficient and will only be useful in applications where liquid fuel is a necessity, according to one expert.
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OriginOil, Algasol partner to grow algae
US algae-to-biofuel company OriginOil has partnered with Algasol Renewables to develop an integrated algae growth and harvesting system.
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OriginOil appoints Anthony Fidaleo as adviser
US algae-to-biofuel developer OriginOil has appointed Anthony Fidaleo as an independent director to its board.
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OriginOil ships new algae technology to French company Ennesys
Algae developer OriginOil has shipped the first production model of its Algae Appliance harvester to French company Ennesys.
View ArticleGerman algae company Subitec secures €4.5m venture investment
Germany-based Subitec, a manufacturer of algae photobioreactors, has closed a €4.5m second round of financing. German venture capital firms eCAPITAL entrepreneurial Partners, Fraunhofer Venture,...
View ArticleOriginOil receives 2 unit orders from US Department of Energy
Cleantech company OriginOil has received a purchasing order for two units from the US Department of Energy’s Idaho National labs (INK) through its research agreement.
View ArticleSoCalGas, Scripps partner for algae ‘CO2 eating’ project
US-based Southern California Gas and the Scripps Institution of Oceanography, have partnered to investigate the possibility of using algae to consume carbon dioxide emissions from natural gas combustion
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Algae.Tec opens Australia’s first algae-to-biofuel plant
Australian bioenergy company Algae.Tec has completed the installation of its home country’s first algae to biofuel facility in New South Wales.
View ArticleI2BF increases investment in algae cultivator Solix
I2BF Global Ventures has upped its investment in industrial algae cultivator Solix Biosystems by leading a $31m financing round.
View ArticleOriginOil technology to be used in Japanese biofuel project
Japan’s Research Institute of Tsukuba Bio-tech, partner of US cleantech company OriginOil, has received government funding for an algae biofuel programme.
View ArticleAlgae harvester Kuehnle AgroSystems gets cash injection
Hawaii, US-based algae developer Kuehnle AgroSystems has secured a $289,455 equity injection, reaching its target for the round.
View ArticleSapphire partners with ISB for algae biofuel advancement
US alternative fuel developer Sapphire Energy has formed a strategic partnership with the Institute for Systems Biology, to advance research and development into algae biofuels.
View ArticleSolazyme and PropelFuels join for algae fuel deployment
Renewable fuels and clean mobility solutions retailer PropelFuels and Solazyme have joined forces to deliver algae-derived fuel to retail pumps.
View ArticleAlgae.Tec wins $13m tax incentive from Australian Gov
Australia’s Algae.Tec has received government approval for an A$12.15m cash refund on Australian and overseas development expenditure.
View ArticleAlgae.Tec signs MOU with WorleyParsons for global project development
Algae.Tec, an Australian renewable oil-from-algae company, has signed a memorandum of understanding that will see WorleyParsons support the company in the development of its projects in the EU, US,...
View ArticleSapphire Energy secures Tesoro as first buyer for its algae-produced crude oil
Sapphire Energy, the Bill Gates-backed producer of crude oil from Algae, has secured Tesoro Corp as its first customer.
View ArticleAlgae technology company Heliae raises $28.4m from Mars family, Salim
Algae technology company Heliae, which produces agroscience and health products from algae, has raised $28.4m in a funding round.
View ArticleOver $1m of seed capital still available under MCubed programme
Over $1m in funding for experimental research projects is still available under the MCubed seed grant programme run by the University of Michigan.
View ArticleDeal round up: US votes with wallet on biotech
US government and industry has backed a number of biomass projects this past week as it aims to accelerate the development of next generation biofuels and biotechnology.
View ArticleIndustrial biotechnology company Fermentalg raises €12m in third round
France-based industrial biotechnology company Fermentalg specialising in the bio-production of chemical compounds from microalgae has raised €12m over its third round of funding.
View ArticleAlgaeon raises $50,000 as it opens funding round
Indianapolis-based Algaeon, founded in 2011, has raised $50,000 in funding from an undisclosed investor.
View ArticleAlgaeventure Systems raises $2m for renewable fuels
Algaeventure Systems has raised $2m from a group of 21 investors in a round that was initially intended to bring in $4m of financing, but has since been cancelled.
View ArticleAlgae International Group names Edward Bollen CEO, signals new market direction
US biofuel company Algae International Group has heralded a strategic shift in its clean energy strategy along with a change of leadership with the appointment of Edward Bollen as chairman and CEO.
View ArticleEnnesys raises €300,000 for $6m valuation
Environmental energy systems developer Ennesys has raised €300,000 in fresh funding, bringing the company's valuation to $6m.
View ArticleAlgae Aqua-Culture Technology aims to raise $950,000
Montana, US-based bioenergy firm Algae Aqua-Culture Technology has raised just over $862,000.
View ArticleAlgae.Tec receives $2.4m purchase order from RIIHL
Australian renewable algae firm Algae.Tec has received a purchase order worth $2.4m from an affiliate of Reliance Industrial Investments and Holdings Limited.
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