Algae to gasoline gets investment from Bill Gates
Bob Morris @ Sep 17th 2008 20:38 - Category: Renewable energy Tags: biofuel
Sapphire Energy just got $100 million in funding from venture capital firms, including one owned by Bill Gates.
They, and other firms, are working at what could be the holy grail of renewable fuel - cost-competitive gasoline created from algae. They’ve already successfully made 91-octane fuel from algae. Now they want to scale the process to 100,000 barrels a day, then to mass production.
Whoever can pull this off - and someone will - well, it’ll make Bill Gates’ fortune look small as well as creating genuinely renewable fuel on a commercial basis. Wow.
From the Sapphire Energy website
The world’s first renewable gasoline, from sunlight and CO2
Sapphire Energy has built a revolutionary platform that uses photosynthetic microorganisms to produce a renewable, high-value replacement for fossil fuel petroleum. This domestic crude oil requires only sunlight, CO2 and non-potable water – and can be produced at massive scale on non-arable land.
Not ethanol, not biodiesel. Renewable gasoline.
No Comments »
Leave a Reply
Comments subject to deletion at whim of capricious webmaster. Disagreements are ok. Flames, trolls, and right-wing attacks are not. If your comment doesn't appear immediately, then moderation is on, thus there's no need to re-send it.
(However sometimes the anti-spam programs here go awry. Email us if your comments seem to vanish into the void.)
