Below the Surface’s “Driving Innovation” Team established the first official algae-fueled motorcycle speed records during The Texas Mile land speed event on March 24th, 2012. Team leader Kristian Gustavson reached 94.6 mph using a 50/50 blend of biodiesel derived from algae and cooking oil waste from the University of California at San Diego (UCSD). Fellow …
Sapphire Energy, Inc., one of the world leaders in algae-based green crude oil production, today announced it has secured the final tranche of a $144 million Series C investment funding. The Series C backers include Arrowpoint Partners, Monsanto, and other undisclosed investors. All major Series B investors have participated. With this investment round, Sapphire Energy’s total …
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Now accepting abstracts for speaking opportunities and poster presentations DENVER–March 21, 2012 – The Algae Biomass Organization (ABO), the trade association for the U.S. algae industry, today announced that the 6th annual Algae Biomass Summit will be held September 24 – 27, 2012 at the Sheraton Denver Downtown Hotel in Denver, Colorado. The ABO is currently seeking proposals for speakers, …
Ohio Gov. John Kasich has signed HB 276 into law. The legislation amends state law to include algaculture, meaning the farming of algae, in the law governing agriculture, including those addressing county and township zoning, and current agriculture use valuation. Specifically, the legislation revises the definitions of “agriculture,” “agricultural purposes,” “agricultural production,” and “land devoted …
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WASHINGTON, D.C. – March 1, 2012 – A new survey of the algae industry conducted by theAlgae Biomass Organization (ABO) shows algae companies are increasing production in 2012, they expect to be price-competitive with petroleum fuels by 2020, and that stable and effective Federal policy would accelerate production and job creation. The survey of more than 380 …