Here is a great article by Todd Woody, Environmental Editor at Forbes. Woody had the incredible fortune to be on board a biofueled Navy C-2A Greyhound that landed in Oahu this July, and visit Sapphire Energy’s Green Crude Farm in New Mexico late last month. “Algae is one of the great green hopes for creating […]
Opportunities in algae
Perhaps the most fascinating new technology in late development today in Iowa is the BioProcess Algae project, co-located at the Green Plains Renewable Energy plant in Shenandoah, in the far southwest corner of the state. The company is now in the process of upgrading to a 5-acre demonstration of its modular technology – which is […]
Seattle’s Beer Belly Summer of Algae
Yesterday, in a partly sunny Seattle, Matrix Genetics announced it would be spinning off from Targeted Growth to focus on the production of renewable fuels and specialty chemicals from cyanobacteria (blue-green algae). An investment from Avista Development will allow the company to expand laboratories and hire new staff as it sets out on its own. […]
Avista Backs Matrix in Spinoff to Create Algae-Based Fuel Maker
Avista Corp. (AVA), a U.S. energy holding company, provided backing to help Matrix Genetics LLC complete its spinoff from the biotechnology company Targeted Growth Inc. Targeted Growth, which also created the biofuel companies AltAir Fuels LLC and Sustainable Oils Inc., is refocusing on its core agricultural business, and “the spinout of Matrix is part of […]
Avista investment to help Matrix strike oil in algae
Seattle-based Matrix Genetics is spinning out of Targeted Growth and launching its business of developing biofuels made from algae. By: Karl Baker Seattle Times business reporter Roger Woodworth is confident in his company’s investment in Seattle biotech firm Matrix Genetics. Woodworth, chief strategy officer at Spokane-based Avista, said the venture-capital arm of his energy company […]