GreenFuel partners with German researchers on biofuel from algae

GreenFuel Technologies, a company at the forefront of algae-to-biofuel, has signed a strategic alliance agreement with IGV, a private industrial research institute in Potsdam, Germany.

IGV is a pioneer in micro-algae research and production, with more than 80 commercial biotech-related technology deployments worldwide.

Under the terms of the agreement, GreenFuel and IGV will share proprietary algae bioreactor technology in an effort to accelerate the commercialization of biofuel production from recycled carbon dioxide in power plant flue gas emissions. The two will also pursue commercial opportunities together in Europe.

Once in commercial production, GreenFuel's Emissions-to-Biofuels™ process will allow power plants to significantly reduce carbon dioxide emissions, generate carbon credits, and produce biofuels, the company says.

Algae are unicellular plants and, like all plants, they divide and grow using the process known as photosynthesis. GreenFuel estimates that its process can absorb a significant percentage of a power plant’s CO2 emissions during the day.

Unlike typical agricultural biofuel feedstocks, such as soybeans or corn which have a limited harvest window, algae multiply every hour and can be harvested every day. Algae can also be grown on poor quality land with non-potable water, so they don’t compete for land suitable for food crops.

GreenFuel is currently involved in a number of pilot projects in the USA, Australia, Europe, and South Africa (see other articles on GreenFuel's projects here.)

With more than a dozen pending patents, GreenFuel Technologies is a recognized leader in the development of algae bioreactor systems that recycle carbon dioxide into clean renewable biofuels.

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