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Virgin boss Richard Branson eyes Algae biofuel, biodiesel

You are at: Oilgae Blog.

Do you know that oil derived from algae is an exciting renewable fuel possibility? – see Oilgae for more.

Richard Branson eyes Algae biofuel

By Janie Stewart, The Marlborough Express, 17 January 2007

Excerpts:

1. Marlborough, New Zealand biofuel company Aquaflow Bionomic Corporation may be getting an investment from Sir Richard Branson, the Virgin Group boss

2. Branson met with New Zealand Climate Change Minister David Parker recently to discuss three methods of biofuel production in New Zealand, including Aquaflow’s revolutionary technology using wild algae from the Blenheim sewage ponds.

3. Aquaflow is in talks with was Virgin Fuels, the company set up by the Virgin group to invest in biofuels.

4. It is reported that Richard Branson had pledged to spend $NZ4.5 billion from his rail and airline business profits over the next 10 years on projects to reduce greenhouse gas emissions, including biofuels research.






5. Interest had come from six major organisations in the UK, America and Hong Kong and Aquaflow expected to have a pilot programme for algal biodiesel running in America and elsewhere in the next 12 months, he said.

6. The company plans to raise $5 million to take the company to the stage of being able to build a commercial plant for biodiesel production.

7. It is reported that some premium venture capital companies are showing growing interest in biodiesel and in algae-based biodiesel.

8. Aquaflow began operating in May 2006 after it cracked the engineering technology needed to harvest the wild algae from the sewage ponds and chemically extract the fatty lipids to be turned into fuel. It is believed to be the only company in the world to make biodiesel out of wild algae.

Full report here

Nature gave us oil from algae; perhaps we should try Nature’s way again

Oilgae – Oil & Biodiesel from Algae
Oilgae Blog
algOS – Biodiesel from Algae Open Source

About Oilgae – Oilgae – Oil & Biodiesel from Algae has a focus on biodiesel production from algae while also discussing alternative energy in general. Algae present an exciting possibility as a feedstock for biodiesel, and when you realise that oil was originally formed from algae – among other related plants – you think “Hey! Why not oil again from algae!”

The objective of Oilgae is to facilitate exploration of oil production from algae as well as exploration of other alternative energy avenues.

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