Solarvest Bioenergy Inc, receives Atlantic Innovation Fund Award
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Solarvest BioEnergy’s team has demonstrated expertise in the manipulation of algae and microorganisms for industrial applications including experience with growing algae and bacteria at large scale, and experience with scaling up new technologies from the laboratory to full commercialization. As such, the company is well-positioned to deploy its skills in the development of biologically-based renewable energy. Algae have several advantages that make it the logical choice upon which to establish a renewable energy program. Algal ponds for biomass do not require arable land and can produce more fuel per acre than crop based sources. The development of biodiesel from algal oils will complement the company’s progressive program for producing hydrogen from algae, another promising biofuel.
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