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Blogs under tag Greensteam

Droug Frater Shelves Green Algae. But is optimistic of algafuel ! Posted by Luis on Fri August 13 2010 12:43:21 AM 2

Doug Frater, President and CEO of Global Green Solutions Inc. says that "Greensteam " literally moves full steam ahead, Global Green Solutions has been less successful with another clean-tech project it had in the pipeline:

Green Algae.

According to Frater, this project, involving an algae photobioreactor growing system that produces algae biomass from which oil can be extracted as a biofuels feedstock, was shelved "following the global financial market crisis resulting in a significant reduction in investor-based funding opportunities". Consequently, his company took the decision to focus solely on Greensteam.

Nevertheless, Frater remains optimistic about the future of algae-based biofuels. "Algae-based technologies are probably the main candidates for producing biofuels feedstock for jet fuel applications due to the high yield, quality control and sustainability parameters they offer," he says.