By Adam Shake •
September 18, 2008
Editor’s Note: This is a guest contribution from Adam Shake.
Bill Gates has his hands in the green again, but this time, it’s algae. His Investment Firm, Cascades Investments LLC, along with the Rockefeller family’s venture capital firm Venrock, the WellcomeTrust, and Arch Venture Partners have invested a total of 100 million dollars in Sapphire Energy.
Sapphire Energy, a San Diego based company that launched in May of 2007, says that it’s goal “is to be the world’s leading producer of renewable petrochemical products.” The companies website goes on to say “Critically important, there is no ‘food vs. fuel’ tradeoff. The process is not dependent on crops or valuable farmland. It is highly water efficient, delivering 10 to 100 times more energy per acre than cropland biofuels.”
According to the Wall Street Journal, “Sapphire is working towards a 10,000-barrel-a-day algae-based oil facility, and can now concentrate on production and engineering problems. Meanwhile, Gates’s involvement may signal a broader interest in alternative biofuels.”
By Adam Shake •
September 16, 2008
Editor’s note: This post is a guest contribution by Adam Shake.
Do you remember going to the local pond or lake as a kid and swimming around without a care in the world? Do you remember the feel of the algae between you’re toes? Well if New Zealand company Aquaflow Bionomic has anything to say about it, we may be using that same algae to fuel our vehicles.
The company, founded in 2005, says that it has produced the first samples of green crude oil at a commercially competitive price. This could be great news for a lot of Bio-Fuel “Flip-Floppers.” The question of utilizing land based crops producing Ethanol, or animal / vegetable oil based Bio-diesel, may be coming to a close with this new contender.
By Ariel Schwartz •
July 31, 2008
A new milestone was reached recently in the race to make fuel from algae a conventional oil alternative: high-octane gasoline that is compatible with any gas-guzzling vehicle. The feat was performed by Sapphire Energy, a company that manufactures “green crude”. Sapphire uses single-cell algae to produce a chemical mixture that contains extractable fuel for cars and other transport vehicles. While the green crude is chemically identical to crude oil, it is completely carbon neutral.
The algal energy doesn’t require the use of agricultural land and water, and it deliver 10 to 100 times more energy per acre than crop-based biofuels. The company hopes that their green crude will ultimately be injected into normal crude pipelines.
