Shape-Shifting Glass Tubes Give Algae Biofuel A Second Life
The algae company Heliae has been focusing on high-value products, but its ramped-up production process could mean a bright future for algae biofuel.
The algae company Heliae has been focusing on high-value products, but its ramped-up production process could mean a bright future for algae biofuel.
A new $25 million Energy Department funding blitz aims at bringing the cost of algae biofuel down to a $3.00 per gallon gasoline equivalent by 2030.
Don’t be surprised if you wake up one day to find that the petroleum economy has been nudged aside by a startling diversity of alternative fuels topped by algae oil. The geopolitical implications alone are staggering given that various forms of algae can be cultivated practically anywhere in the world, … [continued]
Raising $28.4 in new capital from a group of existing and new investors, Arizona’s Heliae is ready to prove it can manufacture algae-based products for a range of target markets at commercial scale.