algae

As we learned when we visited last fall, Solazyme is doing some interesting things in its South San Francisco lab. Now, our friends over at Translogic put together a video showing the algae-derived diesel being used in a Volkswagen Passat TDI – as well as getting burned by the US ...

Propel Fuels is acquiring $21 million in funding to add more than 200 fuel stations in new and existing markets over the next two years, offering more drivers E85 ethanol and biodiesel blends. The company currently sells fuel out of 31 existing retail stations in California and Washington, ...

Researchers at the University of Michigan have discovered a fast way to turn algae into biocrude oil, a clean substitute for conventional crude oil. Chemical engineering professor Phil Savage and doctoral student Julia Faeth were able to pressure cook microalgae in 1,100-degree-Fahrenheit sand ...

Solazyme, a renewable algae-based fuels company headquartered in San Francisco, CA, has announced the closing of its initial public offering (IPO). According to the renewable fuels firm, the company netted $227.18 million by letting 12,621,250 shares fly at a price of $18 per, above the previously ...

Solazyme, a renewable algae-based fuels company, has priced its initial public offering (IPO) of 10.975 million shares of common stock at $18 per share, above the earlier estimated range of $15 to $17. Of the 10.975 million shares of common stock in the IPO, Solazyme is offering 10,375,000 ...

Approximately 17 percent of oil imported into the U.S. to be burned in vehicles could be replaced by algal fuel by 2022, according to a study conducted by the Pacific Northwest National Laboratory (PNNL). That is, if the U.S. makes a commitment to reduce its dependency on foreign oil by focusing ...

We've featured San Francisco-based Solazyme several times over the past few years, most notably for creating jet fuel from algae. Back then, the company estimated its algae-based fuel would be competitive with $40- to $80-per-barrel oil prices, to say nothing about the current $100-a-barrel ...

BioJet International Ltd. has received a whopping $1.2 billion of financial backing from Equity Partners Fund SPC. The massive amount of capital will allow BioJet, an international supplier of renewable aviation fuels, to fund its biofuel development and launch projects aimed at expanding the use ...

With the promise of 100 times as much fuel per acre than traditional sources like corn and soy, algae biofuel was thought to be the answer to biofuels. Last year, the U.S. Department of Energy even gave out $24 million for research on this new technology, including $9 million to Cellana. Who ...

The U.S. Department of Energy's (DOE) Biomass Program will host a webinar entitled "The Promise and Challenge of Algae as a Renewable Source of Biofuels" later today (2-4:30 p.m. EDT). This online conference marks the beginning of the DOE's series of webinars that will focus on the development of ...