Hawaii Bioenergy, Sapphire Energy, New Mexico State University, California Polytechnic State University, FDC Enterprises land tidy DOE support for algal biofuels, feedstock logistics projects.
August 01, 2013 During remarks at the Energy Department's Biomass 2013 annual conference, Secretary Moniz today highlighted the important role biofuels play in the administration's Climate Action Plan to increase our energy security and reduce greenhouse gas emissions from the transportation sector. Secretary Moniz also announced over $22 million in new investments to help develop cost-competitive algae fuels and streamline the biomass feedstock supply chain for advanced biofuels.
SAN DIEGO, August 1, 2013 – Energy Secretary Ernest Moniz today announced nearly $16.5 million to four projects in California, Hawaii and New Mexico aimed at breaking down technical barriers and accelerating the development of sustainable, affordable algae biofuels. The projects will help boost the productivity of sustainable algae, while cutting capital and operating costs of commercial-scale production.
Sapphire Energy, Inc. has paid off the entire loan guarantee awarded to the company by the U.S. Department of Agriculture. In Dec. 2009, the company was awarded a $54.5 million loan guarantee through the Biorefinery Assistance Program, administered by the USDA Rural Development-Cooperative Service, to build a fully integrated, algae-to-crude oil commercial demonstration facility in Columbus, N. M. In partnership with the USDA and the U.S. Department of Energy, Sapphire Energy developed and implemented its facility, known as the Green Crude Farm, on time and on budget. Today, the Farm is operational and producing renewable crude oil on a continuous basis.
In California, Sapphire Energy announced it has paid off the loan guarantee awarded to the company by the U.S. Department of Agriculture. In Dec. 2009, the company was awarded a $54.5 million loan guarantee through the Biorefinery Assistance Program, administered by the USDA Rural Development-Cooperative Service, to build a fully integrated, algae-to-crude oil commercial demonstration facility in Columbus, New Mexico.
BP, KiOR, Terrabon, DuPont, Beta Renewables, Sapphire Energy, Gevo and more — project starts, stops, births, deaths, predictions, and policy — the readers judge the most important stories of the year.
Who’s in the lead? Who’s getting traction? Who’s near the summit? Who’s got the oxygen?
We look at algae, algae, and more algae to see who’s getting where, when.
San Diego and Munich—Sapphire Energy, Inc., one of the world leaders in algae-based Green Crude oil production, and the technology company The Linde Group announced July 16 they will expand their partnership to commercialize a new industrial scale conversion technology needed to upgrade algae biomass into crude oil.
Sapphire Energy, which is creating a new form of biofuel from algae at a plant in New Mexico, has expanded its agreement with The Linde Group to commercialize the companies’ technology.
Sapphire Energy, Inc. and The Linde Group will expand their partnership to commercialize a new industrial-scale conversion technology needed to upgrade algae biomass into crude oil. Together, the companies will refine the hydrothermal treatment process developed and operated today by Sapphire Energy at pilot-scale.