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AIM’s 2013 Yearend Wrapup: Q-1

December 29, 2013
AlgaeIndustryMagazine.com

…in case you missed it:

Algae raceway pond at Cedar Lane Farms. – K.D. Chamberlain image, Ohio State University, OARDC

Algae raceway pond at Cedar Lane Farms. – K.D. Chamberlain image, Ohio State University, OARDC

In January…the DOE announced up to $10 million to support research projects aimed at boosting effective, energy-efficient, and low-cost algae harvest and processing technologies…the Australian Government approved a AU$12.15 million cash refund to Algae.Tec for Australian and overseas development…Solazyme’s joint venture with Bunge Global Innovation received approval for it’s $120 million loan from the Brazilian Development Bank to build a commercial-scale renewable oil production facility in Brazil…Prince Edward Island, Canada-based Solarvest Bioenergy Inc. completed negotiations to acquire a 30,000 sq. ft. facility in Summerville, P.E.I…Carlisle, Pennsylvania’s WeFeedUs constructed a commercial aquaponics facility integrating the production of produce, fish, algae and renewable energy…a Cornell University team quantified the role of uncertainty associated with process parameters in life cycle analysis of algae-to-biofuel, for determining metrics such as Energy Return on (Energy) Invested and global warming potential…West Virginia-based Touchstone Research Laboratory, showed new technologies at their raceway farm testing center in Wooster, Ohio, funded by close to $7 million in grants from the DOE and the Ohio Coal Development Office…the DOE also awarded a $1.3 million grant to a Cal Poly research team, the Algae Technology Group, for a project aimed at developing processes that turn waste resources into sustainable algal biofuels…Aurora Algae, appointed Bill Roeschlein to the position of CFO…Solazyme announced the closing of a private offering, raising $125 million…Neste Oil, the world’s fourth most sustainable company on The Global 100 list at the World Economic Forum in Davos, showed research that algae oil represents a suitable raw material for producing its NExBTL renewable diesel…

In the MSU research, caterpillar larvae that were fed oily leaves from plants engineered with algal genes gained more weight than worms that ate regular leaves.

In the MSU research, caterpillar larvae that were fed oily leaves from plants engineered with algal genes gained more weight than worms that ate regular leaves.

In February…the University of Aberdeen unveiled an international team researching microalgae from the world’s oceans and seas to make biofuels…Qualitas Health and Valicor Renewables (formerly SRS Energy) announced a strategic partnership to launch high-EPA Omega-3 oil from algae…the DOE and the Treasury teamed for $150 million in Advanced Energy Manufacturing Tax Credits for clean energy and energy efficiency manufacturing projects across the United States…a study from the University of Southampton found that ocean microalgae called coccolithophores are providing clues about the impact of climate change, and their response to environmental change varies among species…Dr. Hector Hernandez of the Masdar Institute wrote that of particular interest is the energy potential of algae that live in the desert’s saltflats – known as sabkha…Solazyme announced revenue results for 2012 of $44.1 million, compared with $39.0 million in the prior year…Australia’s State Development Minister Colin Barnett announced a $10 million government sponsored project for construction of a seawater pipeline to support the expansion of an algae industry at Karratha, in Western Australia…Cereplast announced a new subsidiary, Algaeplast, focusing on the development and manufacture of algae-based bioplastics…Michigan State University researchers successfully employed an algal gene involved in oil production to engineer a plant that stores lipids in its leaves…

BioProcess Algae: At “Ground Zero” for algae production, in Shenandoah, Iowa

BioProcess Algae: At “Ground Zero” for algae production, in Shenandoah, Iowa

In March…Sara Volz, a 17-year old high school senior from Colorado Springs, CO, won the top award of $100,000 from the Intel Foundation for her research of algae biofuels…the University of Alabama announced a $2.76 million National Science Foundation research project designed to discover and describe various types of green algae…EADS, the parent company of Airbus; Aerospace Malaysia Innovation Centre; and Malaysia-based Algaetech International announced the signing of a Research & Technology agreement on a “Waste to Fuel” project…a pilot project by an early-stage company, Hy-Tek Bio, in Baltimore, explored the potential of a common strain of algae from Chesapeake Bay…Absheron, the capital and largest city of Azerbaijan, launched development of a training center to prepare specialists on cultivating the algae spirulina, dunaliella and chlorella…Sapphire Energy entered into a commercial agreement for Tesoro Refining and Marketing Company to purchase crude oil from Sapphire Energy’s Green Crude Farm…the Sayre laboratory, in Los Alamos, New Mexico, demonstrated that by partially reducing chlorophyll b levels in Chlamydomonas reinhardtii, they could tune the light harvesting apparatus for increased photosynthetic efficiency…Algae.Tec signed a Memorandum of Understanding with WorleyParsons establishing the framework for future development of projects in the EU, USA, Australia and Brazil…animal nutrition specialists Alltech, said they were presenting algae as the future of agriculture at GLIMPSE 2020, the 29th Annual Alltech International Symposium…Cereplast filed a patent application for algae bio-content polymers…Biologists at the Ruhr-Universität Bochum identified a pathway whereby Chlamydomonas can produce hydrogen in the dark…BioProcess Algae began Phase Four of their commercial development, consisting of a 10-to-25 acre expansion costing between $10-15 million dollars…

To be continued…

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