Click here for more information about Algenuity
Click here for more information about LiqofluxPhenometrics Buy 3 Get 1 Free
Visit cricatalyst.com!Evodos Separation Technology

Scale Up

Algaennovation signs deal with Iceland geothermal plant

August 21, 2018
AlgaeIndustryMagazine.com

Experimental production of Algaennovation at Hellisheidi, Iceland. Source: ON Power

Alexander Richter writes in thinkgeoenergy.com that Israel-based Algaennovation last week signed a 15-year contract with Icelandic energy utility and operator ON Power for the purchase of energy and other inputs for small-scale algae production, which the companies say will be the first of its kind in the world.

Icelandic engineering group Mannvit has been preparing for the start of production of Algaennovation since February, and has been responsible for all design, procurement and project management for microalgae production at the Geothermal Park of ON Power, at the Hellisheidi geothermal power plant.

Algaennovation is an international startup that has been developing new technologies for the production of microorganisms. The company is run by Israeli scientist Isaac Berzin, whose early research focused on microalgae’s enormous potential as a biofuel but, in more recent enterprises, has turned more of his attention toward the opportunities of algal-based fish food.

The newly-signed project incorporates further utilization of the energy generated by ON Power at Hellisheidi, whereby Algaennovation buys hot and cold water, electricity and carbon dioxide for production. Collaboration with ON enables Algaennovation to have negative footprints and use less than 1% of freshwater and terrestrial areas used by conventional small-scale algae companies for production.

The first phase of the project will be completed this year, leading to the start of production of seafood feed in the middle of next year.

Read More

More Like This…

Copyright ©2010-2019 AlgaeIndustryMagazine.com. All rights reserved. Permission required to reprint this article in its entirety. Must include copyright statement and live hyperlinks. Contact editorial@algaeindustrymagazine.com. A.I.M. accepts unsolicited manuscripts for consideration, and takes no responsibility for the validity of claims made in submitted editorial.

twittertopbarlinks_eventstopbarlinks_requesttopbarlinks_archives

From The A.I.M. Archives

— Refresh Page for More Choices
Trade Arabia reports that the Oman Centre for Marine Biotechnology (OCMB) recently signed a memorandum of understanding with Swedish Algae Factory to support the domestic...
Cécile Barbière writes for Euractive.fr (translated by Rob Kirby) that, in large greenhouses formerly home to the tomatoes and cucumbers of the market gardening Groupe Ol...
AlgaEnergy, a Spanish biotechnology company specializing in the production and commercial applications of microalgae, and Yokogawa Electric Corporation, a leading provide...
Milenio.com reports that BiomiTech, a Mexican company, won a prestigious innovation award for its air purification system at the Contamination Expo Series 2018 held in Bi...
JapanNews.com reports that Euglena Co., a Tokyo-based maker of nutritional supplements, is spending ¥5.8 billion ($5.3 million USD) on building a test refinery that conve...
Jessica D'Lima writes in AdvancedScienceNews.com that medicine is moving towards minimally invasive procedures, which have important patient-oriented benefits such as sho...
At the Technical University of Denmark (DTU), Science Nordic.com reports, researchers are investigating bioluminescent algae, to determine whether bioluminescent organism...
Steve Fountain writes in fortstocktonpioneer.com that, amid the 800-page law that last month set the country’s farm policy through 2023, is the expansion of federal suppo...
Cyanotech Corporation, a Kailua Kona, Hawaii-based leader in high-value nutrition and health products made from algae, has announced financial results for the first quart...
Globally, an increase in water pollution is pushing scientists and environmental care specialists to seek best ways of preserving and maintaining sources of safe drinking...
Hayley Dunning writes from the Imperial College of London that a new discovery has changed our understanding of the basic mechanism of photosynthesis and should rewrite t...
Foodbev.com reports that French marine ingredients company Algaia will install a new specialty seaweed extract unit at its facility in Brittany, France, after securing €4...