[ad#The Buzz Sponsor Ad]

Aurora Algae Secures $2 Million LEED Grant

September 27, 2012
AlgaeIndustryMagazine.com

Aurora Algae has announced the successful completion of requirements for a two million dollar (AUD) Low Emissions Energy Development (LEED) grant, which has been used to advance the Company’s algae-based biomass production at its demonstration facility in Karratha, Western Australia.

Full payment of the Australian State Government-sponsored grant has enabled Aurora Algae to develop a pilot production facility that is producing between 12-15 tons of algal biomass per month, within six 4,000 square meter (one acre) ponds. According to Aurora, the grant has helped allow the Company to develop cost-effective and resource-efficient methods for growing, harvesting, extracting and producing high-quality, algae-derived products.

With the project now complete, biomass produced by Aurora Algae can be used to develop products across a number of markets including nutraceuticals, pharmaceuticals, aquaculture and renewable energy.

Because Aurora’s algae is grown in seawater and thrives in hot, dry, climates, the Company is able to leverage arid land in Western Australia that is typically unsuitable for other forms of agriculture. As a result, the water requirement for growing and producing algae in Karratha is less than one percent of that used to grow similar products from soybeans. The next phase of the program will be to expand Aurora Algae’s facilities and produce biomass on a commercial scale.

“Aurora Algae plans to break ground in Maitland in 2014 for an expanded commercial facility consisting of 100 hectares of algae ponds, capable of producing up to 600 tons of biomass per month, and scalable to 2,000 hectares,” said Matthew Caspari, managing director at Aurora Algae. “LEED funding for the pilot program has been critical to the success of the project and our ability to expand in Western Australia.”

More Buzz…

HOME Algae Industry Jobs

Copyright ©2010-2012 AlgaeIndustryMagazine.com. All rights reserved. Permission granted 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.

From The A.I.M. Archives

— Refresh Page for More Choices
Northwestern University researchers have developed a quantitative tool that might help bring back coral from the brink of extinction. The novel algorithm could help asses...
Bioenergy-news.com reports that Volkswagen showcased its algae biogas-powered vehicle at a biogas project based in El Torno Chiclana, a town in south-west Spain. The test...
CBS Miami reports that protesters are demanding answers and action over the toxic mess in Florida — a poisonous algae bloom plaguing four counties now under a state of em...
San Francisco biotech startup New Wave Foods aims to address the impact of overfishing, bycatch, water pollution, slave labor, an animal death toll in the trillions, and ...
Tafline Laylin writes for Inhabitat.com about the elegant solution that Romanian designer Alexandru Predonu has conceived that uses solar energy to power a rotating desal...
Haley Gray reports for 5280.com that Upslope Brewing Company, in Boulder, Colorado, is one step closer to its goal of becoming a zero-waste brewery. The craft beer maker ...
If you’re a fan of the television show “Shark Tank”, you won't want to miss the episode that airs this Friday, November 18th 9:00-10:00 p.m. EST on ABC Television, when C...
Algae Health Sciences, Inc., a subsidiary of BGG, has announced that it has submitted a New Dietary Ingredient (NDI) to the US FDA for its flagship product AstaZine® Natu...
Discovering which algae species is best suited to make biofuel is no small task. Researchers have tried to evaluate algae in test tubes, but often find lab results don’t ...
Essen, Germany-based Evonik, and Royal DSM, headquartered in Kaiseraugst, Switzerland, have announced their intention to establish a joint venture for omega-3 fatty acid ...
ExxonMobil and Synthetic Genomics Inc. have announced that, in joint research into advanced biofuels, they have modified an algal strain to more than double its oil conte...
Washington State University researchers have developed a biofilm reactor to grow algae more efficiently, and make the algae more viable for several industries, including ...