RWE Building Algae-to-Fuel Pilot Plant in South Carolina
September 10, 2012
enewed World Energies (RWE), an alternative energy development company based in Georgetown, S.C., has announced the planned launch later this month of their closed system, automated microalgae production facility in Forsite Development’s ReVenture “eco-industrial” park.
RWE said it will deploy its technology as part of the closed-loop waste integration system used by tenants of ReVenture Park, the former 667-acre Superfund site along the Catawba River.
With the financial backing of Aventura Equities, Inc., an Illinois-based investment firm that acquired a majority interest in Renewed World Energies in 2010, the firm plans to use its patent pending systems to cultivate different strains of algae for a variety of applications including fuel and health supplements. RWE expects the initial facility to be operational by Sept. 30th, 2012.