A California company working on algae biofuel has announced a distribution partnership with one of its process partners. World Water Works will distribute OriginOil’s dewatering and extraction systems to its global customer base. The agreement covers product integration, manufacturing and joint marketing.
Algae is one of the most exciting types of renewable fuels being researched, although there’s a long way to go before it becomes commercially available on a large scale – the aviation industry may be benefiting from algae before car drivers do.
But there are companies out there looking into ways to turn algae biofuel into a reality.
The Mexican government is funding an initiative to demonstrate industrial algae production to find out how viable it is for use in large-scale jet fuels production.
“Manhattan Project”, as the initiative has been dubbed, has recruited OriginOil, a California-based company that works to make algae competitive with petroleum.
If you haven’t heard of OriginOil by now, you probably haven’t been paying too much attention to the algae biofuel industry. That, in itself, is a mistake given that the algae industry has been growing by leaps and bounds over the past couple years.
OriginOil is one company in the algae
Hydrogen is often hailed as the ultimate alternative fuel but many problems from high production costs to inefficient storage methods need to be resolved first. However, even if all the problems involving the development of a hydrogen economy were fixed today, it would still be several decades before a hydrogen infrastructure would be in place that compared to our
By Jonathan Williams
During this past summer, the world has seen multiple advances in the alternative energy field, particularly with algae biofuels. A week hasn’t gone by where I didn’t receive several press releases in my inbox highlighting the latest advances by one of the many algae companies out there.
However, while press releases look and sound good, nothing highlights the advances of a company, if not the entire field, than the announcement of a multi-million dollar partnership with a larger, well-known, and respected entity.
During this summer we saw just that, with multiple algae companies announcing their partnerships with larger corporations or entities.
To give you a brief overview on these partnerships, first came Algenol with their partnership with Dow Chemical researching algae as an ethanol fuel source. Next came Seambiotic with their announcement that they will be partnering with NASA to develop a jet fuel from algae. Most recently, and probably most importantly, was Exxon Mobil’s $600 million partnership with Synthetic Genomics to conduct extensive research on algae biofuels.