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$70.5 million awarded to Arizona Public Service to upgrade, expand algae biofuels project as Obama expands the war on carbon

In Arizona, the U.S. Department of Energy announced that Arizona Public Service has been awarded $70.5 million from the American Recovery and Reinvestment Act (ARRA) to expand its ongoing algae-based carbon mitigation project.
The project will now be tested with a coal-based gasification system that aims to minimize production of carbon dioxide when gasifying coal.
The host [...]

One billion gallons by 2014: algal fuel price, capacity projections

Biofuels Digest is projecting that algal biofuels capacity will reach 1 billion gallons by 2014, based on analysis of price and capacity projections for 2009-14 from leading companies in the field.
Algae producers are targeting to reach a $1.30 wholesale cost and 1.62 billion gallons in capacity by 2014.
Costs are based on the lowest cost provider [...]

PetroSun signs algae biodiesel trial with town of Gilbert, AZ

In Arizona, algae biofuels pioneer PetroSun announced that it had signed with the town of Gilbert to commence an algae-to-biofuels wastewater pilot program at the Neely Wastewater Reclamation Facility. The pilot will evaluate the feasibility of the utilization of wastewater as a source of nutrients and water for the cultivation of algae and its subsequent [...]

Algae fuel developer PetroSun taps capital markets veteran as president

In Arizona, algae fuel developer PetroSun announced that James Robinson, a management consultant specializing in early-stage growth and capital development, has joined the firm as President. PetroSun said that Robinson has helped firms access “millions of dollars” in early stage capital, and Robinson said he was looking forward to leveraging twenty years experience in assiting [...]

New details emerging about allocations of energy-related spending from the US economic stimulus bill; staff shortages reported to deal with avalanche of funding requests

In Washington, details are now emerging about the allocation of more than $5 billion from the stimulus package relating to energy investments. The Department of Energy is offering new guidance on $1.6 billion in funding intended for the Office of Science:
There would be $1.6 billion (FY 08: $4.0 billion) for a mix of extramural basic [...]

Arizona group aims for two government algae demonstration project grants

In Arizona, a diversified group including University of Arizona, PetroSun, Purdue University School of Aeronautics and Astronautics, Renascent Energy, Carbon2Algae, Innovative Trade Development Center, USDA Laboratory (Peoria, IL) and Pukyong University (South Korea) have submitted an application for a USDA/DOE project on the production of advanced biofuels from algae.
Concurrently, a group comprised of the University [...]

PetroSun releases data on catfish-farm algae-to-energy business model

In Mississippi, PetroSun is reporting data on its proposed business model of converting catfish ponds to algae fuel production. The company is offering catfish farmers in Mississippi, Arkansas, Louisiana, and Alabama an oil lease-like system including a $50 per acre one-time signup payment, and advance payments of $100 per acre per year with a potential [...]

PetroSun delivers algae-based B100 biodiesel to Carnegie Mellon, UCLA and NextEnergy for testing

In California, PetroSun announced that it will provide five drums of algae based B100 biodiesel to researchers from Carnegie Mellon, UCLA and NextEnergy to conduct independent emissions tests on its fuel.
The Carnegie Mellon project will study emissions from combustion of algae fuel to fossil fuel combustion, while the UCLA project is part of an ongoing [...]

DARPA awards $14.9 million algae-to-jet fuel research deal to SAIC

In California, the Defense Advanced Projects Research Administation (DARPA) announced that a second contract for algae-to-jet fuel research had been awarded to a team led by Science Applications International Corporation, or SAIC, based in San Diego. The SAIC team award was delayed by an award protest. SAIC declined to comment on other companies involved in [...]

PetroSun to proceed to catfish pond conversion program for algae cultivation; establishes royalty scheme for farmers

In Arizona, the directors of PetroSun have approved a royalty plan for catfish pond owners who convert their ponds to algae cultivation. The company’s Algal Oil Working Interest Program is designed to facilitate the buildup of a commercial-scale source of algae in the Mississippi River Delta states of Texas, Mississippi, Louisiana, Alabama and Arkansas, for [...]