The US Department of Energy announced this week it is going to invest $8 million in three projects that are working to reduce the costs of algae-based biofuels.
To support the development of the country’s bioeconomy, the three selected companies will be given the financial backing to deliver ‘biology-focused breakthroughs’ and ‘high-impact tools and techniques for increasing the productivity of algae organisms and cultures’.
In an article we ran in March – algae can do pretty much anything – three Californian universities announced they had sequenced the genome of a type of alga – paving the way for a new generation of advanced biofuels and medicines.
This latest funding – for Lumen Bioscience , Global Algae Innovations and Los Alamos National Laboratory in partnership with Sapphire Energy – will help advance more groundbreaking research in algae-based biofuels.
— Sandia National Labs (@SandiaLabs) July 12, 2017