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$8 million for US biofuel projects

(USA)

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.

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