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Finance GreenWatch » 5.Climate Change & Carbon, unclassified » OriginOil technology to be used in Japanese biofuel project (NewNet)

OriginOil technology to be used in Japanese biofuel project (NewNet)

Japan’s Research Institute of Tsukuba Bio-tech, partner of US cleantech company OriginOil, has received government funding for an algae biofuel programme.

The venture will look to manufacture renewable fuels using OriginOil’s algae harvesting technology, helping alleviate Japan’s dependence on nuclear power.

Grant approval has come from the Ministry of Agriculture, Forestry and Fisheries to build one-acre sites to prove biofuel production and toxic remediation using algae.

Takaaki Maekawa, president of the Research Institute of Tsukuba Bio-tech, said, ‘We are excited to be working with OriginOil on a major algae production programme that also has the strategic support of our Agriculture Ministry.

‘It is our intention that more than a hundred algae production sites in Japan will include OriginOil technology.’

Riggs Eckelberry, CEO of OriginOil, added, ‘We are delighted that our longtime collaborator, Doctor Maekawa, has succeeded in receiving major funding approval for these strategic algae initiatives.

‘We intend to put all available resources to work to help him alleviate the energy and environmental crises afflicting the people of Japan.’ .

Filed under: 5.Climate Change & Carbon, unclassified