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Algenol signs MOU with ZYNE to produce renewable fuels in China using industrial CO2 emissions

US-based algal fuels company based Algenol will partner with South China’s Fujian Zhongyuan New Energy Company, Ltd. (ZYNE) to develop projects throughout Southern China, utilizing carbon emissions to create renewable fuels. The goal is to provide solutions for China’s three biggest challenges: access to clean air, clean water and sustainable fuels.

Algenol’s CEO and Founder Paul Woods along with Wang Suwei, ZYNE’s Chairman of the Board, signed a memorandum of understanding (MOU) establishing the partnership for this joint exploration project. Representatives from both companies attended the ceremony, along with government leaders from both the US and China.

Under the framework of the US-China Climate Change Working Group, there is a global effort to reduce greenhouse gas emissions. Algenol’s patented Direct to Ethanol technology process utilizes industrial CO2 emissions directly from power plants as a feedstock for proprietary cyanobacteria (blue green algae) to produce the four most important renewable transportation fuels (ethanol, gas, diesel and jet).

On one wet acre of algal cultivation, Algenol can produce around 8,000 gallons of liquid fuels with a majority gallons of ethanol, 500 gallons of jet ultra-low sulfur diesel, 380 gallons of gasoline and 315 gallons of jet fuel. This net production of around 8,000 gallons of fuel products on a single acre of land compares favorably to corn at 420 gallons per acre per year, Algenol suggests.

This partnership unites the economic and environmental benefits of Algenol’s technologies with ZYNE’s existing expertise in delivering renewable fuels in China.

The companies will identify and evaluate the utilization of CO2 emissions from industrial sources such as power plants, steel mills, cement and chemical factories in the Fujian province, and other parts of Southern China. Once the CO2 sources are identified, the process will begin to incorporate Algenol’s technology solution of carbon capture and utilization and renewable fuel production.

An added benefit of Algenol’s technology is the primary by-product of clean water, which is valuable to many communities in Southern China.

At the beginning of 2015, the US Department of Commerce and the US Department of Energy invited Algenol to join a Presidential Trade Mission to China. The mission highlighted Algenol’s technology as a solution for significant reduction of China’s carbon emission pollution.

Comments

Nirmalkumar

WHAT A WAY TO STATE THAT 8000 GALLONS COMPARES FAVOURABLY WITH 420 GALLONS PER ACRE.

Nirmalkumar

Is this technology tried out. Fugures too good to be true.In past so many US companies have claimed such stuff but till date no company has produced economical fuel on large scale.if true opec and its related IS, Taliban would disappear.All Saudi oil wealth creations.

NewtonPulsifer

Algenol has never created a product yet, no.

So their claims of 8000 gallons per acre at this point are pure supposition.

Engineer-Poet

An acre of carefully sterilized and cleaned bioreactors costs one hell of a lot more than an acre of cornfield.

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