Algae biofuels were initially hailed as a holy grail to sustainably power the transportation sector. Now after more than a decade of boom and bust, the industry says it’s on the verge of globally scalable, climate-friendly jet, ship and truck fuels.
Viridos Executes Agreement with ExxonMobil to Help Scale Algae Biofuels – Advanced BioFuels USA advancedbiofuelsusa.info - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from advancedbiofuelsusa.info Daily Mail and Mail on Sunday newspapers.
Viridos Inc. has signed a joint development agreement with ExxonMobil Research and Engineering Company. The companies will work together to develop infrastructure and agronomic techniques for producing algal biofuels in commercial quantities.
Viridos Inc., earlier known as Synthetic Genomics, has signed a joint development agreement with ExxonMobil Research and Engineering Company (EMRE) with the intent to bring Viridos’ low-carbon intensity algae biofuels toward commercial levels. In 2009, EMRE launched what it calls a “significant” new program to research and develop advanced biofuels.