Monday, November 23, 2009

Replenish, A Micro-algae Based Fuel Program Wins Cleantech Business Competition

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The Cleantech Open is a business competition created to find, fund and foster startup clean technology companies. Winnders were announced this week at the annual Cleantech Open Expo and Awards Gala in San Francisco. Dubbed the "Academy Awards of Clean Technology," the event marks the grand finale of the Cleantech Open's yearlong business competition.

2009 Global Cleantech Open Ideas was won by winner Replenish Energy (www.replenishenergy.org) of Puerto Rico. Replenish is a micro-algae based fuel program of Bio-Lipids of Puerto Rico, a private innovation company. Micro-algae are said to be the World's most efficient renewable energy source currently available, capable of delivering 48,000 kilowatts of electricity per million dollars capital invested.

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