Aurora Biofuels announced this week it had completed a successful trial of growing algae for biofuels and appointed former Royal Dutch Shell executive Robert Walsh as CEO.
Aurora has been growing algae in two outdoor ponds (each roughly the size of an Olympic swimming pool) in Florida for the past year and a half. Algae produces bio-oil which can be converted into biodiesel.
Aurora says the test results suggest it can go ahead with plans for a 50-acre demonstration facility for which it has raised $20 million.
Aurora has been growing algae in two outdoor ponds (each roughly the size of an Olympic swimming pool) in Florida for the past year and a half. Algae produces bio-oil which can be converted into biodiesel.
Aurora says the test results suggest it can go ahead with plans for a 50-acre demonstration facility for which it has raised $20 million.
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