Aquentium, Inc., a publicly traded company in the United States of America announced that the company has secured 475 acres in the State of New Mexico for the development of an algae bio-fuel production facility.
“As we enter this Green Era, by getting ahead of the curve, Aquentium can produce a new generation of transportation fuels for the world that are low-carbon, produced right here in the United States of America, and that generate renewed economic growth and new jobs,” stated Aquentium President Mark Taggatz.
Aquentium’s algae-based fuels will emit approximately two-thirds less CO2 than petroleum-based fuels at scale. When compared with conventional biofuels, such as corn ethanol and soy biodiesel, Aquentium’s Green Crude has significantly less than half their carbon impact, while delivering far greater energy density than either alternative.
“Algae-based fuels, one of the most promising technological developments to positively transform the world’s transportation industry. Fuel from algae is an extremely logical approach to meet the needs for a green solution to our dependence on fossil fuels. Fuel from algae is not just a laboratory experiment. The technology is ready now,” added Taggatz.
Monday, August 24, 2009
Aquentium Inc,US enters Algae Business
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It is great that Aquetium Inc chose NM for bioalgae farming. Where in NM is the plant going to be located and when does it start operating?
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