Bioenergy company Aurora Biofuels is named to the 2009 AlwaysOn GoingGreen 100 list. The company produces bioenergy from optimized algae strain.
September 3, 2009
Today, bioenergy producer Aurora Biofuels announced it has been named to the 2009 AlwaysOn GoingGreen 100 list of top private companies in the clean technology sector for bioenergy.
Founded in 2006, Aurora Biofuels is an innovative bioenergy company that converts CO2 from their bioenergy industrial facilities into transportation fuels in a patented bioenergy production process. The Aurora Biofuels process is carbon-mitigating, capturing more than 90% of the CO2 fed to the process, utilizes brackish water which is non-competitive with agricultural resources, and is capable of industrial yields of bioenergy with facility footprints 5% the size of cellulosic technologies.
For more than two years, Aurora Biofuels has successfully produced biofuel for bioenergy in open pond systems at the company's Florida pilot facility. Recent advances in Aurora Biofuels bioenergy technology have resulted in the ability to create optimized, non-transgenic algae strains that can more than double CO2 consumption and biofuel production, and the company has proven these results in an outdoor open system over the last several months.
"We are honored to be included in this year's GoingGreen 100 list," said Bob Walsh, the CEO of Aurora Biofuels. "Algae-based processes are a compelling avenue for bioenergy production from captured CO2, and we have worked hard to build our technology and engineering such that they can support the economic scaling from pilot to industrial volumes. It is rewarding for our efforts on production to receive recognition from such an esteemed group."
The annual GoingGreen 100 list recognizes the most promising entrepreneurial opportunities and investments in cleantech and bioenergy. Companies named to the list have demonstrated the potential to make a significant contribution to economic growth and the sustainable use of natural resources for bioenergy. Finalists must excel in five primary criteria, including innovation, market potential, commercialization, stakeholder value and media attention.
About Aurora Biofuels www.aurorabiofuels.com
Aurora Biofuels manufactures fuel for bioenergy from optimized algae in a patented production process. Leading technologists at Aurora Biofuels have engineered a cost-competitive and scalable method for bioenergy generation, using robust and highly-productive custom algae strains. The Aurora Biofuels process is carbon-mitigating and non-competitive with agricultural resources, and capable of industrial yields with a minimal land requirement. Aurora Biofuels investors include: Oak Investment Partners, Noventi Ventures and Gabriel Venture Partners.
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