News & Events
30 Apr 2012
Nigerian, Israeli, Belgian Collaboration On Algal Biofuel
November 3, 2011
Israeli companies such as UniVerve in the lead to crack the algae fuel challenge
May 6th, 2012
UniVerve Chooses Microalgae For Award-Winning Biofuel Business
Drop-in biofuel is increasingly recognized as the near- medium- and long term substitute to petroleum-based fuels in aircraft, automobiles, ships and industry, because it can be used immediately, without replacement of engines or distribution infrastructure. Microalgae, which can produce sugars and oils as feedstock (raw material) for drop-in biofuels, are the premiere source for feedstock.
UniVerve developed a complete microalgae-to-oil process that addresses the major technological obstacles associated with providing cost-effective and high-quality oil as feedstock for biofuel through microalgae aquaculture. The unique technology is scalable and enables reaching a high yield using very little energy and it's simple to construct, operate and maintain. According to the company's financial model, the production cost of an oil barrel is expected to be up to USD 50.
The remaining biomass after the oil is extracted contains high value materials that can be commercialized in the food and feed industries. Thus, Univerve can help players on the supply chain of these industries to secure their feedstock, which is globally in shortage, by initiating the construction of large microalgae production farms, to which the technology is licensed against royalties.
Univerve BioFuel On Channel 2 News