The first to make a move this summer has been Repsol. The company announced on August 2 the acquisition of a 20% stake in AlgaEnergy, biotechnology company researching on biofuels from microalgae. The oil & gas company said that it intended to “actively...
“Microalgae can contribute to change the guidelines which govern society nowadays, providing endless food and sustainable and clean energy, at the expense of direct sunlight”, says AlgaEnergy’s President, Augusto Rodríguez-Villa.It is of great...
Repsol has completed the acquisition of a 20% stake in AlgaEnergy, company specialized in microalgae research, in order to complement and strengthen the “research of Repsol in the use of microalgae for the production of second generation biofuels”. See...
According to Augusto Rodriguez-Villa, President of the company, “the idea was to incorporate to the business project, together with the extensive successful experience of the founding partners, the best scientists and partners who contribute their talents and...
Microalgae are considered a source of second generation biofuels production. Unlike agricultural crops, such as cereal, they do not come into conflict with food. Also they do not require arable soil, but grow in brackish or waste water.AlgaEnergy has developed other...
