Saturday, November 24, 2012 10:15:50 AM
A couple of green projects are being seeded in the Golden State.
Algae International Group Inc. is developing its first $2M so-called “Algae2BioFuel” limited partnership venture using CO2, fuel cells, nitrates, phosphates, sunlight, and algae.
“This process, combined with a proprietary custom-built ‘press,’ will allow the venture to produce and deliver high-grade HRD and HRJ fuel to the Military and other commercial and industrial buyers,” says Mervyn Price, president of Regus Advisors Inc., a private global investment banking firm that will supply professional advisory services to the project. “This is one of twelve ventures we are working on in this space.”
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