BioCentric Energy to implement algal technology
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Energy solutions research and development company BioCentric Energy Inc. has released details of five proposed projects that are slated to occur in the next three years, most of which are centered on the development and use of algae as an emissions absorption agent, biodiesel feedstock and electricity generator.
Over the past thirty months, BioCentric Energy has conducted research and development on algae in Sri Lanka and India. The company has indicated it's ready to implement its proprietary technological process, which converts two species of algae into biofuels.
BioCentric Energy said its technology consists of capturing carbon dioxide and nitrous oxide emissions from smokestacks, which are fed to a closed-loop algae solution where up to 50 percent of the emissions can be eliminated. The algal oil is then extracted and used to make biodiesel; the leftover residue is fed through a dual pyrolysis unit to create syngas for electricity generation.
The five algal projects are:
- In Lake Elsinore, Calif., BioCentric Energy will collaborate with Southern Pacific Energy Inc. to deliver its carbon dioxide reduction and algae growth solution for biodiesel production, as well as residue gasification process to produce electricity.
- In Wuhan, China, through a joint venture BioCentric Energy will work with a coal-fired steel facility to implement its carbon dioxide reduction/algae growth solution for biodiesel production, and residue gasification process to produce electricity.
- In Orange County, Texas, BioCentric Energy will collaborate with joint venture partner Petroleum Equipment Institute, which purchased 54 acres owned by a prior Exxon refinery, to implement a project involving the development of two acres of both covered and non-covered algae canals to absorb carbon dioxide emissions and produce biodiesel and electricity.
- In Peru, the company is organizing and facilitating a farmer co-op to assist in the planting, harvesting, sale and delivery of organic biodiesel feedstock.
- BioCentric Energy will facilitate the sale and delivery of sister company BioCentric Consortium's organic oils, including rapeseed oil, for biodiesel production.
In early September, Biodiesel Magazine reported that BioCentric Energy had agreed on the terms and conditions of a Memorandum of Understanding to merge with AutoMax Group Holdings Inc. Read BioCentric Energy, AutoMax Group Holdings merge.
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