LOS ANGELES--(BUSINESS WIRE)--OriginOil, Inc. (OOIL), the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, today announced an innovative production system using a type of algae that attaches itself to growth surfaces. The new system helps pursue clean water goals while generating algae for fuel and other valuable products in wastewater treatment plants.
“Previous attempts at using surface-mounted algae were not very scalable,” said OriginOil CEO Riggs Eckelberry. “OriginOil’s Attached Growth System delivers scalability and throughput in an industrial process that delivers light more efficiently to grow algae for fuel and helps process wastewater at the same time.”
The company recently filed for patent protection of the new Attached Growth System, its ninth patent application, entitled “Methods and Apparatus for Growing Algae on a Solid Surface.” OriginOil will integrate the process into the demonstration algae system now being built at its headquarters.
Growing algae in water is a challenge because as it grows, the algae thickens and stops light. One solution is OriginOil’s Helix Bioreactor™ which puts the lights inside the tank. Another method is to rotate the algae periodically out of the water so it can be exposed to the light. OriginOil’s Attached Growth System uses types of algae that will attach to surfaces rotating in and out of the water, exposing the algae to sunlight or artificial light. At harvest time, the algae is scraped off as a sludge, greatly decreasing the energy cost of dewatering during oil extraction.
In wastewater treatment plants, OriginOil’s Attached Growth System can be configured to encourage bacterial growth in addition to the algae. Combining algal and bacterial growth makes for better nutrient extraction than either one of them alone, contributing to clean water goals while making fuel and absorbing CO2.
OriginOil Chief Scientist and clean water veteran Dr. Vikram Pattarkine said: “We demonstrated in our cost analysis, at the National Algae Association in Houston earlier this month, that algae can be far more profitable when located in wastewater treatment environments. This technology will multiply the benefit.”
CEO Eckelberry added: “We are proud to present this technology while the second Governors' Global Climate Summit is in progress here in Los Angeles. In addition to being a renewable energy pioneer, California is in the grips of a long-term drought and can clearly use any technology that allies clean water with sustainable fuel production.”
For more information on OriginOil technology, please visit www.originoil.com.
About OriginOil, Inc.
OriginOil, Inc. is developing a breakthrough technology that will transform algae, the most promising source of renewable oil, into a true competitor to petroleum. Much of the world's oil and gas is made up of ancient algae deposits. Today, our technology will produce "new oil" from algae, through a cost-effective, high-speed manufacturing process. This endless supply of new oil can be used for many products, such as diesel, gasoline, jet fuel, plastics and solvents, without the global warming effects of petroleum. Other oil-producing feedstock, such as corn and sugarcane, often destroy vital farmlands and rainforests, disrupt global food supplies and create new environmental problems. Our unique technology, based on algae, is targeted at fundamentally changing our source of oil without disrupting the environment or food supplies. To learn more about OriginOil™, please visit our website at www.originoil.com.
Safe Harbor Statement:
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
No comments:
Post a Comment