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Boost for Neptune's Algae Technology
US - Neptune Industries, Inc., is pioneering a new technology for commercializing the production of algae that uses the waste that is generated from fish farming as fertilizer.The company received a Farm-to-Fuel grant from the State of Florida in January 2008, and has since developed two pilot scale floating production systems that are expandable, and suitable for any water-based environment.
The company is currently working with a number of different algae species which could lead to production of more than 14,000 gals of bio diesel fuel per acre.
Incorporating algae production into a fish farming system saves production costs of the algae, while allowing the independent operation of each system.
Sal Cherch, Neptune's Chief Operating Officer, said: "We believe that producing 'bio diesel' fuels from fish waste could make a meaningful contribution to solving the energy crisis, and we are delighted to see the company's work featured in a major industry journal.
"By using Neptune's patent pending Aqua-Sphere® technology as a platform, the production of algae, which is then refined into bio fuels, becomes an economically viable method of producing millions of gallons of fuel."
The Boca Raton, Florida company's "Fish Farm to Fuel" technology featured as the cover story in the recently released August 2008 edition of Bio Diesel Magazine.
Bio Diesel Magazine stated: "Neptune Industries Inc. and its subsidiaries have come up with a way to solve a long-standing problem in aquaculture - how to keep the fish excreta and uneaten food from becoming a pollution problem," says company Chief Executive Officer Ernest Papadoyianis.
"The company's technology, called the Aqua-Sphere®, keeps this waste out of the environment and collects it so it can be used for other purposes. One of those purposes is algae production for bio diesel feedstock. Neptune Industry's algae system is uncomplicated and takes advantage of the Aqua-Sphere's® environment."
TheBioenergySite News Desk
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