Algal Biofuels now more viable thanks to Bioreactors on a chip

Algal Biofuels now more viable thanks to Bioreactors on a chip

For over a decade, companies have promised a future of renewable fuel from algae. Investors interested in moving the world away from fossil fuel have contributed hundreds of millions of dollars to the effort, and with good reason. Algae replicate quickly, requiring little more than water and sunlight to accumulate to massive amounts, which then convert atmospheric CO2 into lipids (oils) that can be harvested and readily processed into biodiesel.

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Biofuel Stocks up 25%

Pacific Ethanol and Renewable Energy Group ran up last month for very different reasons, but both remain undervalued by the market. Shares of the nation’s fourth largest ethanol producer, Pacific Ethanol(NASDAQ:PEIX), and the largest U.S. biodiesel producer, Renewable Energy Group(NASDAQ:REGI), turned in

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