Frost & Sullivan recognizes Algasol Renewables for its proprietary floating PBR technology.
Based on its recent analysis of the algae biofuels market, Frost & Sullivan recognizes Algasol Renewables with the 2010 Global Algae Biofuels Green Excellence in Technology Innovation of the Year Award.
"Algasol Renewables provides a critical and innovative method for micro algae biomass production. Its modular floating bag technology, a new variation of photobioreactors (PBRs), provides a low-cost design coupled with industrial scalability, optimal light exposure, high biomass concentration, low energy consumption, and efficient system control. A key aspect of the technology is its entirely flexible structure utilizing only an integrated density management system to control the position of the PBR in the water."
"Algasol Renewables’ approach is expected to be the pioneer to achieve an economically and environmentally sustainable large-scale algae biofuels production," says Frost & Sullivan Global Program Manager, Transportation Chemicals, Robert Outram. "The company has shown an astonishing entrepreneurial dexterity in introducing a new environment-friendly production system, which could eventually be rolled out across the world."
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