Algaennovation Signs Deal with Iceland Geothermal Plant
(Algae Industry Magazine) exander Richter writes in thinkgeoenergy.com that Israel-based Algaennovation last week signed a 15-year contract with Icelandic energy utility and operator ON Power for the purchase of energy and other inputs for small-scale algae production, which the companies say will be the first of its kind in the world.
Icelandic engineering group Mannvit has been preparing for the start of production of Algaennovation since February, and has been responsible for all design, procurement and project management for microalgae production at the Geothermal Park of ON Power, at the Hellisheidi geothermal power plant.
Algaennovation is an international startup that has been developing new technologies for the production of microorganisms. The company is run by Israeli scientist Isaac Berzin, whose early research focused on microalgae’s enormous potential as a biofuel but, in more recent enterprises, has turned more of his attention toward the opportunities of algal-based fish food. READ MORE
Algae production to be set up at Hellisheidi geothermal plant in Iceland (Think GeoEnergy)
