January 12, 2007

US and German Algae Companies Form Strategic Alliance to Advance Bioreactor Systems
11 January 2007
Greenfuel Technologies Corporation, a leader in the development of algae bioreactor technology for recycling CO2 in flue gases into biofuels, has signed a strategic alliance agreement with IGV (Institut für Getreideverarbeitung), a private industrial research institute headquartered in Potsdam, Germany. IGV is a pioneer in micro-algae research and production with more than 80 commercial technology deployments worldwide.