Kiwi (Algae) Bio-Diesel Developer Launches Prospectus

[jpak]

http://www.scoop.co.nz/stories/BU0701/S00103.htm

Biodiesel developer, Aquaflow Bionomic Corporation, has launched its prospectus in a bid to raise $5 million for further research and development of its world-first wild algae-based fuel.

Copies of Aquaflow’s prospectus are available online at the company’s new website www.aquaflowgroup.com or from Buddle Findlay solicitors in Christchurch.

Aquaflow and the Energy Minister, David Parker, completed a successful test-drive of the alternative fuel in a Land Rover outside Parliament before Christmas.

“Since the test drive we’ve had phenomenal domestic and international response leading to commercial discussions with market-defining investors, “says Aquaflow director, Nick Gerritsen.

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[Warpy]

1. I half heard on NPR yesterday

that there is a company that has managed to design a species of bacteria that act as photovoltaic cells, producing a minute amount of energy when exposed to light.

It will be interesting to see what all of this stuff eventually leads to.