Leading R & D company in investigating the production of next generation biofuels from algae
Repsol acquires 20% stake in AlgaEnergy
Press Release04/08/2010 20:38
The agreement complements and strengthens Repsol’s research into the use of microalgae for next generation biofuels.
Repsol has developed various research projects with microalgae as a source of advanced biofuels for a sustainable future.
As a technical partner, Repsol will actively collaborate in the selection, improvement, cultivation and marketing of fuels obtained from microalgae.
AlgaEnergy has great development potential, thanks to its patents, its team of scientists, and its active collaboration with prestigious research centres and universities.